A New Struggling Class, Not Poor Not Middle Class

This group want so much more democratization of government that on the surface they look like communists and it is because the quality of government, including politicians, bureaucrats, technocrats and technicians, are failing on its promise to build high quality ‘bridges’ which are services that connects this group to the market place.

When these groups are under-served, the middle class will erode. Meanwhile the vanity of government wants to reshape cities not revitalize it giving the opportunity costs vis-a-vie time to this group to carry. Governments are building expensive bridges to connect shrinking groups of middle-class consumers instead of building ordinary bridges to serve struggling new businesses.

Steven Pressman on the Struggling US Middle Class (article).