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What does it take to be "middle class" in America today? (hexbear.net)

submitted 7 months ago by InevitableSwing@hexbear.net to c/chapotraphouse@hexbear.net

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archive.today • How Americans define the middle-class and why they can't reach it - The Washington Post

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[-] StellarTabi@hexbear.net 9 points 7 months ago

401k's which have only been around since the 80's and there is not a generation of people that have retired on them.

damn, somehow I know that after all my 401k-less comrads die in the freemarket famines, of 2050, probably the last rugpull on my generation will be the collapse of 401ks. Then in 2070 there will be YouTube videos explaining why 401ks were an obvious scam from the beginning, but you probably won't find anyone explaining/claiming that today. It's just going to happen somehow I know it lol.