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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGoodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year
http://www.washingtonsblog.com/2015/10/goodbye-middle-class-51-percent-of-all-american-workers-make-less-than-30000-dollars-a-year.html"Washingtons Blog
Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year
Posted 16 hours ago by WashingtonsBlog
By Michael Snyder, End of the American Dream.
The Middle Class - Public DomainWe 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 cant 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."
Cal Carpenter
(4,959 posts)That's even more stunning..
Nearly 2 out 5 workers made LESS THAN $20K last year.
grahamhgreen
(15,741 posts)artislife
(9,497 posts)Have cars that are on the edge, if we are lucky. We take jobs that can crush your soul in a heart beat.
Sanity Claws
(21,846 posts)At least that's how I understand Soc Sec figures. It is not just limited to an employer's report of how much it is paying its employees.
hibbing
(10,096 posts)We all know what the proposed solution from the other party is, more tax cuts for the billionaire class. I don't have much faith in the predetermined nominee for the Democratic party addressing this disparity in any substantial manner.
Peace
hifiguy
(33,688 posts)She is a wholly-owned subsidiary of the billionaires and tenth-percenters and has been for years if not decades.
She will faithfully advance their interests and the interests of the military-industrial-intelligence complex and NO ONE else's.
That and self-advancement are her only core convictions.
JRLeft
(7,010 posts)Shandris
(3,447 posts)You might have noticed that we're starting to develop a REAL lack of those. I'm sure that was entirely accidental, though. Couldn't be helped! ¯\_(ツ )_/¯
mmonk
(52,589 posts)I'm thinking of my sons.
hifiguy
(33,688 posts)They will not be satisfied until the masses are dead.
Fuck capitalism and the capitalists.
xynthee
(477 posts)Truprogressive85
(900 posts)and you wonder why people are fed up with the status quo ?
These people work their ass off just to get crumbs every pay period
They have kids to feed
The rent to pay
daycare
transportation
bills
Yet we cant raise the taxes on the wealthy or penalize corporation who hide their profits overseas because they don't want to pay taxes ? give me a break
I want to know the labor participation number
noiretextatique
(27,275 posts)I'm with you: I have not seen this so-called recovery. The 1%, however, continues to prosper.
Rex
(65,616 posts)This is in large fault, the DC bubble crowd and their failure to understand 250k is NOT a middle class salary and that we are all NOT making 250k a year!!
Denial is dangerous to a healthy democracy.
lpbk2713
(42,753 posts)Thanks to Reaganomics and the BFEE. There was a time when it was not unreasonable for parents to hope that their next generation would do better in life than they did. Now it is almost a certainty that they will do worse thanks to the GOP war on the Middle Class.
hifiguy
(33,688 posts)Especially from Bill Clinton and the Repuke-lite DINOS, who all wanted to cash in on that glorious gravy train of sweet, sweet corporate money. And Obama has been just as bad:
First - he appointed Geithner and HRH before he was even inaugurated
Second - he made sure he appointed an AG who would and did cover for the banksters in every way possible, prosecuting no one and letting them keep every last dime they stole.
Third - he let Big Pharma and Big Insurance dictate all the most important terms of the ACA while inviting supporters of anything useful to get the fuck out of the room.
Fourth - TPP/TTIP, need I say more.
Fifth - soldiers staying in Afghanistan, apparently forever/drone war assuming unprecedented and very secret proportions. War Then, War Now, War Forever. Profits Trump Peace, to quote a Little Chimp.
Sixth - THIS unbelievably horrendous and corrupt pile of bankster-enabling horseshit:
http://www.democraticunderground.com/10027274291
Bubba and Obama pantsed REAL Democrats in front of everyone right in the middle of the schoolyard. They served their corporate masters very well indeed. Obama will be rewarded even more handsomely than Clinton was if he manages to ram through TPP/TTIP.
Never again will I vote for any corporatist. Ever.
lpbk2713
(42,753 posts)And very well said.
The rich get richer and the poor get shafted.
grahamhgreen
(15,741 posts)arcane1
(38,613 posts)closeupready
(29,503 posts)romanic
(2,841 posts)We sold out solid middle class jobs like manufacturing for crappy retail and service jobs that pay jack squat. Not everyone can afford or are capable of being in college so there's no step up to get out of that low-tier level. Were screwed.
jtuck004
(15,882 posts)SheilaT
(23,156 posts)in the lowest earning bracket have only part time jobs.
EEO
(1,620 posts)forest444
(5,902 posts)Historically, it was always the other way around.
Enthusiast
(50,983 posts)hifiguy
(33,688 posts)Back in the 1970s there was a document called "National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests.
Promoted by noted War Criminal Henry Kissinger, the thrust of this document was that US security would be greatly enhanced by depopulating the third world. The Director of the CIA was designated as one of the principals to put it into action. That man's name was George H.W. Bush (surprise!).
This plan has been on the table for 40 years. That was just a trial run. Now they're gonna bring it on home.
This article appeared as part of a feature in the December 8, 1995 issue of Executive Intelligence Review, and was circulated extensively by the Schiller Institute Food for Peace Movement. It is reprinted here as part of the package: Who Is Responsible for the World Food Shortage?
Kissingers 1974 Plan for Food Control Genocide
by Joseph Brewda
Dec. 8, 1995
On Dec. 10, 1974, the U.S. National Security Council under Henry Kissinger completed a classified 200-page study, National Security Study Memorandum 200: Implications of Worldwide Population Growth for U.S. Security and Overseas Interests. The study falsely claimed that population growth in the so-called Lesser Developed Countries (LDCs) was a grave threat to U.S. national security. Adopted as official policy in November 1975 by President Gerald Ford, NSSM 200 outlined a covert plan to reduce population growth in those countries through birth control, and also, implicitly, war and famine. Brent Scowcroft, who had by then replaced Kissinger as national security adviser (the same post Scowcroft was to hold in the Bush administration), was put in charge of implementing the plan. CIA Director George Bush was ordered to assist Scowcroft, as were the secretaries of state, treasury, defense, and agriculture.
The bogus arguments that Kissinger advanced were not original. One of his major sources was the Royal Commission on Population, which King George VI had created in 1944 to consider what measures should be taken in the national interest to influence the future trend of population. The commission found that Britain was gravely threatened by population growth in its colonies, since a populous country has decided advantages over a sparsely-populated one for industrial production. The combined effects of increasing population and industrialization in its colonies, it warned, might be decisive in its effects on the prestige and influence of the West, especially effecting military strength and security.
http://www.schillerinstitute.org/food_for_peace/kiss_nssm_jb_1995.html
Oh, might I point out that HRH is bestest of buddies with Kissinger?
Enthusiast
(50,983 posts)smirkymonkey
(63,221 posts)Actually, on second thought, it's not unbelievable. It's completely believable. The people running this country, the establishment, are all complete sociopaths and I would put nothing past them.
grahamhgreen
(15,741 posts)KamaAina
(78,249 posts)Not by a whole lot, especially for a middle-aged Ivy League grad, but...
juxtaposed
(2,778 posts)union workers were the back bone of the middle class.
leftyladyfrommo
(18,868 posts)And this is what happens.
whatthehey
(3,660 posts)Median FT is $803 or over 40k.
Since this site not only parrots the silly "94 million unemployed" lie but also adds the ludicrously false claim that they are all "of working age" (when in reality it's 16 and over with no max) I wouldn't trust it for much else either.
http://www.bls.gov/news.release/wkyeng.nr0.htm
AOR
(692 posts)the bottom line is that half the people in this country exist on less than 27 grand a year. The facts on the ground don't lie. Of course those who live in bubbles are thoroughly ignorant of the facts on the ground for multiple millions of the struggling and poor.
whatthehey
(3,660 posts)But unless you think HS juniors and nonagenarians are the workforce, they are still lies.
AOR
(692 posts)and quite ironically... your post questioning the level of economic degradation and race to the bottom being inflicted by capitalist social relations is pure reactionary, status quo, horseshit. Reactionaries come in many flavors. Would you like me to make it clearer for you ?
rhett o rick
(55,981 posts)How about making your case with evidence?
noiretextatique
(27,275 posts)Work part-time to make "extra spending money."
liberal_at_heart
(12,081 posts)jobs in this country have been part time jobs and low wage full time jobs.
whatthehey
(3,660 posts)Some teenager or homemaker who spends a few hours at the diner making extra spending money is not comparable to someone working full time, and this bullshit conflates them
liberal_at_heart
(12,081 posts)There are a hell of a lot of them since 2008. You can try and sell a good economy if you want, but the people who are actually out there looking for work that isn't there know better. And by the way, with families struggling as much as they are teenagers and homemakers working to contribute to their family income is just as important as full time bread winners. That was a very condescending remark regarding teenagers and homemakers.
Hissyspit
(45,788 posts)I'm a contractual worker in academics. I'm essentially "part-time." But it's how I make my living, because there is no alternative. Ugh.
brentspeak
(18,290 posts)making a pittance of their former salaries are merely "earning extra spending money".
Hissyspit
(45,788 posts)And therein lies the destruction of your argument.
noiretextatique
(27,275 posts)noiretextatique
(27,275 posts)If you think only teenagers and "homemakers" work part-time.
grahamhgreen
(15,741 posts)hfojvt
(37,573 posts)they say that 62% make less than $40 and you say its 50%.
That's not that huge of a difference.
It is a good point to weed out the teenagers and maybe even college students, but at least some part time workers might like full time work. Myself, I applied for three full time jobs in the last couple of months. Not that I am desperate for full time work, but I have mostly been stuck in part time since 2002.
noiretextatique
(27,275 posts)I think your post does the opposite of refuting the dismal reality.
rhett o rick
(55,981 posts)of some social justice. If we all sink into poverty, there will be no social justice. A vote for the status quo is a vote against the 50 million Americans living in poverty.
Waldorf
(654 posts)29 percent of earners.
TheFrenchRazor
(2,116 posts)raouldukelives
(5,178 posts)At the expense of our democracy, environment and lives. None of which matter a spit to them.
It has been most painful for those unaffiliated or born under it.
In any case, It is almost over now. Aside from the last few drowned out death rattles we can utter.
bigwillq
(72,790 posts)hfojvt
(37,573 posts)but how new is this?
Second, why do I keep seeing dumb arguments?
"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."
Uh, yeah, most people do NOT come in 5-packs. Second if one is in a family of five unless they are either stupid or unlucky, there should be a 2nd adult in that family. And two people making $20,000 a year is $40,000 or 140% of the poverty line. Even two people making just $8 an hour is $32,000 or 112% of poverty.
But these stats should come in handy for all the people who think that somebody who makes $100,000 a year is part of the middle class - when actually they make twice as much as 71% of all workers - meaning they are NOT anywhere near the middle.
Which won't stop the politicians from fellating them anyway.
GummyBearz
(2,931 posts)Quit bringing up non-approved of talking points! We have a great economy due to the last 7 years of Obama, we added a ton of new jobs, everything is good goddammmitt!!!!!!!!!!!
coyote
(1,561 posts)I know Bernie is.
hifiguy
(33,688 posts)will come to pass before she speaks to that. She will NEVER bite the hand of her masters on Wall Street.
coyote
(1,561 posts)He would not mind having her for president...I find that disturbing. What disturbs me more is that Hillary supporters don't find it disturbing.
Matariki
(18,775 posts)according to common financial wisdom
leftyladyfrommo
(18,868 posts)Only it really isn't funny.
Matariki
(18,775 posts)to that saved two million
grahamhgreen
(15,741 posts)ileus
(15,396 posts)This tells me 51% are working low or no skill positions. The assembly line worker is gone. The union coal miner is gone.
It's the days of banggood.com are at hand.
leftyladyfrommo
(18,868 posts)Banks and offices used to be full of employees. And it just keeps getting worse.
I was just at Olive Garden and they have computers on the tables so people can enter their own orders. Pretty soon all they will need will be servers to run food out to the tables. I'm sure not going to tip for that.
ileus
(15,396 posts)They all were pretty upset about us being there, and said once the project was finished the owner would fire all the belt operators. We tried to assure them that had never happened at any other quarry we'd worked at but some folks were reassigned other duties.
The first return trip to change programming and add a few features we found out he'd actually let 17 workers go. I felt pretty bad...