One hallmark of the great experiment that is America has been the strength of the middle class. A free and open economy, plus the social freedom to rise in society and the work place has led to an environment that allows for an expanding middle group that has been the envy of the world.
A large middle class provides cultural and political stability that foments greater participation in all aspects of a smooth running society. In contrast, countries with a smaller middle class typically have a small, wealthy, ruling elite and a large lower class that has little power in the running of the nation.
America, one might say, is the great equalizer, and the middle class has been the majority economic segment of society for many years. The “American Dream” has been that anyone who was willing to work hard and play be the rules could move up and become part of the “mainstream” middle.
That appears to be changing, and a recent Pew Research study indicates that under President Obama the middle class is declining and that by combining the upper and lower tiers, the middle proportion is now less than the other two combined tiers. There are several aspects to the study that explain the shift, but it is troubling that society seems to be becoming more stratified, with less opportunity for those who would rise to the top.
Page 2 for shifting economic classes
Is there a middle class ??? I used to be in the middle class, but i got expelled and now I’m too rich for aid, but too poor to pay my bills. That is the middle class today.
Right, the Republicans had been screwing things up for’ three decades’ ,yet some how the ‘middle class’ has finally failed under the only democratic President in 30 years…
I am starting to question the integrity of this News thread.
There is no middle class, now we are all borderline poverty, and those of the wrong color cannot get any help from the government.
Yes of course , Clint is correct all the way.
There is no such thing as a Middle Class under Communism and Socialism. For example, Obamacare was created to take down the Middle Class, along with everything else the TREASONOUS Obama REGIME has done.
Unfortunately we who did not vote for him are getting screwed too!!!
So true
Thanks, Obama. Your plan is working like a charm. Pretty soon you won’t have enough of the middle class left to pay for those who are able to work, but choose not to. It is only a matter of time.
NEVER HAVE BEEN
With the arrival of Obama and his socialist rhetoric, many citizens of the United Stated of America were introduced to our NEW title-designation: MIDDLE CLASS. The use-acceptance and application of this term automatically assumes there must be a LOWER CLASS and a HIGHER or UPPER CLASS , obviously stemming from European and Mid Evil societies with Rulers, Royalty and Dictators. Not only should we throw Obama out, but his socialist terminology as well,. We may well have identifiable income/monetary worth delineations, but that identification should in no way reflect on the societal worth-status-standing of the individual USA citizen, wherein we are all, by law, EQUAL.