Gawker’s Hamilton Nolan on the dying middle class:
“We have become and will become ever more so a nation in which a vast economic underclass caters to a tiny upper class that possesses the lion's share of the wealth, which it gains to selling goods with built-in obsolescence to that underclass, which still believes, wrongly, that it can approximate the middle class lifestyle by falling into debt in order to purchase consumer goods which create the shared illusion of superficial prosperity.
In the Middle Class Museum rests the sarcophagus of a mother and father with public high school educations who raised a family and sent their children to college and retired at 65 and did not die in debt. History is full of wonders.”
We could change the trajectory.