Who Or What Killed The Middle Class?

In Saner Thought

The Middle Class has been disappearing for decades but what or who is to blame?

Easy answer….Reagan or better yet Reaganomics…..

It death spiral began with Reagan’s dash to slice taxes on the rich and it has continued ever since……

There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation’s middle class.

Despite what you might read in the Wall Street Journal or see on Fox News, capitalism is not an economic system that produces a middle class. In fact, if left to its own devices, capitalism tends towards vast levels of inequality and monopoly. The natural and most stable state of capitalism actually looks a lot like the Victorian England depicted in…

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