Decline of the Middle Class
Throughout the past century, the middle class has emerged as a vital part of the North American psyche. Even today, many people classify themselves as a part of the middle class, regardless of their actual income level. However, this perception is incorrect. In the past 20 years, the middle class has been declining, primarily as a result of past political interventions and job polarization throughout North America. The subject of middle class is very controversial, and depending on how it is defined, many different conclusions can be drawn regarding the subject. It is not fair to judge a declining middle class without taking into consideration many other aspects that contribute to this class. The following report will detail many aspects that have contributed to the decline of the middle class; including events of the past that have shaped the middle class today as well as conditions today that may affect us in the future.For the purposes of this essay, the middle class will be defined as households with income between 75 percent and 125 percent of the North American median. Many other factors must also be considered when analyzing the middle class, such as, social criteria, educational levels and occupation. Regardless of the
Louis S. Richman, "The New Middle Class: How it Lives," The Economy: 1, August 1990 [article on-line] available from http://infoautics.com; Internet; accessed 17 April 2000. Molson, Eric., "Middle Class," Social Trends: 1, May 1998 [article on-line] available from http://infoautics.com; Internet; accessed 17 April 2000 Phillips, Kevin., Boiling Point. New York, NY: Random House, 1993.
Some common words found in the essay are:
North American, North Americans, North America, Statistics BLS, War II, middle class, American Middle, Lives Economy, Economy Business, McDonald's K-Mart, Social Trends, april 2000, north america, 17 april 2000, internet accessed 17, http//infoauticscom internet, internet accessed, on-line available, 17 april, article on-line, available http//infoauticscom, on-line available http//infoauticscom, available http//infoauticscom internet, accessed 17, accessed 17 april,
Approximate Word count = 2040
Approximate Pages = 8 (250 words per page double spaced)
|
