Murder Of The Middle Class

There is a slow and torturous murder being inflicted on the Middle Class in this country.

Since the last half of the 20th century the Middle Class has been struggling to maintain the position and the life that they have been enjoying since the invention of the Middle Class….and sadly it is a losing battle.

Corporations have been chipping away at the Middle Class status with the help of the government….and it began in earnest with the election of Reagan in 1980.

Forty years ago, on August 5, 1981, President Ronald Reagan fired 11,345 striking air traffic controllers and barred them from ever working again for the federal government. By October of that year, the Professional Air Traffic Controllers Organization, or PATCO, the union that had called the strike, had been decertified and lay in ruins. The careers of most of the individual strikers were similarly dead: While Bill Clinton lifted Reagan’s ban on strikers in 1993, fewer than 10 percent were ever rehired by the Federal Aviation Administration.

PATCO was dominated by Vietnam War-era veterans who’d learned air traffic control in the military and were one of a vanishingly small number of unions to endorse Reagan in 1980, thereby scoring one of the greatest own goals in political history. It’s easy to imagine strikers expressing the same sentiments as a Trump voter who famously lamented, “I thought he was going to do good things. He’s not hurting the people he needs to be hurting.”

https://theintercept.com/2021/08/06/middle-class-reagan-patco-strike/

I have written many posts on the death of the Middle Class…..

What’s Killing the American Middle Class?

Who Or What Killed The Middle Class?

The American middle class is dying.

In 2015, it dipped below 50% of the population for the first time since data collection started on the issue. It’s now an official minority group.

Meanwhile, nearly half of Americans don’t have enough money to cover a surprise $400 expense. Many are living paycheck to paycheck, with little to no cushion. And US homes are less affordable than they’ve been in decades—possibly ever.

I’ll tell you why this is happening and how to secure your spot among the “haves” in a moment. But first, let’s take a look at the America that was.

The Long Death of America’s Middle Class

Centrism and corporate control of the government is killing the Middle class….not long from now there will be little left of what use to be the jewel of the American economy…..today it is all about the shareholders and cash….the workers mean NOTHING.

I do not see a reversal of this trend….since cash drives the politics in this country it will only get worse.

Be Smart!

Learn Stuff!

I Read, I Write, You Know

“lego ergo scribo”

4 thoughts on “Murder Of The Middle Class

  1. If anything, our middle class is growing. But it is far from financially stable, mainly due to taking out huge mortgages on houses, and buying two new cars on credit. Add to that foreign holidays, expensive tech, gym memberships and top of the range mobile phones, and many are living close to the edge. Recent figures put their average credit card debt at over £12,000 too.
    Best wishes, Pete.

    1. The average American has over $50,000 in student debt and that is on top of about an average of $35,000 in credit cards….plus the crappy wages paid….so our Middle Class is slipping away. chuq

      1. I didn’t allow for student debt. That adds around £25,000 for the younger middle class. (Most of whom seem to have ended up flipping burgers, or doing manual labouring jobs.)

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