@Demosthenes @randomthoughts@mstdn.social declining quality of life for the lower and middle classes is just not true
@verita84 @valleyforge @randomthoughts@mstdn.social @Demosthenes but where to go with all that gas while the pandemic thing is going? it's well that i can get a full tank for 60% of what it's used to be, but i've got nowhere to go (and good jerrycans aren't cheap enough ;)
@verita84 @valleyforge @Demosthenes @randomthoughts@mstdn.social well, yes. i don't mind the masks, just get some funny ones. i've got one with birds. additionally, for introverts the current situation isn't that bad, i kind of like it that i don't have to randomly meet and hug people because i am expected to🤷♀️
@Demosthenes @randomthoughts@mstdn.social Real median household income rose 6.8% from 2018 to 2019 and poverty rates were at a historic low before the pandemic.
"The 2019 poverty rate of 10.5 percent is the lowest rate observed since estimates were initially published in 1959"
I haven't seen data for what you're saying about the middle class.
https://www.census.gov/library/publications/2020/demo/p60-270.html
@valleyforge
For the lower class, it's 100% true. Housing, education, and medical costs have increased far faster than inflation and isn't appropriately measured in the Fed's measures of inflation.
For the middle class, it's more complicated. The middle class has bifurcated into a lower-middle class that is constantly at risk of slipping into the lower class, and an upper-middle class that is doing great.
@randomthoughts@mstdn.social