"What has happened to the middle class as the rich got richer from offshoring their jobs?"
It grew. Exponentially.
It's why there are now more middle-class people on earth than not.
#135 | Posted by madbomber
Wrong dumdum.
As the rich got richer, everyone else got poorer.
Back when the rich were just millionaires instead of billionaires, a blue collar job could afford a house, a car, put a kid through college, and have a parent at home to raise the kids properly.
But then reaganomics happened and all economic gains went to the rich, while life got harder and harder for everyone else.
"What has happened to the middle class as the rich got richer from offshoring their jobs?"
It grew. Exponentially.
It's why there are now more middle-class people on earth than not.
#135 | Posted by madbomber
Wrong dumdum.
As the rich got richer, everyone else got poorer.
Back when the rich were just millionaires instead of billionaires, a blue collar job could afford a house, a car, put a kid through college, and have a parent at home to raise the kids properly.
But then reaganomics happened and all economic gains went to the rich, while life got harder and harder for everyone else.