How the system is rigged against even the high earners

People who lie about stuff with statistics call it:
ALICE.
Asset Limited, Income Constrained, Employed.

ALICE (Asset Limited, Income Constrained, Employed) represents households earning above the Federal Poverty Level but less than the cost of living (housing, food, childcare, healthcare, technology). These working families, often called the "missing middle," frequently earn too much for public assistance but cannot afford basic necessities.

The System isn't rigged against those people, those people are rigged against those people.
They confuse "Basic Necessities" with luxury items.
Assets: CARS are not 'assets.' Neither is ANYTHING ELSE you have to make payments on except maybe for a house and a retirement fund. You may 'have to' make car payments a few times in your youth but if you're still doing it in your 50's?
YOU'RE DOING IT WRONG!
You can buy a burner phone for $50 - trust me. I know of a bunch of kids in my daughter's school that have them because they're 'grounded' from their parent-provided $100 a month i-phone.
Assets become Limited when you use your Income to provide for other people's Assets.

Income: The best, and for most of us the ONLY way to build wealth is through income - but most people who become "income constrained" do so because they are unwilling to change the circumstances that constrain their income.
Many of my co-workers are struggling to pay for their children's education. One of my friends instead offered to set his son up in an independent HVAC business if he completed a programme at our local JUCO.
That kid (still in his early 20s) is already knocking down six figures, and knows the REAL SYSTEM and has the ability to retire wealthy in his 50's Another friend's son graduated high school and moved to a city where they build ships for the USN. He's on a fast track to middle level management and already into some fairly high income.
Another one 'makes the polar bears cry' by working in a refinery - starting out on the unloading docks.

The "system" has not changed very much at all over the last 2,000 years, and one of its better examples still applies right here in the Land of the Free!
Or?
If you're in the Hate America First crowd - look to Asia. Different systema maybe but they DO REWARD hard work and a little perseverance.

ALICE has one Truth:
EMPLOYED.

Disclosure:
I didn't watch the above YooTube video because I absolutely DO NOT want it in my 'history.'

 

The system (tax code, pacs, congressional grifters) is and always has been rigged for the wealthy, but you have to keep enough people happy to prevent revolution.
Are we reaching a tipping point, idk, and neither does anyone else

 

Yes... It's finally time! Gas prices are the tipping point and Israel is bat sh*t crazy and the US president is too stupid to have more control over the situation than an Israel who thinks they need to destroy as many of their neighbors as possible while the US is effectively leaderless.

I remember selling candy bars for little league baseball to people waiting in the long gas lines in the '70's as the US President was clearly a doomed leader of the country for failing to get ahead of the energy crisis.

Here we are a 1/2 century later and same thing is happening. Except this time instead of selling candy bars for Little League I'm going to sell spare Prius.

 

Funny how knowing the truth of how the Americas were stolen by way of genocide and the economy was built on a foundation of slavery isn't actually a truth to you flag waivers, but just "opinions" of people who "hate america." Lol... You have the mindset of a 5 year old who doesn't understand long term consequences of behaving badly.

 

Did you sell candy bars in 2022?

 

Didn't those "Peak Oil" books predict that we would've pumped the well dry by around 2010??

 

that was before Toyota invented Prius