this post was submitted on 25 May 2024
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Work Reform

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cross-posted from: https://lemmy.ml/post/16038479

Marxist Financial Advice

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[–] Dagwood222@lemm.ee 7 points 5 months ago

That's another thing I always mention.

When Ronald Reagan took office, 'middle class' was defined as one Union salary job supporting a family of four, and $1 million was considered a vast fortune.

By the end of Bush Sr's term, 'middle class' was two jobs to keep the family going, and $1 million was what a rich guy paid for a party.