The main thing that we can take away from Brexit in Great Britain and the popularity of Donald Trump in the United States is that the Middle Class is getting squeezed.
Pew Research reports:
The widespread erosion of the middle class took place against the backdrop of a decrease in household incomes in most U.S. metropolitan areas. Nationwide, the median income of U.S. households in 2014 stood at 8% less than in 1999, a reminder that the economy has yet to fully recover from the effects of the Great Recession of 2007-09. The decline was pervasive, with median incomes falling in 190 of 229 metropolitan areas examined.
- So average wage rates have fallen or remained stagnant while the cost of living increases. Yet this calamity does not show up in the upper income bracket. The elites have manged to game the system so that they benefit at the expense of the Middle Class. This elite is not only Republicans but includes even more Democrats.
- Trade deals have been made that benefit the upper income people at the expense of the Middle Class.
- The elites have pushed for Open Borders and the resulting mass of illegal immigration has become a burden on Middle Class taxpayers in addition to bringing down wage rates and competition for jobs
- The public school system in the United States has failed and with the federal government pushing Common Core has not educated students to be trained for good paying jobs in the Information Age.