Middle class wages, adjusted, start at $83.17/hr. If you're making less than that and call yourself middle class you're only fooling yourself. There's a reason you're not told what that line is.
Generation changes are when birth rates show a shift in increasing or decreasing. Usually this is in line with the national economy. Because of globalisation, we tend to see large groups of nations have birth rates shift within several years of each other as their economies are quite intertwined and do the same things. And that's also why people always argue about what year a new generation started. It is different for each country.
Outside of (mostly) economical context, they have little purpose in discussion. And even then, they're more used to refer to an era of economical positive or negative in households, which was reflected in birth rates.
90% of the time people use them in everyday conversation, it's "old" and "new", which can be easily said without mention of generations since that's how society has always been as time goes on.
I feel like by most commonly used definitions I would be. About half my income (before taxes) goes into savings, my position is considered management, I make between 75%-200% of median national income, I have a graduate degree.
I don't make half that rate though.
Not sure I think middle class is a useful method of classification though, but still curious why that specific number.
Middle class wages, adjusted, start at $83.17/hr. If you're making less than that and call yourself middle class you're only fooling yourself. There's a reason you're not told what that line is.
The “middle class” is a myth man.
"Middle class" was a (very successful) psyops campaign to get people to stop thinking in terms of 'working class' vs 'owning class'
Yes, I too have read books by Michael Parenti lol
That was more for the sake of other commenters/readers, I figured you knew :P
Never assume I know anything. I’m famously stupid.
Agreed, as are generational lines like millennial or zoomer. But it's still used for now.
They exist but are used out of context.
Generation changes are when birth rates show a shift in increasing or decreasing. Usually this is in line with the national economy. Because of globalisation, we tend to see large groups of nations have birth rates shift within several years of each other as their economies are quite intertwined and do the same things. And that's also why people always argue about what year a new generation started. It is different for each country.
Outside of (mostly) economical context, they have little purpose in discussion. And even then, they're more used to refer to an era of economical positive or negative in households, which was reflected in birth rates.
90% of the time people use them in everyday conversation, it's "old" and "new", which can be easily said without mention of generations since that's how society has always been as time goes on.
Based on which definition?
I feel like by most commonly used definitions I would be. About half my income (before taxes) goes into savings, my position is considered management, I make between 75%-200% of median national income, I have a graduate degree.
I don't make half that rate though.
Not sure I think middle class is a useful method of classification though, but still curious why that specific number.
It's area dependent, I just picked one that wasn't too high or too low.
https://www.pewresearch.org/short-reads/2020/07/23/are-you-in-the-american-middle-class/
Picked my area and 29K puts you in the middle class, which is like $13/hr, and its pretty close to the national average for COL.
Based on a date you don't tell us
Did you miss the whole first sentence somehow?