Pain of Middle Class People
New technology and global Competition on Middle class life
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The middle class is a hot topic these days. Many people want to know what the class is and where it fits in the economic hierarchy. Basically, the middle class is the economic class between the upper and lower class. People in the lower class are poor, and people in the upper class are rich. On top of that, there are also members of the upper middle class. A general definition of the middle class would be someone who makes enough money to afford a good lifestyle but not too much money to lose his status.
Middle class people are hard to hurt since they have many ways to fight back. For one, they have jobs and can earn more money. They can also save money and invest wisely. Furthermore, they can make political waves by voting in politicians who help them. Basically, if someone wants to harm a middle class person, he'll have plenty of ways to defend himself.
The pain middle class people endure is based on their driving factor. For example, a middle-class student might earn bad grades because he chose to study a difficult subject. On the other hand, a rich person might have a comfortable life even if he skips meals. In that sense, the average middle class person has it worse than the upper class since they're willing to endure greater pain for less gain. However, a poor person will quickly spiral into despair if he doesn't receive help from government programs. That's because poverty is an absolute zero when it comes to earning potential.
The middle class is shrinking thanks to new technology and global competition. Technology has made businesses more efficient; this makes it easier for businesses to grow without hiring additional workers. At first glance, this seems like good news for middle class people. After all, businesses will have more money to buy their products- which should benefit middle class workers too. However, this growth comes at a cost: companies may lay off workers so they can grow their profits faster. Plus, some businesses target lower cost countries so they don't have to pay as many workers either way. As a result, not only has the middle class shrunk due to global competition; but companies may also target lower cost countries where workers are cheaper anyway.
Based on that information, it's clear that being in the middle class isn't easy these days. However, there are ways for those in this economic group to fight back against those who harm them from lower down the economic ladder. Damage from above- whether done by business or government-is offset by saving and investing wealth from below. Regardless of how hard or easy it is to move up economically, people need to start recognizing that dropping down economically will make them harder to hurt while granting them greater power over their lives.
All set of people always goes through their own sort of living but a middle class people always lives for an upper class people .MIDDLE CLASS people always lives in a dream of A DAY WILL COME WITH JOY AND PLEASURE YES SOMEONE WILLCHANGE THIER LIVES
The bitter truth of there lives is THE DAY they thing the changes will come....will never come.
The only happiness in there life is children and even though they lives a normal life they use to provide their child an happy and lovely life.
Yes middle class is not just an life Its an GOD'S GIFT .AS an special wish whenever you meets an middle class people just respect them a smile from their face may show you the face of god ."with love;ENBHA".
About the Creator
Enbha
NATURE LOVE
CRAZE ON BIKES AND CARS
LOVE ON PETS
TRYING TO FIND MEANING IN LIFE
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