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America at the Precipice

Restoring the Plummeting Middle Class Standard of Living

by Gary R. Patterson

Paperback

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Product description...

The 19% Plunge in the American Middle Class Standard of Living


Neither political party has been able to stem the plummeting fall in the Middle Class Standard of Living that has occurred since the Economic Meltdown of 2008. Moreover, in recent years, the average 1%-2% annual Cost of Living Index (CPI) calculated by the Bureau of Labor Statistics only belies, masks and understates the frightful upsurge in the dominant CPI Index cost components of Health Care, College Tuition, Energy, as well as Federal income tax hikes, which have economically devastated Middle Class Americans over the last five years. Innovative, yet pragmatic and equitable solutions must be formulated to not just stem the rise of these four major CPI cost factors, but go beyond and strive to achieve justifiable, permanent "rollbacks" and cost decreases as well. Together these four specific CPI cost factors have incrementally contributed to an actual, staggering 19% plunge in the American Middle Class Standard of Living just since 2009. And, even though Barack Obama, as President, has presided over this precipitous Middle Class economic decline, alternatively, the Republican Party has, for years, been successfully portrayed by Democrats as being “tone deaf” and indifferent to the plight of Middle Class America. Rightly or wrongly, perceived as primarily safeguarding the financial interests of the Wealthy, the GOP is further regarded by many as failing 1) to elevate and give priority emphasis to the dire economic straits that the Middle Class in America is currently facing and 2) to pro-actively devise specific common sense and apolitical solutions (as presented herein) that are, indeed, justifiably equitable and meant to rectify and justly remediate the disproportionate economic burden that Middle Class Americans have been relegated to endure. Unless and until the Republican Party is perceived as pro-actively adopting a Middle Class priority emphasis, it will continue to struggle to alter its "elitist" perception in the minds of a wide swath of Middle Class and Independent Voters. And, as a consequence, in future Presidential Elections, the Democrat Party will, by default, continue to dominate politically and occupy the White House.

Product details...

Paperback
Format: 6 x 9 Black & White Paperback, 367 pages
Publisher: Outskirts Press (Jul 24, 2014)
ISBN10: 1478701846
ISBN13: 9781478701842
Genre: POLITICAL SCIENCE / Political Economy

Author Information...

Gary R. PattersonAmerica at the Precipice: Restoring the Plummeting Middle Class Standard of Living is author, Gary R. Patterson’s fourth book published since 2009; preceded by What Obama and the Democrats Knew that McCain Didn’t (2009), Barack Obama’s “Ultimate End Game” (2011) and Jump-Starting Real Job Creation in America (2012). Patterson, a former U.S. Treasury Agent (34 years) and CPA, spent virtually his entire career conducting civil and criminal income tax fraud investigations and statistical income tax data analysis.
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