She is a Lion. There is no middle class anymore. The upper-middle class has diminished to becoming lower-middle class.
The medium-middle class no longer exists; therefore, you are either lower-middle class (which is approximately 1% below poverty rate), welfare recipients (who are the coming denominator for the entire, middle class,”, and you have the Upper Class which is comprised of either aristocrats or their offspring.
The new, upper class does not earn money via producing a product or providing a service anymore. Their money is not earned income, but capital gains, which are compounding interest payments garnered from stored, uncirculated currency. The amount the upper class spends is calculated to be less than those interest payments, therefore, they never spend the principal; and since the interest is compounded, the principal grows of it’s mere existence, without reinvesting or diversifying. Big chunks of money just sit there to collect interest, and remain uncirculated. In other words, the offspring who is spending the money is not earning it; that money comes from the clouds, into their pockets, and; to collect it, all they have to do is wake up in the morning!
The Lower Class, to collect money, the need to work to earn it. Waking up is the easy part for the blue-collar worker. Collecting the money which belongs to them always seems to be the hard part.
Waking up for a Trust Fund Baby is the easy part, too; but paying the people who work for them seems to be the hard part for them, as well!
It’s called a, “Trust Fund,” it the above is the reason why your paycheck (on a monthly basis,) is approximately $2,600.00 LESS than you need to save, get ahead and live a better quality life.
It is not a mistake. There is a reason why the Federal Reserve is going to have to start paddling their canoe in the next four years; and what I just stated above is only part of the reason why!
Semper Fidelis!