Who's the backbone of the economy, big corporate America or the working middle class?

Answer 1

big corporate America provides jobs for the middle class, but middle class does the work that helps corporate America make money to pay the workers.... one without the other just won't work. Big corporate people have to have the money to create jobs for us, and the only way to do that is have the middle class working to help them make a profit.

Answer 2

In all honesty? the "backbone" of the economy is both. Without "corporate America," there would be very few jobs paying enough for you to support yourselves and your vision of "the American dream." And, without the working class, "corporate America" would cease to exist. When you think in terms of wealth such as that of the great robber barons of the 19th and early 20th century, most of America it seems is actually 'middle class.' My father in-law as of 10 years ago when we last talked about money, was spending (as a retired guy) a whopping $76,000 a month in what he viewed as his "Basic Living Expenses." And, while I and my family of five live in a double wide trailer think of ourselves as 'middle class,' he is actually at the upper end of that strata known as 'middle class.' There's a huge schism between his life and mine.

Answer 3

And, pray tell, where are all these working middle class people working? At corporations and companies in corporate America, you say? Imagine that!

And where are their 401K and retirement funds invested? In big corporate America? How shocking!

I know a lot of people sneered, and still sneer, at the old quote that went, "What's good for GM is good for America." But it is the truth. Government policies which don't harm businesses, which don't excessively tax them, which reward re-investment and hiring, which don't over-regulate them, are policies that are, in fact, good for all Americans.

Answer 4

The Middle class of course. The Nation did quite well without the invention of the Corporation. Without corporations, the middle class would be a larger piece of the "business owner" class, which is now a vanishing concept.

We would buy our hardware at the local store, not Home Depot. We would buy our groceries from Mom & Pop, not the chain stores. We would buy local produce and meat, instead of tainted Chinese "food products".

Answer 5

Neither,its the working stiff in the factory assembly plant farms etc who produces the goods that give America prosperity,and this is the same working stiff America ignores.

Answer 6

Ha ha. The credit card companies. In America we live in a dream world, and one of these days it will crash.

Answer 7

What middle class?

Answer 8

can't have one without the other, row all you want but the
boat ain't going anywhere without someone to steer and/or
support the trip financially.

Answer 9

the only ones who pay taxes

Answer 10

oh please.........you can't think of anything better than this.....duh