Earlier quoted context omitted.
>The parasitic elite have been destroying the core of this country for almost half a century Yet over that half a century the standard of living in the US has vastly increased, so much that the US poverty line is in the top quintile of world incomes. US Median household wealth adjusted for household size changes and inflation has increased 50%. That's a massive increase [1]. The middle class has shrunk; because more…
I'm not sure how this demonstrates your point. The rich get richer. US households have changed dramatically since 1967. There's participation of women in the workforce (up about 20% https://www.bls.gov/opub/mlr/2002/05/art2full.pdf ), housing prices have gone up about (~800% https://dqydj.com/historical-home-prices/ ) - home ownership being the hallmark of the middle class, and the wages of the middle class have incr…
The parasitic elite (in the US) have CRUSHED the working class by ensuring that entering the middle class is as difficult as possible, while the middle class have largely used property to boost themselves into their own generational wealth. The inflation has been due to US debt, which comes from Military spending, QE, etc. The public market has been dominated by large brands who have a slew of predatory practices (looking at you JPM Chase, Apple, Bank of America, etc). NIMBY policies (by the newly elevated middle class, clutching their pearls) and work centralization in dense urban settings, has hurt the whole situation...but there's hope with Covid, ironically. That's what I believe based on my own observation (and experience).