scrubama’s “fundamental transformation” of America is proceeding according to plan.
Our totally unbacked, printed money, controlled by the central planners at the Federal Reserve, is the absolute cause.
Why? Because fake printed money and fake interest rates always benefit the first handlers of money, large asset holders, and above all, the government.
We have created, whether on purpose or by mistake, a reverse wealth machine - where the labor, wages and savings of the average American are steadily and silently sucked off by government and its approved cronies in finance and elsewhere.
Remember to thank the Democrats this election year.
/Naught
Middle class = people who work at a job for their income, who are not on welfare, and who are not filthy rich.
Jobs sent overseas. Taxes raised on the middle class. Millions of non-workers pouring into the country, paid for by the middle class.
The middle class is the one that’s neglected by politicians. They love the filthy rich for their money. They love the non-productive slackers for their votes. They don’t care about the middle class.
It’s intentional.
Independent people who provide for themselves and who don’t look to the government for handouts to survive are difficult to control.
It's really clear when you consider the outcome:
Nationally, the proportion of middle-class adults shrank to 51 percent in 2014 from 55 percent in 2000, Pew found. Upper-income adults now constitute 20 percent of the population, up from 17 percent. The lower-income share has risen to 29 percent from 28 percent.
The percentage of "middle class" adults decreased by 4%.
The percentage of "upper income" adults increased by 3%.
The percentage of "lower income" adults increased by 1%.
In other words, 3 times as many people moved from middle class to "upper income", as those that moved from middle class to "lower income".
That would appear to be a positive trend, overall.
This is what happens when you undercut skilled labor with HB-1 visas and illegal immigration that holds down wages for the lower half of the population.
Hope and change!
Heading toward? I think we past that off ramp.
The looting of America continues. The gap between the lower wage earners and the high end earners is widening. The only sectors that are doing well are government, gibmedats, and financial/banking. The rest of us have to deal with dwindling resources, rampant inflation, and competition from offshore communist socialist slavedrivers.