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PornGuy, Kane...
Both wrong.
Problem is Middle Class Jobs are gone. It has nothing to do with Middle Class spending.
Middle Class spending was staple to the economy but since no more middle class jobs are about that spending is now gone from the economy.
Where did Middle Class Jobs go? Off shore.
If politicians were serious about getting the American Economy back on its feet they would pass measure that encourage corporations to come back to America and start manufacturing again. Right now Corporations are virtually paid to go offshore and send the shit into America at nearly no cost using cheaper unsafe, un-insured labor and often slave labor found offshore.
Right now the USA is the biggest and largest consumer of Slave Labor products in the world. Americans have forgotten the pride in what "Made In America" means and stands for and most Americans give two shits less about the cheap TV and how it was made.
When something is Made in your native country there is pride knowing the money you spent to get it went to your fellow people and country. Americans just do not give a shit and happily traded the middle class for cheaper goods.
Coupled with greedy bitch financial industry stoking the fire did not help charging any imaginable thing and while doing outright fraud on a massive scale. The rich and well to do have cannibalised America and still in the process of finding new ways to exploit the people with lobbying efforts to politicians/Law Makers to make it easier to rip us all off.
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