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So, it's a little surprising to read so many people complaining about the current class war being played out against the middle class. Reagan's landslide election in 1984 signalled that a large majority of Americans simply did not care about the poor nor did they care for any government programs designed to help the poor. In the 1992 election, Clinton's biggest applause lines were when he said that he'd end welfare as we know it.
Well, with that victory well in hand, the rich set their sights on the real prize: disenfranchisement of the middle class. They began a huge campaign to send middle class paying private sector jobs in mfg and IT overseas to cheap labor markets whose nations actively devalue their own currencies. Next, they went after housing values by over-building and creating exotic loan packages designed to extract even more wealth from the middle class. Finally, they have their eyes on privitizing the last bastions of the middle class saftey net, social security and medicare.
This current class warfare is nothing new. We've seen it all before.
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