This is a new gilded age, and only the gilded shall have streaming.
From Netflix's perspective, "poor" people share passwords and stream lots of content, meaning they are expensive customers.
The rich, by contrast, pay the same fee but watch FAR less, i.e., they are a more profitable customer.
Yes, Netflix is ditching its most expensive customers. The poor can go back to YouTube and pay the ad-tax to watch.
If you can afford to put kids in college, you can afford to give them their own Netflix account.
Are you in the economic demographic of "Cannot afford two Netflix accounts?"
I'm sorry that capitalism didn't work out for you, either.
Tell your elected reps to support a Universal Basic Income.