Monday, August 26, 2013

The Plight Of The Not Quite Rich Enough

The New York Times does this feature regularly, so its novelization makes sense.
“One of the things I’m interested in is how even during times of upswing and prosperity, the income gap can be insurmountable. That gap divides New York City (and plenty of other urban areas) not merely into the haves and have-nots, but into the haves and the almost-haves—divides the super-rich from the middle and upper-middle class. “Many of these almost haves, like Nate and Emily, never thought they’d end up on the wrong side of that financial line. I see it now in my city friends who’ve reached their late-30s and early 40s—they’re successful in their fields, but no matter how well they do, they’ll never be able to catch up to the college pals who are buying multi-million-dollar lofts and sprawling beach houses. It’s too late to break out of the middle.”