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Destroying the middle class

November 24, 2013
Parkersburg News and Sentinel

A prosperous economy rests upon a middle class financially capable of consuming the goods and services produced by the wealthy, the owners and managers of the means of production. Consumption is primarily carried out by the middle class. The poor don't have the ability to consume and the rich, after purchasing the limited amount of goods they need and a little that is mere extravagance, store the bulk of their wealth in savings.

 
 
 

 

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