Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

[Carla_Danger]

Except flipping burgers is no longer a high school summer job. I think the average age is now 29.

Tough titty. That they are unskilled at age 29 does not entitle them to wages commensurate with skilled labor, nor should those employers be expected to financially cover their employees' lifetime lack of ambition.

Then tax payers will continue to subsidize these workers instead of companies like Walmart and McDonald's who can certainly afford to pay their help better.

Why are we subsidizing anyone? Charity is not a constitutionally-mandated power.

Because we don't let people starve in this Christian nation.

 

[JimBowie1958]

When will Middle Class people wake the hell up and defend their economic rights CLEAN of leftwing Marxist bullshit?

Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

We just got more evidence that the middle class in America is dying. According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year. Let that number sink in for a moment. You can’t support a middle class family in America today on just $2,500 a month – especially after taxes are taken out. And yet more than half of all workers in this country make less than that each month. In order to have a thriving middle class, you have got to have an economy that produces lots of middle class jobs, and that simply is not happening in America today.

You can find the report that the Social Security Administration just released right here. The following are some of the numbers that really stood out for me…

-38 percent of all American workers made less than $20,000 last year.

-51 percent of all American workers made less than $30,000 last year.

-62 percent of all American workers made less than $40,000 last year.

-71 percent of all American workers made less than $50,000 last year.

That first number is truly staggering. The federal poverty level for a family of five is $28,410, and yet almost 40 percent of all American workers do not even bring in $20,000 a year.

If you worked a full-time job at $10 an hour all year long with two weeks off, you would make approximately $20,000. This should tell you something about the quality of the jobs that our economy is producing at this point.

You do know that's taking into account part-time workers. The figures you are working with are not household income figures. The fact that a lot of companies have reduced the work week from 40 to 30 hours to get around Obamacare has something to do with that figure as well.

While all of that is true, the stagnant wages of the AMerican middle class combined with the increase in taxes since 1970 and inflation of big ticket items like food and gas which are not on the CPI are driving the Middle Class into extinction, and who will there be to do the consuming that drives the economy?

More H1-B indentured workers?

 

[JimBowie1958]

Screaming for more pay for mediocre work will speed up the process.

Did you know that the American workforce is the most efficient, in terms of value added per hour, of any workforce in the world?