Bill McNeal wrote:Is there really a declining standard of living for the average American? I feel like most people are doing pretty well, it's still all over the board in terms of upper middle lower class, but is say that the lower and middle classes are more comfortable today than say 20 years ago.
Agree that we could allocate our resources a lot better but I don't think it's a dire as you are making it out.
The lower and middle class are far worse off than 20 years ago. We've grown as a country in a lot of ways since the 50s, but we've regressed as a nation who supports the lower and middle classes.