America's low savings rate

[Macdonald Stainsby]

>
>  My grandparents on my
> mother's side were both member of the American Socialist Party back in the
> 20s, then they joined up with the Democrats when Eugene Debbs joined up with
> the Democrats. I imagine in their youths they might have fought for
> something more radical than everyone joining the middle class, but of what I
> knew of them, and of what my folks fought for too, was the ideal of everyone
> belonging to the middle class. It certainly seemed possible for awhile, back
> in the 50s and 60s and 70s, when strong unions made working class jobs pay
> just as much as middle class jobs.
>

Making (or rather, workers taking) more here (this hypothetical middle class)
from wages has meant (in order to compensate) that the Third World has been
turned to more often by corporations. Middle Class everyone was not only not the
dream for most of the world, listening to others talk of it was precisely part
of the nightmare.

Macdonald