About one in three Americans making six-figure salaries are worried about paying their bills, according to a new survey from the Federal Reserve Bank of Philadelphia.
Hmm... there's a big difference struggling to make ends meat and > A significant share of wealthier Americans are coping with financial pressure by cutting spending, including dialing back restaurant visits and entertainment.
That's not struggling, it's being irresponsible. I make over 6 figures and live in Southern California, and my only hard ships are self induced... motorcycles, motorcycle parts (I don't need three motorcycles), gun parts, car parts, going out to eat, driving an old truck, new tools and beers ain't buying themselves.
You cannot make me sympathetic for the wealthy with stupid headlines.
Ladies, Gentlemen and everyone in between and outside of:
If you require/have a salary meaning you receive a paycheck you are not wealthy. The people who have100's of millions, if not billions, do not receive a paycheck unless it's for Pomp and Circumstance, and even at that amount who the fuck would bother.
There is no middle class, and there never has been.
They struggle to make ends meet during periods of economic downturn because 1) they are "wealthy", but not "filthy fuckin' rich", and 2) they live almost beyond their means and...when they have to "cut" back...it involves downsizing the Beamer 7 Series to a Volvo S90 and spending two weeks in Hawaii on vacation instead of a month in Europe.
For most of the working class who are well off enough to be able to afford a roof and know where our next meal is coming from, they are one bad month away from couch surfing.
To the "wealthy" in this scenario, I say to you tighten up those bootstraps...quit eating avocado toast and all that.
To the "filthy fuckin' rich", I say this: Guillotines exist for a reason.