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TopicIt's really sad being a teacher now, since many students no longer believe that
MaverickXeo
01/24/20 4:06:04 AM
#62:


Jiek_Fafn posted...
Part of it is a skewed idea of what actually qualifies as middle class. Many parts of the middle class are what we think of as the working poor. The low end is around $40k per year for the household. Single person households will often struggle getting that, but there are a ton of possibilities including what we consider crap jobs in a dual income environment. Their expectations are lower than working at Target while your wife is a waitress.

The middle class of today is like the upper class of our parents' generation. Although we feel we are worse off, we actually have MUCH more in our lives than previous generations before. How many people had cell phones in the 80s vs now? How about computers? Going back even further, what about TVs or radios? We are advancing and our perception of 'class' has changed to fit a more 'luxurious' lifestyle. Heck, even those who are struggling financially have more than the middle class of a few generations ago.

What do we really 'need' to survive? The average US household gross income is around $60k. That is about $5000 a month. If we figure average US rent is at $1400, that means that 35% of your gross income goes to rent (which is higher than the standard 30%, though), but that still leaves quite a bit for goods and services.

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