- Joined
- Dec 9, 2009
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- Location
- Houston, TX
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- Political Leaning
- Conservative
While I agree with you the the middle class is losing, and the upper few percentile is gaining. We just disagree on some of the reasons.
We are losing the middle class because jobs have been disappearing for the last 25 years. Now I’m talking about jobs that pay a living wage and has benefits. Each time a factory closes or moves overseas, we lose middle class workers, that more times then not end up at lower paying jobs .. If they can even find one.
One of the other reasons is our technology , we have machines doing the work of 4 men, these machines don’t get sick days, they don’t have health insurance costs, they don’t get paid vacations, they don’t go out on strike. They are a boon to the industry, they help increase production and cut costs.
If the truth be told the middle class in this country is doing as well as it ever did, the real problem is there are fewer and fewer that are in the middle class. The wages of the middle class haven’t stagnated or gone down, there are just fewer people in the middle class, thus your chart altho correct is not telling the real story.
The bottom line is we HAVE to get these middle class jobs back in the US without them there is no plan that works. Factories and industries that are marginal will close or move because the middle class is smaller and cannot buy their products.
It’s a vicious circle, and while liberals like to tout needing the middle class (rightfully so) to make the economy sound, they often forget that without the wealthy to build and operate factories the middle class don’t have a job. One cannot exist without the other.
In my humble opinion if we have to offer a factory 10 years tax free as long as they employ 250 or more people what is the problem? If we don’t get that factory here we don’t collect any taxes from them either, but by getting a factory we will put 250 people to work that are now unemployed. Now multiply that by a 100 you have 25,000 added to our middle class buying products that will have other industries hiring to meet increased production needs.
Perhaps the need to blame the rich would lessen if more people were making a middle class wage that would support them and their family’s needs. In very simple terms the only answer is middle class jobs that pay a middle class wage . If those jobs don’t exist … then the middle class can’t exist in the numbers needed to keep a strong economy.
I wonder why I never hear solutions to the problems liberals say we have with income equality. Do liberals want to tax the rich and have that money redistributed by the govt. to them so they have a bigger income? Should all profits be taxed at 100%? What exactly is the goal of liberals?