When Ronald Reagan took office, ‘middle class’ was defined as one Union salary job supporting a family of four, and $1 million was considered a vast fortune.
By the end of Bush Sr’s term, ‘middle class’ was two jobs to keep the family going, and $1 million was what a rich guy paid for a party.
But how many super yatchs were there in the seventies?
Checkmate workers
That’s another thing I always mention.
When Ronald Reagan took office, ‘middle class’ was defined as one Union salary job supporting a family of four, and $1 million was considered a vast fortune.
By the end of Bush Sr’s term, ‘middle class’ was two jobs to keep the family going, and $1 million was what a rich guy paid for a party.