Middle Class America Figment of A Cruel Imagination | EP1

Описание: In the first episode of "Al's Blue Notes & Redlines," host Albert Copland discusses the economic landscape in the United States which has undergone significant shifts over the decades. These changes have led to a widening disparity in wealth distribution across various income brackets. This has resulted in the erosion of the traditional middle class, which was once a cornerstone of the nation's economic stability. Consequently, the financial security and opportunities available to many Americans have diminished.

#economy #middleclassfamily #unitedstates #podcast

Time Codes:
00:00— Intro discussion on Middle Class in America
00:22— Middle Class is shrinking
00:46— Middle Class in 1956 vs Middle Class in 2025
01:24— Home Ownership in 1956
02:07— Salary devalues in the U.S.
02:24— $25,000 salary in 1956 equals $300,000 in 2025
03:30— What could Middle Class afford in 1956
04:53— Do workers still receive pension in 2025
06:08— What does it mean to Middle Class
06:42 — Over 100 million Americans make less than $100,000
09:00— Government eliminates Federal Food Program
09:47— Working in the U.S. vs Working in Europe
11:29— Soldiers, National Guard deployed to tackle crime in Washington, California
12:40— Outro