Ok, you probably heard this already. But President Obama is coming to the Edison area (which a lot of people thinks is also the Iselin area) on Wednesday. This could be really bad for traffic. (I didn't find a lot of details about it yet, but you can read about it here.)
I would like to talk to the President about the economy. I've got some serious problems with the shrinking of the middle class. I just read another article, here... it gives a ton of statistics showing that the middle class in America is disappearing. I have serious problems with the middle class disappearing. America was built on the foundation of a strong middle class. Heck, Iselin is founded on the middle class.
The article, like I said, gives a ton of statistics. Obviously you can manufacture statistics to prove your point any way you want to go. But there are so MANY of them here; plus, I don't think anyone is denying it.
The worst part of the article about the great shrinking middle class of America? No recipe to fix the problem. It's frustrating.
So, President Obama, what do YOU plan to do to fix the problem?
i can understand the confusion between edison and iselin. if you say edison and iselin really fast for several times, the words rather run together. it comes out *iseson* after a while.
ReplyDeleteand you have it all wrong, sue. it isn't the shrinking of the middle class, it's the expansion of being poor that is the problem.
here in california, the unemployment rate is nearly 12%. but that doesn't count all the under-employed people who work part-time jobs to get by, and it doesn't count the people who have simply given up looking for work. the real unemployment rate is more like 18% here.
imagine nearly 1 in 5 employable people without jobs. i have neighbors down the street who are soon losing the home they have lived in for more that 20 years to foreclosure.
whatever the president does, he has to get jobs growing again if we are ever going to have an economic recovery.
with good jobs, the ranks of the middle class will expand again.
You are right, Sera... because if the middle class was shrinking because too many of them were becoming more wealthy, it wouldn't really be a problem, would it?(I know that compared to much of the rest of the world, America is incredibly wealthy.)
ReplyDeleteI read an article that compared the current recession to the great depression. It said that the statistics from the Great Depression showed a higher unemployment rate than today, but that today, they've stopped counting some of the people that have given up looking for work, and they are looking only at people over the age of 18. If unemployment statistics where compared equally from then to now, today would again be considered a "great depression."
Or maybe I'm just feeling it more because I'm unemployed?