Michael Snyder
Economic Collapse Blog
September 10, 2018
The middle class in America is being systematically eviscerated right in front of our eyes.
I don’t normally do this, but today I want to share with you an email that was recently sent to me by a reader. I asked for permission to share her story with all of you, because I think that it will be encouraging for a lot of people out there to understand that they aren’t alone. In this supposedly “booming” economy, millions upon millions of American families are barely making it from month to month even though they are working as hard as they possibly can. But because the mainstream media has been endlessly touting “good economic news” for the last several years, many of those that are struggling end up believing that something must be wrong with them since they aren’t participating in all of the “prosperity”. But of course the truth is that almost all of the economic rewards have been going to the very top of the economic pyramid. Meanwhile, the middle class continues to shrink and more families fall into poverty with each passing month.
As you read the email that I am about to share with you, there are several things that I want you to notice.
#1 These people are not lazy. The husband has a good job for the area in which they live, and the wife is working very hard to bring in some online income as she takes care of the kids. So neither of them would be considered to be “unemployed”.
#2 They are also very frugal. They have cut expenses as far as they can, and they are still not able to make ends meet.
#3 They are being crushed by medical bills. Our healthcare system is a completely and total nightmare, and there are no solutions in sight. Thanks to the Democrats, soaring health insurance premiums are absolutely crushing middle class families. And the Republicans have had almost two years…