Simple question. I would think so what with the recession, high food/gas prices, college debt, and high unemployent. And many reports have said the gap between the rich and the poor is growing larger.
Well I know we're always going to have it. But how much will it change in the future? Will the middle class be less relevant then it is today?Matthew94 said:Because it's the middle it can change but it can't go away.Saucycarpdog said:Simple question. I would think so what with the recession, high food/gas prices, college debt, and high unemployent. And many reports have said the gap between the rich and the poor is growing larger.
It may have less people and the conditions of the "middle" may be altered but it will remain.
Well... in the States the middle class didn't really exist as a major thing until after the Depression.erttheking said:If the middle class can survive the great depression, it can survive this.
The middle class isn't simply those who make the middle amount of money, it's actually defined more closely with the standard of living maintained by it's occupants. Those who make enough to be more than self sufficient with a secure job, stable home, healthcare, transportation, higher education for children, available vacation, and enough money to retire but who still need to work to maintain this lifestyle.Matthew94 said:Because it's the middle it can change but it can't go away.Saucycarpdog said:Simple question. I would think so what with the recession, high food/gas prices, college debt, and high unemployent. And many reports have said the gap between the rich and the poor is growing larger.
It may have less people and the conditions of the "middle" may be altered but it will remain.
Well, I'm IN that middle class. The recession's a ***** but standards of living haven't quite been Great Depression era. After all, this recession is monetary in origin, while the real one had such problems as a dust bole ruining the ability to produce crops. Finally, middle class fluctuates, alot, because there is indeed a huge gap between rich and poor. The rest of us are the cream of a double-stuff Oreo with extra filling.DVS BSTrD said:You don't think the middle class is getting poorer?FalloutJack said:No, it's not. Middle class is every person who is neither poor nor rich. That is, someone who is not living in a mansion with wine and steak on tap, but neither is that person necessarily threatened with hunger or an inability to pay for basic utilities.
What is happening is that the rich are getting richer and the poor are getting poorer, and the middle class are caught in the eye of the storm.
^This.FalloutJack said:Well, I'm IN that middle class. The recession's a ***** but standards of living haven't quite been Great Depression era. After all, this recession is monetary in origin, while the real one had such problems as a dust bole ruining the ability to produce crops. Finally, middle class fluctuates, alot, because there is indeed a huge gap between rich and poor. The rest of us are the cream of a double-stuff Oreo with extra filling.DVS BSTrD said:You don't think the middle class is getting poorer?FalloutJack said:No, it's not. Middle class is every person who is neither poor nor rich. That is, someone who is not living in a mansion with wine and steak on tap, but neither is that person necessarily threatened with hunger or an inability to pay for basic utilities.
What is happening is that the rich are getting richer and the poor are getting poorer, and the middle class are caught in the eye of the storm.