Why is it?
Answer:
Because the government is only concerned with making the rich man richer and the poor man poorer. As far as the middle class families the reason they are living paycheck to paycheck is because the poor man is living on the taxes they pay i.e. welfare checks, food stamps, medicaid. And the rich man is working the crap out of them to make him richer. Now we are all finally getting smart and starting our own businesses. Instead of making the rich man richer we are finding ways to improve services and we are doing some out of the box thinking to come up with jobs for ourselves. Due to downsizing we as a nation have been forced to rethink our positions. Some people that have gotten laid off from the rich man's payroll have became rich due to starting their own companies.
Partly capitalism itself; partly Republican fools in control.
Because the typical American worker doesn't know how to handle finances. They simply don't know how to live within their means. The ones who whine and complain the loudest are the ones who have the biggest houses and drive the most expensive (gas-guzzling) cars . putting themselves deeper into debt each and every day. They don't know how to develop a simple budget and live by it. This is something that should be taught in school .
People have a sense of entitlement that in my opinion comes from worshipping TV and celebrities. The new mindset is that we all should be able to drive BMW's, have big houses full of flat screen TV's and Thermador ovens, with a hot tub in the back yard. Credit used to be a sign of shame, only taken on under the direst of circumstances. Now it's a way of life, and people are only too eager to buy now and pay later. No one has concept of savings any longer. It's a real shame.
With the exception of families being raised by single parents who
can only provide one income,most can do better than that with a
little effort. Middle class families should definitely not have to use
credit cards to pay for food and heat. One problem is that
people waste their money in a variety of ways, the buying
of things that are unnecessary. If they learned to live within a budget they could afford without resorting to credit it would probably destroy the economy as almost everyone seems to have
gotten used to living beyond their means.
As for minimum wage,that should definitely be raised. It could be
made up for by not giving congressmen or senators any raises
for a year or two. It's not like any of them are hurting for money.
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