In economics, you are taught a certain phenomenon that occurs called the 'Cycle of Poverty'.
They teach you that every factor leads to another and continues, reinforcing the next step.
A very spirit crushing chapter of life, I must say.
I've never been poor and my family is far from tugging at the Poverty line.
Today I came across, what modern economists may refer to as, the Cycle of middle class.
There is a fine line of compromise that we must not cross so as to remain within this cycle.
The Cycle of Indian Middle Class is the blackhole sucking the money out of people's pockets and injecting it directly into the economy. Credit creation increases, oh yes and the rich just get richer. Meanwhile, the middle class remain the middle class, despite investing in a loan.
The very fact remains that no one really makes it out of this circle unless exempted from tax for a few years or handed a suitcase full of cash, two things most unlikely to happen in a country like ours.
Any man who begins with a moderate salary, goes only uptil a certain increase in his real income. As he grows older, he wishes to settle down, buy a car, a house. Which is why he takes up loans, compromises on his monthly expenditure so as to pay off all his EMIs. And yet, after spending all that money what he gets is a small house, small garage, bad bathroom fittings and no security.
He remains a small man, only this time, he has a small house.
As the years pass, his children need more space and before all loans are cleared off, the time arrives for another big investment.
He pools in all the family money for maybe just an increase in the number of rooms; buy an apartment from a trusted builder. The cycle of EMIs begin again.
This time, he becomes a small man with a small house but many bedrooms.
Meanwhile prices rise and so do the needs of the family. The public sector companies, haraamis that they are maintain the same salary.
The new Government refuses to pool in the money they had promised to these public sector companies and uses them instead, for the upcoming elections.
The middle class remains in it's cycle, compromising every single fucking day just to feed the Government, the upper classes and the real estate tycoons of this country.
These are the people who unfortunately, fall under the highest tax brackets which minimizes their real income to a trivial number. The government that claims to work for the 'common man' has infact never worked for it's benefit. Every day, new strategies are developed to mobilize the rural population of the country, and none for this so called middle class.
The media too is paid by the government.
It is pure economic exploitation.
This cycle is as vicious the cycle of poverty, for there is no way out of it.
Any man who starts middle class, remains middle class and dies middle class. And to all those fools who have been brainwashed by articles written by writers such as Pawan Verma, talking about how the middle class has developed a 'consumerist streak', you are invited to my Middle Class household anytime of the year and see for yourself how mistaken you have been.
It is the first time in months that I feel utterly hopeless for my family and this country.
As an Indian, I feel ashamed.
