We 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 can’t 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.
According to the World Population Review, as of July 2015 there is a population of over 321.3 million within the United States of America. This basically means that the population of half of that number ( 160 million) are making less than $30,000 a year, and you can do the math with the rest of these percentages from the Social Security Administration as well. This is a staggering number, and something must be done for things to change for the better.
Please spread the word and share this article. Stay safe, and God bless!