9.07.2010

Middle Class Woes

Future hiring will mainly benefit...

So if future hiring will mainly benefit the top and bottom parts of the economy, what is going to happen to the middle?

An unhealthy middle class leads to an unhealthy national economy.

If anyone needs a refresher, the two major workers' revolutions in history (France and Russia) were both as a result of these countries lacking a solid middle class (though, I guess in irony, the middle class in Russia was kind of growing and its academia provided a solid foundation for the revolution).

Personally, it would be interesting to see if corporate America has any interest in returning the middle class jobs it shipped away, or if anyone would accept the government becoming the new middle.

I also find it interesting that I heard, it could largely be rumor, but the most available jobs right now are "skilled labor" (electricians, masons, etc), aka the job that parents worked so their kids would go to college and not have to do that kind of work for a living...

-- Knuttel

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