Saturday, December 17, 2011

city view of US economy; Milwaukee

"First, the numbers. From 1970 to 2007, the percentage of families in the Milwaukee metropolitan area that were middle class declined from 37 to 24 percent, according to a new analysis by the Southeastern Wisconsin Regional Planning Commission. During the same period, the proportion of affluent families grew from 22 to 27 percent-while the percentage of poor households swelled from 23 to 31 percent. In short, Milwaukee's middle class families went from a plurality to its smallest minority...
Late Wednesday afternoon, that was evident in the Jefferson Elementary school of West Allis, a once solidly middle class suburb bordering Milwaukee. In a crowded school gymnasium, principal Shelly Strasser said that fifty percent of students now qualify for free or reduced price school lunch programs. In other local schools, the number is ninety percent."

OWS came about because of the economic inequality building in the US.  If the rich get richer and the poor get poorer, pretty soon you just have serfs and lords.  All the wealth winds up behind castle walls while the populous barely scrapes by.  Devolution.

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