Continued Notes on the Declining Middle Class

Jobs are being lost everyday due to the decrease in spending. Foreclosures are continuing and unemployment is rising due to low consumer spending. People are not able to "spend" as they are paying too much for the basic necessities of life such as housing, food and medical expenses. Many are loosing their homes and medical insurance as I write this and the homeless population continues to grow. Over the past twenty years there has been a constant increase in the population of the homeless in this country. The economy is fueled from the bottom up and not from the top down. The rich will only get richer and the poor will get poorer with this upside down way of conducting business in this country. Necessities need to cost what everyone can afford.