this post was submitted on 15 Dec 2025
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This was "middle class" and not everybody. The goalposts moved and middle class is now in the mid 500ks take home. Wages never kept up, so the classes shrank by default. It was and is all planned by those at the top to syphon off more and more so they can elevate themselves from us common plebs. Almost like cycles in nature? We fight and gain concessions, they slowly roll them back until we start again...
This is the natural tendency of capitalism. Paying workers more is less profitable, therefore companies that do so are less attractive to capital.
At the same time, to remain competitive, capital requires greater and greater investment, eg 20 years ago a grocery store needed 10 cashiers and $10,000 worth of machinery, now it needs 2 cashiers and $100,000 worth of investment to remain competitive and obtain the same revenue.
So per dollar invested, the rate of return goes down over time if the market doesn't expand.
No, this was everybody. I don’t think there was a single exception to this lifestyle whatsoever.
But you don't need an income that high for the lifestyle described, outside of major cities anyway. UK here for context, I would only really expect needing a high income in London. I live on the south coast, if it wasn't for house prices and mortgage rates 1 minimum wage part time income would cover this lifestyle. Unfortunately I need to pay £1100 a month for decades instead. Maybe after a while inflation will make that easier.
All other expenses a month? £170 council tax (sorta like property tax but far more regressive), £100 energy, £24 internet, water is so cheap I haven't really tracked it, under £20, food £100 or so for 2. All essentials for aboit £420 a month or 34 hours at minimum wage - for the month!
Unfortunately stuck paying the majority of my income on a mortgage.
Tell me you don't have Thames Water without telling me you dont't have Thames fucking Water
Well yeah, I said my mortgage is £1100 not my rent is £6000 a month. Its cheap when your water company just dumps the sewage into the sea.