Thread: So long, middle class

Technically this article is not about Illegal Aliens but I believe IAs contributed more than an incidental influence on this list.


So long, middle class
Dreams of average Americans dashed by taxes, higher costs and little job security

By MICHAEL T. SNYDER

Last Updated: 4:50 AM, August 1, 2010

Posted: 12:27 AM, August 1, 2010
Comments: 22
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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 . . .

1. According to a 2009 poll, 61% of Americans “always or usuallyâ€

The Oligarchy is self destructive. That's why there was a financial panic in the first place.