Quote:
Originally Posted by Chris_Ford  complete and total decay of the middle class in the last six years?
Specifics, please ... |
Look out your window.
Middle Class wages are stagnating (in in some cases falling) as inflation skyrockets. Every single economic boom since WWII has seen an increase in disposable income at the middle class level except this last boom, it has fallen 2% - yet corporations are experienceing record profits (some call it the golden age of corporate profits). Credit Card companies are waging outright war on card holders (the majority of which are Middle Class) with intrest rates that are surpasing usary levels (loan shark) yet nothing is done. Pensions are eroded on a daily basis - again the majority of pensions deal with the middle class. The cost of an average house is, every year, out pacing by leaps and bounds the yearly salaries of the middle class (I guess in your world only rich people should be allowed the right to own a home). Protections for labor are eroded and outsourcing (which definately has become popular under the current regime) are eating away at mid-level jobs. Not to say anything about "guest workers."
Crawl out of your elitist economic dreamworld and take a look around at the severing of America's backbone.