It's called the "hourglass economy," where there is a market at the upper end of wealthy buyers, and then there is everyone else at the poverty end....but no middle.
As the U.S. empire ages and crumbles, we are increasingly becoming a country of the haves and the have-nots. You know, like Mexico.
Here are links to two good stories, one in OpEdNews.com and the other at DailyFinance.com, which lay out the "hourglass economy."
http://www.opednews.com/articles/Corporations-Plan-for-Pos-by-Bernard-Starr-120406-675.html
http://www.dailyfinance.com/2011/10/01/its-rich-manpoor-man-with-the-middle-class/
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