Post the dot-com boom where wages had taken a ballistic trajectory there was the inevitable falloff. STEM corporations use H1B visa and freshouts paid at bottom of the rung salaries to reset their salary base while laying off highly experiences highly paid employees... It's a cycle.The point is that if you divide middle class income families by the number of income earners you have a completely different chart. Put another way if you show that chart by income earners instead of by families then you have a chart that looks more like the ones pushed by the people arguing that middle class income sucks. Further, if you limit the examples to non-government payroll it gets even worse.Andy you'll note it says "families." One of the changes that occurred over that time frame was more and more single income families changed over to two income earning families. So the delta does not necessarily convert to more income per person but could merely be a factor of additional income earners per family. You'll also note that it ends at 2009 so does not reflect the bulk of our recession.Yes, the chart confirms the liberal "meme" about the *gasp* shrinking middle class! Yet you can see by the demographics, the low-income families have actually declined slightly as well. The number of upper-income families are rising.
People are ever-changing in life... the outdated Socialist propaganda they have is all geared around a populace who is imprisoned to their class in life... they are the worker class... that's why they are always talking about "the worker" when they yammer on. In OUR country, people don't have to stay in the same class... if they have motivation and ambition, they can better their lot in life and become wealthy. And that's precisely what people do in a free society.
Ok. I kept thinking something this conclusive can't possibly have escaped my notice before.... which is why I wanted you to confirm I was reading it right.
See, this is why I hate the media so much. Clear evidence like this is never presented.... yet the leftards complain about Faux Newws.... As if their media outlets are doing better.
Gah.... these people.....
Yes, it's showing the number of families in three various groups, simply defined by income adjusted to 2009 dollars. Yes, there are many more 2-income families now than in 1967. Some households may have 3-4 incomes. What is your point? The ARGUMENT is what is happening to the so-called "middle class" and we see by the graph what is happening very clearly... they are earning more income per family and rising to upper-income level. But this is where the left gets their "middle class is declining" bullshit from. It relies on the simple-minded idea that "the middle class" is this monolithic group of people who, from cradle to grave, are always "middle class" and never any change. Same with "the poor" or "the wealthy" ...it's as if the same people occupy these classes year in and year out and we never have any cross over.
You have been brainwashed and programmed to think like this by Socialist Marxists. This ideology spread and thrived all across Europe and Asia where people were NOT FREE. They did not have the opportunity to aspire to a higher "class" because they were relegated to whatever "class" their ruler or king assigned and that was LIFE for them. The "Workers" are people who have no other choice or option in life... they are enslaved to be "workers" until they die. They can't BE BOSSES!
ALL of the Liberal Socialist Marxist arguments against free market capitalism and free enterprise... ALL the 1% vs. 99% Occutard Shitting on Cop Cars BULLSHIT.... All the War on The Rich... Multi-national Corporations... Speculators, hedge fund managers, CEO salaries... ALL of it.... is predicated on a societal structure where the people have no mobility of class... they cannot move up the economic ladder because of the class they've been assigned in life. They are not FREE people.
In THIS country, people are free to be whatever they dream. People escape lives of destitute poverty... a close personal friend of mine is a singer you've probably heard by the name of Jewel. She was homeless... living in her car when she signed her first record deal. Oprah Winfrey was a sexually-molested poor black girl in rural Mississippi... it does not get much more ABJECT than that... she is now the wealthiest woman in America. Mike Huckabee... someone else who came from abysmal poverty... there are thousands... millions of stories like theirs.
Free market capitalism and the free enterprise system we have, has produced more millionaires and billionaires than any other system ever tried by humans.
That's true.... but then whose fault is that?
Where I work, there's a chick there who has a degree in Engineering. Now my company is a small (20 people including 2 interns) company that is a very lax... very loose... easy going.... place to work. But the pay sucks. You can earn more nearly anywhere.
So she back in 2012, decided to quit, and get a job at a major national company. Her pay nearly doubled. But.... she was expected to stand and deliver. She was rolling in the cash, but she was working for it.
8 months later, guess who is calling up our company asking to come back. She's back in her old position again. She disappeared 8 months because she had a baby. She comes in at 10 AM because her son's school closed. She calls off work because "baby is sick".
What's my point? Women specifically, and teenagers also, make choices to work easy, lax, low stress jobs, that pay far less than other jobs, because they live in a household that has other income.
By the way, I do the same thing. I could easily double my income. I just don't want to do the job. I'm lazy.
I don't blame the economy for my income being what it is, when I made the choice to have the income that I have.
Problem is, many people do. And people looking at abstract numbers do the same thing.
But to claim that wages have declined, is ridiculous. If you take a look at any specific job... not wages over a broad industry.... but SPECIFIC jobs.... wages have NOT declined.
![]()
Programmers.... mechanical engineers.... electrical engineers..... computer software developers....
And by the way, be careful of "Average Salaries". When you see a chart containing "Average Salaries", you should notice that salaries seem to fall during economic growth times, and spike up during recessions. People seem to forget that, the people harmed the most by a recession are new entry level, or new employees. People can't find jobs during the recession. The people who are highly skilled and thus earn a higher pay, still have their jobs. Thus the average goes up.
Then when the economy recovers, and all these low-pay entry level people find jobs, the average goes down.
Far from proving wages are falling, it only proves more people are finding jobs.
I make very good money... and yes I could make even more if i wanted to travel or run my own company again.