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News & Current Events (Articles Required)
29% of households have jobs but struggle to cover basic needs
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<blockquote data-quote="seeking.IAM" data-source="post: 77662085" data-attributes="member: 27709"><p>For there to be a middle class, there also has to be a lower economic class. Part of the problem facing America is that no one wants to live like they are in that lower economic class. We can't all live in a $300,000 house in suburbia, drive the latest shiny automobile (or two) with all the latest tech, have an i-phone, and feed cable into our 50-inch flat screen. But we think we deserve it, we are entitled to it. So, we carry debt up to our eyeballs and struggle to meet what we think are our basic needs. In the meantime, our jobs go overseas to people willing to work for lower wages, people who don't have all the things we think we need to live satisfying lives.</p><p></p><p>One of the worries I have had for my own children raised in the middle class is that they really don't know how to be poor if life circumstances ever changed requiring them to be. Those of us who grew from poverty into the middle class at least know how to be poor if we'd have to do it again.</p></blockquote><p></p>
[QUOTE="seeking.IAM, post: 77662085, member: 27709"] For there to be a middle class, there also has to be a lower economic class. Part of the problem facing America is that no one wants to live like they are in that lower economic class. We can't all live in a $300,000 house in suburbia, drive the latest shiny automobile (or two) with all the latest tech, have an i-phone, and feed cable into our 50-inch flat screen. But we think we deserve it, we are entitled to it. So, we carry debt up to our eyeballs and struggle to meet what we think are our basic needs. In the meantime, our jobs go overseas to people willing to work for lower wages, people who don't have all the things we think we need to live satisfying lives. One of the worries I have had for my own children raised in the middle class is that they really don't know how to be poor if life circumstances ever changed requiring them to be. Those of us who grew from poverty into the middle class at least know how to be poor if we'd have to do it again. [/QUOTE]
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