Comment on Feeding my family alone is expensive. I can't afford to feed all of y'all.
MystikIncarnate@lemmy.ca 5 days agoMiddle class is gone. You’re either extremely rich, or you’re down in the dirt with us poors.
If you’re not sure which camp you’re in, welcome to the fold.
whoisearth@lemmy.ca 5 days ago
Meh it’s all semantics. I consider myself middle class and I make almost 200$k a year. I have more in common with the homeless guy at the go train station than I do with the CIO of my company.
I wish more people were this way. It’s why I still prefer taking public transit. It grounds me. I’d rather be around people struggling to get by than those who have never known what it’s like to put hotdogs in your mac & cheese.
Maggoty@lemmy.world 5 days ago
I don’t think many people realize that cost of living has increased so much that the lifestyle we used to associate with the middle class now isn’t available until 100k without kids or significantly more with kids. Income for the 0-89th percentile has gone down in real terms for decades. 90th to 99th has held stagnant against inflation. Only that top 1 percent has been beating inflation, and they’ve been really beating it. Rand estimated that there’s been a transfer of something like 47 Trillion USD (not a typo) from the rest of us into the top 1 percent since 1975.
MystikIncarnate@lemmy.ca 5 days ago
This is exactly what I was trying to say. Someone single making $200k might think, well, I’m not struggling at all, maybe I’m on the rich side?.. No, they wouldn’t be rich there either.
$200k/yr is nothing compared to the fat cats on top.
Even double that, you’re still much much closer to begging for quarters in the go station than deciding what yacht to buy next…
The amount of money the rich have extorted from the rest of us is unfathomable.