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The only way one can claim that the middle class isn’t shrinking is to have a floating definition of the middle class. If you lock it in any way to something l
by t-writescode 2mo ago
The only way one can claim that the middle class isn’t shrinking is to have a floating definition of the middle class.
If you lock it in any way to something like “home ownership and simple vacations once a year” (which was absolutely possible in the 90s), it has plummeted.
- api 2mo agoI always mention this in these discussions: https://worksinprogress.co/issue/the-housing-theory-of-everything/ https://worksinprogress.co/issue/the-housing-theory-of-every... It's housing prices.