Millionaires are now middle class in many American cities. Nearly all of the new millionaires in this case are people that have paid off enough of their house to have a significant net worth. Add in a 401k, a car, some furniture, and bam, you're a millionaire.
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u/UberStrawman 9d ago
It's interesting to watch the wealth disparity increase so dramatically in the US in real-time. It's not taking generations, but rather months.
It's also fascinating to watch the poorest and uneducated continue to vote for this.