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Why is the Middle Class Disappearing in the USA?
Many authors, including Donald Trump and Robert Kiyosaki in their book, “Why We Want You To Be Rich,” have decried the sharp reduction in the number of traditional middle class households in the USA (and, for that matter, in most western democracies). Is the middle class truly shrinking in the USA? If so, why is this happening? Is there anything that can be done? Will government be able to fix this problem?
Ludhiana Textile Cluster Makes Strategic Shifts to Beat DownturnAfter suffering for almost a year on account of labour shortages and plunging overseas and domestic sales, the Ludhiana textile cluster has decided to fight the recessionary demons through both strategic and tactical responses. Textile units are rewriting governing practices to cope with the adverse effects of the slowdown.