Posted on 02/11/2016 1:30:36 PM PST by SeekAndFind
>Are 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.
Just today, someone sent me a U.S. News & World Report article entitled “Even Americans Can’t Afford the American Dream”. The following is an excerpt from that article…
The study goes country by country, factoring in average local wages and prices to calculate the regional costs of luxuries such as midsize homes (by U.S. standards, 1,480 square feet); electricity and high-speed Internet; cars and enough money for gasoline; food for a family of four; and enough disposable income to periodically dine out and attend movies or other events.
Researchers ultimately found there isn’t a country on the map whose average wage earner could afford all of these expenses together. What’s more, average consumers in Saudi Arabia and Oman are actually closer to financing these socioeconomic goals than the average American. The average Saudi household would only need to see monthly salaries climb by about $74 to realize the American dream in their own country, while U.S. workers would need hundreds of dollars in additional income.
Isn’t that alarming?
The American Dream is out of the grasp of most people living in America, and there isn’t anywhere else on the globe where a majority of the workers are experiencing it either.
That same article also contained a few other facts that are truly sobering…
“After more than four decades of serving as the nation’s economic majority, the American middle class is now matched in number by those in the economic tiers above and below it,” the Pew report said. “Since 1971, each decade has ended with a smaller share of adults living in middle-income households than at the beginning of the decade, and no single decade stands out as having triggered or hastened the decline in the middle.”
Another recent study from the Brookings Institution found that median wages fell in 80 percent of America’s largest metros between 2009 and 2014.
The middle class has been shrinking for a very long time, and now that collapse is accelerating.
So what is the solution?
Well, CNN is reporting that a new survey has discovered that middle class Americans feel that the federal government should do more to help them out…
Hey federal government! The middle class would like some help, too.
A majority of Americans say the feds don’t do enough to help the middle class, according to a Pew Research Center survey released Thursday. The middle class is more neglected than the poor or children, survey respondents said.
More socialism for everyone!
That will solve all of our problems, right?
Of course not. Actually, if we had a much smaller government that would probably go a long way toward fixing things. This is hard to believe, but in 2015 Americans spent more on taxes than on food, clothing and housing combined.
If the federal government would just stop taxing us into oblivion, a lot more of us would do okay all on our own.
These days, so many families are just scraping by from month to month. As the cost of living continues to move steadily upward, many Americans find themselves forced to go into debt just to cover basic expenses.
And our society actually encourages all of us to go into debt, and so we think that it is okay. But many of us end up digging financial holes that we never get out of. This is especially true for a lot of young people today. One recent survey found that 68 percent of all Americans had destroyed their credit before the age of 30.
Of course then we hear on the news that the economy is “not growing fast enough” because consumers are not spending enough money.
The experts that are telling people this don’t seem to understand that most consumers are tapped out at this point.
You can’t get blood from a rock, and as a result a lot of retailers are really hurting right now. The following list of store closures comes from my recent article about the ongoing retail apocalypse…
-Wal-Mart is closing 269 stores, including 154 inside the United States.
-K-Mart is closing down more than two dozen stores over the next several months.
-J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015.
-Macy's has decided that it needs to shutter 36 stores and lay off approximately 2,500 employees.
-The Gap is in the process of closing 175 stores in North America.
-Aeropostale is in the process of closing 84 stores all across America.
-Finish Line has announced that 150 stores will be shutting down over the next few years.
-Sears has shut down about 600 stores over the past year or so, but sales at the stores that remain open continue to fall precipitously.
When I was a young boy, I think that you could have said that the American Dream was still alive and well in the United States.
But after decades of exceedingly foolish decisions, things have completely changed and the middle class is dying right in front of our eyes.
If you doubt this, please see the list of statistics that I have shared below that comes from one of my previous articles…
#1 This week we learned that for the first time ever recorded, middle class Americans make up a minority of the population. But back in 1971, 61 percent of all Americans lived in middle class households.
#2 According to the Pew Research Center, the median income of middle class households declined by 4 percent from 2000 to 2014.
#3 The Pew Research Center has also found that median wealth for middle class households dropped by an astounding 28 percent between 2001 and 2013.
#4 In 1970, the middle class took home approximately 62 percent of all income. Today, that number has plummeted to just 43 percent.
#5 There are still 900,000 fewer middle class jobs in America than there were when the last recession began, but our population has gotten significantly larger since that time.
#6 According to the Social Security Administration, 51 percent of all American workers make less than $30,000 a year.
#7 For the poorest 20 percent of all Americans, median household wealth declined from negative 905 dollars in 2000 to negative 6,029 dollars in 2011.
#8 A recent nationwide survey discovered that 48 percent of all U.S. adults under the age of 30 believe that “the American Dream is dead”.
#9 At this point, the U.S. only ranks 19th in the world when it comes to median wealth per adult.
#10 Traditionally, entrepreneurship has been one of the engines that has fueled the growth of the middle class in the United States, but today the level of entrepreneurship in this country is sitting at an all-time low.
#11 If you can believe it, the 20 wealthiest people in this country now have more money than the poorest 152 million Americans combined.
#12 The top 0.1 percent of all American families have about as much wealth as the bottom 90 percent of all American families combined.
#13 If you have no debt and you also have ten dollars in your pocket, that gives you a greater net worth than about 25 percent of all Americans.
#14 The number of Americans that are living in concentrated areas of high poverty has doubled since the year 2000.
#15 An astounding 48.8 percent of all 25-year-old Americans still live at home with their parents.
#16 According to the U.S. Census Bureau, 49 percent of all Americans now live in a home that receives money from the government each month, and nearly 47 million Americans are living in poverty right now.
#17 In 2007, about one out of every eight children in America was on food stamps. Today, that number is one out of every five.
#18 According to Kathryn J. Edin and H. Luke Shaefer, the authors of a new book entitled “$2.00 a Day: Living on Almost Nothing in America“, there are 1.5 million “ultrapoor” households in the United States that live on less than two dollars a day. That number has doubled since 1996.
#19 46 million Americans use food banks each year, and lines start forming at some U.S. food banks as early as 6:30 in the morning because people want to get something before the food supplies run out.
#20 The number of homeless children in the U.S. has increased by 60 percent over the past six years.
#21 According to Poverty USA, 1.6 million American children slept in a homeless shelter or some other form of emergency housing last year.
#22 The median net worth of families in the United States was $137, 955 in 2007. Today, it is just $82,756.
That person you were talking to is so delusional. Obama's actions (including executive decrees) have fired more people and closed more businesses than anyone in American history. (We have more people now than in Roosevelt's time in the 1930s, another democrat by the way.)
This election (choosing, choice) is all about the heart and soul of America. It is a good soul or a bad soul? In what direction does she desire to incline her heart? Toward the right, or toward the left? Freedom or slavery?
All the candidates and their failings are a mirror, so the "right" leader still won't be whole and complete. Nonetheless,
The answers to the above questions are already established. They are in the vision of the Founders, the unalienable, self-evident truths stated in the Declaration of Independence, and the motivations of the heart of "We the People" that were written into our Constitution.
The Declaration of Independence was a declaration of separation.
America is who she is. She sure needs a thorough cleansing, though. By fire.
The American Dream is essentially dead, and even the mainstream media is starting to figure this out.
And
When I was a young boy, I think that you could have said that the American Dream was still alive and well in the United States.
But after decades of exceedingly foolish decisions, things have completely changed and the middle class is dying right in front of our eyes.
Ezekiel 37...
1.The hand of the Lord was upon me, and carried me out in the wind of the Lord, and set me down in the midst of the valley which was full of bones:
2. And he led me around among them; and, behold, there were very many in the open valley; and, behold, they were very dry:
3. And he said to me, Son of man, can these bones live? And I answered, O Lord God, you know:
When 0bama's achievements are totted up by a properly skeptical history, one thing will stand out: he was hell on the middle class and pure death on the black middle class, for whom there appear to be very few defenders and little sympathy at all. Between abortion and class-mobility-stifling dependency programs, no one has paid more for the fatuity and follies of the socially enlightened 0bama administration than the black middle class.
A guy in my company’s Las Vegas office recently admitted to me that he voted for Zerobama and totally regrets it. But it’s okay because he’s gonna vote for Bernie this time to fix everything.
It’s true that ya can’t fix stupid with some folks.
BfRL
I don’t mean to start an argument...really, I don’t...but what does the “American Dream” mean to you?
To me, it means being able to own my own home with some land.
It means not having to worry about paying the bills because I have a job that allows me to make enough money to pay them all.
It means having the ability to take vacations and travel anywhere we want to-because we can afford to and because we are free to go anywhere we want.
It means being able to express an opinion and not have to go to jail because of it.
That’s just some of it...at least, how I view it.
And this is why Bernie has a very good chance of being the next President. A large part pf the population can no longer identify with working hard and playing by the rules as a way of improving their lot.
The crony capitalists have poisoned the well.
The author of this article describes "the American Dream" in purely financial terms. That, I believe, is a critical error ... because it conveniently masks the fact that the American middle class has always been a construct that was fabricated and supported by the massive growth of the Federal government over the last 150+ years.
The "middle class" probably wouldn't exist today if this were truly a free country.
You ever watch Mark Dice on Youtube? He goes out on the street and interviews random young adults off the street, and it’s not set up, it’s not pick and choose. He’s only out there a hour, you can tell by the position of the sun in the sky. It absolutely mind boggling the amount of leftist indoctrinated fools out there who agree with everything from communism, socialism even bringing Sharia law to the US. This is a result of our universities and public schools that started being taken over by the 1960s radicals in the 1970s when the WW2/Korean war era professors and teachers started retiring and were replaced by the Bill Ayers types, it’s been a never ending destructive cycle. Those kids who were indoctrinated became teachers and they teach new kids and so on until today, you have ten of millions of these idiots if not hundreds of millions. THESE assholes are THE reason for all the problems we are having today.
https://www.youtube.com/watch?v=9j1GLsKtpQA
The cost of technology is killing the middle class. We keep having to add new things to our budget that simply didn’t exist 30 years ago for new technology. Phone bills (now cellular) are 4 times what they use to be. Internet access. Cable bill. Cars are like fighter aircraft in complexity and a nightmare to maintain the list goes on and on. And now we all pay our own medical insurance which is a very high dollar catastrophic plan..
“So when people bash him, why do they think he is running? Just to massage his ego? “
That’s what they believe.
My favorite Mark Dice experiment -
10 ounces of pure Silver (worth approx $150)
or a Hersey’s Chocolate bar?
https://www.youtube.com/watch?v=bYhTFz_SGw0
The Marxist globalist so called free traders killed the United States of America.
This is why Trump is running. The guy is literally trying to save the country
_______________________
Here is a great Trump video from at least 25 years ago. (1990) This content of what he is saying could have been filmed within the last week. Its amazing.
The show was called “The 11th Hour” with Robert Lipsyte.
Trump was talking about the money that the United States getting ripped off.
https://www.youtube.com/watch?v=PJprbO1mbUs
Isn’t it amazing that people are living in the house that’s on fire and they don’t know it?
I know quite a few. Scary when you think about it.
And they made a lot of money for the 1 percenters in the process.
5 “Look among the nations and watch— Be utterly astounded!
For I will work a work in your days Which you would not believe, though it were told you.
6 For indeed I am raising up the Chaldeans, A bitter and hasty nation Which marches through the breadth of the earth, To possess dwelling places that are not theirs.
7 They are terrible and dreadful; Their judgment and their dignity proceed from themselves. 8 Their horses also are swifter than leopards, And more fierce than evening wolves. Their chargers charge ahead; Their cavalry comes from afar; They fly as the eagle that hastens to eat.
9 “They all come for violence; Their faces are set like the east wind. They gather captives like sand. 10 They scoff at kings, And princes are scorned by them. They deride every stronghold, For they heap up earthen mounds and seize it.
11 Then his mind changes, and he transgresses; He commits offense,
Ascribing this power to his god.â€
Opps...
Maybe they'd be happy, for a while...
8 miles high and falling fast... not a word was spoken, the church bells all were broken...
Here's a couple of sites you should bookmark...
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