The Math Says It's Getting Harder to Break into the American Middle Class (bloomberg.com)

15 points by mgh2 1y ago ↗ HN

4 comments

[ 3.5 ms ] story [ 13.9 ms ] thread

mgh2 1y ago ↗

https://archive.is/XmxDm

betaby 1y ago ↗

Welcome to the club! ( Canada, Australia, UK, France )

briankelly 1y ago ↗

Didn’t anyone tell them to become a plumber?

lurking15 1y ago ↗

Welcome to the Cantillon effect. Any country that debases the money (planned economy and socialist tendency) will find that the ability for average people to save the fruits of their labor becomes near impossible.