1. The middle class does not earn minimum wage- as they could not be part of the middle class.
2. Inflation is squeezing the middle class and it to shall pass- and it may take a year or two for the supply chain to clear- caused by the disruptions from the pandemic and the war in the Ukraine.
3. Taking a longer view (50 years) the middle class has shrunk because they have migrated to the upper class (PEW Research).
4. Looking through the long lens of history- these are the best of times (pre-pandemic).
1. The middle class does not earn minimum wage- as they could not be part of the middle class.
2. Inflation is squeezing the middle class and it to shall pass- and it may take a year or two for the supply chain to clear- caused by the disruptions from the pandemic and the war in the Ukraine.
3. Taking a longer view (50 years) the middle class has shrunk because they have migrated to the upper class (PEW Research).
4. Looking through the long lens of history- these are the best of times (pre-pandemic).