The United States might be the next Argentina

[sab390]

2. This is the norm

Most places today, outside of Western Europe, Canada, the U.S., New Zealand etc. have 1% wealthy, 6 or 7% middle class and the rest are poor. Up until the 20th Century that was the norm. Creating a middle class takes effort. FDR, the war, the GI bill, unions, the building of the interstate system and the rest of our infrastructure created ours. For the last 37 years we have been destroying it. Middle class is a virtuous cycle, the more you have the more you get. The lost is a viscous cycle, the more you lose, the faster the lost becomes. In all sciences everything reverts to the norm. Except biology. Let's root for biology, or we will be back to the norm, Argentina.