Dave Stancliff Americans Aren't Reassured by Economic Statistics, No Matter How Good They Look blogarama.com

Thursday, August 4, 2016

Americans Aren't Reassured by Economic Statistics, No Matter How Good They Look


                                        Good Day World!

There's a "hype" world, and then there's the real world.

The U.S. economy is still the biggest one on the planet, but that doesn't mean we have a thriving middle class. According to the Bureau of Economic Analysis, things aren't too bad.

That detailed analysis sounds like we're making progress economically, but all you have to do is look around for confirmation things aren't going well for the middle class.

A recent Pew Research Center report stated that the middle class is losing ground in nearly nine-in-ten U.S. metropolitan areas examined.

The ranks of the American middle class have sunk to a shocking new low:

The Rise and Fall of the American middle class

Here's a dozen facts about America's struggling lower-middle class.

Let's take a look at why the middle class is shrinking.

It's understandable that most Americans are worried about getting jobs/holding them, and surviving inflation. Most of the jobs available are service-related one's that pay minimum wage.

In the links provided above you'll find the reasons why things are going badly economically. What you won't find is answers to the problems. How do we turn things around for the average American?

Fear is driving this presidential election. I get that. When things have been bad people want a change. 

Hillary Clinton doesn't represent a positive change. She's connected to the corrupt establishment. 

Donald Trump represents change. 

Of course, no one (including the Donald) knows what he'll do if elected. That in itself is pretty scary. Based upon what we've seen of him thus far, we can count on an even more sharply divided country if he's elected.

You can't blame people for wanting change, but changes aren't always a good thing. In this case the voter might as well flip a coin.

One last thing: I'd really like to see the Democrats quit talking about how good the economy is statistically, and change their narrative to the reality of the shrinking middle class today.

Time for me to walk on down the road...

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