David Merkel manages investment accounts and writes on financial issues on his blog. He is a self proclaimed Evangelical Christian. You can read about him here. He has a great post about the middle class and five or so reasons why the middle class should shrink. You can read his entire post here. Numbers two and three are worth a look.
2. Education — middle classes in the developed world were relatively large when the education systems produced a large portion of the educated people of the world. That is no longer so, and relative education levels have tipped against the US. Any surprise that we fall behind?
3. Lazy choices (for majors and/or jobs) — “follow your bliss” is not the best advice if no one wants to fund your bliss. All prosperity comes through serving the needs of others. Follow their bliss, not yours, and you will do well.
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