Ryan Swift: 'Paul Krugman Discusses The Middle Class'

Source:Ryan Swift- left-wing economist and New York Times columnist Paul Krugman, talking about the American economy and middle class.

Source:The FreeState MD 

"Krugman states his beliefs on income inequality and the state of the middle class. He highlights different policy actions over time that have led to a robust middle class." 

From Ryan Swift 

Paul Krugman making a classic socialist argument for how America got a middle class and saying that government did it all and created it. Not mentioning that individuals themselves had anything to do with it. According to Professor Krugman, government passed laws and boom, the middle class was created. When you give people the tools and resources to manage their own affairs and live in freedom, they tend to do those things and as a result you don't need Big Government trying to manage their lives for them.

The reasons why the American middle class has been falling are the same reasons how to bring it back up and it gets to education. Not enough Americans have access to a good education, or have a good enough education to do well in life. So they end up in dead-end jobs, or collecting a lot of public assistance, or a combination of both. 

As well labor unions falling and almost disappearing with more Neoconservatives and economic Libertarians, empowering management at the expense of everyone else and making it very difficult if not impossible for people to organize.

So as a result benefits for workers have fallen because they do not have unions to back them up. But that also gets to education, because if you have a real good education, chances are you are going to have a real good job, or working for yourself with a successful business, or organization. Or be able to negotiate good pay and benefits from your employer on your own with real power to negotiate. Because your employer doesn’t want to lose you.

To grow the middle class we need better education, a better educated workforce as well as economic growth. Good jobs being created with more people with good money to spend creating more good jobs. And that means more people with access to good schools as well as adults who need it can get job training. With workers who need and want it able to get strong union representation so management doesn’t have all of the power. And treats workers like a cost of doing business, but instead as good investments in their organizations.