Boudicea
(452 posts)
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Thu Sep-04-03 02:55 PM
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The Collapse of the Middle Class |
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Article on CommonDreams.org by Rep. Bernie Sanders (I-VT). Worth a read. http://www.commondreams.org/views03/0904-01.htm
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Pillowbiter
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Thu Sep-04-03 03:14 PM
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I was reading articles like this during the Bush I administration. The middle class was shrinking exponentially then. The government was set to be bankrupt by 1996.
Then Clinton put a cog in their plans.
PB
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teryang
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Thu Sep-04-03 03:47 PM
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2. While I was reading this |
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This article really hit home. Property tax up 50 percent. Housing cost up 100 percent. Home insurance up 100 percent. Federal income taxes up 400 percent. Costs of everything: electric, phone, water and sewage up 15 percent. Food up 10 percent. All this because I moved and changed jobs. Spouse out of work. If I lose my job due to illness or otherwise I'm looking at bankruptcy right around the corner. Talk about declasse. The odd thing, we're frugal, save, and economise on everything. I feel like I'm being held up for something almost daily. I work six days a week on average, occasionally seven. No social life at all.
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AP
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Thu Sep-04-03 03:56 PM
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3. Meanwhile, profits up for huge corporations (wonder where those |
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profits came from? I think you just need to read your post and it's obvious) and more and more political power is concentrated in the hands of republicans.
Where the hell is our democracy???
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DU
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Sun May 05th 2024, 09:23 PM
Response to Original message |