The Shrinking Middle Class: Why America is becoming a Two-Class Society
by Emanuel Collado
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Description
The middle class of our society has an important role—acting as the glue that holds the upper and lower classes together. But what will happen if the middle class crumbles? The Shrinking Middle Class is a comprehensive study of the economic meltdown and its long-term effects on the middle class.
Emanuel Collado is a self-made businessman who focuses the results of his extensive research into a trend first detected in the 1980s. He provides fascinating case studies of middle class families, alarming statistics, and causes of the current economic crisis that both the United States and the world face. As Collado compares past decisions with current issues, he offers explanations for why America has such a disparity in our society and where the social fabric is being skewed to expand at both ends and grow thinner in the middle.
Not so long ago, being middle class meant a reliable job with good pay, a home, access to health care, good education for youth, and a dignified retired life. Collado provides an in-depth look into why the United States is becoming a two-class society and what we can do now to prevent it from happening.
We teeter on the edge of an historical economic abyss. News stories bring reports of job losses, foreclosures, and shriveling investments. So many can't make ends meet, fear losing their jobs, and are confounded by our economy's flux. The country's frustration is palatable. So, what do you do?
If you've asked this question, this book will change how you look at our economy and your livelihood. In simple, straightforward language, author Emanuel Collado gives guidance on what to do to secure your financial future.
Collado presents a handful of powerful, and yes, often radical economic ideas. His plans, though, are rooted in a convincing historical context. In plain English, he explains how to convert your shrinking, low-interest investments into solid, no fail assets. Set against the larger context of "the Fed" he explains why and how these vehicles endure inflation and bad economic policies.
Collado short answers are backed by viable, alternate strategies that you can easily understand. Yet his small words have big meanings. So if you're confused about what to do, buy this book. What you do thereafter is entirely up to you.
