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InevitableSwing [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 year ago

What does it take to be "middle class" in America today?

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What does it take to be "middle class" in America today?

hexbear.net

InevitableSwing [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 year ago
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archive.today • How Americans define the middle-class and why they can’t reach it - The Washington Post

  • FloridaBoi [he/him]@hexbear.net
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    1 year ago

    How is that even determined?

    • nat_turner_overdrive [he/him]@hexbear.net
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      1 year ago

      Pensions aren’t really a thing anymore, so… Retirement funds I suppose?

      • FloridaBoi [he/him]@hexbear.net
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        1 year ago

        I feel like there’s probabilities associated with that stuff. Most people’s retirements are tied to stock markets

        • nat_turner_overdrive [he/him]@hexbear.net
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          1 year ago

          This information would harm the worldview of Washington Post staffers

          • buckykat [none/use name]@hexbear.net
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            1 year ago

            No information can impact the worldview of Washington Post staffers

            • nat_turner_overdrive [he/him]@hexbear.net
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              1 year ago

              Maybe not information, but there’s always gui-better

        • CyborgMarx [any, any]@hexbear.net
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          1 year ago

          They are, I lost 300 dollars last week from my “retirement savings” lmao

          • Elon_Musk [none/use name]@hexbear.net
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            1 year ago

            Yea, but real talk: barring the collapse of the US empire, you will make money in the long run.

          • aaaaaaadjsf [he/him, comrade/them]@hexbear.net
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            1 year ago

            That’s some clown world type shit.

            • CyborgMarx [any, any]@hexbear.net
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              1 year ago

              Ain’t that the truth yea

              • aaaaaaadjsf [he/him, comrade/them]@hexbear.net
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                1 year ago

                What happened to pensions? Did Reagan mess that up too?

                • GalaxyBrain [they/them]@hexbear.net
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                  1 year ago

                  Yes, indirectly but yes.

        • idkmybffjoeysteel [he/him]@hexbear.net
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          1 year ago

          conspiracy by big bank to force you to care about “the economy”

          • FloridaBoi [he/him]@hexbear.net
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            1 year ago

            They also make broker commissions and account fees from holding investments. Just skimming right off your earnings

            • idkmybffjoeysteel [he/him]@hexbear.net
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              1 year ago

              it is so fucked, if you earn little and you get auto-enrolled into a default scheme with high fees in the UK, literally your entire savings will be eroded by fees within the year

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