Death of the American Middle Class Pt 2

After WWII America created a large and prosperous middle class workforce. Beginning in 1980, the oligarchy set out to destroy that middle class, and the destruction is now almost complete.

The middle class is now buried in debt, jobless and without adequate savings or safety nets.

Category:

News & Politics

Tags:

• middle
• class
• economics
• working
• reaganomics
• trickle-down
• neo-liberal
• china
• trade
• NAFTA
• ross
• perot

[MrRedwoodGuy]

UCF - -

They are not "so-called rich" - they are rich. And 70% was the marginal tax rate from WWII until 1980 - the period we now call the Golden Age of middle class America. It was the most successful period the middle class ever enjoyed. So, 70% apparently was just about right.

[MrRedwoodGuy]

The movement of capital, resources and goods is a defined process. People can and should have the (democratic) powers to define that process as best suits their interests. That's what defines a "nation." To the degree that the people's interests are not being served, describes a process which is undermining those interests. Usually, it is a conspiracy. e.g. A banker bribing a Congressman to vote for gutting regulations, is a simple conspiracy. It's really simple.

[AwesomeBeatles]

These ultra wealthy change the laws to benefit themselves , then buy the politicians with all the money they have, then they say I am playing by the rules. Reagan was a tool for the Federal Reserve familes. Watch "America, Freedom to Fascism", on You Tube. Also, we should be paying zero interest. We have this whole class of bankers, who do not add value to anything, just living on the backs of the workers. Wake up slaves.

[ucf1999]

you stupid morons 70% taxes for the so called rich is BULLSHIT.

Everything women in this country have to be thankful is in the private sector.

All this amounts to is jealousy. All boomer I knew who were poor in this country screwed themselves in the ass back in the 1970s

I do admit though we have to bring the labor force to 30% factory manu. etc. A balanced labor is crucial to the stability of our currency. Stop mindless sending the kids to college when they shouldnt be there

[razorboots]

At least Reagan was a republican. Clinton was supposed to be a democrat

[htgajjar]

REAGENOMICS = DESTRUCTION OF MIDDLE CLASS AND DESTRUCTION OF AMERICA.

[Duck4212]

Great and true video. It's about time Americans woke up the facts brough forth in this video.

[arzoyan]

USA and the rest of American Continent was conquered by genocidal European mercantile military. Since its Independence from English absolutist Monarchy its been controlled,ruled andmanipulated by FINANCIAL MAFIA of certain FAMILIES. USA has never been a democracy and its so called middle class was relatively better off WORKING MEN AND MEN , dont shed crocodile tears for a few sold out working classto MONEY SYSTEM.

[johnny991965]

The real problem is that the working man votes for the LEAST worst candidates at elections. Thus endorsing the changes the ruling classes make. I am 45 and have never voted. So I'M not responsible for the situation deteriorating, the voters are. The ruling 'elite' only have their own self-interests at heart, they are amoral and greedy and corrupted by power. DON'T VOTE, and when the ruling classes see that they have no mandate to rule, a new system will be born, based on REAL democracy.

[panthera50]

Yep, the last war: poor against rich.

[jacopman]

our economy runs in conflict to our consitutional republic...........one will have to give and it looks like the republic is the casulty of this....