I could just as easily say that this the result of 40 years of the upper class shifting the tax burden downward to the middle class, while lobbying for the passage of laws to ensure that all of the economic gains during that period are funneled upwards towards themselves.
Telling the middle class to tighten their belt because - despite a growing economy - there just isn't enough to sustain the lifestyle that their parents enjoyed isn't sound economic principles, it's class war.
I could just as easily say that this the result of 40 years of the upper class shifting the tax burden downward to the middle class, while lobbying for the passage of laws to ensure that all of the economic gains during that period are funneled upwards towards themselves.
Telling the middle class to tighten their belt because - despite a growing economy - there just isn't enough to sustain the lifestyle that their parents enjoyed isn't sound economic principles, it's class war.