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Posts Tagged ‘median household income declines over past 13 years’

Ladies and gentlemen, the vanishing middle class

Posted by G.A. Matiasz on October 29, 2013

It’s a set of platitudes mouthed by all American politicians everywhere, that “the middle class is the foundation of this country’s prosperity,” that Washington “is doing everything possible to strengthen the middle class,” and that “the future looks bright for the American middle class.” Absolute hogwash! Here are a few more charts and graphs, thanks to the Business Insider:

middleclasscharticle_fig1-2
middleclasscharticle_fig2-2
middleclasscharticle_fig3-2

Nothing up the sleeves of the American ruling class, except for the demise of the American middle class.

Posted in capitalism, jobless recovery, life, politics, United States of America, US economy, US middle class, US ruling class, US society, US working class | Tagged: , , , , , , , , , , , | 1 Comment »