Heh. Spoken like a true devotee of "I've got mine, so the rest of you can just ESAD."
Oh, and you just moved the median family income up from $50K to $64K, kinda auto-magically in your mind. From 1 part time and 1 full time or 2 part time jobs to 2 non-existent $15/hr full time jobs, apparently just so you can defend the fantasy you created.
You probably think those jobs have some kind of benefit package, too, but they don't. And you probably think people making that kind of money, rather tenuously, will somehow find a way to buy & occupy all the homes currently being foreclosed, so as to stimulate the economy, you know? And if they can't afford to buy them, then they really can't afford to rent them, either. Landlords seek positive cashflow, after all.
The transition period of our economy is coming to an end. That's the part where the low price of imported goods and easy credit, increasing debt, made offshoring and automation seem to be a good deal for the middle class. Now, well now, we come to the part that all of the ravers who rah-rah about the global economy and free flow of capital didn't mention- that you need to have a job, a decent job, to enjoy those things, and that such jobs are becoming scarcer every day as a consequence of the basic proposition.
We're experiencing a situation where some middle class families thrive, largely on the basis of luck, other get beat down to working class, all so the richest can become a whole lot richer. Don't worry, though- they have plans to make us all working class, if we're lucky, and to find ways to get us to blame each other rather than the real perps. You already bought into that last part, obviously.
