Between inflation and the stock market many retired people are in a world of hurt.
For working people, 100k is not very much money anymore. Especially on the coasts. Housing costs can easily be 3-4k/month.
The USA is a seriously mismanaged country.
Yes, a $$ millionaire now lives hand to mouth LOL.
Unless you are a Billionaire, you are poor today.
And the government taxes you to death on top of it.