So Long Middle Class

From the NEW YORK POST:

The 25 statistics below prove that the middle class is being systematically wiped out of existence in America. The rich are getting richer and the poor are getting poorer at a staggering rate.

Why? Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing rules, regulations and taxes that make it even more difficult to conduct business here. What has developed is a situation where the people at the top are doing quite well, while the average family barely gets by. Entitlement programs are expanding at unprecedented rates, but it is the people in the middle — who shoulder the costs of these programs, while their salaries stagnate — who are being squeezed in a sea of depressing statistics…

Click here to read the full article.

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