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December 10th, 2015 
Awake Goy 
Susanne Posel ,Chief Editor Occupy Corporatism | Co-Founder, Legacy Bio-Naturals
December 10, 2015
Pew Research Center (PRC) has published a survey on how the middle class is fairing and their conclusion is that this group of Americans are now an official minority.
The middle class is no longer the majority in the US. PRC stated: “In early 2015, 120.8 million adults were in middle-income households, compared with 121.3 million in lower- and upper-income households combined, a demographic shift that could signal a tipping point.”
Income to the middle class has dropped from 62% in 1970 to 43% in 2015 while the upper class take ahold of 49%. Wealth acquisition for the middle class has fallen to 1/4th of its original plateau when compared to the beginning of this century.
Phil Davis, stock strategist and entrepreneur, wrote in an op-ed piece : “Clearly people in the bottom 80% have no chance to save any money and are generally in debt up to their eyeballs so the WEALTH of the nation has tipped almost entirely into the hands of the top 10% and that is a number that is increasing rapidly.”
PRC argues that the “news regarding the American middle class is not all bad. Although the middle class has not kept pace with upper-income households, its median income, adjusted for household size, has risen over the long haul, increasing 34% since 1970. That is not as strong as the 47% increase in income for upper-income households, though it is greater than the 28% increase among lower-income households.”
Last year Harvard School of Business (HSB) published report warning that the continual widening of the wealth gap in America that is “unsustainable”.
The report warns: “We see a need for business leaders to act — to move from an opportunistic patchwork of projects toward strategic, collaborative efforts that make the average American productive enough to command higher wages even in competitive global labor markets. Without such actions, the U.S. economy will continue to do only half its job, with many citizens struggling.”
On a global scale, the middle class is transforming, as explained by the International Labour Office (ILO) released a report entitled, “Employment and Economic Class in the Developing World” which explains the phenomenon called “the developing middle class” who live life earning between $4 and $13 per day.
According to statistics, the ILO stated that nearly 3 billion people earn less than $2 a day. After almost 3 decades of globalization, the middle class has been down-graded to those who are earning just slightly above poverty levels.
The DMC represents 1.4 billion of the world’s population which is an estimated 41 of the global workforce. ILO analyzed data provided from surveys on 61 households from around the world and assumed figures to come to a mean-average.
Richard Freeman, economist at Harvard University, wrote a paper in 2006 entitled, “The Great Doubling: The Challenge of the New Global Labor Market” which outlined how “almost all at once in the 1990s, China, India, and the ex-Soviet bloc joined the global economy and the entire world came together into a single economic world based on capitalism and markets.”
The combination becomes a new proletariat class that fuels the markets and capitalism. These groups are easily moved into assumed service-orientated work to the benefit of those who own the corporations providing employment to the “new middle class”.
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