A Quote by Paul Krugman

Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action. — © Paul Krugman
Middle-class societies don't emerge automatically as an economy matures, they have to be CREATED through political action.
The sprinkling of people of color through elite institutions in the United States, due to affirmative action policies and the limited progress of middle-class and upper-middle-class African Americans, creates the illusion of great progress.
A thriving middle class is the source of growth in a technological, capitalist economy. Investing in the middle class is the most pro-business thing you can do.
I am a Midwestern Democrat, which I believe means practical, reasonable, willing to work across the aisle and focused on the economy and the middle class, saving the middle class.
The middle class is collapsing and we are moving toward an oligarchic form of society, where the billionaires will control the economy and the political life of the country.
Organization for action will now and in the decade ahead center upon America's white middle class. That is where the power is. ... Our rebels have contemptuously rejected the values and the way of life of the middle class. They have stigmatized it as materialistic, decadent, bourgeois, degenerate, imperialistic, war-mongering, brutalized and corrupt. They are right; but we must begin from where we are if we are to build power for change, and the power and the people are in the middle class majority.
Americans are falling out of the middle class, not into it. And they deserve relief. I absolute support extending the Bush tax cuts for those who work the hardest and invest the most in our economy - the real drivers of American growth, the middle class.
It's hard to improve our schools. It's hard to redistribute wealth created by the concentration of technological and financial power or to increase middle-class wages. But it might be easier to lower middle-class costs by building more housing.
By default, we have created a "system" of nursing-home care for the aged in which middle-class people pay exorbitant rates to for-profit nursing-home entrepreneurs - and then when private resources are consumed and the patient qualifies as a pauper, the nursing home begins billing Medicaid. This is precisely the antithesis of social citizenship; instead of the poor being accorded the dignity associated with the middle class, equality of treatment is achieved by making the middle class undergo pauperization.
I'd love if people relearned the lessons of the 20th century all over again. Which is to say this country progressed economically and socially when we had a better balance between capital and labor. Neither capital or labor won every argument. The battle between the two created economic tension, and transformed the working class into the middle class, and grew the economy.
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 globalists gutted the American working class and created a middle class in Asia.
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.
What I say is, that the real non-resistants can believe in direct action only, never in political action. For the basis of all political action is coercion; even when the State does good things, it finally rests on a club, a gun, or a prison, for its power to carry them through.
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 have a choice: we can allow the growing disparity between rich and poor to continue unimpeded, or we can take action to budget responsibly and strengthen and expand the middle class. If we want this economy - and this country - to meet its full potential, the choice is simple.
The Democrat Party is threatened by people whose economic circumstances improve to the point that they do not need government first and foremost. That's a threat. But this happens when the U.S. economy is humming. There is a lot of upward mobility, and people leave the lower depths of poverty and start traversing a pathway through the middle class to the upper middle class, and as they leave, the Democrats have to replace them. That is what illegal immigration has been since 1965 when Ted Kennedy reintroduced the whole concept after 40 years of no immigration from 1921 to 1965.
This site uses cookies to ensure you get the best experience. More info...
Got it!