“Anything, we make, they make cheaper.”
But they have to get it here. And THAT we can make very expensive.
Protectionist laws won’t fix the problem. We need to make the US more competitive by reducing corp tax, reducing the capital gains tax, increase depreciation allowances and encouraging new investment in plant and equipment. We suffer a disadvantage with labor costs, but these are less and less of the cost of manufacturing goods.
The Dems are far worse but the RINOs have to go. Americans gave up their liberty so the idiots can watch TV. The elites/liberals control america through TV. The fools paying for sat and cable TV give them the power. Stupid serfs who watch TV.
A small or declining middle class.
A lottery.
Low or falling morals.
Bribery is normal practice.
Some people around here live to sellout their country wholesale while calling anyone who disagtrees with them a commie.
the rich are getting richer, richer, richer....
I am so tired of those who claim that the rich are the "producers"....they are not....mostly, they are the manipulators...the connivers....
The middle class is shrinking because there is a bunch of Marxists in charge.
Marx HATED the middle class. He came up with ways to get rid of them. If you adopt his ideas, you get a middle class that disappears.
The Middle Class is paying the taxes to support the poor which are taking all the government hand outs.
Meanwhile the rich can afford to buy influence in our government.
This is the plan:
You cannot have Tyranny until you DESTROY the middle class.
The dems are not asleep .. they are willingly participating because it keeps them in POWER. If we are destroyed .. they don’t care.
Welcome to Tyranny .. and we have 100 days to make the best fix we can until 2012.
Not even a mention of immigration? That’s got to be a sizable part of it since so many of the jobs middle class Americans used to do are being done by illegals, ammnestied former illegals and the relatives they’ve brought in through chain migration.
These type of articles always talk about “American households” and “Americans” when they speak of the rich-poor gap and the expanding lower class.
They never adjust for the fact that we have 20-30 million illegals in the country.
If you add the “legal” immigrants of similar socio-economic status, such as the “anchor babies” and chain migration from third world countries, we probably have added in excess of 30 million people at the bottom of the scale in the last 25 years.
On average (there are of course many exceptions) this is a low-skilled, low-educated population with a 70% high school dropout rate and a 50% illegitimacy rate.
Unlike waves of immigrants in centuries past, the follow-on generations are not, on average, climbing the ladder through succeeding in the educational system and attaining middle class careers.
Also, this population does not add to the tax base, and much to the contrary costs taxpayers in excess of $100 billion every year, and that is probably a significant underestimate, and also does not include the tens of billions sent out of the country in remittances every year.
The competition in the labor force drags wages down dramatically for native-born Americans, costing hundreds of billions in lowered wages and pulling millions of native-born from the middle class into the lower class.
This is not to discount the substantial effect on the middle class of companies moving millions of jobs overseas to avoid unions, taxes, regulation and litigation.
And the third effect is the fact that the government subsidizes a growing underclass. Unmarried poor women are essentially “paid” by the government to have as many babies as they can, by whomever and however many fathers, and having the babies entitles the women to government support. The vast majority of these children are growing up in a culture that dooms them to lower class status, if not a prison cell.
These three effects together are crushing the native-born middle class.
We are beginning to become what the authors of “The Bell Curve” predicted, a society consisting of rich or upper middle class knowledge workers and a large lower “caste” that requires a huge expensive nanny state government (they called it a custodial state) to care for them from cradle to grave.
Robotics and AI.
That’s the only way we are going to survive another century.
The Dems aren’t asleep at the wheel. They know EXACTLY what they’re doing. Empowering unions and Gov’t workers ensures a strong army with which to fight the “formerly middle class” when the civil unrest begins. Throw in a few million illegal aliens, the black population and the national civilian security force comprised of Hitler youth and you’ve got a protected Marxist dictatorship. We’re not there yet, but it’s taking shape all around us. The relentless news coverage of the black panther polling incident and the Sherrod event is just one phase (of many) in the grand plan to bolster specific groups’ hatred towards the middle class. The irony is, the middle class is now powerless and unemployed but that’s not good enough for the blossoming Marxist power elite to survive.
The author doesn’t understand economics. This article is leftist witch-doctory.
Oh yes, freedom is bad, very very bad...I totally agree with you...NOT! What a stupid and ridiculous article...
“The Middle Class is in this country is being systematically wiped out.”
The Middle Class is bullseye of the “Progressives” and Communist’s target. The next ring isthe family Then free enterprise business people. The next ring is white males. The next ring is Christians and Jews. Finally, they will throw their useful idiots under the bus.
ve need za mazziz to eckspect to be verking at pozishuns beneath zeir stashun. it iz better to control zem zat way.
your papers, please.