[passwordoops]

Many are living paycheck to paycheck since most have a tendency to "live up to our paycheck" and purchase status symbols. I drove a 9 year old car in 2021. My pay increased 25% since then. I now drive an 11 year old car. A lot of people wouldn't.

Also, I just want to make a distinction between wage and income. The income of the top 1% should dwarf their wage. I recall many CEOs in the 80s and 90s famously claiming themselves wages of $1 per year, conveniently leaving out stock-based compensation and performance bonuses. Present CEO wages aren't as laughably low, but the overall income from their employment is not derived from wages but non-wage based compensation