The Brutal Truth About the Middle Class in America I Anthony Scaramucci

Added: 2026-05-18

[00:00:00]My father had a labor's income and it varied. And so if we were in a recession, his hours got cut back. Guess what happened in the house? We got cut back. If the hours expanded, then we had extra bicycles. The air conditioning, we had it, but it went in on Memorial Day.

[00:00:14]It came out on Labor Day. It could have been 500° the day after Labor. It did not matter to my father, you know. And my brother and I used to carry them up and put them in and tape them into the windows. Again, I did not grow up poor.

[00:00:25]I would never dishonor my dad by telling anybody I grew up poor. Did not grow up poor. I thought it was a great way to live and a great way to grow up. But I was contributing to my parents monthly net from the age of 12. I had a news day paper out and when I got my work papers I was able to go work at Keyfood which is a local supermarket. My uncle had a motorcycle shop. I was selling mopeds out of there as a kid and I was making I don't know 50 $60 $70 a week and I was giving 45 of it to my mother. When I got my job at Goldman is giving my parents money. Again, that house that I grew up in, $16,000 for the house. The taxes on the house today are $24,000. My parents could never, and I want to repeat this, never afford the house that I grew up in on fixed income, a pension, a union pension, social security. Forget it. And that's something I really learned the hard