The American Middle Class Is Shrinking Everywhere
By Hunter Wallace
Give the Democratic Party some credit.
Their solution to this massive problem is to nominate an establishment insider, handpicked by the superdelegates because it is “her turn,” who has been in politics for 25 years, who is the favorite candidate of Wall Street, and whose husband’s globalist economic policies in the 1990s – NAFTA, the WTO, “Financial Services Modernization,” etc. – were one of the major causes of this fiasco.
It is a bold play. If you oppose Hillary Clinton, they must be counting on the “War on Women” narrative to carry them to victory:
“The great shrinking of the middle class that has captured the attention of the nation is not only playing out in troubled regions like the Rust Belt, Appalachia and the Deep South, but in just about every metropolitan area in America, according to a major new analysis by the Pew Research Center.
Pew reported in December that a clear majority of American adults no longer live in the middle class, a demographic reality shaped by decades of widening inequality, declining industry and the erosion of financial stability and family-wage jobs. But while much of the attention has focused on communities hardest hit by economic declines, the new Pew data, based on metro-level income data since 2000, show that middle-class stagnation is a far broader phenomenon.
The share of adults living in middle-income households has also dwindled in Washington, New York, San Francisco, Atlanta and Denver. It’s fallen in smaller Midwestern metros where the middle class has long made up an overwhelming majority of the population. It’s withering in coastal tech hubs, in military towns, in college communities, in Sun Belt cities. …”
Note: The middle class is declining in Germany too. This is interesting in light of some of the debates we had here about free-trade in the European Union.