| ▲ | ben_w 6 hours ago | |
The top 10% income bracket of the US is broad enough to include basically all US software developers, isn't it? If all jobs evaporate, what does the economy look like when just based on interest and dividend payments? | ||
| ▲ | stackskipton 5 hours ago | parent | next [-] | |
Top 10% of households are 212k. Plenty of software developers don't make that but if they have a spouse with 70k job, they are in top 10%. However, many software jobs are starting to be in HCOL so they probably don't feel like they are in top 10%. | ||
| ▲ | thewebguyd 6 hours ago | parent | prev | next [-] | |
Pretty much yeah, I believe it's around $200k/year puts you in that bracket. If all jobs evaporate, then only asset owners will have money to spend, everyone else is left to fight for scraps so we either all die off or we get mad max. | ||
| ▲ | jimbokun 6 hours ago | parent | prev [-] | |
It looks like Mad Max. | ||