Graham Stephan discusses the disappearing middle class, citing a falling savings rate, increasing number of Americans with zero emergency savings, and more than half the country living paycheck to paycheck. He attributes this to rising energy and housing costs, potential tariff inflation, and a frozen labor market, suggesting that wealthy individuals benefit disproportionately from rising asset prices.
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Why $170,000 Is The New ‘Poor’
Apr 20, 2026
Graham Stephan discusses the disappearing middle class, citing a falling savings rate, increasing number of Americans with zero emergency savings, and more than half the country living paycheck to paycheck. He attributes this to rising energy and housing costs, potential tariff inflation, and a frozen labor market, suggesting that wealthy individuals benefit disproportionately from rising asset prices.
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