Post
Topic
Board Economics
Re: How do YOU define the classes?
by
username18333
on 31/01/2015, 06:30:51 UTC
. . .

Everyone else is in the middle class. Someone may be a professional like doctor or a dentist making $500,000 / yr. but if he stops working, he stops making money. When people talk about the middle class shrinking, to me this is what they really mean, whether they know it or not. Each day, more and more Americans are becoming dependent upon others to survive. When our leaders and politicians talk about "the rich" they are referring to these people, not the rich as I've described above. The upper class has all kinds of tax breaks that protects them because of the way they make their money. Our nation is becoming more and more dependent upon the middle class rich taking care of the poor and they are being taxed more and more and working harder and harder just to make ends meet. While the ones at the top just keep finding it easier and easier to make even more money.

I believe that very soon, possibly within just a few years, there will be no middle class at all by this definition. Everyone is going to be receiving help just to survive, except for the upper 1% who will be making even more money by that time.

. . .
(Red colorization mine.)

How would that “help” (keelba) ultimately be funded?