General Discussion
In reply to the discussion: My story can be found on page 137 of 'How to Destroy the Middle Class' playbook .... [View all]Warpy
(114,753 posts)They went to the right school and grad school, studied hard, graduated with honors and went to work for the "right" corporation and were on the fast track to upper management. Then the corporation either got bought by a predatory outfit like Bain or it bit off more than it could chew in buying another outfit or the management was engaged in outright fraud like they were at Enron. 401Ks were frozen until after the executives had cashed out and the whole thing went tits up. Not only did their carefully planned retirements evaporate overnight, but their entire career path did as for some reason their skills weren't at the top of the resume page, their being associated with a massive failure was.
IOW, you've got a lot of company out there, people who did the right things and got shafted like poor people have been shafted for a long time. Upper middle class people have got to know they're as disposable as the homeless guys waiting outside Home Depot, hoping for a day of grunt work so they can afford another day of food and maybe even a clean pair of socks.
We are the 99%, all of us, whether we're making that McMansion salary or scraping by on a wait staff job. We can all be thrown out on the street like garbage and we know circumstances can keep us there.
I just hope the chill is finally creeping into the upper middle class consciousness. An economy that only works for billionaires is killing us all.