Are we experience the "Death" of the middle class or am I just nuts?
No housing, no jobs, no insurance, cut back in education etc., I am wondering why we are not up in arms. Poverty is everywhere yet we are not speaking of it. Is anyone else feeling scared? Maybe we could start a grassroots movement and go camp out on the White house lawn, we need the energy of the 60's....anyone? please?
No, you are not "nuts." You are dead on accurate. The wealthy are becoming more so - the people who run this planet want a one world kingdom of slaves, and a reduced population.
They'll get it too - and a whole lot more that they didn't bargain for.
The middle class is definitely eroding. Cost of living is going up while income is not changing, or dropping. This is at the cost of those of us who are in the middle.
The blue collar middle class is long gone. The screws are tightening on the white collar middle class now. The GOP is making its big move right now to steal social security and convert it into income tax. At the same time, they are going to increase revenue without raising taxes by getting rid of the so-called "loopholes" that give you your tax refund every year. The reason people are not up in arms is because a third of the country (the poorest third) is too obese to ever get up and do anything productive. I have some faith in the next generation. In starting a popular movement, the target groups should be college students and veteran's groups--the newer and younger veterans' groups, that is. (VFW and American Legion are grumpy old men who'll just call the police on protesters). There are a lot of young people living at home into their 30s. If they would just turn off the tv and facebook for five minutes, they could be effective in political movements. The movement of the late '60s and early '70s did not happen overnight and took many years of struggle.
You are absolutely correct. The gap between the rich and poor gets wider every day. A "middle class" family today is nowhere near as successful as a middle class family a few decades ago. Bear in mind that, adjusted for inflation, $10 per hour today has the same buying power as minimum wage in the late 1960s. Eventually, we will have two classes; the haves and the have-nots.
Yes. You are right.
It is about time we gather together and do something so as not to be falling behind.
The rich are getting richer with the right direction therefore we too must grab opportunity to move forward together otherwise we will end up rotting behind.
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by Grace Marguerite Williams 2 years ago
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by Scott Belford 11 years ago
To cement the fact that since the 1980s, the rich have been getting richer because the middle class is shrinking and the poor are getting poorer was the recent announcement that the American Middle Class, the bulwark of this Nation, is no longer the richest middle class in the world and has fallen...
by IDONO 10 years ago
If the rich get richer, and the poor get poorer, how does the middle class shrink?Seems like more space is created and with population always increasing, seems like the middle class should expand, not shrink or disappear. Right?
by Kathryn L Hill 11 years ago
Right?
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