Middle Class Is Disapearing

Many economic experts and leaders of this country are seeing that the middle class is disapearing. It seems that as each day passes this class becomes more scarce. Some say that if the economy gets worst and the unemployment rate continues to go up that the middle class will one day be nonexistant. But the question is, how could the largest percentage of people in the united states drop so quickly? Well, their are many reasons. One of the reasons is the outsourcing of jobs to foreign countries. During the last 18 months more jobs have been outsourced over seas than ever in U.S. recorded history. Even proffesionals like engineers,architects and medical proffesionals are struggling to find work. Another reason that the middle class is depleting is because of technological advances. With new technology companies can produce much more of a product with fewer employees. Other things such as the housing market and prices on products such as food, fuel and even basic essentials such as electricity or gas are believed to be causes for the decreasing middle class. Other than causes poverty officials worry that this drastic drop in the middle class could cause people to turn towards gangs, drugs and organized crime for money. This problem wont be solved overnight but it will never be solved if we don't get involved or informed.