Originally Posted by pricejj
The problem is real wages are dropping and prices are skyrocketing. What you are left with is a vanishing middle class. Basically, an enormous permanent lower class (who can't even afford to put food on their table or own their own house), and a few wealthy elites who own all the resources. That isn't the American dream, and it isn't a recipe for success. In fact, it's eerily reminiscent of a fuedal system.
It also isn't based on federal budget deficits.
Very fixable by instituting a higher minimum wage and empowering unions.