Quotes About Hollowing-out

Government policies and regulations in the postcrisis era have aided the hollowing-out of middle America far more than anything the private sector has done. These changes even expanded the wealth gap by making asset owners richer at the expense of renters.

Growing up in Buffalo, I saw shuttered factories that once housed thousands of steel manufacturing jobs. I remember the hollowing-out of the middle class in our community. I witnessed hope turn to hardship as a once-thriving city reckoned with a fast-changing world.