Reply #8: The middle class will soon be gone.. [View All]

[PNAC_butter_jelly]

I heard today that there are 77 million boomers about to "work their way through the system".. I think that the powers that be are waiting for the boomers to "be gone".. Once that happens, things will change.. The houses that were built as part of the boomer boom, will be sitting there vacant, because no one can afford them.. Once there are more houses than buyers, the real estate bubble will pop , just like the dot com bubble did.. When people figure out that they owe more for the house than it's worth, they will really know despair.

I think that a lot of people will be throwing in the towel soon. The only thing that has kept the plates all spinning is the fact that people are willing to take out equity loans to buy vacations and dinners out with the family.. and they are willing to use plastic instead of the cash that they do not have.. Credit card companies are the middle class crack dealers.. they are right there to "help" you get all the stuff that you think you need, but in the end, they know that you will overspend, and then they "gotcha"..

Whne the boomers are gone, there will be enough jobs to go around, but by then they will be low paying jobs..

Like someone else said, there are very few jobs anymore that actually involves making something.. It's sad, but the ones at the top do not really care of they have an educated and healthy workforce.. They only want cheap..

This adminstration is hell bent to spend every penny that they can get their hands on, so that there will be NO money available to fund things that benefit society, so the middle class folks will have to get used to doing with a lot less than the last generation had..

I foresee a future that has ZERO job security, no unions, no affordable medical care, no public schools, crumbling infrastructure,and people juggling several jobs, just to put food on the table and a roof over their heads..

With an undereducated public, it will not be hard to keep people here.. Most foreign countries have pretty strict standards of the kind of people they will allow in..

It's funny in a way, that the rightwingers who for ages have compplained that the immigrants are taking jobs away from the "patriotic americans", may actually see their prophecy fulfilled. There will come a time when the average Joe Schmoe might be eager to get that job as a gardner, or convenience store clerk..

I feel for the ones who are teens now.. I cannot imagine a more insecure future, than the one they face:(