The issue I'm not sure younger people realize is that the expectations of a middle class lifestyle are higher than ever. These days, even poor people have thousand dollar phones, big screen TV and A/C.
I'm not sure that in the history of the world, poor people have ever been so fat, pampered and coddled.
Back in Jan I was in Phoenix for work.
Waked under the freeway underpass one day to grab a bite to eat.
There are plenty of dirty homeless there, many with an iPhone begging for food outside of restaurants. One literally had a needle in their arm while playing on their phone.
