The article discusses how garages in lower-middle class households often become storage for unused fitness equipment, unopened gadgets, renovation leftovers, old furniture, broken items, sentimental keepsakes, and unsold items, reflecting financial constraints, emotional attachments, and limited space, while emphasizing that this clutter is a sign of hope and survival rather than laziness, and encouraging recognition and change.
A study in the journal Health Affairs reveals a widening financial gap between the lower and upper middle classes among Americans nearing retirement age. The lower middle class has seen a decline in homeownership, earnings, and financial resources, while facing more chronic health conditions and a smaller increase in life expectancy compared to the upper middle class. The study suggests that the disparity could lead to insecure retirements and highlights the need for policy measures to support financial stability for lower earners and those in physically demanding jobs.
