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Why America’s middle class is lost
Washington Post ^ | December 12, 2014 | Jim Tankersley

Posted on 12/13/2014 6:44:02 AM PST by C19fan

One day in 1967, Bob Thompson sprayed foam on a hunk of metal in a cavernous factory south of Los Angeles. And then another day, not too long after, he sat at a long wood bar with a black-and-white television hanging over it, and he watched that hunk of metal land a man on the moon.

On July 20, 1969 — the day of the landing — Thompson sipped his Budweiser and thought about all the people who had ever stared at that moon. Kings and queens and Jesus Christ himself. He marveled at how when it came time to reach it, the job started in Downey. The bartender wept.

On a warm day, almost a half-century later, Thompson curled his mouth beneath a white beard and talked about the bar that fell to make way for a freeway, the space-age factory that closed down and the town that is still waiting for its next great economic rocket, its new starship to the middle class.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: class; middle
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To: GeronL
The middle class is being destroyed by the leftists on purpose

I think we need to come up with a better term to describe the factions within the uniparty agenda. The leftism that the dems claim to espouse in order to win votes from the 47% is merely a means to an end. Ditto for the GOPe's patriot act/chamber of commies faction when they trot out "patriotism" every election cycle in order to scare up votes.

The uniparty's agenda at the establishment level is neither truly leftist nor free market/conservative. It is an older flavor of fascism, or feudalism if you will, and to understand why so many politicians catch Potomac Fever so quickly one must look at the vast sums of money flowing from K Street over to both ends of Penn. Ave. and then follow the money back to the source.

Who wins from the Cronybus Bill? Not the middle class. Our incentive to take on risk and create new business is being smothered by taxes and regulation while the big boys enjoy direct injections of taxpayer money. Why struggle as a small startup and invite the ire of the IRS and a host of other alphabet agencies when you can sit on your arse, collect welfare checks and talk you all your homies on your new obamaphone?

The agenda is to kill the middle class, confiscate as much of our wealth via inflation/deflation and taxes, and shove as many of the stragglers into serfdom where we can be utilized either as low wage, non-mobile labor units, or systematically eliminated.

And both the Harry Reids and Mitch McConnells of the world are in on it - or at least think they will be spared/included in the winner's circle of the Neo-Feudalist Order.

21 posted on 12/13/2014 7:25:19 AM PST by Sirius Lee (All that is required for evil to advance is for government to do "something")
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To: Sirius Lee

bump


22 posted on 12/13/2014 7:26:26 AM PST by GeronL (Vote for Conservatives not for Republicans)
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To: bigbob

The Truth burns, that is why most people don’t like it.


23 posted on 12/13/2014 7:29:12 AM PST by AceMineral (One day men will beg for chains.)
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To: C19fan
This is a complicated story, and any newspaper article or even an essay-length piece couldn't really do justice and cover the story adequately.

One sobering aspect of this that doesn't get any mention simply because nobody wants to hear it is this: America's middle class may be disappearing simply because there's no place in natural law and in human existence for what we know as a "middle class."

24 posted on 12/13/2014 7:43:35 AM PST by Alberta's Child ("The ship be sinking.")
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To: Gaffer
You raise a good point, but I'd suggest that a big chunk of the "entitlement class" in this country is the middle class.

In many ways, the middle class has been a victim of its own unrealistic expectations.

25 posted on 12/13/2014 7:45:02 AM PST by Alberta's Child ("The ship be sinking.")
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To: Sirius Lee
The agenda is to kill the middle class, confiscate as much of our wealth via inflation/deflation and taxes, and shove as many of the stragglers into serfdom where we can be utilized either as low wage, non-mobile labor units, or systematically eliminated.

The reward for those that do have savings is zero or negative real interest rates.

26 posted on 12/13/2014 7:45:59 AM PST by Stentor (Maybe the Goldman Sachs thing is just a coincidence. /S)
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To: P.O.E.
Big government is the biggest drag.

That might seem to be the case, but it's worth noting that the guy cited in this article lived a "middle class existence" building hardware in a massive taxpayer-funded program (NASA).

27 posted on 12/13/2014 7:46:49 AM PST by Alberta's Child ("The ship be sinking.")
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To: Alberta's Child

I said this because the entitlement class has either nearly become or already IS the middle class.


28 posted on 12/13/2014 7:46:57 AM PST by Gaffer
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To: bigbob
That's a very good post.

The American middle class could be thriving today, but then they'd have to settle for what we used to define as a middle-class standard of living.

I'd suggest that the middle class is disappearing because most people don't WANT to be in the middle class.

29 posted on 12/13/2014 7:50:37 AM PST by Alberta's Child ("The ship be sinking.")
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To: C19fan
thought about all the people who had ever stared at that moon. Kings and queens

And the princess and the prince discuss, what's real and what is not.

30 posted on 12/13/2014 7:52:56 AM PST by MUDDOG
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To: C19fan

50 YEAR OLD CARTOON PREDICTS THE FUTURE !!! NWO !!!
https://www.youtube.com/watch?v=_se8c-wN35M


31 posted on 12/13/2014 7:53:29 AM PST by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: 2ndDivisionVet

We have abandoned the time honored tradition of tar, feathers, and a ride out of town ... to our peril.


32 posted on 12/13/2014 8:04:53 AM PST by NorthMountain
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To: C19fan
In 1970 one in 21 was foreign-born; today, it is one in 8, the highest in 90 years; and within a decade it will be one in 7, the highest in our history. There were 9.7 million foreign-born in 1970 and today it is 41.5 million.

Importing over a million legal permanent LEGAL immigrants a year since 1990 and 640,000 guest workers annually provide a surplus of labor that takes jobs from American workers and depresses wages. It is as simple as that. The labor participation rate is the lowest since 1978. Immigration, legal and illegal, is destroying the American middle class and the American worker.

33 posted on 12/13/2014 8:05:59 AM PST by kabar
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To: C19fan

The War on Poverty™ defeated the middle class.


34 posted on 12/13/2014 8:09:35 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: jsanders2001
Bringing illegals I to the country to (yes) take your jobs

Legal immigration has had a far more devastating impact on American jobs. We have just had the two largest decades of legal immigration in our history.


35 posted on 12/13/2014 8:11:33 AM PST by kabar
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To: blueunicorn6

Well, we have a President who is a fumblebutt. The Democrat Party is run by leaders who talk bad about the country.

Outsourcing of our manufacturing has been going on since the 90s. Ross Perot warned against it. The GOP is as much at fault as the Dems.


36 posted on 12/13/2014 8:17:32 AM PST by WilliamIII
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To: C19fan

The cost of capital versus labor has shifted significantly in favor of capital over the last few decades. And in many cases, automation is the only way many modern products can be manufactured.

One example ... in the 1950’s electronics assembly involved large factories with hundreds of assemblers (mostly women) with soldering irons. A modern 2014 electronics assembly plant will have a half dozen employees and rows of machines - pick-and-place machines to mount parts on printed circuit boards, reflow soldering machines for soldering and then automated test and inspection stations.

One recent interview with the president of a smallish automated assembly house said the production he achieved with 6 employees would have required 600 employees with hand assembly. But hand assembly of small surface mount components is extremely difficult and can only be accomplished practically with machinery.

The rise of automation and robots pushes jobs into two categories. One being a relatively few but high paying jobs for the machine designers and second being jobs that are not susceptible to automation, such as building maintenance or landscaping.

The west went through the transition from 90% of the workforce being employed in agriculture to 5% agriculture over nearly a century. I suspect the switch from medium skilled jobs to a bimodal few high skilled workers and lots of low skilled jobs and not so many in the middle is not going to be as smooth a transition.


37 posted on 12/13/2014 8:18:59 AM PST by JackOfVA
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To: JackOfVA

I don’t care if a factory is 100% automated. If it is 100% automated THEN THERE IS LITTLE OR NO VALUE IN OFF SHORING. With the low energy costs in the USA it only makes sense. Bring it home people.The next war might be a real war, with Armies of hundreds of thousands if not millions of solders, sailors needing to be equipped. How are going to do that now?


38 posted on 12/13/2014 8:23:27 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: WilliamIII

There are three and only three ways to create wealth and prosperity - mine it, make it or grow it. That’s it. A stool with two legs cannot stand.


39 posted on 12/13/2014 8:25:01 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: C19fan

This WaPo article is automatically dismissed by me because not once does it mention illegal immigration and idiotic free trade deals like WTO and NAFTA


40 posted on 12/13/2014 8:26:33 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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