Depressing but true - How the middleclass in the US became the underclass

[karadinart]

http://money.cnn.com/2011/02/16/news/economy/middle_class/

It's nothing new, it began thirty years ago and picked up speed in the last ten.

And people wonder if we need labor unions. (roll eyes)

Comments

[karadin.livejournal.com]

If everything goes to the top, how long can the economy survive, if no one can support it by you know, buying things????

*though most of my income goes to Japan anyway*

[hideincarnate.livejournal.com]

It's going to crash is what will happen. I wish we could tax the fuck out of the rich. They don't need or even use all their money. It makes me want to commit illegal acts is what it does.

[karadin.livejournal.com]

Trickle down doesn't trickle down, it stays at the top.