precariat- a social class formed by people suffering from precarity, which is a condition of existence without predictability or security, affecting material or psychological welfare. Specifically, it is the condition of lack of job security, including intermittent employment or underemployment and the resultant precarious existence.
The middle class has been shrinking as productivity increases and those performing labor or providing services have to support more government welfare programs with their earnings while encountering more competition in the marketplace, leading to lower net income while oligarchs' political, and as a result, financial leverage to avoid real support for the social welfare increases. The 'elite' donate their money to foundations that they or their allies control, effectively capping their earnings as a business model in order to lower the taxable income while retaining the 'donated' currency at their disposal.
In short, financial interests have been waging a covert war against the precariat and middle class while increasing their own influence for quite some time now, without the disadvantaged even realizing they're being targeted and attacked.
Soon to be added:
Pertinent links to news articles and videos that affect the lives of the precariat and those that will soon belong to that group if the globalist agenda continues as planned.
The more people can refrain from insulting others' intelligence by name-calling without offering real argument, the better. Although free speech rights will be respected, spam will be deleted and deliberate trolling discouraged.