The American Middle Class is No Longer the World's Richest.
It is full of some good data but completely misguided analysis. Sure there are elements of truth here but they completely miss the REAL culprits of the income inequality and the losses in the middle class here in the USA. The solutions proposed are equally totally incorrect.
In order for a problem of this or any magnitude to be solved, we must first identify the true causes of the problem and do so separate of ideology, especially extremes in ideology which we see in this article. The true causes of the problem that is the subject of this article are much onerous than that discussed by these writers.
WAKE UP AMERICA! ……..Let’s make it about the true issues….US non competitiveness due to: mercantilist trade---over regulation---over taxation and lack of international tax competitiveness---poorly negotiated and enforced trade agreements, and yes we need a revitalized education system and vocational training system focused on developing the skills needed by innovators, builders, and manufacturers! Everyone can have an impact on getting the discussion on track…..become champions! Let’s become once again the world’s leader in innovating….making and building things and servicing this sector!
My new book , “Rebuilding America”, will be out soon and will address all of this in detail. I focus on what the real problems and solutions are.
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