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Old 02-16-2007, 06:05 AM
PPG PPG started this thread
 
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It seems that most hard working middle class people struggle very hard to keep from going broke. The cost of living is steadily rising while pay rates stay the same. It even seems that in a lot of cases a college degree is the new high school degree. So is the middle-class the new low-class in the near to distant future? Your thoughts..........

 
Old 02-16-2007, 06:37 AM
 
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Quote:
Originally Posted by pimpsgangtasandhustlas View Post
It seems that most hard working middle class people struggle very hard to keep from going broke. The cost of living is steadily rising while pay rates stay the same. It even seems that in a lot of cases a college degree is the new high school degree. So is the middle-class the new low-class in the near to distant future? Your thoughts..........
As long as the middle class continues to be required to provide for many in the lower class who have no desire to provide for themselves, we'll continue to be squeezed by high tax rates. The middle class will continue to exist, but the definition of "middle class" will likely be adjusted.
 
Old 02-16-2007, 06:59 AM
 
14,994 posts, read 23,913,959 times
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Quote:
Originally Posted by pimpsgangtasandhustlas View Post
It seems that most hard working middle class people struggle very hard to keep from going broke. The cost of living is steadily rising while pay rates stay the same. It even seems that in a lot of cases a college degree is the new high school degree. So is the middle-class the new low-class in the near to distant future? Your thoughts..........
The middle class are struggling hard....to keep up payments on there huge plasma TV, to pay for that 100% variable rate loan on the overpriced house, to pay off their SUV...
You get the picture. Consumerism and lack of self responsibility is the problem.

One correction to the above - housing prices are exceeding middle class affordability in many areas and that is indeed a problem.
 
Old 02-16-2007, 07:08 AM
 
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Good post Dd714. No one wants to take responsibility for their own well-being. Governmental policies have attributed to this problem. Everyone looks toward the government for help and we know what that got the people in Louisiana and Mississippi.
 
Old 02-16-2007, 08:01 AM
 
Location: Colorado
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What if you dont have a large tv, or new cars or any of those fun toys? Not everyone is that way you know, and we still struggle
 
Old 02-16-2007, 08:37 AM
 
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You still must pay high taxes to help support those who decide they don't want to support themselves.
 
Old 02-16-2007, 08:52 AM
 
5,019 posts, read 14,121,612 times
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Quote:
Originally Posted by pimpsgangtasandhustlas View Post
It seems that most hard working middle class people struggle very hard to keep from going broke. The cost of living is steadily rising while pay rates stay the same. It even seems that in a lot of cases a college degree is the new high school degree. So is the middle-class the new low-class in the near to distant future? Your thoughts..........
It was interesting, to me, how people define middle class:

https://www.city-data.com/forum/other...dle-class.html

A wide variety of opinions!

Many people have the middle class trappings: the large house, the new cars, the expensive electronics as mentioned above...but if they have no savings, no equity, and 10K in cc debt...are they really "middle class"? I'd define living paycheck-to-paycheck as "working class" no matter what the color of the collar.

You also brought up degree inflation. I agree its getting totally ridiculous. Read the classifieds lately? Companies want BAs for entry level secretarial and sales jobs. I mean, really, do you care if the receptionist scheduling your dental appt. has a college degree?
 
Old 02-16-2007, 09:11 AM
 
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I see alot of these posts about the "middle class". It's always the same old thing...I just wish people would wake up and realize that the middle class was used to provide a deposit base for the global ambitions of US corporations.

Just like the housing bubble...it was orchestrated folks!!
 
Old 02-16-2007, 09:31 AM
 
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Please, not another conspiracy theorist.
 
Old 02-16-2007, 09:36 AM
 
1,868 posts, read 5,684,140 times
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Quote:
Originally Posted by Amaznjohn View Post
Please, not another conspiracy theorist.
Yeah ..lol...I know.."Absence of evidence is not evidence of abscence!!!"
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