The US middle class is shrinking.. A smart boy with an HS education who worked hard could afford a wife and family before manufacturing left the US... and he paid is taxes.
If the middle class shrinks enough, you get Hugo Chavez.. The way forward is to invest in the American people. Even Saudi Arabia knows that.
I don't know why nobody has challenged your take, but I will! The middle class is not shrinking, because it is NOT possible. By math, the middle class grows as the country grows.
Now, if instead you are claiming that the those in the middle have less buying power, then that is true. But then again, the reason they have less buying power is simple------->the government takes to much of their earnings.
And why do they continue to take more and more?
Because our government continues to want to do transfer of wealth; from one person to the other. You get upset because you see it as the middle class losing ground instead of the rich. NOTICE, you never even suggest that maybe transfer of wealth is the cause, instead you insist that the rich aren't paying their fairshare. You never suggest that maybe the government shouldn't be trying to equal outcomes.
You people ALWAYS have to put your nose in everything, and to do it, you either have to take money from people, or print it causing inflation. Why don't you tell us since the time of JFK, how much in constant 1960s dollars the government spent then as opposed to now! And 70% of that payment is for social benefit, and yet you want MORE!