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Royalty or Poverty?

2006-08-25 05:04:55 · 15 answers · asked by rabble rouser 6 in Business & Finance Corporations

You guys crack me up... anyone taking college classes in the last decade (or even pays attention to the news) knows that the middle class is definitely shrinking in the USA due to mass outsourcing by large companies... there is no argument amongst proffessionals on the subject.

2006-08-25 17:58:46 · update #1

15 answers

98% poverty...2% royalty. Most people will be considered poor, including myself. That's just the way that it seems to be when situations like that arise. My econ professor said if the middle class ever gets eliminated, the poor will be the majority of the population.

2006-08-25 05:09:06 · answer #1 · answered by Chris S 2 · 0 0

Poverty

2006-08-25 05:08:03 · answer #2 · answered by eugene65ca 6 · 0 0

That won't happen! I agree with Shar~N~thoughts. There will always be a middle class.

Thank about it. The middle class is the backbone of the economy and tax base. Without it, super-rich people will finally have to pay more taxes and work more because they won't have the middle class management chain they rely on so heavily today.

2006-08-25 07:27:31 · answer #3 · answered by holdemfoldem911 3 · 0 0

Poverty. According to the government guidelines I have always lived below the poverty level. As has dang near everyone I know. We have all worked hard all our lives and done right by other people but we still struggle to survive.

2006-08-25 05:09:25 · answer #4 · answered by dodgecitykitty1966 3 · 1 0

Poverty!!!

2006-08-25 05:09:09 · answer #5 · answered by Anonymous · 0 0

I'll be a Queen one day and a beggar woman the next. Talk about being on a rollercoaster.

2006-08-25 05:08:17 · answer #6 · answered by blunt_yet_sharp 2 · 0 0

People have been saying this crap for centurys. Middle class is not disappearing....get over it.

2006-08-25 05:07:27 · answer #7 · answered by ~Gate~ 5 · 0 1

middle class is the splitter for both the classes...no chances of disappearing

2006-08-25 05:10:52 · answer #8 · answered by Krish 1 · 0 1

Depends on the colour of my blood.

2006-08-25 05:07:21 · answer #9 · answered by Prof B 1 · 0 0

middle class dissapearing??

where would you get such a silly idea?

without the middle class- the top and bottom would never know where they stood.

2006-08-25 05:09:00 · answer #10 · answered by wutta-croc 4 · 1 1

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