View attachment 35996
Obama lies like ever. The middle class doesn't exist in America.
The richest 1% are getting richer… and the middle class is just disappearing.
To make it easy to see what’s happening to America’s middle class…
Right away, you see the majority of Americans are earning less in adjusted dollars than they did in 2000. The median household income is $51,371… but that depends on where you live.
- Manufacturing jobs have moved to emerging economies. These jobs were needed to stimulate economic growth…
- America is fortunate to have fleets of highly skilled workers… but this benefits the upper class… and not necessarily the middle class.
- Also, if you are fortunate enough to have assets… and you were able to keep those assets through the global recession… you’ve done well. Again, this does not apply to the middle class.
Actually, this whole thing with flat wages has been going on for for over thirty years.
The Canadian Middle Class surpassed US as the world's wealthiest Middle Class and other wealthy nation's Middle Classes will also pass America's soon. These other Middle Classes has seen growth in Real Dollars (constant dollars) but not in the US.
This has happened under Republican and Democrats leadership, that's a fact. So stop all this ignorant finger pointing.
I don't think Obama has been a good president but I do like this move. It's time to stop this slide of America's traditional backbone, the Middle Class.
Use some logic, who has been getting wealthy for over thirty years while wages have been stagnant? Who has held down the wages? Why have the job creators shipped millions of jobs offshore? Who has benefited on the back of the working class?
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View attachment 35995