Too many politicians these days refer to 'working families' as if those who earn more and pay tons of taxes don't work.
I'm consistently befuddled by a growing narrative used by many politicians, on all sides, who claim to represent 'working families'. The implication is that those struggling to get by are working, while those who are not struggling are not working? That's outrageous. And false. I know extremely wealthy people who earn lots, who work extremely hard, often seven days per week. I also know many working families who don't earn a fortune, but are barely earning enough to pay for their lifestyle, albeit far removed from the plight of those struggling to exist.
All people who work should be treated with respect and consideration. Rapidly rising costs impact almost everyone, and while it's difficult to have sympathy for the plight of the wealthy, cost-wise, Luxe-flation has eroded their buying power quite considerably too. Those in between are often forgotten, ignored or abused and pay for lots of the nonsensical laws and policies used to placate the extremes on all sides.
'Working family' is a term used to describe those reliant on an income to live and survive. That is the vast majority of Americans at all income levels, around 66%. Yes, there is a tiny minority (3% or less) that earn exclusively via investment income and savings, most are much, much older, after decades of investing and saving with the impact of compounding interest. 27-30% of Americans are retired and do not rely on work income. They are not lesser or to be ridiculed, scape-goated or punished.
Ken interprets market data, staying in constant communication and offering valuable insight that then translates into an informed decision.
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