30 Reasons Why 2011 is Going to be Another
Crappy Year for America’s Middle Class
Do you think that 2011 will be a good year for America's middle class? Well, you might not be so optimistic after you read the 30 statistics posted below. The truth is that 2011 is going to be another crappy year for America's middle class, and there is not a whole lot that you or I can do about it.
we are facing as a nation is not just a short-term economic
downturn. Rather, there are some very serious long-term economic
trends that are absolutely ripping apart the U.S. middle class. For
example, did you know that even though our population has been
growing at a brisk pace we have lost about ten percent of our middle
class jobs over the past decade? The vast majority of jobs that have
been created have been low paying service jobs. We now have hordes
of highly educated young people that are waiting tables and that are
welcoming customers to Wal-Mart. Without good paying jobs there is
no middle class, but today American corporations are actually
creating more jobs overseas than they are inside the United States.
This has helped pad the profits of the big corporate fatcats, but it
has been devastating for middle class communities across the United
States. Every time a factory gets closed down in America and gets
set up in some other country instead, it means that the U.S. middle
class is shrinking just a little bit more. The new "global economy"
has been good for the bottom line of the largest U.S. corporations,
it has been great for countries like China and India, but it is
absolutely wiping out the U.S. middle class.
Unfortunately, 2011 isn't going to be any easier for those families.
As a nation we continue to pursue the exact same economic policies
that have allowed these horrible long-term economic trends to
develop. Things are not going to change until our country starts
moving in a fundamentally different direction.
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