If Republicans don’t wake up, there is a very real possibility that we could lose control of the House of Representatives in 2018. And if that happens, Donald Trump’s agenda will be […]
I guess by now we should be accustomed to politicians lying to us. For years, Republicans have been promising to repeal Obamacare if we would just give them control of the White […]
Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, […]
The middle class in America has been shrinking for decades, and our leaders seem powerless to do anything about it. Two years ago, the middle class became a minority in this country […]
The evidence that the middle class in America is dying continues to mount. As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and […]
The percentage of Americans that own a home has fallen to the lowest level ever recorded. During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, […]
Do you remember the days when it seemed like almost everyone in America was middle class? Unfortunately, those days are long gone and the grinding down of the middle class in the […]
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 […]
Once upon a time, middle class households took home 62 percent of all income in America. Today, that number has dropped to just 43 percent. This is just one of the absolutely […]
Do we need any more evidence before we will finally admit that the middle class in America is being systematically destroyed? As you will see below, when you add together all of […]
We are the generation that gets to witness the end of the American Dream. The numbers that you are about to see tell a story. They tell a story of a once […]
The middle class is feeling the squeeze, cutting spending on discretionary items and activities while costs on larger-ticket necessities have risen. The Wall Street Journal analyzed consumer-spending data from the Bureau of […]
The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened.
For everybody wondering why the economic recovery feels like a recession, here’s the answer: We’re still at least five years away from regaining everything lost during the 2007-2009 downturn. Forecasting firm IHS Global Insight predicts that real median household income — perhaps the best proxy for middle-class living standards — won’t reach the prior peak from 2007 until 2019.
Do you wish that you had a better job? If so, you are not alone. In fact, there are millions upon millions of Americans that get up every day and go to […]
In August 2008, factory workers David and Barbara Ludwig treated themselves to new cars—David a Dodge pickup, Barbara a sporty Mazda 3. With David making $22 an hour and Barbara $19, they […]
Americans’ median wealth is a mere $44,900 per adult — half have more, half have less. That’s only good enough for 19th place, below Japan, Canada, Australia and much of Western Europe. […]
If you make more than $27,520 a year at your job, you are doing better than half the country is. But you don’t have to take my word for it, you can […]
