(September 4, 2018 at 2:41 pm)CapnAwesome Wrote: When you consider the whole world, the American middle class is in the top 1%.
https://www.investopedia.com/articles/pe...-world.asp
Which starts at $32,050.
Pardon me if I don't feel a ton of sympathy.
You'd have a point if the costs of goods, services, education, etc. were the same everywhere.
IIRC, last time you brought up a similar point. As if the problems in the American economy don't matter others are worse off in other regions of the world. That's a bit silly, since you can take that argument all the way down to: at least a war lord chopped your head off quick instead of slowly dying of ebola. Comparing problems and suffering as means of shutting down legitimate argument and criticism is incredibly unproductive. The American state capitalist economy is hardwired to hurt the working and middle class. More and more news stories come out every week detailing its impacts.
These problems shouldn't exist in the richest country in the world. There is a ridiculous amount of wealth in America, but it's not going down. $32k the start of middle class? Absurd. They're one major, unforeseen cost away from personal bankruptcy and poverty.
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