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The erosion of America's middle class

1 pointsby Rodalmost 15 years ago

1 comment

jleyankalmost 15 years ago
This is a messy subject, tied into globalization. Yeah, it's nice having cheaper stuff at Wal-Mart, but you need a job to be able to consume. I worry we've gone past the balance point, with too many lost jobs/customers.<p>Things tend to be cyclical, but that doesn't mean the next few months/years will be easy.