Thursday, March 28, 2013

Middle Class Extinction: Big government winning the war on middle class


Ponder the polarizing effect this has on our socio-economic status and the resulting class warfare, not to mention the deep impact on the economy....
Spending among the upper quintile of income earners is masking weakness elsewhere but it is jobs headlines that are really hiding the dismal reality in America. As the following chart shows,confirming our earlier discussion, the middle-class income-earner is becoming an endangered species (with no 'conservation group' willing to stand up for them) as the government holds the lowest income earners' hand and Bernanke the highest.



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