No. of Recommendations: 6
Aphastot:"I'm afraid if the middle class continues to struggle, due to wealth inequality, there won't be much of a society. Unfortunately many of the good middle class jobs in manufacturing have disappeared. Company profits are at an all time high, the effective corporate tax rate has dropped from 40% to 20% since 1987 while raises for middle and lower level workers have stagnated. Long-term that will not produce a strong economy or a strong country."

The middle class has always struggled. Heck, after WW2, the goal was to own a 1200 sq foot house and one car......and that was the ideal family......with 2 cable internet cellphone bill.....the only bill other than water, elec and gas was for the telephone. Period. Heck, most homes didn't have a dishwasher, dryer, freezer....and TV was 'new'......but free over the air.

Now? Gimme a break....


Yeah, you aren't going to be middle middle class in 'manufacturing' doing a repetitive job......the world has passed that by. But if you study and get an education...there are still plumbers and electricians and machinery operators (tractors, graders, bulldozers, etc) that make excellent money. You just aren't going to get many factory jobs assembling widgets.


effective corporate tax? You pay that!......every bit of tax is simply added on to the cost of goods and services you buy!.... that was a joke, of course, right?

If Taco Bell pays more in taxes to the feds, you pay more for your food at Taco Bell. Duh!.....

yes, wages have stagnated. So have job skills. so have math skills for kids graduating high school.

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