Middle Class is Dying
and it's because the Dems refuse to
The 22 statistics detailed here
prove beyond a shadow of a doubt that the middle class is being
systematically wiped out of existence in America.
The rich are getting richer and the poor are getting poorer at a
staggering rate. Once upon a time, the United States had the largest
most prosperous middle class in the history of the world, but now that
is changing at a blinding pace.
So why are we witnessing such fundamental changes? Well, the globalism
and "free trade" that our politicians and business leaders
insisted would be so good for us have had some rather nasty side
effects. It turns out that they didn't tell us that the "global
would mean that middle class American workers would eventually have to
directly compete for jobs with people on the other side of
the world where there is no minimum wage and very few regulations. The
big global corporations have greatly benefited by exploiting
third world labor pools over the last several decades, but middle class
American workers have increasingly found things to be very tough.
Here are the statistics to prove it:
• 83 percent of all U.S. stocks are in the hands of 1
percent of the people.
• 61 percent of Americans "always or usually" live
paycheck to paycheck, which was up from 49 percent in 2008 and 43
percent in 2007.
• 66 percent of the income growth between 2001 and
2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don't
contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than
$10,000 saved up for retirement.
• 24 percent of American workers say that they have
postponed their planned retirement age in the past year.
• Over 1.4 million Americans filed for personal
bankruptcy in 2009, which represented a 32 percent increase over 2008.
This writer wants you to blame
Clinton, but he wasn't in power when Bush broke the world's back.
Our always-afraid Democrats refused to stop Bush when he went crazy,
yet Obama's hands are tied because A,
Republicans have the power to block everything even tho OUR Democrats
told us they were powerless to stop Bush and B,
Obama's Democrats keep stabbing him in the back.
Wouldn't it be nice if Obama realized he was President?
First thing Obama should do is call Nelson and Lieberman
and the other back-stabbing Blue Dogs
into his office and say, "Vote with me or I'll put you out of
But that wouldn't be nice and
Obama wants to be loved by everyone.
It almost makes one want to...
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