America’s Middle Class Is GONE! Nearly 50% of American Workers Earn LESS Than $30,000!

in money •  6 years ago 


The American Dream. Once a goal for many. An objective to work toward. Today it’s nothing more than a figment of one’s imagination. A faded memory. Today we see that the statistics make it very clear. The middle class is vanishing before our very eyes and yet the economy has supposedly been growing for nearly a decade. Imagine what it will look like when the next Financial Crisis hits?

Middle class is disappearing in California as wealth gap grows | TheHill
https://thehill.com/opinion/finance/412928-middle-class-is-disappearing-in-california-as-wealth-gap-grows
Middle Class Destroyed: 50 Percent Of All American Workers Make Less Than $30,533 A Year
http://theeconomiccollapseblog.com/archives/middle-class-destroyed-50-percent-of-all-american-workers-make-less-than-30533-a-year
2018 Press Releases | Press Office | Social Security Administration
https://www.ssa.gov/news/press/releases/2018/#10-2018-1
Wage Statistics for 2017
https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2017
New record for number of homeless students in NYC - NY Daily News
http://www.nydailynews.com/new-york/education/ny-metro-nyc-sees-record-homeless-students-20181015-story.html
Luxury-Jet Market Is So Hot That Even Used Planes Are Selling
https://www.bloombergquint.com/pursuits/even-used-planes-get-picked-over-as-luxury-jet-set-buys-again#gs.VDMoYN4
America Is Drowning In Milk Nobody Wants
https://www.bloombergquint.com/business/america-is-drowning-in-milk-nobody-wants#gs.olllejQ
Why dairy farmers dumped 43 million gallons of milk this year - CSMonitor.com
https://www.csmonitor.com/USA/2016/1014/Why-dairy-farmers-dumped-43-million-gallons-of-milk-this-year


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Highly admirable job!

I think right now if your not making $75,000 a year tax free then your in trouble . 43 million gallons of milk is GIGANTIC to me . And dairy farmers 🥛 just have to learn to diversify their products . I’m a strong believer in re-purposing things . So if we have too many cows , then turn some of them into burgers , or make other products supported by cows milk like cheese 🧀 . The biggest problem is the wasteful nature of SOCIALISM & COMMUNISM . These philosophies are in stark contrast to a free market economy . Only a free market economy can regulate itself , and make the changes necessary to stay profitable . Communism along with its sad cousin Socialism are to controlling and lack the structure in which to make fast changes that can be incurred as a result of market fluctuations . They’re just not fast enough . When the market sets the price , and economic regulation leads , and not some tube sock of a person sitting in an office chair eating potato chips all day long . Then you have movement caused by supply and demand , and not because some A hole decides that they’re going to spare their friends some harsh realities . its clear that this is not popular by the gigantic oscillating waves of the stock market , but sheeple are also very stupid , so I think we also have to allow for survival of the fittest . Not everyone can be saved . Thank you sir 🙏 👏 👍