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by fsociety
1176 days ago
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You are missing the point. “Middle class” lifestyle, especially in high cost areas, is not making around $55K. It is making roughly $150K or more. The point is that salaries should have increased for everyone. Middle class is not struggling to make ends meet and living paycheck to paycheck. It is living a modest life with modest savings and a discretionary income. This random article claims the 90th percentile in the Bay Area is $384K. https://www.kqed.org/news/11799308/bay-area-has-highest-inco... I am not sure how that helps make this clearer though. It almost doesn’t matter at this point. We all know making $55K/yr in the Bay Area is rough. People are getting screwed over. |
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