The Traderszone Network

Published in TZ Latest News 7 May, 2014 by The TZ Newswire Staff

How The Middle Class Lifestyle Became Unaffordable

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

There are four structural drivers behind the soaring costs of the middle class lifestyle.

Why have the costs of a middle class lifestyle soared while income has stagnated? Though it is tempting to finger one ideologically convenient cause or another, there are four structural causes to this long-term trend:

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