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How Does The Middle Class Affect The Economy

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How Does The Middle Class Affect The Economy
For an economy to thrive, there needs to be a strong, and growing middle class in the society. According to Michael Ettlinger, a writer for the Center for American Progress, the middle class is under a large debt. Essentially, the middle class is too enormous to fail even with all the debt it carries. “The problem for our economy created by a weakened middle class is not just a weakened capacity to consume. The middle class is the heartbeat of the economy in other ways. For one, the middle class is the nation’s indispensable workforce. It was, in fact, the rise in middle-class worker productivity that has generated much of our nation’s wealth (Ettlinger,1).” The middle class is undoubtedly important to the economy stature of the United States.
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