Before Reagan was elected, middle class was defined as one income supporting a family of four. In those days $1 million was still considered a vast fortune. By the time Bush Sr. was voted out, middle class had been redefined as two incomes to run the house, and $1 million was what a rich guy paid for a party.
Dagwood222@lemm.ee 1 year ago
This is the best way I can put it.
Before Reagan was elected, middle class was defined as one income supporting a family of four. In those days $1 million was still considered a vast fortune. By the time Bush Sr. was voted out, middle class had been redefined as two incomes to run the house, and $1 million was what a rich guy paid for a party.