Throughout this presidential campaign season all I hear over and over again is “the middle class.” In my mind I wanted to think that the middle class made up a large part of the population. I thought this because it seems to be what the President and his opponent to want to save, and accuse each other of trying to destroy.
I looked up the facts regarding class sizes.
In 2005 when the economy was booming and “things” were wonderful the class sizes were as follows:
Lower middle class was 30%
Working lower class made was 30%
Working poor was 13%
This leaves us with the upper middle class which was 15% then.
The capitalist were 1% and still are.
So what is the big fuss over this 15% of the population?
Well that was the question that I wanted to answer with my research, but I became curious over other facts. Once I saw the statistics I realized why the 1% doesn’t want to carry the tax burden. The lower middle class, the working lower class and the working poor make up 73% of the population.
Raising your standard of living has become the entire purpose for living. Mom works, grandma works, retired uncle works, disabled aunt works. Everyone has to work because we must meet our needs.
So back to the 1960’s when the per capita expenditures on recreation and meals rose by 40%, I asked how that could happen because in comparison to today’s standard of recreation it seemed to me that life was simpler then. There were no cell phones, no cable, no high speed internet and one car was enough for a family, and while they were working on it, there wasn’t a McDonald’s at every intersection.
In 1980, out of the 85 million households in the United States, 64% owned their own living quarters, 55% had at least two TV sets, and 51% had more than one vehicle.
What this says to me is that the standard of living index is measured by who has what and how much.
So when Westgate mogul David Siegel, which I consider in the 1% tells his sad tale of how he had to halt the construction of his 90,000 square foot home, not because his business is bad, but because “Obamacare” may cost him more to do business. Treating his employees fairly could cost him 20,000 square feet of living space. That would hurt a guy like David.
Most of us live within 1,500 square feet or less. Why is having 88,000 times more than the average person not enough? I’ve been asking this question over the years as I have watched more and more companies become detached from responsibility to employees. They offer part time work to folks who need to work full time, but they are afraid that they may have to give up a little more profit.
I’m all for profit. If you are going to have a business there would be no other goal. This profit margin got larger and larger for these capitalists. Again, 88,000 times more home than anyone. That is what the 1% is afraid of.
In an interview with Piers Morgan, Donald Trump was asked if we should all think big like him, and Donald answered:
“No, not everyone should think big, it would be too crowded up here and that wouldn’t be any fun.”
I rest my case.