1 In 2 Working Americans Make Less Than $30,000 A Year!

[DKW 86 7,419]

http://dailycaller.c...n-30000-a-year/

In 2014, half of working Americans reported an income at or below $28,851 (the median wage), and 51 percent reported an income of less than $30,000. Forty percent are making less than $20,000. The federal government considers a family of four living on an income of less than $24,250 to be impoverished.

Read more: http://dailycaller.com/2015/10/25/1-in-2-working-americans-make-less-than-30000-a-year/#ixzz3pfsqTpKU

The wage index doesn’t take into account the eight million Americans who are unemployed, or the tens of millions of working age Americans who are not participating in the job market. Nearly 40 percent of Americans are not working, which is the lowest participation rate since 1977.

Although the unemployment rate has dropped from double-digits in the height of the 2008 recession to about 5 percent in the latest jobs report, wages have remained largely stagnant.

Wages and share of income for the bottom 90 percent of American wage-earners declined over the past 40 years, as the foreign-born population increased dramatically, according to the Congressional Research Service (CRS). (RELATED: Once Again Foreign-Born Jobs Are Up, U.S.-Born Jobs Down)

CRS charted the correlation between wages and the number of foreign-born workers in the U.S. between 1945 and 2010. Before 1970, wages rose sharply as the number of foreign-born persons declined. But after 1970, that population increased dramatically as wages stagnated, increased slightly and then dropped.

Folks, if you cant see a new day breaking in American Politics, it is because your eyes are closed. Most people I know dont have good insurance anymore. Their wages are going down. Kids are living with their families longer. Our children are not accumulating wealth like past generations. We have to quit looking at the Reagan Model of Economics. Things have radically changed. It is not the same world we had in 1980. We need to look more toward a Teddy Roosevelt-FDR-LBJ model. If that makes me a Liberal/Socialist/Whatever i am fine with that.

[icanthearyou 4,462]

I commend and applaud you for rising above the political and ideological.

We cannot prosper by serving an imperfect political party or, ideology. We will again prosper when we believe in ourselves and, our duty to one another.

Please though, reconsider your thoughts on HRC.

[DKW 86 7,419]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

[icanthearyou 4,462]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Exactly my point. When someone lacks character, you cannot trust their ideas. What you do know is, their ideas/policies will be guided by their self-serving nature. They, nor their ideas, are genuine.

We are running out of time. We must have a president who serves the people, not the party, not the special interests, not an ideology, not him/herself.

[AU-24 3,063]

Should be front page news, but of course no one is even covering it. More below form the Social Security Admin numbers. After 8 years of Obama in the White house, I'll take Reagonomics over this any day!

American paychecks shrank last year, just-released data show, further eroding the public’s purchasing power, which is so vital to economic growth.

Flat or declining average pay is a major reason so many Americans feel that the Great Recession never ended for them. A severe job shortage compounds that misery not just for workers but also for businesses trying to profit from selling goods and services.

Average pay declined in 59 of the 60 levels of worker pay the government reports each October.

Here are some more numbers from the report that the Social Security Administration just released…

-39 percent of American workers made less than $20,000 last year.

-52 percent of American workers made less than $30,000 last year.

-63 percent of American workers made less than $40,000 last year.

-72 percent of American workers made less than $50,000 last year.

I don’t know about you, but those numbers are deeply troubling to me.

[AU-24 3,063]

DKW 86 writes "Most people I know dont have good insurance anymore. Their wages are going down. Kids are living with their families longer. Our children are not accumulating wealth like past generations. We have to quit looking at the Reagan Model of Economics"

You are blaming this on Reagan? Since Reagan won the cold war while solving Carter's economic nightmares, we've had 15 years of the liberal's Clinton and Obama. 8 years of a moderate Bush and this is the fault of the Reagan model? You do know Obama has been in office the last seven years? Here's more:

A typical American household made about $51,017 in 2012, according to new figures out from the Census Bureau this week. That number may sound familiar to anyone who remembers George H. W. Bush’s first year as president or Michael Jackson in his prime. That’s because household income in 2012 is similar to what it was in 1989 (but back then it was actually higher: you had an extra $600 or so to spend compared to today).

That sobering statistic gives an indication of where the American middle class appears to be headed. Take a look below at a snapshot of where the middle class is now, the problems they face and what our Facebook audience has to say about squeaking out a living these days.

http://billmoyers.com/2013/09/20/by-the-numbers-the-incredibly-shrinking-american-middle-class/

[penguin149 391]

That's because from GHWB forward, our government has moved at a break-neck pace to ship jobs overseas. NAFTA, CAFTA, China, TPP, et al

[homersapien 11,361]

I too commend you DKW for being able to rise above ideological orthodoxy. Too many on here are more determined to adhere to ideology without considering the facts.

And I agree, this is one of the few issues that has the potential to undermine our country and system of government. We can't have a participatory democracy with so many in the country not participating.

[autigeremt 6,596]

I too commend you DKW for being able to rise above ideological orthodoxy. Too many on here are more determined to adhere to ideology without considering the facts.

And I agree, this is one of the few issues that has the potential to undermine our country and system of government. We can't have a participatory democracy with so many in the country not participating.

And thus the reason I have low expectations for the future (while I am alive anyway). I may be destined for a Caribbean Island and hopeful I can make it through a mega hurricane.

[DKW 86 7,419]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Exactly my point. When someone lacks character, you cannot trust their ideas. What you do know is, their ideas/policies will be guided by their self-serving nature. They, nor their ideas, are genuine.

We are running out of time. We must have a president who serves the people, not the party, not the special interests, not an ideology, not him/herself.

I didnt trust WJC either but he was a great president. He had to deal with the Reps in Congress like HRC will have to do.

[DKW 86 7,419]

DKW 86 writes "Most people I know dont have good insurance anymore. Their wages are going down. Kids are living with their families longer. Our children are not accumulating wealth like past generations. We have to quit looking at the Reagan Model of Economics"

You are blaming this on Reagan? Since Reagan won the cold war while solving Carter's economic nightmares, we've had 15 years of the liberal's Clinton and Obama. 8 years of a moderate Bush and this is the fault of the Reagan model? You do know Obama has been in office the last seven years? Here's more:

A typical American household made about $51,017 in 2012, according to new figures out from the Census Bureau this week. That number may sound familiar to anyone who remembers George H. W. Bush’s first year as president or Michael Jackson in his prime. That’s because household income in 2012 is similar to what it was in 1989 (but back then it was actually higher: you had an extra $600 or so to spend compared to today).

That sobering statistic gives an indication of where the American middle class appears to be headed. Take a look below at a snapshot of where the middle class is now, the problems they face and what our Facebook audience has to say about squeaking out a living these days.

http://billmoyers.co...n-middle-class/

Look, i love RWR. He had the perfect recipe for 1980. We had a 70% marginal tax rate. We had a bad economy. We had high inflation. None of that describes the USA today. He had the perfect model for then. This is now. We need to shut down the borders for a while. Re-establish an increasing wage. Fix the stuff that is not right, like the ACA, but not do away with it. FIX IT.

[AURaptor 1,122]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Being left of Obama on illegal immigration is far from ' pragmatic '.

[cooltigger21 0]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Being left of Obama on illegal immigration is far from ' pragmatic '.

That reset with Russia was her idea too. She may be married to Bill but don't ever confuse her views with his. She is way further left of him. She is just as much a disciple of Alinsky as Obama is.

[homersapien 11,361]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Being left of Obama on illegal immigration is far from ' pragmatic '.

That reset with Russia was her idea too. She may be married to Bill but don't ever confuse her views with his. She is way further left of him. She is just as much a disciple of Alinsky as Obama is.

Must be nice to see the future. You must be very rich.

[AUFAN78 3,894]

I too commend you DKW for being able to rise above ideological orthodoxy. Too many on here are more determined to adhere to ideology without considering the facts.

And I agree, this is one of the few issues that has the potential to undermine our country and system of government. We can't have a participatory democracy with so many in the country not participating.

And thus the reason I have low expectations for the future (while I am alive anyway). I may be destined for a Caribbean Island and hopeful I can make it through a mega hurricane.

Polish up your golf game. See you on hole number 1. Please bring beer.

[cooltigger21 0]

My problems with HRC are not ideas. It is strictly character. I think she will be a pretty pragmatic president. I do wonder about her doing quid pro quos with wall street tho.

Being left of Obama on illegal immigration is far from ' pragmatic '.

That reset with Russia was her idea too. She may be married to Bill but don't ever confuse her views with his. She is way further left of him. She is just as much a disciple of Alinsky as Obama is.

Must be nice to see the future. You must be very rich. ;)/>

It's not hard to see. All that's required is opening your eyes and mind. Some of us saw through the facade of hope and change back in 2008.

[AFTiger 282]

It takes two incomes to survive this economy. One to pay taxes and child care and the other for daily living.