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Even households earning $150,000 a year are struggling with credit card and car payments
(www.cbsnews.com)
this post was submitted on 30 Jul 2025
269 points (94.7% liked)
Fuck Cars
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Owning class, working class and then you do have a mid point of worker/owner class. Their money comes partly from their labour but also partly from their wealth
Those at the midpoint still have to work to live, so they are working class. 🤷
At some point it's more that they want the extra money than they have to work, and they own so they are also the owning class
If they don't have to work to live, they're no longer working class (Musk still works at Tesla, but clearly doesn't need to). But I'm not sure what your point is. Are you saying that those who derive their wealth from the labor of workers but who can't afford a yacht should be treated differently than billionaires? I'm not arguing that we shouldn't have progressive tax rates, I'm only saying that an arbitrarily defined 'middle class' exists solely so that you and I are distracted by exactly these discussions, and provides no benefit to determining what is justifiable economic policy.