What Happened to the Middle Class ????


http://www.fool.com/investing/general/2012/08/28/what-happened-to-the-middle-class.aspx

Over the years, globalization has taken many jobs overseas – free market capitalism has done that and there is nothing illegal about any of that !! In addition, technology has automated a huge number of jobs, eliminating them forever.

Salaries in the services sector are not always lucrative and many jobs do not pay enough to support a family. Additionally, many sector jobs are part time positions that do not offer benefits (such as decent health insurance).

Our country faces new challeneges now and in the future. All of us need to understand that the old ways will not work – and that these challenges are so huge it will take us all working together to even have a chance at overcoming them.

Instead of wasting time going back and forth between Democrats and Republicans, let’s tell members of both parties that they need to get on the same team – for the good of our country. The more time that is wasted, the harder and more expensive each challenge will be to overcome – and our chances of success diminish. Think long term and not just for today.

We actually need to invest in several key areas – and government incentives along with public/private partnerships make a huge difference.

Your thoughts?

Your email address will not be published. Required fields are marked *