Moral Outrage
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Sad Stats and Sinking Status of the U.S. Middle Class

The rich are getting richer and the poor are getting poorer at a staggering rate.

Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

22 statistics detailed here prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.

Our politicians and business leaders hey didn’t tell us that the “global economy” would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.

Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money. But U.S. workers are “less attractive” than ever. Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States. So corporations are moving operations out of the U.S. at breathtaking speed.

There are now about six unemployed Americans for every new job opening in the United States, and the number of “chronically unemployed” is absolutely soaring. Many of those who are able to get jobs are finding that they are making less money than they used to.

The truth is that the middle class in America is dying — and once it is gone it will be incredibly difficult to rebuild.

[Excerpts of an article by Michael Snyder]

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