Thursday, December 10, 2015

No Middle Class? No American democracy

If you understand at all our system of governance here in the U.S. it has to have a large middle Class that is well educated in order to function well. Otherwise you have what we had after World War I which directly led to the Stock market crash with investors jumping out of windows in 1929 and the Great Depression. The ratio of the American public is as bad as it was in 1929 right now which caused the stock market crash of the Great Depression by the way. Basically it was mostly rich or poor and not enough middle Class to balance out the country. The Great Depression and untold suffering of everyone changed all that.

Let's just hope that isn't where we are headed once again as the middle Class gets smaller and smaller in the U.S. from 63,000 factories closing since 2001 and Globalization.

You can talk all you want to about how the U.S. raised the standard of living for most if not all countries on earth. However, if you have transferred so much wealth out of the country that this country flounders because it's governing system cannot function properly what good is that.

The U.S. cannot police the world if it is bankrupt and has no middle Class. So, one by one you are likely to watch countries we helped prosper collapse as governments one by one now.

Some people might think it is that the Republican party is losing more members as the die every day and these are not being replaced by young Republicans fast enough. But, it is important to realize the white majority of the U.S. is slowly going away too. And most people who aren't white vote democratic or independent or some other way anyway.

But, I don't think it is about too many white people dying and not enough being born. I think it is more about losing our middle class no matter what race you are.

No comments: