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German middle class ‘shrinking as rapidly as USA’s’
TheLocal.de ^ | 09 May 2016 12:09 GMT+02:00

Posted on 05/09/2016 4:26:21 AM PDT by Olog-hai

The middle classes in Germany and the USA are both in sharp decline, while top earners on both sides of the pond reap the rewards, a study by the German Institute for Economic Research shows.

The number of Germans counted as belonging to the middle classes sank by six percent between 1991 and 2013, the study released on Friday found.

The trend in the Federal Republic closely matches a similar drop seen in the USA over the same period.

While in Germany people from all migrant backgrounds were most likely to have fallen out of this income group, in the USA the trend hit migrants of a Latino background worst of all.

There was also bad news for young people in the report. More and more people between the ages of 18-30 are falling into the category of low earners in Germany. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Germany
KEYWORDS: bhoeconomy; bhogermany; eussr; globalism; merkel; middleclass; socialmarketeconomy

1 posted on 05/09/2016 4:26:21 AM PDT by Olog-hai
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To: Olog-hai

Well, obviously, they need more migrants. [/s]


2 posted on 05/09/2016 4:29:47 AM PDT by rbg81 (Truth is stranger than fiction)
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To: rbg81
Since when have ‘immigrants’ been called ‘migrants’? Yes, I know some people use the terms synonymously, but their connotations are different. The term ‘immigrant’ connotes someone coming to a new country to live there permanently. The term ‘migrant’ suggests ‘nomadic’ travelers, just going from place to place. I guess that's the kind of ‘borderless world’ people like Kerry are talking about.
3 posted on 05/09/2016 4:40:14 AM PDT by pieceofthepuzzle
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To: pieceofthepuzzle

I was being polite. I think “invaders” is a better term.


4 posted on 05/09/2016 4:41:39 AM PDT by rbg81 (Truth is stranger than fiction)
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To: pieceofthepuzzle

In the German case, you have a number of Albanians and Macedonians....who view employment and economic prospects in their home area to be worthless to discuss presently. So, they just want jobs, period. They aren’t exactly desiring to be Germans though.

Then you toss in Poles, Czechs, Greeks, and some Spanish folks (with educational backgrounds....some with degrees)...who see serious job issues in the homeland, and they’ve been offered jobs in Germany. They also don’t care about citizenship. They see themselves in Germany for five to ten years....while waiting for economics in their old country to return to some norm.

So, then you have the North AFricans, Syrians, Afghans, Egyptians, etc....who all want to stay....becoming Germans. Well....most of them anyway. I’ve bumped into some Syrians here in Germany are straight forward about leaving Germany as soon as Assad is gone and a new peaceful gov’t arrives.


5 posted on 05/09/2016 4:46:38 AM PDT by pepsionice
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To: Olog-hai

Illuminati plan going precisely as designed. Regular as clockwork, as the Sheeple remain in the dark. Noses in smartphones. Asleep.


6 posted on 05/09/2016 5:03:51 AM PDT by montag813
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To: Olog-hai

What is the objective, measureable definition of middle class again?


7 posted on 05/09/2016 5:04:49 AM PDT by Paladin2 (Live Free or Die.)
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To: Olog-hai

This could be partially due to West Germany’s annexation of that cesspool called East Germany.But then we’ve basically annexed Mexico so maybe we have something in common with West Germany.


8 posted on 05/09/2016 5:13:12 AM PDT by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: Olog-hai

This is a deliberate result of the actions of the politicians. They know full well that they are destroying economic security for the working people who built up their country.


9 posted on 05/09/2016 5:23:43 AM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: Olog-hai

German taxes are almost the highest in the civilized world. No one in the middle class, or below, has any chance of saving up some money, to start a business, or for retirement. People are left just enough so they won’t starve to death. The rest is taken by Merkel and distributed among African immigrants, Greek banks, and the like. Only the super-rich, who have their money overseas, are save.


10 posted on 05/09/2016 5:46:04 AM PDT by cartan
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To: Olog-hai

I guess any correlation between mass immigration of low-skilled workers and the disappearance of the middle class is purely coincidental.


11 posted on 05/09/2016 5:47:15 AM PDT by rightwingintelligentsia (Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)
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To: Olog-hai

Bring in millions of third-world migrants who can’t take care of themselves in a first-world society, and then say “shazaam, the middle class is shrinking.”


12 posted on 05/09/2016 5:49:59 AM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: Olog-hai

Well duh, the globalist elites want to reimpose feudalism worldwide, not just in the US.


13 posted on 05/09/2016 5:57:45 AM PDT by freedomfiter2 (Lex rex)
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To: Olog-hai

So much for American Liberals touting the vaunted German Economic Model.


14 posted on 05/09/2016 5:57:54 AM PDT by Buckeye McFrog
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To: freedomfiter2
Well duh, the globalist elites want to reimpose feudalism worldwide, not just in the US.

And the Free Traitors™ are leading the charge.

15 posted on 05/09/2016 6:05:06 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Olog-hai

Export skilled labor
Import unskilled laborers


16 posted on 05/09/2016 6:05:35 AM PDT by Bogey78O (We had a good run. Coulda been great still.)
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To: rbg81

the fun of socialism!

Yes, importing poverty, illiteracy, and diseases will obviously help...somehow.


17 posted on 05/09/2016 6:20:32 AM PDT by CottonBall
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To: Olog-hai

In America, the pols have taxed the middle class to death. They are killing the golden goose and the small businesses that are the growth engine.


18 posted on 05/09/2016 6:24:41 AM PDT by 1Old Pro
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To: Paladin2
What is the objective, measureable definition of middle class again?

When you get an answer to that, will you please 'ping' me?

IMO, far too often "middle class" is used to encompass "working class." It seems that the term "working class" is felt to be a perjoritive. Nobody wants to lay claim to it. Fortunately, I openly and proudly claim to be "working class" and care not if others look down their collective noses. Aside from a brief, futile excursion into business ownership in the late 80s, my entire working life was spent in the employ of others and for that I have no regrets. It's a shame that folks have such insecurity that they must lie to themselves and others with self aggrandizement.

19 posted on 05/09/2016 7:04:26 AM PDT by Roccus (Fighting POLITICIANS is the true WOT)
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