who bears the brunt most during an economic downturn?Who
suffered most during Asian currency crisis, during SARS?Probably
the middle income group who were trying hard to keep their heads
above water!
The rich has the means to buy off their frustrations, the higher
income groups have the power to decide how much they should get,
when to get back their paycuts whereas the middle income group has
to look at the faces of their bosses to get a pay rise, left alone
the restoration of their pay cuts!
Many such middle income group has been weeded out by bankruptcy and
they formed the biggest group among the bankrupts.Most in this
group were seen trying hard to climp the social ladders BUT the
tides are against them as the economic restructuring has hit them
the hardest.
The poor has nothing much to look forward to except their 3 meals
and they have not much ambitions besides hope, hoping that their
lives could miraculously change to a better one as time passby!
