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The Hartmann Report

WILL WE CHOOSE TO HAVE A MIDDLE CLASS?

The Hartmann Report

Thom Hartmann

Climate Change, Congress, News, The Hartmann Report, Democracy, Debate, Economics, America, Thom Hartmann

4.51.3K Ratings

🗓️ 19 October 2021

⏱️ 59 minutes

🧾️ Download transcript

Summary

If if we want to stop the destruction of the remnants of the last generation's middle class, it all starts with taxing the rich: The time is long past due for us to roll back the Reagan tax cuts.

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Transcript

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0:28.1

iHeartRadio

0:42.7

This is the Tom Harbin program.

0:46.8

And greetings my friends, patriots, lovers of democracy, truth and justice, believers and peace,

0:52.9

freedom and the American way, Tom Harbin here with you.

0:56.4

A lot to talk about today, an awful lot of the program.

0:59.0

This idea that a middle class, I think most people think that a middle class is like a normal thing

1:07.1

that, you know, hey, you have a capitalist economy, you have a functioning democratic government,

1:12.8

and therefore, you know, a small de-democratic, and therefore you will have a middle class.

1:16.9

It's not a normal thing, middle classes have to be intentionally caused.

1:21.7

My daily rant today, and it's one of the better ones over at HartmanReport.com,

1:25.3

there's nothing normal about having a middle class, it has to be chosen is the headline.

1:31.4

And it's true, the American middle class has collapsed.

1:35.0

We're headed in the direction of looking like the 19th century England that Charles Dickens wrote

1:40.1

about in his novels. Five years ago, the American middle class ceased to be more than half of us.

1:47.3

We went from two-thirds of Americans being in the middle class when Ronald Reagan was elected in

1:52.6

1980 to 49% in 2015. I'm sorry, I don't have current numbers for this, that was the last time

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