Originally posted by ipsedixit
This squashing of the middle classes has been sneaking up on us for quite some time. If you depend on the mainstream economic structures for your
survival you are in trouble. My advice is to start forming networks and combines of your own to fight the large organizations that want to turn you
into a peon. If you know of a company that closes plants in your country and ships jobs overseas, don't buy their products.
Parts of the US are having problems. The NE has been loosing jobs and whole indrustries for decades. The jobs are not only going over sea's but
companies have also moved to to the SE because of the high taxes and anti-business regulations that NE states impose on them. When I had my trucking
company in NY we had to deal with all kinds of regs that you don't have to in the south or SW.
I live in Vegas now but you really can't compere Vegas to other cities. We have nonstop growth here. The housing market while softening is still very
strong. Here if you want to work you will make a good living.
The only state in the SW that has problems is Cali and it's all because of how they run that state.
States like NY, CA, MA and others that are having problems think that they can keep taxing their way out of it. They don't want to change. So they
will keep loosing jobs, indrustries and people to other states.
I grew up in NY and it is a great place to live but it got so that there was no work. My parents pay nearly 8 grand per year in property tax on a
house that is worth 120 grand in Vegas the tax on a 600 grand house is around 3 grand. I can go on and on. When I left for Vegas I said it was like
when my grand parents left Italy. There was no future for them so they came to America. It's the same when we move from the NE for other states.
Back to the topic, it depend where in the US you are when you say the middle class is shrinking. I believe they are just moving to where the jobs, and
lower taxes are.
