He's wrong about the middle class and the fact that we should pay cheaper wages. In theory, this sounds like it would be correct, however the middle class is bo

He's wrong about the middle class and the fact that we should pay cheaper wages. In theory, this sounds like it would be correct, however the middle class is born out of a balance between supply and demand. When Supply is too high or demand is too high, the middle class states to disappear, whether from lack of funds to buy things or from lack of a job. However, in a healthy service based economy, where people are needed to create more supply, then businesses are more likely to hire and train someone with less experience and take the risk because the risk may pay off. When there is a demand problem, companies will not take the risk (thus what we have now, people need experience to start working). Lowering the wage will cause a demand problem, and will simply put us in the same position we are in now because people will not be able to afford goods. It sounds good, businesses creating things cheaper, but that really only helps people who have money already, and they aren't the ones that need the help.