The Collapsed Middle Class

( – promoted by buhdydharma )

When Talking About The Economy Now And The So Called ‘Capitalism Practiced’ Start Calling It Exactly What It Is, “Reaganomics”, i.e. ‘trickle down’ ‘free market’…………, there’s a hole host of meme’s used that sold this Con of what must be in order to advance? which when implemented was forecast by many then and over the years, last couple of decades, to do Exactly What It Did, Collapse The Once Growing and Proud Economic Reality That Was!!

Have no idea why those who are supposed to represent the working people don’t use the reality and voice it over and over, do know why th media don’t, they profit from not reporting the reality!

‘Real Time’: The Middle Class Is Crumbling

While Maher railed against the show “Undercover Boss” for its condescending prince-and-the-pauper approach, Arianna argued that there’s a reason that people connect with the show: it shows people working hard and not being rewarded.

“Thirty years ago, the CEOs that are in ‘Undercover Boss’ were making 30 times as much as their working people. Now, they’re making 300 times as much! We’re about to become Venezuela, or Brazil, you know where the people at the top are basically behind they’re gates with guards to protect their kids from kidnapping. The middle class is crumbling and that’s the country we’re going to become… if we don’t fundamentally change where we’re going.”

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The following cartoon clip fits well into this issue. Few workers at the top in the corporate office, cutting workers who actually do work and forcing work loads on those left, at either stagnant or collapsing wages and more work under less hours, for bigger bottom lines instead of gradual company and investor growth and quality product!

This just happened to be the cartoon on the Non Sequitur calendar for this weekends dates, March 6th and 7th.

Working in construction as a multi tradesman, carpenter by profession, I’ve watched over the last two to three decades a trend that I’ve also seen in other companies especially the ones that have grown larger on what once was or those that buy out others increasing size and bottom line and leading for many to go public. In construction once General Contractors that used to employ in-house trades, thus more control over product, and sub out only what might be needed as to other major needs for a contract, commercial or residential, have now added more and more office personal under a growing list of titles and not from the ranks of the long time experienced worker but those who have little experience in actual building but do have degree’s from colleges and universities, the higher education industry, only some needed before. Each one of those positions takes the place of at least a couple of tradespeople who actually used to do the work under contract. Of which their time is taken in meetings or now more surfing on the net then actual work. A great example of this is the following:

They now sub out all the work or hire from temp agencies for short time, no benefits, but hard push on the actual contract completion which causes not quality work but continued mistakes and rework or problems arising quicker in the finished product, thus costing more to fix as well as added problems over a shorter time and not from age. These subs are squeezed hard to preform the work cheaper and cheaper causing them to cut their own workforce and pushing for more and faster work out of who they do employ in order to make a decent living themselves for all they have to do to function as a small business. This is across the board in the last couple of decades of what is still termed as ‘capitalism’ as to not only our economy but interconnected worldwide economies.

We have those who preached the new capitalism loudly complaining about the Government having to come forward with investment into the economy trying to avoid total collapse. Some of those screaming are profitting well off that needed economic infusion of capital, others are are the bottom rungs who need it to keep their jobs or to get hired to new positions because they lost jobs and are now long or short time unemployed with few new positions coming online for rehire.

Why are there few positions or few new company startups especially in green growth like there should be? There isn’t any Private Capital being brought into the economy as invest or growth as was sold the new economy would do and much of that private capital is in the hands of those who were selling the new capitalism who would rather spend millions to defeat a return to bottom up growth, as well as millions in political campaigns, then to invest what was promised as top down economics!