Stephen Kinsella: The squeezed middle are not as squeezed as we might think
But they do need the cash to save to alleviate the service bottlenecks they face now. What needs to change is the infrastructural provisions around health, education and housing
The ‘squeezed middle’ is one of those ready-made slogans carefully designed to mean different things to different people. Because just about everyone defines themselves as middle class, and just about everyone has something to complain about, almost everyone can claim to be squeezed in some way.
Imagine there are ten people in the world, ranked by the amount of income they have. The person in slot 1 is the poorest, the person in...
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