If the rich get richer, and the poor get poorer, how does the middle class shrin

Jump to Last Post 1-7 of 7 discussions (12 posts)
  1. IDONO profile image82
    IDONOposted 5 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?

  2. Attikos profile image77
    Attikosposted 5 years ago

    We live in an era of rapacious taxation. Counting all levels of government, hidden taxes (including the cost of regulation), and mandated cost transfers, taxes in the US are between sixty and seventy percent of earnings, the same as in the social democratic societies of western Europe, which is now starting to fall apart under the burden.

    Poor people do not have the ability to pay. The genuinely rich (who are not the those politically claimed by demagogic politicians not to be paying their fair share) have the ability to buy the tax code no matter which influence peddler is in power to avoid paying. The load always falls onto the middle class.

    That is why the middle class in America is evaporating. It is being taxed out of existence, through direct and indirect levies, through the destruction and export of middle class jobs by excessive taxation, by the rising costs of goods and services driven skyward by regulation and the accumulated weight of taxes imposed at every link of the chain of supply.

    1. IDONO profile image82
      IDONOposted 5 years agoin reply to this

      Good answer, but scary. It sounds like the recipe for an empire or even a communist state. Hope you are wrong.

    2. Attikos profile image77
      Attikosposted 5 years agoin reply to this

      It's too late to keep the United States from becoming an imperial power. It now even treats the nation of America as an occupied colony. There is no such thing as a communist state, there are just authoritarian states claiming communism is the goal.

    3. zduckman profile image61
      zduckmanposted 5 years agoin reply to this

      We ARE an empire ....it already happened. Guam, Hawaii, we control the worlds oil, we have the largest military....and on and on.....now after 911 we can destroy the competition under the guise of terrorism.

  3. M. T. Dremer profile image95
    M. T. Dremerposted 5 years ago

    I always assumed that the middle class shrank because you became one or the other. You either dropped below the poverty line, for whatever reason, or you struck it big and entered the rich bracket. Though, I would argue it's unbalanced in favor of the middle class becoming poorer. A lot of things contributed to this including a languishing minimum wage, which isn't enough to live off of, and the outsourcing of millions of jobs to other countries. Americans are struggling to find jobs and the jobs they do find are paying them less than livable wages, so the number of poor people goes up. Add onto that things like student loan debt and the crash of the stock market, and we have a long climb back to the strong middle class.

  4. zduckman profile image61
    zduckmanposted 5 years ago

    This is very basic...and it amazes me that this question is even being asked, but I think it speaks to the level of awareness in our country....and in all capitalistic economies.
    The rich are getting richer, not by making more .....but by cutting costs and receiving tax breaks. When the rich cut costs, they do so by either eliminating jobs and asking a worker to perform the work of two people while putting them on salary ....so they don't get overtime. Another way the rich cut costs is to outsource jobs....this is a nice way of saying, they fire everybody, close the doors, and ship the company over seas....where they can pay slave wages and destroy the environment.
    NAFTA was a well orchestrated move to create regulation free zones where U.S. companies can pay shit, and pollute as much as they want ....while still reaping the benefits of being an american corporation.
    Roosevelt( I think) warned that a CEO should never make more than 20 times the wage of the lowest payed employee....or we would be headed toward fascism. Well now some CEOs make over 500 times what the lowest paid employee makes.

    Under Bush ...if you bought a vehicle that weighed 5,000 Lbs or more ...you could write off half the cost of the vehicle (saving those with disposable income tens of thousands)

    Tax breaks are another way the rich are destroying the middle class. I pay around 25% of my income in taxes......how much do you think a millionaire or billionaire pay?

    I urge you and anyone who reads this to watch the movie "Zeitgeist" it breaks down our monetary system. We operate under a system of debt. Read your money "this note legal tender for all debt" > There is no value to a dollar....because it is not based in reality anymore......the number of dollars used to be tied to the amount of gold in reserves....now it is simply created out of thin air by the Federal Reserve( a private for profit corporation)

    1. IDONO profile image82
      IDONOposted 5 years agoin reply to this

      You have addressed the rich getting richer, but nothing else. Our level of awareness is a direct result of our view of the whole picture. Not focusing on one portion of it. I guess if you aren't getting richer, you evaporate.

  5. Doc Snow profile image94
    Doc Snowposted 5 years ago

    It isn't a given that the poor get poorer, though that is what has been happening recently in America.

    It isn't even a given that "population [is] always increasing."  True, it has been at the global level, since about the 15th or 16th century.  (The 14th century saw a serious crash in Eurasian population due to the "Black Death")  But that increase is slowing and is projected to stop by late this century--and that projection doesn't include the possible results of environmental disasters which seem increasingly likely.  (Most people think that climate change is a challenge for polar bears and seals--but the biggest effect will be the degradation of the security of our food supply.  Note the effects of this summer's US drought on world food prices.)

    So--returning to the question--the middle class shriinks when good, well-paying jobs go away, when living costs (including those for essential health care) rise drastically, and when the value of investments such as the family home is reduced or wiped out altogether.  Any of this sound familiar?

  6. larryprice5372 profile image67
    larryprice5372posted 5 years ago

    Currently the middle class is shrinking because they are getting layed-off, thier homes are being foreclosed on and they are having serious problems finding good paying jobs.

    I do think the primary reason is the Corporations are reluctant to expand because of Obamacare and it's unknown progressive burden as it has effect through 2018.

    Even as our population increases and students leave college, the middle class will not grow if gainful employment is not found.

    I also believe good jobs are affected by GATT/NAFTA, as Corporations having to compete with low wage countries, must outsource or use foriegn labor in able to compete in the American markets.

    The middle class is represented by those who want to work, have an education and degree and seek gainful employment.  They are losing that employment and it affects the size of our middle class.

    The rich will get richer and the poor will get poorer under the conditions I've outlined above.  It is surely much more complex than a small address of these political/social issues can provide.  Time and a strong cup of coffee could get the issues on the table during a meaningful conversation to this issue.

  7. gmwilliams profile image87
    gmwilliamsposted 3 years ago

    https://usercontent2.hubstatic.com/12124519_f260.jpg

    Yes, the middle class is shrinking because of downsizing, dissolution, & outsourcing of jobs/careers overseas.  With the increasing computerization in the 21st century, some mid-level to low-level service jobs are no more.  Those middle class w/ the applicable &/or upgraded skills are becoming upper class albeit lower upper classes while others w/o the applicable &/or upgraded skills are sadly becoming part of the lower classes. 

    The socioeconomic classes are becoming more fluid than ever.  There are people from the lower, upper lower, working, & lower middle classes who are becoming wealthy either through education, savvy, talent, even luck while there are those who are upper, upper middle, & solidly middle classes who are becoming déclassé because of their low skill level, inability to have a decent work ethic, plain bad luck, & lack of talent/capability. 

    This society, more than ever, is based upon the survival of the most aggressive, most cunning, & smartest.  One has to know how to successfully navigate his/her environment if he/she wants to be on the top of the game socioeconomically.  One has to STUDY, LEARN, and KNOW how to play the corporate/career game & be familiarized with its culture if he/she wants to thrive corporately/careerwise.   The corporate world is the law of the jungle with the most cunning surviving, even thriving while those with such savvy will be chewed, spat out, & sink, becoming the new poor.

    1. gmwilliams profile image87
      gmwilliamsposted 3 years agoin reply to this

      Meant those w/o such savvy, the computer froze while trying to type without, sorry about that!

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)