Re:India has a hole where its middle class should be
by chiefalchemist on Sunday January 14, 2018 @12:05AM
(#16142875)
> "People fail to see the point of a "costly" pizza when 2-3 meals can be had for same price. But, if there is a grand occasion like birthday, anniversaries people still land up there."
Ok. But isn't disposal income one of the properties of Middle Class? The purchase of costly things only for special occasions is a lower (?) tier than middle class.
Perhaps the average income appears sufficient. But without that money changing hands the broader economy remains constricted. That is, if ya wanna have a Middle Class ya gotta act like a Middle Class.
Ok. But isn't disposal income one of the properties of Middle Class? The purchase of costly things only for special occasions is a lower (?) tier than middle class.
Perhaps the average income appears sufficient. But without that money changing hands the broader economy remains constricted. That is, if ya wanna have a Middle Class ya gotta act like a Middle Class.