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The rich get richer and the poor even more poor

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The land of the rich

This statement could not  be more true when talking aboute the United States of America. It has always been the land of hopes and dreams, but when all comes to all, it seams as if, it still is more fun to be rich in the US.

The real wages

There has the past twenty years only been rises in the real wages for the richest part of the population. This is not only unfair, but also unwise. I mean, there is no question that the middelclass is the greatest class as a whole, and therefor ought to be looked gently upon.

Finance by loans

A consequence of this unfair spredding of finances is that the middelclass has been financing the years of wealth with loans while the rich have skimmed the creame!

The wealth is gone

Now that the wealth is gone the loans do however still exicist. This situation makes it even harder to manage through the financial crisis that we are experiencing. The middelclass should not be have to get into debts when times are good, this might end up being a great problem.

Written by admin

december 31st, 2008 at 10:27 am

Posted in economics

Tagged with , ,