I'd have to agree. The middle class gets royally screwed - especially in America (also in Canada to a somewhat lesser extent.) Let's take a look.
- The middle class was told to invest all their savings and money in the markets - mutual funds, stocks, mortgages, credit etc. They paid a ton of hidden fees to the rich corporations who pay their executives millions dollars of year.
- The system collapses because the middle class finally has their back broken by debt.
- The government then takes the money the middle class pays for taxes and gives it to the rich corporations who continue to pay their executives millions dollars of year as a "bail out".
- In other words, the rich people made money on the way up and made money on the way down.
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