Texashiker
Lifer
Poverty rates are not climbing, they are soaring.
http://moneyland.time.com/2011/09/26/suburban-ghetto-poverty-rates-soar-in-suburbia/
If there is one political issue I would blame, it would have to be free trade.
Related thread - China in the 1980s
Is there even a middle class any more? It seems to me that the rich are getting super rich, and the middle class and the poor are getting poorer.
Where do you see the middle class in 10, 15 or even 20 years? If china becomes a world super power, maybe china will start exporting its jobs back to the USA? Somehow I doubt it.
As more people are living in poverty, this means more people can apply for social benefits. Someone has to pay the bills for those benefits.
There are currently more suburban residents than city dwellers living below the poverty level.
http://moneyland.time.com/2011/09/26/suburban-ghetto-poverty-rates-soar-in-suburbia/
If there is one political issue I would blame, it would have to be free trade.
Related thread - China in the 1980s
Is there even a middle class any more? It seems to me that the rich are getting super rich, and the middle class and the poor are getting poorer.
Where do you see the middle class in 10, 15 or even 20 years? If china becomes a world super power, maybe china will start exporting its jobs back to the USA? Somehow I doubt it.
As more people are living in poverty, this means more people can apply for social benefits. Someone has to pay the bills for those benefits.
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