Letters: Readers respond to an article about quitting the rat race, with some saying their generation was handed an untenable position and others saying the struggle is nothing new
And, the definition of well-off is a moving target. $150k a year now is the equivalent of $80k ish a year in 2000. That was a middle-class income then, but $100k+ now is seen as well-off by a lot of people.
It’s more well-off than many, but it isn’t what well-off used to mean. Outside of the super rich, everyone now gets fucked in their own way.
…and increasing, as regulatory capture (especially failure to enforce anti-trust law) allows big corporations to continue hollowing out the middle class.
More like - EVERYONE is.
Everyone who isn’t well-off that is.
And, the definition of well-off is a moving target. $150k a year now is the equivalent of $80k ish a year in 2000. That was a middle-class income then, but $100k+ now is seen as well-off by a lot of people.
It’s more well-off than many, but it isn’t what well-off used to mean. Outside of the super rich, everyone now gets fucked in their own way.
Which is practically everyone.
…and increasing, as regulatory capture (especially failure to enforce anti-trust law) allows big corporations to continue hollowing out the middle class.