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Middle-Class Should Do Well In 2026. The Poor, Not So Much
Good news for the middle-class in America.
Statements like that should always be accompanied by a b
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“The decor’s fun”
The artist who painted that mural is amazing. I’m assuming that’s original art and not just a repro of a Degas or something. I bet they’re available for hire if you wanted to suppor the arts/do something ridiculous. The Tweedle Dee & Dum statues are the perfect cherry on top.
Patagonia is its own category. A decade or two ago, it was the part of the Silicon Valley uniform, and to this day is used to virtue signal amongst the upper-middle and the lower-upper (I mean, that’s why I wear it). “Our only shareholder is Earth,” and whatnot. I can’t speak to what Land’s End or On sneakers signifies (I’m a Hoku man myself). My parents bought me a Land’s End parka in 1995 that I still wear today, so if the signal is “Very warm and very durable canvas,” then I’m onboard.
I did some internet sleuthing. It’s a Degas.
Yes. Our H seems to have a “thing” for ballerinas.
The original is in musée d’orsay
The middle class (from which I came) is virtually gutted. That isn’t even what young should be aspiring for. The distinction now should be the “investor class” vs. “work until you die class “.
You have a lot to toast to. Pretty amazing journey.
Just finished reading The Cruise of the Snark and John Barleycorn because Jack London is one of my favorite fiction writers and I wanted to get a better understanding of where he was coming from. Turns out it was even darker than I expected.
I’m still waiting for your autobiography. You better write it before it is too late.
You look taller than I expected.
You trying to hold my hand, Chuck? You sly dog.
H-Man, you have been, and are a connoisseur of the low country.
The more temporarily embarrassed millionaires the better. And I think there’s gonna be a lot more temporarily embarrassed millionaires in the future than there are now.
I’m sure there is a lot of work behind GS’ forecast, but without seeing it, the conclusion is non-intuitive for me.
I can see that certain occupations and locations are likely to have higher income growth and/or lower expense growth. Maybe when you roll that up, the result is that the $70-95K cohort happens to come out on top. But for any given household, the fact that they are in that cohort seems unlikely to be a significant factor in their 2026 fate.