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Comment by bluetomcat | Hacker News Reader

I don't know what the author of the article is drinking. Me and most of my relatives are in a significantly worse financial position since 2020. Wage growth has hardly matched the wild pace of inflation. Saving money is much harder. Decent jobs are hard to come by. It feels like an erosion of the middle class.

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Your experiences are anecdotal but may not be the average... the relative number of people in homelessness has reduced from the 90's to today, that is certainly good.. (It has had a slight peak recently post pandemic).

Purchasing power has climbed, hunger has reduced, I think all of these are important metrics to consider...

I think people are much more polarized and that social media has brought out terrible polarity, but it doesnt necessarily mean the average person is not living better than 30 yrs ago.

Well the op did state the problem being the middle class though.

Stating this because supposedly, the middle class is not homeless or starving

The author does point out that there was significant wealth inequality in the 1920s.

> I don't know what the author of the article is drinking

I think that's a bit harsh. The author runs a successful podcast, for a number of years now. I value his opinion, he usually backs up his opinion with numbers. I do sympathize with you, in the sense that I'm also earning less than I used to.

The data disagrees with you. Tech isnt doing well post pandemic but average real wages are up and most people report being in a better financial position than they were pre covid.

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