You Won't Believe What's Happening to the MIDDLE CLASS in 2025 | Wallstreet Trapper
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 β’ 2K Ratings
ποΈ 27 October 2024
β±οΈ 11 minutes
ποΈ Recording | iTunes | RSS
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| 0:00.0 | it's getting harder to get in the middle class. |
| 0:02.2 | And I'm not going to say, I'm not the person to be, you know, |
| 0:05.5 | say that the middle class don't exist because it does. |
| 0:08.7 | Right, when you look at it, there's an upper echelon, |
| 0:12.4 | there's like ultra wealthy, and then there's the wealthy, and then there's the |
| 0:17.0 | like the rich, then there's the middle class, |
| 0:23.3 | then there's the poor, and then I found out |
| 0:25.0 | that there's actually a bottom poverty, |
| 0:30.1 | below poverty level. |
| 0:32.3 | So the average weekly cost to send an infant to daycare in 2016 was |
| 0:36.1 | $211. Now it's $321. And I know this is not a lie because I was paying about in 2019 when my daughter was born. |
| 0:46.4 | Matter fact, when my daughter was born in 2016, she was nine months old and we started putting her in |
| 0:52.1 | daycare. It was costing me like |
| 0:53.8 | 250 a week. And then by time, I was paying it up until she got to |
| 1:00.5 | pre-K or something like that. I think we had got to like 275. |
| 1:05.0 | You know what I'm saying? |
| 1:05.7 | So I saw that price going up and I wasn't, I wasn't mad at it. |
| 1:09.0 | I was like, oh, because I understood economics, |
| 1:11.9 | that pandemic had hit. I was like, like ooh my daughter had got to school I was like I'm glad |
| 1:16.1 | And I really when my daughter got to school I was like man I'm glad she's not going to inertia no more |
| 1:20.6 | But I wound up putting in a school called Newman in New Orleans and that was |
| 1:23.4 | 30,000 dollars. I said why have I paying 30,000 for first grade all they're doing is |
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