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re: 51% of 30 year olds make more than their parents did at 30;down from 92% in 1970
Posted on 12/9/16 at 7:01 am to GetCocky11
Posted on 12/9/16 at 7:01 am to GetCocky11
I don't know if this statistic tells the whole story. I mean you can't have constant upward mobility. Everyone would end up the freakin king and queen of England.
Is the middle class shrinking? That's about all I care about. I hate this idea that only a select few have all the wealth as if I'd have part of it if they didn't. You have to have concentrated wealth to have large scale investments in the private sector.
Is the middle class shrinking? That's about all I care about. I hate this idea that only a select few have all the wealth as if I'd have part of it if they didn't. You have to have concentrated wealth to have large scale investments in the private sector.
Posted on 12/9/16 at 7:10 am to KG6
quote:
Is the middle class shrinking?
Yes, the article touches on that subject. A large part of what was the middle class, house holds in their 30's, aren't making out of lower income classifications.
The wealth disparity (when compared to the 70's) leaves more people in the upper class and most in the lower class with few in the middle.
Posted on 12/9/16 at 7:59 am to KG6
quote:
Is the middle class shrinking?
Yes.
quote:
You have to have concentrated wealth to have large scale investments in the private sector.
No. You don't. Just an incredibly silly lie that you have bought into to justify crony capitalism and corruption in the government.
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