Tuesday, July 12, 2016

The Middle Class is increasing Vulnerable and shrinking.

http://www.alternet.org/economy/middle-class-being-disrupted-extinction?akid=14426.294211.mXoIum&rd=1&src=newsletter1059940&t=10


There are people like the Floridian couple who both have law degrees—and should be in the prime of their working lives—but can’t afford a car or an apartment and have moved back in with the woman’s elderly mother. There are schoolteachers around the country that work second jobs after their teaching duties are done: one woman in North Dakota I spoke to was heading off to clean houses after the final bell in order to pay her rent.
Many of the Middle Precariat work jobs that used to be solidly middle class. Yet some earn roughly what they did a decade ago. At the same time, middle-class life is now 30 percent more expensive than it was 20 years ago.
professionals describe how they must endure harsh non-traditional work schedules, much like their retail worker brethren. They work on weekends and late into the day and barely see their children. At the end of the year, they just break even, all the while retaining debt from college and even graduate school that they will never be able to repay.
While households that make anywhere from $48,000 to $250,000 can call themselves middle class, to group such a wide range of incomes under one label, as politicians love to do, is to confuse the term entirely.
But retraining and specialized psychotherapy aren’t the only answers. We need broad-based fixes. Universal subsidized daycare. Changing the tax code so it actually helps the middle class. Real collective bargaining rights for Middle Precariat workers. Paid leave to keep mothers from exiting the workforce against their will. Fair hours, not just for McDonald’s workers, but also for adjunct professors.
We also need to question the pundits and companies that incant “artificial intelligence” as a mantra, even as they are celebrating a future where so many middle-class humans’ jobs may be jettisoned. And we can start to rebuke terms like “machine learning” or “disruption,” unmasking them—along with “the billionaires”—as some of the culprits.

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