Study after study shows that while the rich are getting richer, the middle class are working harder and longer than they did a decade ago, but have less to go around each week.
And what’s happening to the poor?
They’re growing in numbers and they’re hurting. And their numbers are swelling as we are slowly losing a middle-class — but the poor don’t get much attention. Yet the growing ranks of the financial have-nots is a bad sign for our economy.
It may not seem fair, but the fact is the “income gap” is increasing and most financial experts only see this trend continuing with no end in sight. One of the realities of life is that, despite living the best of times in some of the richest countries in the world, most people today are struggling financially. And the gap between the wealthy and the average person only seems to be getting wider.