And the middle class is (and will continue to be) the driving force behind ANY economic recovery. So if the "MIDDLE CLASS" is "still hurting", this would imply that THE ECONOMY is "still hurting".
I agree with you. I have had my share of the economic stress. I was laid off from my job last November, and I thought that I would just go out, and get another job quickly. I found out that it was really hard to even get an interview, because most jobs were just looking for employees with certain education and experience requirements. Hopefully my family pulled some strings to help me out, but I believe that the economy is not the best. thanks for the post.
I'm blue collar-ish, middle class.
I have kept my job, but my salary has been cut significantly.
There will be no "correction" - my new salary is permanent.
I now can't afford to live where I have lived for as long as I have had this job.
My building has 12 units, only 8 are occupied.
So, yup. Hurting continues.
by My Esoteric 3 years ago
The bottom line of President Reagan's Right-wing endorsed economic policy is that "if you put more money in the hands of the wealthy, it will, 1) Expand the economy, 2) Let the boat rise with the economy, and 3) Prosperity will "Trickle-down to expand the middle class.None of those things...
by My Esoteric 4 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 Kathryn L Hill 4 years ago
by Goodpal 7 months ago
Why everything in society gets decided by the rich?Will the rich any importance left if suddenly all the poor people vanish from the societies? In fact, poor people work at cheaper wages to create wealth for the rich. Yet, the poor have hardly any voice in society. The rich shun them as lazy or...
by IDONO 3 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 rhamson 8 years ago
Since the late 1990s, average incomes have declined 2.5% for families on the bottom fifth of the country's economic ladder, while incomes have increased 9.1% for families on the top fifth.The result is that the average incomes of the top 5% of families are 12 times the average incomes of the bottom...
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