Re:$250K a Year Is Not Middle Class
by rubyfan on Monday December 28, 2015 @10:37PM
(#10805043)
It'd be interesting to see when this balance tipped on a timeline.
There's a lot of factors at play here. I can imagine a time where not everyone in the middle class had an expectation of going to college. I could also imagine a US advantage on skilled labor that would have yielded far better wages which has steadily eroded under globalization. I am also imagining a time when taxes where less burdensome. Probably some other factors at play that I am overlooking as well, still I wonder when the tipping point was 1980s?
There's a lot of factors at play here. I can imagine a time where not everyone in the middle class had an expectation of going to college. I could also imagine a US advantage on skilled labor that would have yielded far better wages which has steadily eroded under globalization. I am also imagining a time when taxes where less burdensome. Probably some other factors at play that I am overlooking as well, still I wonder when the tipping point was 1980s?