this post was submitted on 11 Jul 2023
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Canada

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Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[โ€“] [email protected] 2 points 2 years ago (1 children)

people donโ€™t want to spend their money on starting businesses

I'd love to. Unfortunately if I quit my day job we'll lose the house in six months.

[โ€“] [email protected] -3 points 2 years ago* (last edited 2 years ago)

Unfortunately if I quit my day job

No need to quit. Middle class implies that you have both a day job and a business. Those who can ride on the proceeds of business alone are the upper class. While I am sure that is the dream, you have to start somewhere. It seems you are echoing that nobody wants to be middle class anymore.

And, really, I'm not sure middle class was ever much of an ideal. It was the outcome of us moving away from the time when most owned farms, with many of them starting to fail as we moved into the industrialization era, and their owners having to pick up jobs off the farm to stay afloat.