Comment 2 Days to come up with that reply? (Score 1) 187
I am still waiting for more than empty claims from you.
But all you can muster is to say I am dumb two days later?
You called the article a lie multiple times, very emotionally, yet provide nothing but "you are to dumb to understand".
Here I will help you:
1. A Misleading Definition of "Upper Middle Class"
The most glaring vulnerability in the article is its baseline: categorizing a household income of $133,000 for a family of three as "upper middle class."
Failure to Account for Geography: A flat $133,000 national benchmark ignores the drastic disparities in the Cost of Living (COL). While that salary might afford a comfortable, upper-middle-class lifestyle in rural areas or parts of the Midwest, it does not stretch nearly as far in major metropolitan areas (where the majority of these high-earning jobs are actually located).
The Squeeze on $133k: Many families earning near the $130,000–$150,000 threshold today report feeling distinctly "working class" or standard middle class. They are often renting, driving older vehicles, and struggling to afford child care. Lumping them into the same bracket as households making $400,000 distorts the reality of their financial security.
2. Confusing Income with Wealth
The WSJ article focuses heavily on income, but high income does not automatically translate into wealth or class security.
The Timing of Assets: A family making $130,000 who bought a home prior to the 2020s and locked in a 3% mortgage rate is in a vastly different financial position than a younger family making the exact same income trying to buy their first home today.
The Reality of Debt: The article downplays how much of this new "upper middle class" income is immediately swallowed by structural debts, particularly student loans required to get the credentials for these higher-paying jobs.
3. Flawed Benchmarks and the "Cheap Goods" Illusion
The article points out that modern families can easily absorb costs that used to be catastrophic (e.g., a $1,000 car repair) and can afford more luxuries. However, this relies on a flawed historical comparison.
The Changing Poverty Line: Calculations that place these families "far above the poverty line" rely on a federal poverty metric established in the 1960s, which was heavily weighted on the cost of food. Today, food takes up a much smaller percentage of a family's budget (dropping from ~30% to ~6%), while housing, healthcare, and education have skyrocketed.
Material vs. Positional Goods: It is true that material goods (televisions, smartphones, clothing, cheap travel) are far more accessible today due to globalization and automation. However, positional goods—the true markers of the upper middle class, such as desirable real estate, good school districts, and high-quality healthcare—have become exponentially more expensive. Affording a flat-screen TV is not a valid indicator of upper-middle-class status if the family cannot afford a down payment on a home.
4. The "Hollowing Out" of the Middle Class is Not Purely Positive
The WSJ spins the shrinking of the traditional middle class as a triumph of upward mobility. However, economists and sociologists warn of the negative consequences of this "hollowing out."
Opportunity Hoarding: As outlined by scholars like Richard Reeves in Dream Hoarders, a swelling upper middle class can actually stall broader societal mobility. This demographic has the capital to dominate the most desirable housing markets and school districts, effectively locking out those in the lower rungs.
A Widening Gap: While some Americans are moving up, the distance between the remaining working/lower-middle class and the upper-middle class is widening. This creates a deeply polarized, two-tiered economy rather than a cohesive society where upward mobility feels attainable to the average worker.
Summary: The WSJ article correctly identifies that more Americans are earning higher nominal salaries. However, by using an artificially low income threshold and ignoring the explosive costs of housing and education, the article paints a rosy picture of "upper-middle-class" prosperity that simply does not align with the material reality or purchasing power of millions of American families.