this post was submitted on 18 Feb 2025
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Cyberstuck
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A 100k auto loan with 20k down financed for 84 months is $1,1167/mo.
It isn't an intelligent purchase, but it is very much in the budget for a professional working class person.
Guess we would need to agree on what "working class" means.
People who earn their living primarily from working and earning a paycheck.
As opposed to the capital class, who earn their living primarily from interest on their invested capital.
So brain surgeons are working class, not upper class? Because they make half a million on salary?
Yes, brain surgeons are working class. They earn a lot because they actually produce a lot of value. If you suffer from a brain disease, getting surgery to fix it is probably one of the most valuable things you can get (depending on the severity, it will be the most valuable thing). Additionally, it requires a lot of skill.