22 Statistics That Prove That The Middle Class Is Being Systematically Wiped Out Of Existence In America

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The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.  The rich are getting richer and the poor are getting poorer at a staggering rate.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.  So why are we witnessing such fundamental changes?  Well, the globalism and “free trade” that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects.  It turns out that they didn’t tell us that the “global economy” would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations.  The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough.  The reality is that no matter how smart, how strong, how educated or how hard working American workers are, they just cannot compete with people who are desperate to put in 10 to 12 hour days at less than a dollar an hour on the other side of the world.  After all, what corporation in their right mind is going to pay an American worker ten times more (plus benefits) to do the same job?  The world is fundamentally changing.  Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money.  Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new “global” labor pool. 


What do most Americans have to offer in the marketplace other than their labor?  Not much.  The truth is that most Americans are absolutely dependent on someone else giving them a job.  But today, U.S. workers are “less attractive” than ever.  Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States.

So corporations are moving operations out of the U.S. at breathtaking speed.  Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay.

What has developed is a situation where the people at the top are doing quite well, while most Americans are finding it increasingly difficult to make it.  There are now about 6 unemployed Americans for every new job opening in the United States, and the number of “chronically unemployed” is absolutely soaring.  There simply are not nearly enough jobs for everyone.

Many of those who are able to get jobs are finding that they are making less money than they used to.  In fact, an increasingly large percentage of Americans are working at low wage retail and service jobs.

But you can’t raise a family on what you make flipping burgers at McDonald’s or on what you bring in from greeting customers down at the local Wal-Mart.

The truth is that the middle class in America is dying – and once it is gone it will be incredibly difficult to rebuild.

The following are 22 statistics that prove that the rich are getting much richer and the poor are getting much poorer in America….

#1) According to a poll taken in 2009, 61 percent of Americans “always or usually” live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.

#2) The number of Americans with incomes below the official poverty line rose by about 15% between 2000 and 2006, and by 2008 over 30 million U.S. workers were earning less than $10 per hour.

#3) According to Harvard Magazine, 66% of the income growth between 2001 and 2007 went to the top 1% of all Americans.

#4) According to that same poll, 36 percent of Americans say that they don’t contribute anything to retirement savings.

#5) A staggering 43 percent of Americans have less than $10,000 saved up for retirement.

#6) According to one new survey, 24% of American workers say that they have postponed their planned retirement age in the past year.

#7) Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.

#8) Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#9) For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.

#10) In 1950, the ratio of the average executive’s paycheck to the average worker’s paycheck was about 30 to 1.  Since the year 2000, that ratio has exploded to between 300 to 500 to one.

#11) One study found that as of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.

#12) The bottom 40 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

#13) Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.

#14) In the United States, the average federal worker now earns about twice as much as the average worker in the private sector.

#15) An analysis of income tax data by the Congressional Budget Office found that the top 1% of U.S. households own nearly twice as much of America’s corporate wealth as they did just 15 years ago.

#16) In America today, the average time needed to find a job has risen to a record 35.2 weeks.

#17) More than 40% of Americans who actually are employed are now working in service jobs, which are often very low paying.

#18) For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.

#19) This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.

#20) Despite the financial crisis, the number of millionaires in the United States rose a whopping 16 percent to 7.8 million in 2009.

#21) According to one new study, approximately 21 percent of all children in the United States are living below the poverty line in 2010 – the highest rate in 20 years.

#22) According to Professor Emmanuel Saez of the University of California at Berkeley, the gap between what the top 10 percent of Americans earn per year and what the rest of us earn has been widening sharply for the last 30 years.  His measurements show that the top 10% percent of Americans now take in approximately 50% of the income.

  • Greg

    Robin Hood…come in Robin Hood….are you there Robin!!?? Robin, please answer me. Gary and I need you now more than ever. Really! We’re in trouble man, come quickly!

  • Gary

    As I have said before-the right wing trickle down BS is designed to eliminate the middle class. All they on the republican side have for any ideas is to reduce taxes on the rich and business. Bush and his ilk did that and look at the mess we have. WE NEED TO TAX THE RICH AND SPREAD THE WEALTH!! There are a lot of low information voters who consistently vote against their own self interest. The only people who should ever vote republican are the rich and corporations (they are people per the right wing supreme court)as they are they only folks who the repubes care about. We have such a big deficit because Bush cut taxes on the rich multiple times and started wars of choice, especially Iraq where we went to war as his daddy lost face years earlier.

  • The strongest weapon of all politics and all people on the top have always been the lack information. The truth is relative. I hope that these articles will attract people’s attention on this topic but… you know it’s hard

  • Dan

    If the top 50% of taxpayers are responsible for paying over 97% of all income taxes, I find it hard to imagine what their “fair share” should be if this isn’t sufficient. Moreover, the top 1% of taxpayers pay a higher percentage of income taxes (40.42%) than the bottom 95% (39.37%). How big does this discrepancy need to get before it is fair?


  • Dan

    @GARY – get your facts straight.

    The Bush Tax Cuts and the Deficit Myth

    The bulk of the swing (from a projected surplus to a deficit)resulted from economic and technical revisions (33%), other new spending (32%), net interest on the debt (12%), the 2009 stimulus (6%) and other tax cuts (3%). Specifically, the tax cuts for those earning more than $250,000 are responsible for just 4% of the swing


  • Duke

    What make you think that the wealthy are stealing your money and you deserve their money? Yeah I agree the scum on wall street are crooks and ripping off Americans and Robin hood should shoot them dead. But if you are talking about private business owners that work very hard for their money with time and capital and provide jobs for others, then you are way of base. Why do you want to tax them to oblivion and wonder where are all the jobs? Maybe you should read “why an economy grows and why it crashes” by peter schiff also look up Hauser law of economics that raising taxes does not increase the amount collected. Why is it that Singapore has 13% of it population are millionaires? Could it be they have a flat tax of 16% for everyone and are selective in who they allow to become citizens. Having rich people around benefits everyone because they put their capital into banks that can provide credit to others. The government and the federal reserve are the problem and not the solution.

  • nob hill

    President Obama’s Deficit Commission announced the other day that all taxes paid in to the Treasury support only three programs, Medicare, Medicaid and Social Security. The rest is financed by the sale of Treasury securities. (A lot of people like to go nuts about the Chinese holding our debt, but that’s nonsense. We’re mostly in debt to ourselves, i.e. individual American investors, pension funds and the like.) The only real danger is that a Treasury auction would fail. But, I don’t think we should tempt fate. A couple of very simple solutions could be implemented to give instant fiscal relief.

    1. A gradual lifting of the cap on Social Security contributions. Over time, the caps should be eliminated emtirely.
    2. An end to U.S. military presence outside of the United States. If foreign countries want our military on their soil, they should pay us for the services we are providing.

    That’s just a start. Of course, neither will ever be done. They’re too simple and might work.

  • Daniel

    @ Greg: “Robin Hood…come in Robin Hood….are you there Robin!!?? Robin, please answer me. Gary and I need you now more than ever. Really! We’re in trouble man, come quickly!”
    There is the problem. SOMEONE ELSE HELP ME. Someone else do the hard yards for me. ????????? And not a suggestion on how to fix things but a plea to a robber for help! The government won’t allow a thief to step in and help, they don’t like competition.

    There has been no such thing as Free Trade, EVER. The governments of the world are fixated on regulation and levies, taxes and duties. The antithesis of Free Trade. Don’t blame the theory of trade and globalism, blame your own inaction, reliance on others to pay, clothe, feed you and give you a job. Blame your own ignorance and greed, letting the slobs, thugs and thieves (purporting to be “Robin Hood”) on Capitol Hill run your life into the ground.

    @nob hill: “An end to U.S. military presence outside of the United States. If foreign countries want our military on their soil, they should pay us for the services we are providing”. I agree, let them perish at their own hand if they can in return only demand at the point of a gun (or fully loaded jet liners) that we should accept their way of life. Protect yourselves first, worry about the rest later. Imagine the Defence Bill if you weren’t involved so heavily in “Policing” the world’s trouble spots. Mind you you might have to forgo the oil from the Middle East.

  • Gary

    dan-as the right wing frequently does you are only telling a 1/2 truth. No one just pays income tax, we all pay ssi/state/sales taxes etc. The rich do not pay their fair share when you look at the whole picture . Warren Buffet even said he pays a less tax rate than his secretary. Tax all capital gains as income. Period. Tax the rich and spread the wealth. It can either be done peacefully (unlikely) or not.

  • Greg

    Good news, Gary! I finally tracked Robin Hood down and he is willing to help but he has some strings attached. You have to commit to see the sequel when it comes out, along with your entire family, and it can’t be a matinee and it certainly can’t be a Redbox rental. He got pretty upset when I told him that sounds like he may have some nasty old capitalist aspirations going on there but fortunately he calmed down and still promised to help. I told him you would let me know who he should start robbing and was pretty sure you would have him pillage and execute a few right wingers for starters. Send me a list and I will forward it on to him.

  • Nice research, The American Dream team! I hope you don’t mind that I’ve pointed to it on my website? Cheers!

    • Admin

      We actually very much encourage other websites to use our material.

      The only thing that we ask is that you include a link back to the original article.

      Thanks for helping us get the word out!

  • DP

    @Dan, Daniel and Duke. I don’t think you folks read the article very well. It is about the destruction of the middle class. If you can’t see that a family of four having to get bye on $40,000 a year after taxes is going to have it tougher than a family of four with $200,000 after taxes reguardless of there tax rate then your missing something. It’s all about the run away greed and that is sweeping this country today. Don’t tell me about bootstraps when you can’t afford boots or rising tides when the boat is strapped to the bottom. Too many psychopaths, too little time.

  • Gary

    Greg-I am so happy you agree with me. I knew my insightful, witty , and educational posts would pay off. Notice that you did not even mention all the end of the world stuff. Progress on your part.

  • Scott Mollett

    Anyone who still believes there is any differences between the republicraps and the demicons is a naif.

    All our federal politicians are whores and the Wall St pimps have them on the street 24/7.

    Until all the naifs wake up to reality nothing will change. When enough do finaly snap out of it it is going to get real ugly real fast.

  • Jason

    Both the fascist Republicans AND the communist Democrats are out to get us. The choice we now face is weather we want to live in the Soviet Union or Nazi Germany. Sad.

    Jason the Fed

  • Arlenice Carbajal

    We tend to brainwash ourselves into thinking whatever we want to think and/or believe. We may be dead wrong and yet, we insist on believing whateve we want to believe! – The bottom line: It is the rich that provide the jobs and the sadly; the government takes.Takes. and Takes! We want to blame the rich, and yet, we are our own worst enemies. We don’t hold on to a cent. A great majority are smokers; they claim that they can’t live without a smoke. Others are drinkers and they may not have a cent for food; but always manage to find whatever it takes to get their booze. Then when you tell them that with the money that they spend on cigs and/or booze; they could have bought one, two or three houses….they seem to agree; however they’ll say that they can’t be without their cigs and/or booze! This people end up on welfare, government assistance and they are very young…what will happen as they get older? I just read the news that in Korea they are performing surgeries and amputations without anasthesia! as frightful as it sounds; what awaits America with all the expenses that the government continues to create? We aare living in dangerous times. We must vote out the democratic party on Nov.2,2010 and 2012 – And pray that the Republican Party can (with the help of God) turn the tide around for our America’s good.

  • John

    I probably shouldn’t…but I can’t resist. Look, in a world where there is paper currency, or any other medium of exchange whose value is controlled by a central entity (be it the government, or Federal Reserve, or any other body), there can NEVER be a free market. Whoever controls the value of the currency has all the power.

    Basically, in exchange for the “convenience” of not having to barter, and in essence, civilization itself, you get to be a slave. So quit whining. None of you would choose to go back to the world of barter, and the consequent reduction in standard of living.

    But…here’s the catch: our standard of living is being reduced anyway. AND you still get to stay your slavish self. So you won’t get the benefits of civilization (only the elite ruling class gets that), and you’re still a slave. At least some people are now realizing this. But expecting the masses to discover the proper course of action is a long-shot at best. Its always easier to control a slave if he doesn’t know he’s a slave. If he has the illusion of freedom, he won’t try to escape. Wake up, America. Your chains await you…

  • Beverly Stowitts

    Here’s the thing. In the United States anyone can have a gun. You can outright own one or just wait to get one through a relative or through some other means. Having one does not mean the gun police will come to your door to look for it–not until it is used. Now, put that thought together with something known as “tipping point.” This is a common term in environmental studies. When any species goes through serious change, serious enough to cause extreme threat, that species experiences a tipping point. It is when stress is so overwhelming that the species in stress creates serious change. It can be overall die out of the species or revolt against the stress. This is a simple reminder of history, not a plea for bloodshed. Remember what happened in France in 1789-99? The wealthy might be headed for trouble.

  • Ellen Churchill

    The tipping point comment and Middle Eastern oil. First, the tipping point comment is a good one. When any species gets completely stressed it will either die or fight back. That is assured! Now, on to Middle Eastern oil. All oil, found anywhere on the planet, if extracted by an oil company and sent to a refinery, is put into the World Oil Market. ALL OF IT! It does not matter where it is found. Yes, some revenue is often granted to the nation where the oil is found, but the oil is never put on hold for that nation of origin. I wish that more people realized that fact–it would end the clamor that domestic drilling means energy independence. It does not. Anyone can look up that fact–it can be googled!

  • Bryan

    The richest 400 families in AMerica paid a 16.6% tax rate last year not counting what they are hiding in Swiss and Carribean tax shelters,what they are deducting form their taxes such as vehicles, health insurance, trips, cell phones, computers, etc. etc., In thruth the uber rich pay alot less percentage wise than an American factory worker.

  • Bryan

    There has never been a country in the world that created a dynamic economy by having free markets, not a one. They ALL did it by protecting thier markets. The belief that “Free Market Capitalism is the best path to prosperity” only holds true for the uber wealthy. For the American worker it is the path to destitution.

  • Common Tater

    Most of our economic woes can be traced to the incestuous relationship between government and banks, represented by the central bank of central banks, i.e. the Federal Reserve system.

  • Greg

    The end of the world is coming soon, Gary, but there still has to be more Biblical fulfillment so we are a few years away. In the meantime, we all have to be ready for some serious ups and downs. We don’t disagree on everything but certainly on this key point – you continue to think that a government already controlled by “the rich” is going to be your answer through your spread the wealth fantasy. The bankers who are now so fabulously rich(er) because of the TARP money the taxpayers gave them are one example of who is going to benefit from more taxes. I am sure any of them who read your blogs would cheer you on! But now that I think of it, maybe you are actually a rich fat cat posting your silly blogs in an attempt to dupe the gullible into asking for more taxes to be levied. I’m not falling for it.

  • Jim Shores

    This is too easy; arrest the NWO/FED thieves, confiscate their ill-gotten assets via “Asset forfeiture due to fraud”, give these trillions of of dollars back to their victims. Have trials and sentence based on magnitude of crime and punish accordingly. What could be more fair and just?

  • Jon

    Gary’s simplistic nonsense can be easily debunked by a very brief look at history — look at everyplace that has ever existed where they tax the rich at exorbitant rates and redistribute. They are economic basket cases. Not that the US isn’t a basket-case now, but for many years we were not.

    Taxing anyone beyond 10% of their incomes regardless of their earnings is immoral and unethical. If we can’t pay for certain things because we can’t tax people at whatever rates we please, well then that just means we can’t pay for everything now, can we.

    Gary’s type of thinking is abhorrent and alarming, particularly because guys like him have such screwed up moral compasses. They simply cannot, and will not believe that the world is not and will never be economically fair for everyone. Forced equality of results just makes everyone poor, dependent, and stupid. But people like Gary will never learn that lesson.

  • Henry

    There are no left-wing wacko millionaires, not one.
    By the way, the Demonrats have a majority in all three houses, so what’s holding up the show.
    The Republicrats can only flap their lips. They have no power. Where is this “Party of the People” that I joined in the 70’s?

  • Stop going to the big box stores and stop buying stuff “made in China”. That’s the easiest first step most of you can take that will begin to make a small difference.

  • John

    The redistribution of wealth goes both ways. All could be stopped now by ending fractional reserve banking, going to the gold standard, and stopping immigration. It is that simple. The global elite have intentionally flooded this country with low I.Q. scum who then stupidly vote for the things they fled their country to escape. The lack of a gold standard allows filth like George Soros to become a Billionaire, when at best he should be a shoe-shine boy. Fractional reserve banking allows filth like Bernanke to create money from thin air defying the natural laws of physics(creating inflation making the majority poorer because they don’t own enough real assets). Finally, abolish the income tax, the Federal Reserve, and build resilient communities(become more self reliant). Try to provide 90% of your needs and outsource 10%.

  • carlo

    @Gary: knock off your Rep vs. Dem crap. Seriously that argument does not move anything forward. The incomes have been dropping for 30 years which means that both the Dems and Republicans have fault in this. We have been sold a bill of goods by both parties and no one seems to want to change course. The way that I see it, there will be some type of revolution in this country (maybe not violent) because we are too smart and too hard working a nation to die on the vine like this. We as Americans have to start coming together as a nation and force the real change in politics (not the BS change that Obama was spewing but real change where we start rebuilding this country back to its greatness). We first must realize that both parties have sold us down the river.

  • Jon

    Reality is that people like Gates and Buffet don’t pay many taxes because they don’t draw big salaries and they reinvest all their gains so they are not taxable. Then you figure they own non-taxable bonds such as some muni bonds which give them sheltered income. They also can afford the best accountants on the planet to tell them when and how to move money to protect as much of it as they can. It is not loop-holes or fancy “rich guy” tricks at all. Buffet supports higher taxes for Americans because he pays a low percentage because of his low taxable income. If taxes are high he hopes the cost of savings will go up and that he can get a higher return on his tax free investments. Washington is broken, Wall Street is fearful because the Gov’t is moving us away from capitalism so they are all in survival mode. It is not our survival they worry about but, their own. It is not their jobs or their legacy they worry about but, their personal life-styles. How many politicians went to DC from normal middle-class jobs and came home with hundreds of millions in the bank? For the last 30 years DC and Wall Street have been teaming up to place blame on each other dividing us as a nation and stripping us all of our collective wealth. Higher taxes are not the answer and would only make the economy worse with one exception. They should take he cap off FICA contributions but only if the money stays in the program and is not spent “as seen fit.” Honesty in DC is what we need…a Gov’t for the People and by the People. Politics has become the ultimate Get Rich Quick scheme!

  • Matt

    @Gary: You seem to be suffering from the same misconception a lot of have-nots have, that is: For some “rich republican” to make money, someone else must necessarily make less. You seem to think there is some magical “money pie” in the sky that everyone is entitled to a slice of – and that every large slice taken by someone means that someone else got shorted their “fair share”.

    You are wrong.

    There is no “money pie”. Wealth is created by talented people who combine innovation, ideas, capital and yes, labor, to add value to the economy. Wealth is CREATED. If you want some, CREATE some instead of trying to steal the product of someone else’s hard work and innovation.

    Damn thief.

  • Matt

    @Gary: Give it up on trying to blame Bush for this deficit. Yes, he added to it and was roundly criticized by me and others for doing so. But if what he did was so awful, why aren’t you criticizing Obama for TRIPLING it??? Why? Because you are an intellectually dishonest um, person.

  • eric

    Culprits: large government, large corporations, and central banking. We need to get as far away from these as possible. We need to get back to buying and making things locally from local businesses and craftsmen. Our kids may not have a room full of foreign plastic gadgets and we may have to stop throwing our cell phones out every year, but at least much of our community would be fully participating in the economy. The battle between the Jeffersonian future and the Hamiltonian future of this country has fully swung Hamilton’s way. Read the essays from both of these founders. Jefferson fully predicts the exact problems with this country based on the victory of the Federalist constitution.

  • Doc D

    @Henry George Soros (AKA Soros György) comes to mind

  • Jerry

    Interesting to see how quickly people forget – if they even knew to begin with – that a lot of the blame goes to Mr. Clinton.
    Back in 91, the NAFTA and GATT treaties were dead in the water under daddy Bush, and were never going to come out of sub-committees… then along comes Clinton. Clinton established a review committee to “look into” making the NAFTA and GATT work for the “American people”.
    Sir Edward Goldsmith of the Parliament of England came to speak to that committee back in very early 93 and warned the US of the following:

    “up until now, whenever we talk of global free trade, it’s automatically understood that we’re talking about countries competing in a market where the cost of labor and material are basically the same… but if you adopt NAFTA and GATT (which would later become the World Trade Organization WTO) you’ll be competing against communist block and third world countries whose labor rate will be 25 cents per hour against your $10.00 per hour and they will destroy you.”

    Henry Kissinger said that: “… if Clinton could get NAFTA passed, he will have done the job he was put into office for”.
    Lo and behold, Clinton did it and even got the GATT thrown in as a bonus – but only after he literally bought the votes needed to get the job done.
    So please, don’t go blaming ‘the trickle down effect’ or those nasty Republicans… if memory serves, the first two years of Clinton’s first administration had a democratic controlled House and Senate which is when the NAFTA and GATT treaties were adopted and passed.
    And for the sake of argument, I’m a registered ‘independent’ voter.

  • sauron

    I wonder why it is when I read these responses that the leftys all seem to cry “Give me something fo nothing.” and the rightys all give a well thought out responce which is full of refereces and actual factual information.
    The gov’t is not here to “take care” of you. That is your responsibility. If you see to many people getting rich stop being jealoue of them and join them. That is the American dream. If you want to have more go out and get it. Don’t cry about someone else “Taking” yours.

  • GoneWithTheWind

    Most of what you used as “proof” was merely proof we are in a deep recession, nothing more then that. Two other points: 1)The poverty line is a meaningless and arbitrary number. I could easily live comfortably below the poverty line and in fact did so for many years. The primary purpose of this politically choosen number is to allow politicians to increase welfare benefits and secure votes. 2)Why would you care about millionaires or how many there are. We would all be better off if there were twice as many or three times as many. What you should be concerned with is the higher taxes and repressive policies of our government that keep all of us from becoming richer. Millionaires invest their money in companies that hire workers. We want more of them not less and we want more opportunity for all of us to keep more of our money and not have it taken from us by the government.

  • Chas Steele

    You gave 22 reasons why the middle class is being wiped out.
    I only need one. The middle class refuses to fight for their right to exist. American are so used to living on their knees that to stand and fight makes them ill. Terrified slaves or free independent Americans. If you need government or groups and coalition to speak and stand for you, then slavery it is..

  • jw


    We’re not living on our knees, we’re sitting on our sofas staring at the TV. Every middle class household (and many poor ones) can afford satellite and cable TV service. 30 years ago we could get 30-40 channels. Now we can get 200 – in hi-def on a screen as big as the side of a house. Now that’s progress!

    Throw in a heaping helping of junk food, and we’re too fat and lethargic to get off our arses and figure out what to do about all this, besides making another beer run.

    Yep, we’re getting wiped out. As long as get American Idol in hi-def surround sound, porn on the internet, and stacks of industrial-grown hamburgers, who cares? Right?

  • Mattwm

    when will liberals stop blaming Bush for everything? i don’t believe the poor are getting poorer. they may not have money, but the government is giving them more and more every year. what used to be poor is now call homeless, and what used to be middle class is now poor because the governemt is taking from them to give to the not so poor anymore.

  • jmt

    This article appeared on the front page of Yahoo today and has since been wiped cleaned. Who was behind that editorial decision?!

    • Admin


      Can you give me some more details about this? I would really try to figure out what happened.


  • Quoting the Wall Street Journal does not give credence to any point one is trying to make. It is no longer a reliable source.

    Although the above statement may be true…you can’t use a publication as biased as the WSJ to prove anything.

  • Rick Pulver

    Many brilliant insights here which serve only to expose a political ineptitude that pales in significance to all idealogues I’ve ever run across. Many, like the socialist sheep they are, want to make this a left/right, Republican/Democrat issue and, by doing so, reveal a deluded agenda that only serves to measure the degree in which political propaganda/window dressing has blinded them to truth. One common trait I see in your kind is the age old bane “don’t confuse the issue with facts.” The only revelation/truth in your twisted/deluded surrealistic idealogy, beside the fact you have bought into decadent popular political fodder, is that by burying your head in the sand you leave your a$$ a convenient target.
    This is not a left/right, Republican/Democrat issue that contaminates our politico. Those distinctions in party or idealogy are merely tools of the trade employed to distort, confuse and pacify those foolish enough to listen.
    When, and only when I see sweeping indictments in our congress, on Wall Street and big banking for raping the world economy, will I then begin to believe real “change” is beginning. Until then it is business as usual accompanied by the same hollow rhetoric/window dressing that people have fallen for in the past.

  • terrell

    Greg, I want to inform everyone about the status of the middle class. If you tax the rich, it means more regulations and other hidden taxes on business that are starting out. Big corporations are in with the government. If big corporations are not sitting at the table with government officials, then they will be on the menu to be taking out. I have lived in the DC area for almost 20 years and I have seen the system dying out. Globalism has taking over and you have to understand NEW WORLD ORDER language to begin to comprahend what is really happening. All people in Congress do not have the best interest of this country. It was already written in the good book, the BIBLE!

  • Jack E Lohman

    No answer? It can be private.

  • Jack E Lohman

    Still no answer? I thought the question was honest and non offensive. Is there something I’m overlooking?

  • PuppetLeftPuppetRight

    Here’s an idea! The US will be spending somewhere in the ballpark of $880 billion to $1.03 trillion for defense this year. Many Americans think that our involvement overseas is not worth the expense, but the goverment officials and the businesses that stand to profit from our involvement always reiterate to us that our presence overseas is warranted, desired and/or neccessary – that the US provides an invaluable service to the citizens of Country X Y or Z. Okay, well if this is the case and what the military-industrial complex is offering really is such a wonderful service to whatever country we happen to mix ourselves up in, let’s start charging them for it! Instead of us shelling out our hard-earned tax money, let’s have the countries we’re “helping” pay for our invaluable services. I mean, if indeed what we’re doing overseas really is as helpful as the talking heads claim it is, the countries we’re occupying currently will have no problem paying us for our “help”, right?! Pshh! We’re doing them a favor! ….or not so much…