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Edward Mcclelland Rip The Middle Class Analysis

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Edward Mcclelland Rip The Middle Class Analysis
In his essay “RIP, the Middle Class: 1946-2013,” Edward McClelland states that just out of high school students could get jobs in factories earning a higher wage than in careers requiring a degree. McClelland argues that when the recession hit, America’s middle class significantly declined, lowering income for a majority of people and making the rich wealthier. He asserts that getting even a factory job without a college degree is next to impossible. McClelland blames the decline of the middle class chiefly on the lack of federal management over America’s financial system. McClelland reminds us that the economy can’t withstand without government involvement and oversight.

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