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Overspending on 'luxury' consumer goods, Apple is now a billion Dollar company, some people prefer Nikes instead

Low wage mass immigration

Decay of family structure and parental support nets (40% of children live with single mothers)

Open border free trade that moved the industrial base to Mexico (NAFTA) and China

High taxes, in particular in some states like California

Rising costs for Obamacare / Affordable Car Act for the middle class

Rising rents due to mass immigration (rising demand) in metropolitan areas

Rising cost of colleges due to unlimited government loan hand outs