An article below about the American Middle-Class. Dr. Elizabeth Warren started studying this topic a long time ago. 1970 is considered a critical year - this is the year when the Middle Class started slipping enough for it to be empirically observed, and studied.

This was, 39 years ago.

Link & Entire:
http://informedcitizens.wordpress.co...iered-society/

Americans, particularly ones from the middle class, need to realize that there are no core entitlements imparted by their government representatives, nor any other sources. They have none and should adjust their expectations accordingly.

If the U.S. populace somehow imagines that its members are viewed any differently than any other populations across the world that are used to produce maximal profits for the top economic class, there’s a rude awakening in store ahead. Further, most legislators simply do not care whether middle and lower class interests are or aren’t well served as long as they, themselves, can somehow make out well in the times ahead.

Besides, why should any Americans feel that they deserve to be treated more favorably by the transnational moneyed elites and their government backers than their counterparts across the rest of the world? As A. H. Bill reminds: “The richest 225 people in the world today control more wealth than the poorest 2.5 billion people. And… the three richest people in the world control more wealth than the poorest 48 nations.”

Occasionally someone making a staggering amount of money in a crooked sort of way might raise a few officials’ eyebrows or induce a mild reprimand. In addition, he might, occasionally, be singled out as the token fall guy so as to be made into a warning example as was Bernie Madoff. Most of the time, though, no action is usually undertaken to correct the situation when directors of major companies carry out activities that are, obviously, right on or over the edge of fraudulent practices.......
Please see above link to read the whole piece. I think this piece is just more evidence of something most of us already know but don't want to come to grips with, and that is the likely death of the American middle class, IMO. I have shown proof positive the evidence of this with charts like this..


Link & Entire: See above.