It really is. This, plus the creation of a large homeowner class, is the most effective thing America has ever done against socialism in the US. Absolutely destroyed class solidarity by fabricating a new “middle class” that somehow everyone is part of. Tying the majority of the population’s life to the imaginary line will make a lot of people fight and die to protect line go up.
Even if you have some minor investment in the stock market, you might still be working class…
Tying retirement to the stock market is insidious class warfare
It really is. This, plus the creation of a large homeowner class, is the most effective thing America has ever done against socialism in the US. Absolutely destroyed class solidarity by fabricating a new “middle class” that somehow everyone is part of. Tying the majority of the population’s life to the imaginary line will make a lot of people fight and die to protect line go up.
“Investment” is millions of dollars. Your paltry 500 hundred dollars in stock isn’t even a rounding error.
Thank you, that’s what I wanted to say. OP’s post doesn’t make this explicitly clear.
agreed, I’d phrase it as if your labour is the primary means of paying your bills