I have written in previous issues on the decline of the middle class in America and about how it will eventually cause our Nation to become a much less viable world power. I am convinced that the shabby treatment of working men and women, which include the “working poor,” by many political office holders has caused our Nation to suffer economically and socially. We have seen an alarming widening of the gap between the rich and the poor in this country. That has caused a sharp increase in what is referred to as the “underclass.” To put it bluntly, I am convinced that if our nation is going to maintain its position as a world power, we must wake up and take the steps necessary to save the middle class in this country.
This growing underclass includes not just those living below the poverty level but also those in retirement, the unemployed and underemployed (and there is a difference), and many at the bottom rung of the middle class ladder in our society. Those in positions of authority in government, and also those in the private sector had best wake up to this most serious problem and start seeking solutions to solve it. Surely they must know that consumer spending is the lifeblood of our economic system. I am told that two-thirds of our Gross Domestic Product (GDP) is consumer spending and I suspect that is correct.
A recent paper, “The Economic Decline of the Middle Class and the Widening Gap between the Rich and the Poor: A Political, Economic and Moral Dilemma – What It Means for America,” written by Morton A. Harris of Columbus, Ga., does an excellent job of discussing and explaining the economic and social problems facing the U.S. The problem is fairly easy to spot, but the available solutions may be somewhat painful for some to swallow. The most obvious solution – in simplistic terms – is that we must reverse the ill-advised and unwelcomed growth of the underclass in our country.
Without any doubt, the middle class in America must be saved, preserved and strengthened. We can start this reversal by stopping the shipping our nation’s manufacturing jobs out to foreign countries, raising the minimum wage, and then cutting out the obscene tax shelters that allow the super rich and many huge corporations to avoid paying federal taxes. Hopefully, the American people will wake up, stop voting against their own interest by for candidates who are owned by the rich and powerful, and start actively supporting candidates who understand that the middle class must be saved.
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