A Quote by Nina Easton

Globalization is stirring widespread economic anxiety, and middle class incomes have stagnated while a class of super-rich has emerged. — © Nina Easton
Globalization is stirring widespread economic anxiety, and middle class incomes have stagnated while a class of super-rich has emerged.
While you can say that the problem of the middle class in the rich countries is too much globalization, the problem of the people who are very poor is really that they are not included in globalization. For them, the success of their own countries at becoming part of this international division of labor would be good news.
People at the very top of the income scale also benefited from globalization and automation. But the income of working- and middle-class people in the developed world has stagnated.
We're a phenomenally snobby society, and it's such a rich seam. The middle class is so funny: it's the class I know best, and it's the class where you find the most pretension, so that's what makes the middle classes so funny.
Misguided economic and tax policies have hampered growth, allowing the rich to become richer while turning the middle class into the working poor.
The historical basis for the gap between the black middle class and underclass shows that ending discrimination, by itself, would not eradicate black poverty and dysfunction. We also need intervention to promulgate a middle-class ethic of success among the poor, while expanding opportunities for economic betterment.
For globalization to work for America, it must work for working people. We should measure the success of our economy by the breadth of our middle class, and the scope of opportunity offered to the poorest child to climb into that middle class.
The place where you got to get revenues has to come from the middle class. That's where the huge number of people that are there. So the system does need to be revamped [to tax the rich less and the middle class more.]
I was not from a middle-class family at all. I did not have middle-class possessions and what have you. But I had middle-class parents who gave me what was needed to survive in society.
Growing our economy means allowing individuals, and particularly those in the middle class, to be able to keep more of their money. It also means that people in the middle class and modest incomes to be able to pay for their retirement, to get a down payment for a home, to send a child to college.
We are seeing a working-class, a middle class, which over the last three decades has seen their wages and income stagnate, while the very rich have seen their tax burden lighten in ways not seen in three or four decades. It's a face of a country that we need to look at and understand that inequality is perhaps the greatest threat to our economic recovery and democracy, and in that context we must take action.
The Miss America contest isthe most perfectly rendered theater in our culture, for it so perfectly captures what we yearn for: a low-class ritual, a polished restatement of vulgarity, that wants to open the door to high-class respectability by way of plain middle-class anxiety and ambition.
Prior to 1940, the affluent and the middle class began to converge, but after 1979, the economic gap between the middle class and affluent widened significantly.
The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.
The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.
There are three social classes in America: upper middle class, middle class, and lower middle class.
I grew up in a working class neighborhood in Sweden, which, during my teens, gentrified and is now completely middle class and even upper middle class.
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