US EditionThe Death of the Amex Lounge: Why the Upper Middle Class Isn't Special Anymore
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The Death of the Amex Lounge: Why the Upper Middle Class Isn't Special Anymore
There's something happening to the upper middle class in the United States that no one is talking about. They are going through an existential crisis. I first noticed it at the airport. A line 20 people deep for the American Express lounge. Then, once you get inside, more lines for food/drinks and not an open chair in sight. Then I saw it in the housing market. I have friends with $10,000+ monthly mortgage payments on modest homes. Ten grand a …
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