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The LOOPcast
How the Middle Class Was Quietly Wiped Out | The Deep
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Why do middle-class Americans feel poor in the “best economy ever?" From $140K poverty lines to the death of the middle class, we dig into the K-shaped economy. If you’ve ever wondered why the American Dream feels out of reach, this episode of The Deep is for you!
Timestamps:
0:00 - Intro: Is the middle class disappearing?
4:54 - What gets missed in the poverty line calculation
7:47 - Critics respond: “But Americans have never had it better!”
10:08 - The mandatory participations fees of modern society
11:42 - The American dream is broken
17:31 - Conclusion: So what should you do?
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