They also feel like they’re about to lose everything. This constant anxiety is extremely stressful and makes people feel poor and unfree. Telling them, as some idiots on the right do, that they are “rich as a 19th century aristo” is stupid.
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Westerners are most certainly poor by any meaningful standard. They can hardly own assets (land, housing, etc) necessary for a functionally independent existence. Rearing children has become too cost-prohibitive. Socioeconomic mobility is a fraction of what it used to be.
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