- The people are fighting back and the elites recognize it. There is fear in the investor class as they see people organizing and mobilizing. Corporations are now investing more time and money in preparation to protect themselves from investor actions and legal challenges. The actions of corporations and governments against the people are a sign of their fear, and a sign of our unrealized strength.
- Part 1: Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year
- Part 2: There Has Never Been an American “Middle Class”.
Compiled by David Culver, Ed., Evergreene Digest
Part 1: Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year.
Sadly, the trends that are destroying the middle class in America just continue to accelerate.
Michael Snyder, End of the American Dream
October 20th, 2015 | 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 …
Michael Snyder: publisher of The Economic Collapse Blog.
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Part 2: There Has Never Been an American “Middle Class”.
The U.S. Working Class Has Always Been Poor.
Alan Nasser, Global Research
[The] lack of upward mobility … has jeopardized middle-class America’s basic bargain — that if you work hard, you have a chance to get ahead. (from Obama’s May appearance on David Letterman)
October 21, 2015 | One of the most firmly entrenched myths of The American Ideology is that the U.S. is a “middle class society,” a “land of opportunity” where anyone who works hard has the opportunity to achieve the standard of living which has made America “the envy of the world.” A common, and spot on, rejoinder has been to remind us that America has always had a sizable class of permanently poor people and that it is just factually false that those ready, willing and able to work are on the path to middle class status.
But does this reply concede too much? Has there ever been a substantial middle class in America? Or has a poor working class been able to mask its condition by accessing an institution that has disguised a large portion of a poor working class as a middle class? The best place to start is with the history of the modern American middle class.
Alan Nasser is Professor Emeritus of Political Economy and Philosophy at The Evergreen State College, where he taught from 1975 to 2006. His book, United States of Emergency American Capitalism and Its Crises, will be published by Pluto Press next fall.
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