Thursday, December 10, 2015

Today American Middle-Class is No Longer the Majority, and Sliding

Study: US middle-class families are no longer in the majority | The Sacramento Bee 

Yep. And shrinking. Search this site for "1%" "or "2%" for more on growing income inequality. Or search "income inequality" or "Bernie Sanders", "Robert Reich", or "Mitt Romney".

Shame the robber barons that are deflating the soul of America -- shared prosperity, a huge healthy middle class. Middle class wages have not grown in 30 years. Search this site for "middle class"; while the top 1-2% have taken all income growth in the last 30 years.

Today, "...below 50 percent of the total this year, Pew found. In 1971, the middle
class accounted for 61 percent of the population, and it has been
declining steadily since."


Read more here: http://www.sacbee.com/news/nation-world/national/article48918655.html#storylink=cpy

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