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- cross-posted to:
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60% can’t afford basic standard of living let alone home ownership
****Everywhere
Typical sanewashing of the complete collapse of the American middle class
What’s wild is I used to work local television news production. I saw how little the reporters and anchors got paid. It’s not like they are a completely out of touch class, almost all of them are facing the same kind of problems. That was nearly 20 years ago now, too. Things ain’t magically got better for a dead industry that keeps consolidating.
Did the story list every single American city, or was it a complete obfuscation of the facts on the ground?
Its been gone since the 80s if not before
If you track the average wealth of Americans it peaked around 1976 and went downhill from there
I think you might mean modal instead of median/average. The average keeps going up but it is skewed by the wealth at the top while the mode keeps dropping.
Uh, it slipped away like 25 years ago. Keep up, KTLA.
The KTLA news is more like a paid ad these days.