The middle class hemorrhages the blood that corporate vampires suck

For those who missed it, there was a sterling article in January 7th's Mankato Free Press written by longtime staff writer Tim Krohn. It's just another example of why quality journalism is not limited to big city papers. Thank heavens for the internet, which gives the world a chance to read what were once hidden gems. It begins:

Economy is good for those who own it

By Tim Krohn
Free Press Staff Writer

The end-of-the-year economic reports were stunning.

Record earnings on top of the previous year’s record earnings. The stock market surged. Things must have been good.

Good, if you’re a corporate executive or a big investor in their companies.

For most everyone else, it was another year of treading water, with the waves getting higher and the shore farther away.

It’s no fun watching the end of the middle class. After all, they’ve been around since the late Victorian era and the start of the industrial revolution. The rich tolerated them pretty well all those years, but have recently become tired of their demands for things like paid vacation and higher minimum wages and lunch breaks.

The rest of the piece is here.