by New data suggest these high income earners are living paycheck to paycheck, have fewer assets, and can't retire. It seems that even the upper middle classes are suffering too. I can remember the managers at my old company working all the hours under the sun, because if they wanted to get anywhere they had to put the hours in. That's okay if you enjoy it, or work for yourself and you can see the long them benefits, but are a lot of middle management just under too much pressure? When they get home there are piles of letters to open and emails to check. And on Saturday they would spend hours doing more work for the company.They are trapped, as they have the ability to be good managers and don't want to stay on the shop floor, so they move up to get
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New data suggest these high income earners are living paycheck to paycheck, have fewer assets, and can't retire.
It seems that even the upper middle classes are suffering too. I can remember the managers at my old company working all the hours under the sun, because if they wanted to get anywhere they had to put the hours in. That's okay if you enjoy it, or work for yourself and you can see the long them benefits, but are a lot of middle management just under too much pressure? When they get home there are piles of letters to open and emails to check. And on Saturday they would spend hours doing more work for the company.
They are trapped, as they have the ability to be good managers and don't want to stay on the shop floor, so they move up to get a more interesting job, but end up having the life sucked out of them, just like everyone else. And as everyone else is on low money, they don't how they can get out of the rat race. Just go Buddhist and live in monastery.
This wasn't how it was back in the 70's, when some of the managers would even come down the pub with us at lunch time. Now, no one goes down the pub at lunchtime, it's have a quick lunch and get back on with it. And the kids at school get it in the neck too, when they are continuously tested and graded. But it doesn't matter, because the pharmaceutical industry has the 'happy pills' to mend everyone and get them back on the treadmill again. It's all a machine turning 24/7.