Recall during the Middle Ages, the so-called Dark Ages, there were rich and poor, a binary society. The economy mainly consisted of farmer Jones raising some turnips and trading them to farmer Ruth for some eggs from her chickens—the barter system. Yes, there was money, coins minted by wealthy sovereigns (the powerful in control) that […]
The Middle Class Drives the Economy Read More »
In yesterday’s post, I offered my worry that the USA is heading for a binary society: No middle class, only the rich and the poor. The question is: Do we need a middle class, and if so, why? In this post, I will make the simple answer and provide more in-depth reasoning in later posts.
Do We Need A Middle Class? Read More »
I have said for years that the United States of America is slowly moving toward a Medieval Government. Consider how life was governed during the Middle Ages. There were the wealthy property owners (castles, armies, and numerous fools kissing up trying to gain favors), and there were the poor, the peasants who lived hand to
