Do you think you are “middle class?” Most likely you are not, although your parents and grandparents were.
From an economic, tax and family perspective we have been degraded closer and closer to a third world, working poor status. The middle class today rarely exists as it did when it was created after WWII, yet most people believe they still enjoy an American Middle Class Life.
Working with middle and lower class families and businesses for almost 30 years, I can honestly speak to this with more true experience than most people. We cannot take more of the same as the Globalists from BOTH parties have built a new feudal system the past 40 years. Here is an essay I wrote on the reality of the middle class. This should get everyone angry, and now with Trump, although he is far from perfect, we have a chance to break the Globalist plan finally. If my great grandparents, that immigrated here so long ago, could see how we are living in the USA now, they would never have come on the boats that brought them here.
The “Middle Class” has not existed in decades. Being middle class is a great myth that people still believe about themselves, and it has been propagated constantly by the government and media. After WWII, the traditional middle class came into being. What are the hallmarks of a middle class life? One wage earner, one spouse dedicated full time to raising children and maintaining a home, full benefits packages, pension plans that provided true retirement income for life, normal work hours (40 hours), leisure time with family.
At that time, there were, of course, working poor and lower class families. What defined those compared to the middle class? Working poor and lower class families had both parents working, had other people raising their children during the day, and lived paycheck to paycheck. They did not have pension plans that provided them real retirement income they could comfortably live on post-retirement.
So, under what definition do you and your family fall into?
Many of my clients wrongfully believe they are middle class, but most are far from it unfortunately. They are working poor and lower class using the true historical definitions of those terms.
The true middle class is a very small percentage of the population today. The government and corporations propagates the “You Are Middle Class” myth. Decades ago, most people were middle class, but not today. Now, they are working poor and lower class. If those who wrongfully believe they are middle class could see the reality of how low in economic and social class they truly reside, this could be the catalyst for political and economic change around the world.
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Chris Whalen, CPA
(732) 673-0510
79 Oak Hill Road
Red Bank, NJ 07701
www.chriswhalencpa.com
