News & U.S. Politics

The Facts Clearly Tell Us That The Middle Class In America Is Dying

Everybody agrees that the rich have been getting even richer in recent years.  But what about all the rest of us?  Unfortunately, it turns out that flooding the system with money was really good for the wealthy, but it has made things much worse for almost everyone else.  Poverty is rapidly growing all around us and the middle class is being systematically eviscerated.  If you doubt this, can you explain why the number of Americans dealing with food insecurity has almost doubled over the past four years?  And can you explain why store closings in the U.S. are on pace to set a new all-time record?  The middle class simply does not have the same level of discretionary income that it once did.  Today, we live in a country where 70 percent of the population feels very financially stressed.  If you are in the segment of the population that is doing really well right now, good for you. But you need to understand that most of the country is really hurting.

The post The Facts Clearly Tell Us That The Middle Class In America Is Dying was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.

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