China’s ‘New’ Middle Class

Hey, wait a minute, China’s ‘New’ middle class used to be our middle class until we gave them all of the middle class that we had. 

Since the minimum wage went up by two dollars within two years, and inflation has been climbing steadily, and of course, wages and benefits have dropped or remained the same, the old middle class of the U.S. is more like the lower class, and the lower class is now under the poverty level.  The rich like it this way because they are getting more work out of people who can’t afford to lose their jobs and can’t complain about the downhill slope that they are on.  If they complain, they may lose their jobs and won’t be likely to get another job with the same pay.  This makes the bills seem bigger, even if the bills don’t increase, and we all know that bills won’t stop the uphill climb.

So now it costs the employees more as they learn to ‘do more with less, and less, and less…’ while the employers collect more for doing less.

I don’t mind China having a middle class, but why couldn’t they get their own instead of taking ours.  Thanks to ‘to big to fail’ banks and businesses for giving that to them.

About rossmeister

Husband, Father, Have Cats, Philosopher on World Issues, Future Author, Aviation Technician, Hate Snow and winters longer than three months. If you want to argue a point with me, pretend that I'm a judge in a courtroom, and you need to tell me the facts as you know and see them so you can argue in the attempt to win your case. There are no guarantees that you will win, but your chances are better if you use this method.
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5 Responses to China’s ‘New’ Middle Class

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  5. rossmeister says:

    In looking at the Middle America Reform Party Blog, I added this Comment. [I do not disagree, and plan on reading more of their blog posts, but I won’t say that I agree yet either, since I haven’t read much yet]–after reading further and determining that 12,000 politicians in Congress would cost over a billion dollars a year with their plan, we would be driving our economy further toward a depression with every minute that they would be in gridlock. I guess I’m fishing for further opinions and information to determine whether I’m on the right track or not. If you feel that this is a valid opinion, or completely off base, please comment.
    The biggest problem with increasing the number of politicians is that we can’t afford the ones that we have. We need to bring their benefits and pay under control before we can consider adding to the nightmare that they have already created. We can do this by making it so they can’t give themselves pay increases, but must vote to increase the next group of politicians increases (four years down the road, not two). This isn’t a perfect idea, but it may hold them back.
    Also, they can no longer give a cost of living raise in a percentage of pay, but a dollar amount. It costs them the same amount for a hamburger or a jet plane as it costs us for the same items, and a percentage increase makes the gap between the middle and upper class wider every time that they do a percentage increase. This brings what used to be the middle class, closer to the lower class with each increase. Middle class percentage increases do not cover the cost of the increases in the bills that we receive.
    Further, the top of our political system Shall Not give themselves any benefits that they restrict from anybody else that is a legal citizen, able to vote in the United States.

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