40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
fortune.com
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
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To anyone struggling in the USA and wondering how to possibly get out, just live like Congress and become rich. Then, money problems are way easier to handle. If you have as much money as a Congressman, you will be equally as unconcerned with them as to the state of our union and you will be able to say things are great with a straight face.
Not even.
All you really need is wealthy parents. That way you never have to have any debt and get exploited by the credit system and can live your life glib and clueless and wondering why other people are so lazy and poor and didn't work hard like you.
Exactly, just do a lot of insider trading and live the good life.
Hard part is being rich first. New money goes to jail before old money
Congress members don't make enough to be rich without taking bribes. They make $174k/year in 2024, which is equivalent to $75k/year in 1990. The only wages that haven't dropped due to inflation are CEO and other C-suites.
That's why so many of them take bribes :)
And some are rich because of government money through contracts or handouts.
That's why you can't just look at their salary, the real money is in lobbyists and stock market betting prior to rolling out industry wide changes.
But then again they have no health care costs whatsoever.
I dunno. Congressional salary really is still in the rage of "Middle Class", though definitely at the higher end of that. These people were wealthy or connected, for the most part, before getting into office. People who are barely getting by don't quit their jobs for political campaigns.
I should have been more specific. Let's talk salary + perks. (official and unofficial)