Yawn. More victim-blaming.
This is globalist propaganda garbage.
“Finally, the middle class needs to invest, invest, invest!”
Yes. Dear middle class, all of your problems are your own fault. Please ignore that we shipped all your jobs to third world countries, take that $0.50 you have left after taxes and give that to us too. We’ll use it to gamble and then when we lose it all, we’ll just recoup our losses from your payroll taxes directly. Thanks for playing!
From the Article:
“First, the housing bubble from late last decade really sapped the net worth out of middle-class households ...
“Secondly, access to credit is arguably easier in the U.S. than in many other regions of the world ...
“A third issue? Stagnant wage growth. According to data from the U.S. Census Bureau, median household income has actually dropped by roughly $5,000 since 1999 to a median of $51,017 as of 2012 ...
“Fourth, there’s quite an income gap between the richest Americans and the middle class in the United States ...
“Finally, near record-low lending rates aren’t helping ...
“The middle class may be in flux, but with careful planning it can thrive once more.”
The article does not blame the US middle class. Your overly-bitter take is compeletely the opposite of what the article is saying.