Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

The New York Times ^ | 25 Jan 2015 | DIONNE SEARCEY and ROBERT GEBELOFF

[dead]

Just this morning I saw that the state department had been trying to get Disney to use the “Frozen” characters to make global warming PSAs for kids.

At least that'll give us a break from the endless loop of Smokey the Bear PSAs.

[dead]

This social upheaval helps explain why the president focused on reviving the middle class, offering a raft of proposals squarely aimed at concerns like paying for a college education, taking parental leave, affording child care and buying a home.

"Rafts of proposals" like that helped destroy the middle class in the first place.

The middle class used to be able to afford things like college, housing, and health care until the government stepped in "to make it affordable."

The flood of government money into these markets naturally drove prices up as everybody scrambled to get their share of the booty. In a short time, the government drove the prices so high that only the very rich (like just about every federal politician) can afford these things without government assistance.

They fitted everybody with yokes, as intended.

[okie01]

They fitted everybody with yokes, as intended.

Lenin said it: To achieve communism, we must first destroy the bourgeoisie.

And Obama is following the recipe'.

[bert]

Generally, I agree with your thoughts

However Europe may not have really caught up. Europe including Russia was traumatized so badly that it might take centuries to recover. During that long long recovery process events from outside might intervene to prevent real recovery. The deterioration of Europe’s place in the world economy is shifting. what were their markets are now their competitors. Europe has recovered only to become very very sick.

The concept of no war ever is detrimental to existence. Russia is a basket case that is beyond recovery. There must be revolution to start all over. Alas, the Russian people lack the starch .

[St_Thomas_Aquinas]

That’s fundamental transformation for ya. Who knew?

OK, we did.

[Theoria]

Sure, my thoughts were more toward China, Japan and Vietnam post war. Especially, China since the trade expansion with them.

It was once frowned upon to trade with commies.

1980's USSR evil empire.

2000's China good for business.

Europe, as a whole makes our problems something to look forward to.

[bert]

We actually think a lot alike.....

Consider these photos

Dubai

Singapore

Kuala Lumpur

Shanghi

Paris

<

Antwerp

Milan

The pictures are the basis for my point

[stephenjohnbanker]

” Globalization, global wage arbitrage, immigration, debt spending, national debt, taxes, etc will finish US off. “

With the UNIPARTY dividing up the spoils.

[SaraJohnson]

They spend a lot of time shipping jobs to other nations, too.