Best posts about this topicLoading . . .
This Washington Post article proposes a fascinating hypothesis: the middle class salary statistics that so many scrutinize do not factor in the opportunity cost of technology. So technically, the middle class earns more or at least lives better than we think. Maybe middle class salary doesn't factor in the benefits of technology, but there are also many more costs that the middle class needs to afford: college tuition as a higher education degree becomes more and more necessary to get a white collar job, bills that accompany costs of new technology, etc. We don't see people foregoing smartphones or Internet bills in order to save for college. Why? These technologies have become near-necessities now.
Contributed by Lucy Zhang