Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Mira

(22,380 posts)
Tue Apr 3, 2012, 11:29 AM Apr 2012

45 Signs That The Middle Class is Being Systematically Wiped Out…

45 Signs That The Middle Class is Being Systematically Wiped Out…
Author: The American Dream at Yolo Hub


The middle class is being systematically wiped out of existence in the United States today.  America is a nation with a very tiny elite that is rapidly becoming increasingly wealthy while everyone else is becoming poorer.  So why is this happening?  Well, it is actually very simple.  Our institutions are designed to concentrate wealth in the hands of a very limited number of people.  Throughout human history, almost all societies that have had a big centralized government have also had a very high concentration of wealth in the hands of the elite.  Throughout human history, almost all societies that have allowed big business or big corporations to dominate the economy have also had a very high concentration of wealth in the hands of the elite.  Well, the United States has allowed both big government and big corporations to grow wildly out of control.  Those were huge mistakes.  Our founding fathers attempted to establish a nation where the federal government would be greatly limited and where corporations would be greatly restricted.  Unfortunately, we have turned our backs on those principles and now we are paying the price.
When you have great concentrations of wealth and power, the economic rewards of a society tend to go to just a few.
In the United States today, big businesses and wealthy individuals fund the campaigns of our politicians, and in turn our politicians pass laws which rig the game in their favor.  It is a symbiotic relationship which is very bad for America.

snip

for all of it go to:
http://www.yolohub.com/economy/45-signs-that-the-middle-class-is-being-systematically-wiped-out
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

saras

(6,670 posts)
2. Can't say I'll miss them. When they were willing to sacrifice the working class, that was it...
Tue Apr 3, 2012, 11:59 AM
Apr 2012

Too bad, suckers. You all wanted to be bosses, and you eliminated your employees.

 

Cal33

(7,018 posts)
4. Even they must realize that if they succeeded in wiping out the middle class, who is
Tue Apr 3, 2012, 01:42 PM
Apr 2012

going to do all the work -- especially the work that requires brains -- that is making
all the money for them? They, themselves, certainly are not capable of it.

Those dumb-clucks!

The Stranger

(11,297 posts)
5. The problem isn't government. Government is necessary to keep the massive corporations in check.
Tue Apr 3, 2012, 02:39 PM
Apr 2012

The problem is that government isn't serving that purpose any more.

The reason why the Right and their slaves demonize the government is because someone at the top knows that the role of government is to regulate capitalism and keep massive corporations in check.

Latest Discussions»Issue Forums»Editorials & Other Articles»45 Signs That The Middle ...