@[email protected] has moved on Nostr: There are many reasons the (formally) middle class might not regard themselves as ...

There are many reasons the (formally) middle class might not regard themselves as rich, but the media's obsession with celebrity & the 'rich & famous' likely plays a role:

having moved the public benchmark of richness far rom normal levels of being 'comfortably' well-off, the media have convinced vast numbers of the relatively rich to consider themselves not rich at all... with all sorts of impact on their view of tax & other policies!

#wealth #politics #inequality

h/t Sam Salama/LinkedIn