Remember when that was something to strive for in your job search? Remember when that was the American Dream? Remember when you could work 40 hours a week and still have enough to live on and even save a little for retirement?
If you remember that then you are an old fart and are remembering something from the “good old days”.
The American Conservative has looked into the Middle Class……
Can we define the middle class in practical terms? To be sure, there are probably as many sociological definitions of the middle class as there are commentators seeking definitions. So let’s set aside the socio-swamp of beliefs, values, and taxonomies of class in favor of a definition with measurable thresholds.
Many commentators attempt to define the middle class by income, and people tend to self-report that they belong to the middle class based on income. The self-evident way to define the middle class by income is to set aside the top 10 percent (households earning $145,000 or more) and those defined as poor by the U.S. Census Bureau (households making less than $25,000), roughly 25 percent of all households.
Somewhere between the two is the middle class, though trying to narrow it down forces us into an impassable statistical thicket. For example, government agencies report income in different ways. The IRS reports individual tax returns (147 million) while other agencies report household income (117 million households).
Are You Really Middle Class?
If you are asking yourself….”what the Hell happened”? Then this can help explain it as simply as possible…..
Something massive and important has happened in the United States over the past 50 years: Economic wealth has become increasingly concentrated among a small group of ultra-wealthy Americans.
You can read lengthy books on this subject, like economist Thomas Piketty’s recent best-seller, Capital in the Twenty-First Century (the book runs 696 pages and weighs in at 2.5 pounds). You can see references to this in the campaigns of major political candidates this cycle, who talk repeatedly about how something has gone very wrong in America.
Donald Trump’s motto is to make America great again, while Bernie Sanders’s campaign focused on reducing income inequality. And there’s a reason this message is resonating with voters:
We need to assign guilt to the best person….Ronald Reagan….his policies started this decline and it has never let up……
The Middle Class is quickly disappearing and as it does it is taking the American Dream with it.
And the GOP wants you to be happy with your decline…..
Listening to Republicans, it’s apparent they don’t have much respect for the intelligence of the American people.
Over 70 percent of Americans want a national health care system like every other developed country in the world has, but the GOP tells us that we just aren’t smart enough to make it work. It’ll be too confusing and complex for average Americans, they say, and, besides that, if the government “takes over” our health care system, we’re on our way to tyranny.
About two-thirds of Americans think that we should have free college education for anybody intellectually capable of attending, and free trade schools as well—like pretty much every other developed country in the world (and quite a few of the developing countries). Republicans tell us that we can’t use government funds to pay off our nation’s $1.5 trillion in student debt because we just borrowed that exact amount last year to give tax rebates to billionaires, so there’s nothing left. We’re just not smart enough to fix the problem.
As the article says….”as long as the GOP gets some of the people to believe their bullshit all the time”…..the rest of us are screwed!
On a side note……the Pentagon is also in the Middle Class screwing game……
According to SAIS Professor Hal Brands, progressives and Americans should embrace the social benefits military spending offers to the middle class. Not only does American military strength support the liberal world order that makes the world “safe for democracy,” Brands claimed, but military spending undergirds millions of middle-class jobs for service members, civilian employees, and contractors for the Pentagon.
In reality, the opposite is true: American military adventurism and massive spending undermines middle-class prosperity and makes the world less free and secure. A militarized approach to American foreign policy harms global freedom and security far more than it helps.
How the Pentagon Budget is a Threat to the Middle Class
You can stop this…….VOTE!
Vote for the candidate that has the best plan to stop this slide.
Vote for the candidate that best has the best interests of the country at heart.