The middle class is being overburdened. That's all! From what I think, we're heading toward a 2 class system. The very wealthy (the 1000 billionaires we have in this country) and the masses (the 300,000,000 rest of us). Even many millionaires (single million) are having a hard time. Anyway, a lot of the people who were considered middle class are losing all they own; losing their jobs; losing their pensions; losing what have you; while the chief officers are only seeing their salaries get bumped up. No biggie. Yup.
Right. No biggie at all. The bar is being raised for standards of living. And what was supporting it before is no longer viable or as viable. It'll still come down to a certain degree as to what do YOU need to have to maintain YOUR standard of living...while at least keeping in mind the factors that are playing out now, if not others....