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Thread: The Middle Class Spending Crash Explained

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    The Middle Class Spending Crash Explained

    According to the BLS, since 2007, inflation is 12.4%. Yet Americans are making only 0.2% more since then and they are spending only 2.3% more.

    Whatever the government/The Fed has been doing since '07...it ain't working...unless making the rich richer, making the poor more numerous (increase in food stamp usage by roughly 40% since beginning of '09) and killing off the middle class is the goal.




    http://online.wsj.com/articles/ameri...NewsCollection

    http://www.zerohedge.com/news/2014-1...rash-explained

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    Re: The American middle class is slowly dying

    Quote Originally Posted by DA60 View Post
    According to the BLS, since 2007, inflation is 12.4%. Yet Americans are making only 0.2% more since then and they are spending only 2.3% more.

    Whatever the government/The Fed has been doing since '07...it ain't working...unless making the rich richer, making the poor more numerous (increase in food stamp usage by roughly 40% since beginning of '09) and killing off the middle class is the goal.




    Basic Costs Squeeze Families - WSJ

    The Middle Class Spending Crash Explained | Zero Hedge
    I don't have the stats like you, but I remember growing up in the 1950's to early 60's when the middle class was expanding big time and it seemed the sky was the limit. But that was a different era and we had a different type of economy, industrial/ manufacturing instead of service base. The world was also a much bigger place.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

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