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The economy feels bad for richer Americans who are used to it being good
- RhodesianHunter 3y agoThis article is interleaved with references to a particular group they're calling "upper middle class" that include the descriptors "rich" and "well off" while also providing anecdotes from members of this group struggling with rent and grocery prices. I know it's all relative, but I don't think of "rich" people as those struggling with rent, even in high cost of living cities. Writings like this that seem to pit upper, middler, and lower incomes against each other feel written to benefit the unmentioned folks wholly unaffected by (or benefitting from) rent prices, whose wealth does not rely on "income".
- bell-cot 3y agoActual Title/Subtitle: When the economy’s winners feel like losers / The country’s upper middle class isn’t used to precarity. Skimming through the article, my sense is that it has quite a few good ideas and facts, but they're thrown together in a slightly-organized jumble. (OTOH, that's my reaction to a lot of articles which are heavy on anecdotes.)