Update - I made it home from my awesome motorcycle trip to Florida. 15 days - 3395 miles - a few pictures - many small towns and lots of memories. Yes, I would do it again!
After my trip, I knew I should get back to writing about the issues that concern me but still couldn't decide where to start. I've read several books in the meantime about various concerns but couldn't focus on any particular one. "Too Big To Fall" is about America's failing infrastructure. "Catastrophic Care" explains what's terribly wrong with our healthcare system and, specifically, how we pay for it. "The Big Short" describes how a few Wall Street insiders managed to dupe an entire financial industry (and by extension the public) into betting on bundles of highly risky mortgages while those insiders raked in billions for themselves. All of these issues need to be addressed and corrected if America is to have much of a future. However, it is the book I am currently reading that has prompted me to write today.
I also happened to catch part of President Obama's speech today from Knox College in Galesburg, IL, which spoke to the exact issues that I had been getting fired up about in the reading of this book. These are the events that aligned properly for me today, and it is what got me thinking about the middle, as in "class". Here is the issue: America's middle class is disappearing, or at least dwindling, at an alarming rate and our policymakers seem not to notice, nor care. Furthermore, it is the spending of a large and thriving middle class that drives the economic engine of America, buying our manufactured goods and services, not the spending of the wealthy few.
For the past 30 years we have heard:
- The market will take care of itself.
- Make the rich richer and they will create jobs (trickle-down economics).
- The government is too big; it should leave us alone.
- Everyone should be able to own a home.
- Everyone should be able to go to college.
Some of the above are right-wing ideologies, and some come from the left. All have contributed to an eroded middle class. We have all grown up with the American dream of having a better standard of life than our parents, and they than their parents, etc. For a century or more that has largely been the case. However, over the past 40 years or so, the middle class has been falling behind in purchasing power, losing out to the elite as a disproportionate degree of the nation's wealth has been accumulating at the top. We have managed to keep up for a generation by depending on two incomes for most families, working longer hours, draining our homes of equity and finally taking on debt to attain the lifestyle which we felt we deserved as "middle class families." But the bottom has dropped out of that scheme: families have lost one or both incomes; homes have lost value, i.e. no more equity to draw upon; good jobs have been automated or moved overseas; employers and governments at all levels have cut back and left Americans largely to pay the balance.
Today President Obama spoke to the heart of these issues, and while so far they may just be words there is hope that Washington may come to recognize the peril of a lost middle class in time to do something substantive about it. He spoke of the key cornerstones of the middle class life as:
- a good honest and dependable job,
- a good education,
- a decent home,
- a secure retirement,
- good affordable health care,
- equal opportunity for advancement.
God bless the president, the U.S.A. and all of us in the middle.


























