Middle class importance
The U.S. economy is in dire trouble. Everyday I read the news and look around, all I see is a growing disparity between the economic health of the day prior. There is no repair in sight. I honestly will take the next ticket out of here as soon as I can to avoid the true crash of the American economy.
The best way to see the American economy is to view it as a factory where there are 3 types of machines, the upper class machine, middle class machine, and lower class machine. Each machine has a production level and a cost. It is such a messed up system that it is pretty much guaranteed to fail in the future. For example, the middle class is the cash cow. They provide the economy with a majority of it’s taxes, work the best jobs, receive the fewest benefits, spend the most, and has the lowest incidence of crime. This is all while the low-income receive seemingly unlimited welfare, foodstamps, medicare, unemployment insurance, highest crime rate and devaluation of property, and in california they can even get their utilities paid for on a regular basis. The upper class is just a sitting duck of savings and expansion of business to provide jobs for the people down below. They earn a ton, pay some taxes, overall, they don’t do much since the true upper class has enough money to pay people do it for them. These are all generalizations btw.
The problem with this model is that the factory that holds all these machines needs to take care of all 3 but at the moment only takes care of 2. The factory owner only takes care of the upper and lower class machines while the actual machine that makes them the most money is neglected. The problem with this is that without caring for the middle class, a large portion of them drip into the lower class. This causes a growing disparity of the disappearance of a middle class. In the end, there will be less income for the factory but increasing costs for the lower class because it grows in an almost guaranteed fashion. This is inevitable with our current economic model or at least that is what I believe. The taxes levied on the middle class are the only ones that grow and are truly enforced. The IRS audits the middle class (25k-200k) the most often and the fastest (I should cite my source but just look it up yourself on google). The IRS beats up the middle class because they actually have assets to lose and are the best “bang for the buck” when they are hit. On the other hand, the lower class has little to no assets to lose and thereby are overlooked for the most part.
Unless the U.S. decides to stop playing nice and make some rapid chances to the economy’s infrastructure and focus, it will fail. I’m all about helping the poor but this “help” is stifling and mass cuts of funding will not change anything. The country must try to utilize it’s people and assets are efficiently as possible to survive and sadly, it must either trim the fat and run lean or it will not survive in the world market and changing times. The only way to change it is to remove unnecessary red tape and give more power, security, and benefits to those who actually work for the country, the middle class.
