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Erosion of the Economy and Middle Class in Tunisia

2024-02-23 14:35:34

Declining economy and middle class There has been a very necessary economic boom since the living standard improved and employment opportunities increased by more than 5% since Ben Alrie was appointed president in 1987. Economic stability also improved health management and education system (El-Khawas, 2012). In Tunisia's economic growth and liberalization, Ben Ali's economic policy is not so good, it does not create job opportunities for educated young people.

Since the 1930s, the decline in the net profit of middle-class families in the 1990s has seen the greatest decline. Although the decline of the middle class of the past was periodic and very brief, the recession of today's middle class can be long-term and long-term. Today's fear of the sluggishness of the middle class is beyond direct employment loss due to the economic downturn and the increasingly expensive lifestyle of the middle class. They are threatening the erosion of assets, especially housing prices, middle class people are concerned about future conditions, pensions, pensions and insurance policies. Protecting the middle class is necessary for the whole North America; the middle class forms the values ​​and ambitions of every country in the world.

Some scholars believe that erosion of equality could destroy the middle class of America. Since lucky people are rising from middle income to middle class, unhappy people experience downward flow and land flow in low income brackets, and the middle seems to disappear. As anyone knows, the definition of the middle class is very slippery, because they sometimes refer to income, others expand around professional fame. However, if you look at income indicators from the beginning, there is some evidence that the proportion of American households called middle income ($ 20,000 to $ 50,000 per year) is decreasing. Catharine Bradbury, senior economist at the Federal Reserve Bank of Boston, calculated that during the period from 1973 to 1984, the middle class decreased by about 5%, most of it fell to the income table. 1% of people are rising