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re: Middle class
Posted on 12/10/22 at 1:11 pm to jclem11
Posted on 12/10/22 at 1:11 pm to jclem11
quote:
Everyone wants the $1M house and the fancy cars and the exotic vacations and think they deserve it.
We weren't poor growing up. My dad was college educated, had a good job and we were solidly middle class.
We also lived in a 1500 sq ft house for family of 5. My sisters shared a bedroom. My dad drove 10 yr old vehicles. We took one family vacation per year where we drove to Astroworld or the beach. There were no ski trips or Disney vacations.
That was middle class in the 80s where I grew up. I wonder what percentage of the middle class in 2022 would consider that an acceptable lifestyle?
Posted on 12/10/22 at 1:17 pm to fallguy_1978
quote:
We weren't poor growing up. My dad was college educated, had a good job and we were solidly middle class.
We also lived in a 1500 sq ft house for family of 5. My sisters shared a bedroom. My dad drove 10 yr old vehicles. We took one family vacation per year where we drove to Astroworld or the beach. There were no ski trips or Disney vacations.
That was middle class in the 80s where I grew up. I wonder what percentage of the middle class in 2022 would consider that an acceptable lifestyle?
This was my life growing up in the 90s and early 00s.
We knew no different and it was our normal.
The advent and mass adoption of the internet and social media likely led to this explosion in luxury taste for everyone regardless of income or social class.
Everyone wants to have the best things right now today and thus they go YOLOing on crypto or meme stocks to try and get that NOW.
Getting rich the conventional way over time isn't flashy or sexy and most folks do not want to take that path.
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