But the other side of the coin is the devastating
hollowing out of the middle class in the western industrial democracies.
Not exact matches
There's the
hollowing out of domestic manufacturing economies and the
middle class they supported; ethno - nationalist backlash to the forces
of globalization; sprawling culture wars over «identity politics» and far more.
But while the
middle class is being
hollowed out, GDP continues to grow (if anemically) and those at the top
of the business world are doing well.
Because
of this, we will continue to lose well - paying jobs, further
hollowing out the
middle class, and creating even greater income inequality.
Critics wonder: Have churches fallen down in responding to the
hollowing -
out of the
middle class, and the divergent paths
of intact and broken families?
Thus, they can only earn unsatisfactory rates
of return, while at the same time, the US
middle and working
classes are being
hollowed out.