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RE: In the U.S. what is happening to the middle class?

in #economy7 years ago

If you happen to be on the lower part of the middle class and thus you get no wage increase from a minimum wage increase then as prices adjust and rise and inflate to compensate for needing to pay higher wages as they always do. Soon the lower class is back in the same position they were in before the minimum wage was increased.

Yet there are more of them. There are less middle class.

Yup, great summary of how it works. Moving goal-post fallacy of sorts lol. Put a new marker here for +$2, but then the prices need to go up to compensate., so +$2 to the prices. Then nothing changed, except the middle class never got the bump.

Each time the "poor" minimum wage goes up, it makes the middle class get closer to that minimum wage lower end class, not raising the minimum wage class higher.

Simple math for all our great "leaders" to understand right? hehe

As for how to change this. As you say and I do in my work, it's the pleasure trap "feel-good" focus, which I have an intro presentation on it done for posting.

My work into truth, moral truth and consciousness/psychology, has led me to identify the WHY/root causal factors as such: #3 pleasure -trap "feel-good" focus, #2 belief over verifiable truth, and #1 consciousness itself as the root lack of self-knowledge from which these secondary falser modalities of living develop. All my main original work seeks to develop understanding on these topics to overcome our conditioned limitations. Evolving consciousness is the key. Truth will set us free :)

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