America Is Forcing Out Its Middle Class… Forever

America has two simultaneous problems - record homelessness, and record high rents. Plus groceries are still as expensive as ever and it seems like things just get harder and harder for average Americans…. why is that?
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[@devilslayerthesaintofkille1317]

That's what happens when you have corrupt politicians and greedy corporations running the country.

[@sarawilliam696]

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

[@kortyEdna825]

For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

[@user-ns1sv9ux6y]

I've known a lot of people who have been homeless for various times for different reasons, usually health issues. My former neighbor had two jobs. Was paying his rent. Seemed like a nice man. Then got a kidney transplant. His body rejected the new kidney and the medications. He lost his job, then the apartment. He was found dead in his pickup parked at a local park. Stories like that are common. Our country has NO safety net for the disabled who have no family or to take then in.

[@brianbachmeier34]

“No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine.”

[@tinabraxton4906]

The wealth class no longer needs a middle class or a prosperous working class. Automation, offshoring, and cannibalizing companies for cash have eliminated most good jobs.

[@thekangaroo42]

The last time I applied for jobs, less than 10% even responded. Half of the ones who did respond were instant rejections, and the other half were all 4 rounds of interviews, with 1 company having an interview last AN ENTIRE 8 HOUR DAY. All this for 60k as an engineer. Even after the interviews, the projects, and the day long interview, they rejected me. The social contract is broken. You can't afford a house, or a family. It's getting to the point where many can't afford food. Times are going to get violent.

[@w0lfdog]

you’re absolutely right the economy has gone to shit and it’s not just america!!

[@Mad_Martigen]

"It's called the American dream because you have to be asleep to believe it." - George Carlin

[@hera7884]

I lost my job a year ago, I’ve applied to hundreds of jobs and only 1 has interviewed me, it was to pick up recycling for a college. You know what they told me? They had more qualified people apply, to pick up trash…

[@tylersoto162]

Self checkouts at major retailers will now be subscription based, having you pay to use a self checkout. Fast food restaurants will introduce dynamic pricing, making food cost more when it's busy. 45% of major companies announced they would eliminate a bachelors as a minimum requirement. Making a bachelors degree useless, making pay less for bachelors level positions and creating even more competition and difficulty to work. The entire world is feeling this pressure. Conflicts are erupting at faster rates, and I hate to say this, but I do sincerely feel a major global shift will happen that will change the very ways we live our lives. We have all been conditioned to protest and take action for things like abortion policies ect. Yet here we see a major crisis that affects everyone and we do nothing about it...

[@Save_the_Stick_Shifts]

Corporations owning thousands of homes happened... Real estate agents doing the whole "bid more" schtick... Congress needs to ban/limit corporate ownership of residential properties or tax the hell out of it.

[@Geo_Storm]

We living in a Great Depression it’s just not being televised 🤫

[@interstate80.]

This is not a republican or democrat problem, this is a greed problem that both parties are guilty of. News sources want you to think it’s one party’s fault. If you watch it, they both basically say the same things about one another. We need to start holding these big companies accountable and we need to elect officials who aren’t rich bastards. This will change eventually one way or another.

[@KC-rt4hp]

The home my spouse and I bought 14 years ago has more than doubled in price. We would never be able to afford what we have now. It's insane.

[@user-vk3pi8lw2k]

I used to rent a 2 bedroom house with basment and garage for 750$ plus all bills. Now a one bedroom goes for 2200 plus all bills

[@returningtoperfection]

Notice how they say "unhoused" and not HOMELESS?

[@bobbyschannel349]

The middle class is officially gone now, as a 50-year-old man, I've been hearing that the middle class is shrinking, and the richest getting richer and the poor is getting poorer since I was a young man....

[@davidknightx]

There never was a middle class. There's always been only three classes: worker (slave), capitalist (owner), and poverty (homeless).

[@mbcrandell7766]

That is precisely why I have a trunk load of camping gear and supplies. My rent goes up poop. I’m out the door and I’m 71.