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InevitableSwing [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 2 years 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 · 2 years ago
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archive.today • How Americans define the middle-class and why they can’t reach it - The Washington Post

  • nat_turner_overdrive [he/him]@hexbear.net
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    2 years ago

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

    • FloridaBoi [he/him]@hexbear.net
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      2 years 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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        2 years ago

        This information would harm the worldview of Washington Post staffers

        • buckykat [none/use name]@hexbear.net
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          2 years ago

          No information can impact the worldview of Washington Post staffers

          • nat_turner_overdrive [he/him]@hexbear.net
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            2 years ago

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

      • CyborgMarx [any, any]@hexbear.net
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        2 years 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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          2 years 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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          2 years ago

          That’s some clown world type shit.

          • CyborgMarx [any, any]@hexbear.net
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            2 years ago

            Ain’t that the truth yea

            • aaaaaaadjsf [he/him, comrade/them]@hexbear.net
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              2 years ago

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

              • GalaxyBrain [they/them]@hexbear.net
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                2 years ago

                Yes, indirectly but yes.

      • idkmybffjoeysteel [he/him]@hexbear.net
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        2 years ago

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

        • FloridaBoi [he/him]@hexbear.net
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          2 years 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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            2 years 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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