Needless to say, a tremendous squeeze has been put on the middle class.In many families, both the husband and the wife are working as hard as they can, but it is still not enough. Census Bureau, 49 percent of all Americans now live in a home that receives money from the government each month.And of course the numbers above are only for those that are actually working.As I discussed just recently, there are 7.9 million working age Americans that are “officially unemployed” right now and another 94.7 million working age Americans that are considered to be “not in the labor force”.With each passing year, it becomes cheaper and more efficient to have computers, robots and machines do things that humans once did.Eventually, there will be very few things that humans will be able to do more cheaply and more efficiently than computers, robots and machines. In this vision of the future, super-smart machines will best humans in pretty much every task. For decades, we have been training our young people to have the goal of “getting a job” once they get out into the real world.When you add those two numbers together, you get a grand total of 102.6 million working age Americans that do not have a job right now.
“If you’ve no debts and have in your pocket you have more wealth than 25% of Americans.With each passing day, more Americans are losing their spots in the middle class and this has pushed government dependence to an all-time high. Sadly, the trends that are destroying the middle class in America just continue to accelerate.With a huge assist from the Republican leadership in Congress, Barack Obama recently completed negotiations on the Trans-Pacific Partnership.Also known as Obamatrade, this insidious new treaty is going to cover nations that collectively account for 40 percent of global GDP.Just like NAFTA, this treaty will result in the loss of thousands of businesses and millions of good paying American jobs.