62 Percent Of All U.S. Jobs Do Not Pay Enough To Support A Middle Class Life

We just got more evidence that the middle class in America is rapidly disappearing.  According to a shocking new study that was just released, 62 percent of all jobs in the United States do not pay enough to support a middle class life.  That means that “the American Dream” is truly out of reach for most of the country at this point.  Today, Americans are working harder than ever but the cost of living continues to rise much faster than our paychecks are increasing.  Earlier this month, I went and looked at the latest numbers from the Social Security Administration, and I discovered that 50 percent of all American workers make less than $30,533 a year.  But that is just above poverty level.  In fact, the federal poverty level for a family of five is currently $29,420.  Most families are just barely scraping by from month to month, and most U.S. workers are just one major setback away from falling out of the middle class. (Read More...)

Hordes Of Anti-Trump Democrats Are Lining Up To Run For Congress In 2018

If Republicans don’t wake up, there is a very real possibility that we could lose control of the House of Representatives in 2018. And if that happens, Donald Trump’s agenda will be dead in the water because the Democrats will use their majority to block everything. Trump’s surprise election victory last November was perhaps the single most galvanizing moment for grassroots Democrats in this generation. Just as the election of Barack Obama gave rise to the Tea Party movement, we are now seeing a tremendous amount of energy among liberals all over the nation. If Republicans cannot match this energy, we are going to be in for quite a shock in November 2018. (Read More...)

The Republicans In Congress Have Betrayed Us Again

I guess by now we should be accustomed to politicians lying to us. For years, Republicans have been promising to repeal Obamacare if we would just give them control of the White House, the Senate and the House of Representatives. We did that, and now they are breaking that promise. Because even if “Obamacare 2.0” miraculously gets through the Senate, most of the essential elements of Obamacare will survive. If you look at the latest Senate bill, most of the Obamacare subsidies are still in there, many of the Obamacare taxes are still in there, and most of the Obamacare regulations are still in there. On top of everything else, the bill would create an absolutely massive health insurance company bailout superfund, and that is something that the Democrats never even dared to do. The bill being pushed by Senate Majority Leader Mitch McConnell wouldn’t actually fix much of anything, and it certainly cannot be called a “repeal” of Obamacare. (Read More...)

5 Trends That Are Destroying The Middle Class In America

The middle class in America has been shrinking for decades, and our leaders seem powerless to do anything about it. Two years ago, the middle class became a minority in this country for the first time ever. In other words, the middle class now accounts for less than 50 percent of the population. But back in the early 1970s, the middle class made up more than 60 percent of the population. I have often compared being in the middle class to playing a really bizarre game of musical chairs. When the music stops playing each month, more chairs are being pulled out of the middle class, and most of us are just hoping that we will still have a chair for the next go around. (Read More...)

One-Third Of All Americans Don’t Make Enough Money To Even Cover The Basic Necessities

Sad Child - Public DomainDo you remember the days when it seemed like almost everyone in America was middle class?  Unfortunately, those days are long gone and the grinding down of the middle class in the United States appears to be accelerating.  According to a brand new study that was just released by Pew Charitable Trusts, household spending increased by 14 percent between 2004 and 2014, but median household income decreased by 13 percent during that same time period.  Both of those figures were adjusted for inflation.  What this means is that the cost of living has steadily gone up, but our incomes have gone down.  In fact, as you will see below approximately one-third of all Americans don’t even make enough money to pay for the basic necessities at this point.  The middle class is being squeezed like never before, and very few of our leaders seem to care. (Read More...)

The American Dream Is Dead, And Now Even The Mainstream Media Is Starting To Admit It

Cemetary Graveyard - Public DomainAre you living “the American Dream”?  If so, you should consider yourself to be very fortunate, because most Americans are not.  In fact, as you will see below, a new survey has found that there is nowhere on the entire planet where the average wage earner is making enough money to live “the American Dream”.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now the middle class makes up a minority of the population, 51 percent of all American workers make less than $30,000 a year, and poverty is growing rapidly.  The American Dream is essentially dead, and even the mainstream media is starting to figure this out. (Read More...)

Sayonara Middle Class: 22 Stunning Pieces Of Evidence That Show The Middle Class In America Is Dying

Uncle Sam - Public DomainOnce upon a time, middle class households took home 62 percent of all income in America. Today, that number has dropped to just 43 percent. This is just one of the absolutely astounding statistics that you will read about in this article. Over the years, the middle class in America has been in steady decline. Our incomes have been going down, our net worth has been going down, the quality of our jobs has been going down, and yet the cost of living just keeps going up. As a result of all of these factors, more Americans are living in poverty today than ever before, and dependence on the government has exploded to unprecedented levels. (Read More...)

20 Super Wealthy Individuals Have More Money Than The Poorest 152 Million Americans Combined

Wealthy - Public DomainDo we need any more evidence before we will finally admit that the middle class in America is being systematically destroyed? As you will see below, when you add together all of the wealth of the poorest 152 million Americans, it still falls short of the combined net worth of the 20 wealthiest Americans. This is a list that includes Bill Gates, Warren Buffett and Mark Zuckerberg. To many, the core of the problem is that people like Gates and Buffett are making too much money. But I disagree. There is nothing wrong with working hard, building a company and making lots of money. The real problem is the fact that the bottom half of the country is steadily getting poorer. Once upon a time, this nation had the healthiest and most vibrant middle class in the history of the world, but now that middle class is dying. If we don’t do something about this, soon we may not have much of a middle class left. (Read More...)