Free Republic

Global Economy? 23 Facts Which Prove That Globalism Is Pushing The Standard Of Living Of The Middle Class Down To Third World Levels From now on, whenever you hear the term "the global economy" you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not have the same minimum wage laws and worker protections that we do. Therefore, the massive global corporations that...

Foreclosures, plant closings, offshored jobs, underwater mortgages, miserable rates of unemployment, stagnating incomes: Is there any end to the woes of the struggling American middle? Apparently not, because now comes news of a trend guaranteeing trouble ahead for the more than half of the nation that make up the moderately educated and moderately earning middle — even if the economy improves. That seismic shift, outlined in a new report from the National Marriage Project and the Institute for American Values, is towards more divorce, more out of wedlock births and, ipso facto, fewer kids with a hopeful future. Family breakdown,...