Thursday, December 10, 2015

Obama's middle class economics at work: Middle class adults outnumbered by upper and lower classes for the first time in 2015

Pew reports here:

80.0 million middle income vs. 51.6 million lower and upper income in 1971, but 120.8 million middle income vs. 121.3 million lower and upper income in 2015.

The middle still outnumbered the lower and the upper by 3 million in 2011, but not anymore. This is what Obama meant by "Forward!" in 2012. Reducing the size of the middle class is the long-stated objective of the communists.

"[T]he lower middle-class masses are the most dangerous enemies of the dictatorship of the proletariat. ... Their special interests are absolutely incompatible with the economic disturbances which are the inevitable accompaniment of transitional periods."

-- Bela Kun

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