Reply to Upper middle class people- why don’t you want your kids to live a life of leisure?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I grew up lower middle class.   Poor at times when I was very young.   Things got better when my father got his college degree at age 40.

While I don't want my son to have to work super-hard, the reality is it's much easier to find a professional job that has health insurance and retirement options than something like a blue collar job or something in the gig economy.  And to me, having health care coverage and retirement are the two ways to build and protect accumulated wealth.   There are blue collar workers living the same life as me.   Some with better houses and cars.   But without the safety net, they risk losing much more than I do.

Having said that, I am accumulating wealth and I do plan to give as much of it as possible to my son so he doesn't have to work so hard.  He'd love to be something like a paramedic (good choice, has both those safety nets) or mechanic (depends where he works).

This is why we should all focus on rebuilding the middle class.  [b]We focus too much on increasing safety nets for the poor [/b]and even further enriching the wealthy.   And the middle class seems forgotten.   To me, that's like cutting the middle rungs out of the ladder out of poverty.   :(   My family certainly depended on a robust middle class economy with all its opportunities.  [/quote]

You can't be serious. The middle class is truly the most delusional of them all. [/quote]

if you read the rest of what they wrote, they're right. Healthy countries need a robust middle class (not 300k hhi UMC, actual middle class). Moving to an economy with in increasingly large  LMC at the expense of previously solid middle class jobs and an increasingly better compensated UMC (but not necessarily larger) and UC is not a good sign if you want a functioning society  [/quote]

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