The phrase "fixed income" is generally used to refer to people who are living off an annuity or a pension that doesn't change from year to year, so that they wo

The phrase "fixed income" is generally used to refer to people who are living off an annuity or a pension that doesn't change from year to year, so that they would be totally screwed by inflation or a large unexpected expense. Referring to a salaried job as a "fixed income" is such blatant hyperbole that I can't take the rest of his article seriously.