This phenomenon of the Middle Class is swiping right across the world - who is benefiting, governments, business or people in the middle class? Fascinating thing about most people, they regard themselves as the middle class, even those by true definition are in the lower class, basically poor. More than 50% of a middle class family is spent on their house and car payments. It is in no one's interest for the decline of the middle class, not the government, elites and the people themselves. One thing is for sure, not only is the middle class a market force, but a global force, however divided by politics.
Source: Huffington Post January 16, 2017 06:35 UTC