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Old 09-23-2005, 02:51 PM   #5
Prudence
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Quote:
Originally Posted by Morrigoon
Here's a thought about the shrinking middle class...

Getting back to what I said earlier about democrats' claims of "Making the rich pay their fair share" only really affecting high-income earners. The democrats piss and moan about the widening gap between the rich and the poor, but it seems every initiative they promise will get the "rich" guy actually hurts those in the middle, thus further widening the gap, which they then complain about to get more votes.
While I actually agree with the above, I also wanted to note that Republican promises of "middle class tax cuts" also seem to miss their target. At least they always missed our family, and we were neither impoverished nor rich, thus leaving a presumption that we were middle class. What really happens to the middle class is that they make too much to benefit from anyone's proposals to help the poor, and they make too little to benefit from the magic of investments and economy-stimulating tax cuts. They always take the fall and they never get the burden.

I wonder how much of our economic trouble today is due to this vanishing middle class. We're left with the upper class that doesn't have to pay and the lower class that can't pay. It's an over simplification and I'm not an economist, so it's just a little theory.
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