I think a lot of our problems come from the fact that family income has been stagnant while many fixed family expenses have gone way up. Families had more income a generation ago with one worker than families have now with both parents working. It creates systemic problems, both financially and socially.
This video is a worthwhile watch. The talk starts at about 5:00. She doesn't really touch on the political implications, just explains how we got where we are now, and where it could lead. Very thought-provoking.
YouTube - The Coming Collapse of the Middle Class
This video is a worthwhile watch. The talk starts at about 5:00. She doesn't really touch on the political implications, just explains how we got where we are now, and where it could lead. Very thought-provoking.
YouTube - The Coming Collapse of the Middle Class