It’s kinda cute when journalists use quaint terms like “6 figures” that made sense in the 90s but are now almost meaningless. $100k today is equivalent to only $73k just ten years ago. About half in 2000 dollars. Six figures isn’t anything near wealthy anymore, especially in high COL areas.
Taxes and rent and childcare will squeeze anyone earning low 6-figures. A significant portion of them don’t even count as middle class anymore. Their main sources of property (a house and college degree) no longer confer them a huge advantage (mortgages, degree dilution, student debt).
I believe that computer scientists and such people cam become huge masses of radicalised workers under the right circumstances. They are educated, being dispossessed and computer science offers elegant solutions for planning an economy.
It’s kinda cute when journalists use quaint terms like “6 figures” that made sense in the 90s but are now almost meaningless. $100k today is equivalent to only $73k just ten years ago. About half in 2000 dollars. Six figures isn’t anything near wealthy anymore, especially in high COL areas.
Taxes and rent and childcare will squeeze anyone earning low 6-figures. A significant portion of them don’t even count as middle class anymore. Their main sources of property (a house and college degree) no longer confer them a huge advantage (mortgages, degree dilution, student debt).
I believe that computer scientists and such people cam become huge masses of radicalised workers under the right circumstances. They are educated, being dispossessed and computer science offers elegant solutions for planning an economy.