Mar 072011
“Unless things radically change the middle class will be gone within one decade.”
That is the conclusion reached by My Budget 360. They produce some impressive (depressing) charts to support their expectations. They are snapshots of a country dying and its people becoming poorer.
Can it be reversed? Of course it can. Will it be reversed? No, it is impossible within our political system until we hit rock bottom.
Then we will be fortunate to maintain our form of government, avoiding a totalitarian-type state. Most of the political class will be removed from office. Some likely will flee the country.
Representatives who have seen this Hell and are given a second chance by voters will not want to revisit it.