On The Progressing Extinction Of The US Middle Class Submitted by Tyler Durden on 03/14/2013 14:14 -0400 Ben Bernanke headlines Reality Beneath the positive headlines Bloomberg's Joe Brusuelas notes that there is evidence that a good portion of consumers continue to face a difficult adjustment to the $125 billion tax hike in January and the 15 percent increase in gasoline prices during the past four months. Spending among the upper quintile of income earners is masking weakness elsewhere but it is jobs headlines that are really hiding the dismal reality in America . As the following chart shows, confirming our earlier discussion , the middle-class income-earner is becoming an endangered species (with no 'conservation group' willing to stand up for them) as the government holds the lowest income earners' hand and Bernanke the highest. Charts: Bloomberg Average: 5 Your rating: None Average: 5 ( 9 votes) Tweet Login or register to post comments 13873 reads Printer-friendly version Send to friend Similar Articles You Might Enjoy: The Morning After Guest Post: Who Destroyed The Middle Class - Part 2 Guest Post: Who Destroyed The Middle Class - Part 3 Overnight Sentiment: No Progress Means Lots Of Progress Guest Post: Alert: Nuclear (And Economic) Meltdown In Progress
标签: elsewhere经管大学堂：名校名师名课
京公网安备 11010802022788号
论坛法律顾问：王进律师
知识产权保护声明
免责及隐私声明
