Sunday, October 22, 2006
The outraged middle class
Why is the middle class so "outraged"?
This is supposed to be a big issue in November '06 and the '08 elections too.
I liked how this article spelled out the basics: we're all better off than our parents and grandparents, and our kids are certainly indulged more than we ourselves ever were; there is tremendous jealousy created by a greater disparity between the classes, fueled by an overactive media; an increasing sense of entitlement based on a certain level of education or profession attained (I worked hard and I deserve it!, even if I can't objectively afford it); and the diminishing ability of each successive generation to defer gratification.
This is supposed to be a big issue in November '06 and the '08 elections too.
I liked how this article spelled out the basics: we're all better off than our parents and grandparents, and our kids are certainly indulged more than we ourselves ever were; there is tremendous jealousy created by a greater disparity between the classes, fueled by an overactive media; an increasing sense of entitlement based on a certain level of education or profession attained (I worked hard and I deserve it!, even if I can't objectively afford it); and the diminishing ability of each successive generation to defer gratification.