The gap between the haves and the have-nots is continuing to widen. After the recent recession the economy seems to be doing better and the national income is increasing. The problem here is that the rise of income is only going towards the wealthy. The middle class income stayed the same if not decreased. If we continue ignoring this wide gap between social classes soon enough we will have no middle class. It will be the wealthy verses the poor, and as we know the wealthy always have it their way! In this article that I'm posting the link to, the gap between the middle class and the upper class is discussed. The article does a great job in showing the income inequality between the 1% and the 99%. http://economyincrisis.org/content/middle-class-being-squeezed-out-existence
The middle class hasn't been squeezed, it has been manhandled and didn't even get a goodnight kiss. Great video, very informative.
ReplyDeleteThe gap between the haves and the have-nots is continuing to widen. After the recent recession the economy seems to be doing better and the national income is increasing. The problem here is that the rise of income is only going towards the wealthy. The middle class income stayed the same if not decreased. If we continue ignoring this wide gap between social classes soon enough we will have no middle class. It will be the wealthy verses the poor, and as we know the wealthy always have it their way! In this article that I'm posting the link to, the gap between the middle class and the upper class is discussed. The article does a great job in showing the income inequality between the 1% and the 99%. http://economyincrisis.org/content/middle-class-being-squeezed-out-existence
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