Posted on 08/01/2010 2:13:12 AM PDT by Scanian
The 25 statistics below prove that the middle class is being systematically wiped out of existence in America. The rich are getting richer and the poor are getting poorer at a staggering rate.
Why? Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing rules, regulations and taxes that make it even more difficult to conduct business here. What has developed is a situation where the people at the top are doing quite well, while the average family barely gets by. Entitlement programs are expanding at unprecedented rates, but it is the people in the middle — who shoulder the costs of these programs, while their salaries stagnate — who are being squeezed in a sea of depressing statistics . . .
(Excerpt) Read more at nypost.com ...
What do you call households that are a combination of the above?
The goal of the Obama minions is to destroy the middle class.
They claim they care about the middle class.
Only a fool ignores what is happening before their very eyes.
Let’s also not forget that the unskilled/semiskilled “middle class” was a short-term product of the postwar era, when Europe was destroyed, and Asia was only starting to rise economically, making the American worker (no matter what their level of skill) a prized commodity. This period only lasted from the late 1940s until the mid-1970s. Prior to that, most unskilled workers in the US lived marginal lives economically.
You might just be the first person I’ve heard articulate that position, which happens to coincide with mine.
Some wage earners’ idea of what is “normal” is rather distorted due to the factors you cite.
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