The Standard of Living for the average Middle Class Person is going down, down, down!

[averagemiddleamerican]

Originally Posted by tony23

Been there. What matters is how you respond. Yes, it can take years. Do you keep fighting or do you give up and whine?

I'm coming out the other end of that tunnel now. I'm buying a house, the first time it's been realistic since I filed bankruptcy to forestall foreclosure. My credit isn't great, but it's a lot better. And I've finally gotten a good job - after years of trying to make it on way too little. And I'm better off now than I have EVER been in my life.

Which choice do you think I made?

I agree with you...it is frustrating....but you have to keep plugging away....to me it is the only choice I have, giving up is NOT an option .... I wake up with a heavy burden on my chest every day....I look at my kids and know I have to keep going. I am so glad to hear you made it out of this mess and hope for you that your "new beginning" leads you to a bright debt free future!!

[GregW]

I am working toward a debt free future. I just hope I live long enough to achieve it.

[texdav]

My parents were solid middle class. I also am middle class with no debt besides one vehicle of ours vehicles not paid for. My parents never lived to the standard I do now.I wopuld say that when I was growing up the miidle class lived much like the lower middle class now days but actaully saved more.

[evilnewbie]

Why did you revive a really, really old thread that started earlier last year?

[texdav]

Well since government can never be the sole owner of all means of production ;no state can really be socialist fully.That also means the state would have full possession of the output of that production to distribute as they see fit. Looking at the sates it seems that the one that are less socialist and encourage private business have been the big gainers in the last decades.Many of the States that control More of the GDP by taxing and fees are in dire straits ;especially now.