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How the Middle Class Was Quietly Wiped Out | The Deep

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Manage episode 523803139 series 3392505
Content provided by CatholicVote. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CatholicVote or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get everything you need for your traditional home blessing — including the St. Benedict Medal, Holy Water Bottle, and more — from our friends at Holy Heroes today! https://bit.ly/TheDeep_HolyHeroesHB
Why do middle-class Americans feel poor in the “best economy ever?" From $140K poverty lines to the death of the middle class, we dig into the K-shaped economy. If you’ve ever wondered why the American Dream feels out of reach, this episode of The Deep is for you!
Timestamps:
0:00 - Intro: Is the middle class disappearing?
4:54 - What gets missed in the poverty line calculation
7:47 - Critics respond: “But Americans have never had it better!”
10:08 - The mandatory participations fees of modern society
11:42 - The American dream is broken
17:31 - Conclusion: So what should you do?

Subscribe to the LOOPcast on YouTube: https://www.youtube.com/@theLOOPcast

  continue reading

419 episodes

Artwork
iconShare
 
Manage episode 523803139 series 3392505
Content provided by CatholicVote. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CatholicVote or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Get everything you need for your traditional home blessing — including the St. Benedict Medal, Holy Water Bottle, and more — from our friends at Holy Heroes today! https://bit.ly/TheDeep_HolyHeroesHB
Why do middle-class Americans feel poor in the “best economy ever?" From $140K poverty lines to the death of the middle class, we dig into the K-shaped economy. If you’ve ever wondered why the American Dream feels out of reach, this episode of The Deep is for you!
Timestamps:
0:00 - Intro: Is the middle class disappearing?
4:54 - What gets missed in the poverty line calculation
7:47 - Critics respond: “But Americans have never had it better!”
10:08 - The mandatory participations fees of modern society
11:42 - The American dream is broken
17:31 - Conclusion: So what should you do?

Subscribe to the LOOPcast on YouTube: https://www.youtube.com/@theLOOPcast

  continue reading

419 episodes

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