The American middle class is on the verge of collapse … financial pressure changes lifestyle

The middle class in the United States faces unprecedented transformations, which reflects deep lifestyle changes and the ability to adapt to accelerating economic conditions. In light of the escalation of anxiety among families due to the costs of living and the prices of basic services, this segment finds itself in front of daily challenges that put additional burdens on their ability to finance the future.

The summer of pessimism, according to a report by the Wall Street Journal, this summer was a summer to decline in confidence among Americans of the middle class. Consumer confidence decreased by 6 percent during August, after it recorded a rise in June and Toss, according to the Michigan University index. Pessimism increased regarding the labor market, as an increasing number of respondents expected their income to decrease, according to a survey conducted by the “Confinness Board”. After months of the increasing confidence of those with high income in the economy, families whose income ranged between 50 and 100 thousand dollars in a sudden shift in their position during June, to become closer to their mood to low -income people, according to the company “Morning Conselt”. The shrinkage of the middle class is an increase in the contraction of this segment. Executive heads in the sectors of restaurants, retail, fashion and aviation have confirmed that their middle -class customers suffer from growing financial distress, despite the continued high -spending owners. Joe Yarq, head of the global market department at Cedra Markets, sees that high inflation rates and interest rates raise housing costs to levels that consume a large part of the entry of individuals, which makes it difficult for many Securing a new residence. Added to this is the absence of job stability, with several companies lying to their employees, at a time when new job opportunities are declining, which exacerbates the pressure on this category. Among the most prominent challenges also the costs of health care, as the middle class no longer feels healthy with support programs, as well as rapid growth in debts associated with credit cards, which have become an additional burden due to high interest rates and fees accompanying them. On the shoulders of the wealthy, another report of the Washington Post, ”he indicated that the American economy increases in a small segment of giant companies and wealthy consumers. Those alone are able to withstand the pressure of customs duties, which increases the risk of shrinkage and leaves the middle class in a state of frustration and tension. Spending, compared to 36 percent three decades ago. These, who have an entry of 250 thousand dollars or more, live comfortable situations supported by strong gains in stock markets and high real estate prices, and continue spending on the events and lavish holidays, which hides the depth of the crisis in the middle class. It has witnessed a fundamental shift in recent years. After it was a symbol of economic stability, it has suffered from pressure to reduce spending and rearrange the priorities. Al -Idrisi indicates that inflation and price rise since the Koruna pandemic raised the cost of goods and services permanently, while the real wages remained unable to keep up with this increase. The cost of real estate loans and consumer loans increased. The wages are varying, in addition to the high costs of education and health care, deepened the feeling of families. An essential axis of understanding the national economy, as its financial situation reflects the society’s ability to adapt to crises. The category is steadfast and maintained its balance between aspirations and increased pressure.