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'The Middle Class Is Dead': Social Media Users Claim $174K Per Year Is Not Doing Well — It's Just The Bare Minimum Needed To Survive

An Instagram reel by a man named Jim Garfield has racked up over 450,000 likes and offers an eye-opening look at how much the definition of the middle class has changed from 1983 to 2024. In the video, Garfield compares salaries, saying, “Making $30,000 a year in 1983 is equivalent to making $164,000 a year in 2023-2024. The middle class isn’t dying. The middle class is dead.” Don't Miss: Average retirement income in America has been revealed – Will you make enou...
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Source: yahoo.com

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