The Wealthy seem to always be the big winners during the Boom times and the Middle Class ( what is left of it) and Working Poor take most of the Bust.
Simple solution, teach people how to become “Wealthy” . This is the old Proverb " Teach a person to fish" , here is the US there is “ZERO” financial education, The closes thing I ever saw in school to financial education was how to reconciliate your checking account statement. a skill totally useless today.
Back to my simple solution, 1. the book “Riches Man in Babylon” , 2. Dave Ramsey’s “Financial Freedom” A semester on both of these books would go a long way in creating a stronger middle class and maybe even a few more wealthy people
We need a debt-free society