Do you think think the American middle-class is in decline?
Do you care?
If so, what would you do to save it?
I think it is in decline and that it is the foundation of America's peace and prosperity. I don't think cutting or raising taxes is all that important to helping the middle-class. We've had similar tax schemes in the last half-century and the middle-class has been fine. What's new is globalization and third world competition. I do not see that there is a reason for multinationals to employ middle-class Americans when third-worlders can do much of the same work for much cheaper. I would impose tariffs on third world countries and use this to fund unemployment / underemployment insurance for the middle-class.
Do you care?
If so, what would you do to save it?
I think it is in decline and that it is the foundation of America's peace and prosperity. I don't think cutting or raising taxes is all that important to helping the middle-class. We've had similar tax schemes in the last half-century and the middle-class has been fine. What's new is globalization and third world competition. I do not see that there is a reason for multinationals to employ middle-class Americans when third-worlders can do much of the same work for much cheaper. I would impose tariffs on third world countries and use this to fund unemployment / underemployment insurance for the middle-class.