from nesaranews
Twenty two stats which confirm that the Middle Class is being systematically wiped out of existence in the US:
Sunday, July 18, 2010
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The American Middle Class in the Year 2010
A photograph. More pictures here (Nashville, Tennessee), here (New Orleans, Louisiana), here (Las Vegas, Nevada), here (Sacramento, California), here (Fresno, California) and here (Ontario, Los Angeles, California).
Sunday, July 18, 2010
http://alcuinbramerton.blogspot.com/2010/04/altnews4-httpalcuinbramerton.htmlAlcuin Bramerton Twitter
Alcuin Bramerton profile ..... Index of blog contents ..... Home
The American Middle Class in the Year 2010
A photograph. More pictures here (Nashville, Tennessee), here (New Orleans, Louisiana), here (Las Vegas, Nevada), here (Sacramento, California), here (Fresno, California) and here (Ontario, Los Angeles, California).
State-sponsored sociocide in Middle America. Twenty two stats which confirm that the Middle Class is being systematically wiped out of existence in the US:
(1) 83 percent of all US stocks are in the hands of 1 percent of the people.
(2) 61 percent of Americans say that "always or usually" they live paycheck to paycheck. This figure is up from 49 percent in 2008 and 43 percent in 2007.
(3) 66 percent of personal income growth between 2001 and 2007 went to the top 1 percent of all Americans.
(4) 36 percent of Americans say that they don't contribute anything to retirement savings.
(5) 43 percent of Americans have less than $10,000 saved up for retirement.
(6) 24 percent of American workers say that they have postponed their planned retirement age in the past year.
(7) Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.
(8) Only the top 5 percent of US households have earned enough additional income to match the rise in housing costs since 1975.
(9) For the first time in US history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.
(10) In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was 30 to 1. Since the year 2000, that ratio has risen to between 300 and 500 to one.
(11) In 2007, the bottom 80 percent of American households held 7 percent of the liquid financial assets.
(12) The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.
(13) Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.
(14) In the United States, the average federal worker now earns 60% more than the average worker in the private sector.
(15) The top 1 percent of US households own twice as much of America's corporate wealth as they did 15 years ago.
(16) In America today, the average time needed to find a new job has risen to 35.2 weeks.
(17) More than 40 percent of Americans in employment are now working in service jobs, which are often very low paying.
(18) For the first time in US history, more than 40 million Americans are on food stamps. The US Department of Agriculture projects that that number will go up to 43 million Americans in 2011.
(19) What American workers must now compete against: in China a garment worker makes approximately 86 cents an hour; in Cambodia a garment worker makes approximately 22 cents an hour.
(20) Despite the financial crisis, the number of millionaires in the United States rose 16 percent to 7.8 million in 2009.
(21) Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.
(22) The top 10 percent of Americans now earn 50 per cent of the US national income.
More here (16.07.10). It is now time for the Obama administration in Washington to step down and for the new provisional interim government of the USA to emerge openly. Six months after this, new Constitutionally lawful Presidential, Senate and Congressional elections can be held, and the free de jure American republics can be restored in peace and prosperity. The Washington DC private corporation does not govern in the interests of the American people. It must be abolished and replaced with the long-prepared alternative Constitutional governance. The Pilgrims Society, the US Federal Reserve Board and the US Internal Revenue Service must also be abolished with immediate effect. Twenty two stats which confirm that the Middle Class is being systematically wiped out of existence in the US:
(1) 83 percent of all US stocks are in the hands of 1 percent of the people.
(2) 61 percent of Americans say that "always or usually" they live paycheck to paycheck. This figure is up from 49 percent in 2008 and 43 percent in 2007.
(3) 66 percent of personal income growth between 2001 and 2007 went to the top 1 percent of all Americans.
(4) 36 percent of Americans say that they don't contribute anything to retirement savings.
(5) 43 percent of Americans have less than $10,000 saved up for retirement.
(6) 24 percent of American workers say that they have postponed their planned retirement age in the past year.
(7) Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.
(8) Only the top 5 percent of US households have earned enough additional income to match the rise in housing costs since 1975.
(9) For the first time in US history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.
(10) In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was 30 to 1. Since the year 2000, that ratio has risen to between 300 and 500 to one.
(11) In 2007, the bottom 80 percent of American households held 7 percent of the liquid financial assets.
(12) The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.
(13) Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.
(14) In the United States, the average federal worker now earns 60% more than the average worker in the private sector.
(15) The top 1 percent of US households own twice as much of America's corporate wealth as they did 15 years ago.
(16) In America today, the average time needed to find a new job has risen to 35.2 weeks.
(17) More than 40 percent of Americans in employment are now working in service jobs, which are often very low paying.
(18) For the first time in US history, more than 40 million Americans are on food stamps. The US Department of Agriculture projects that that number will go up to 43 million Americans in 2011.
(19) What American workers must now compete against: in China a garment worker makes approximately 86 cents an hour; in Cambodia a garment worker makes approximately 22 cents an hour.
(20) Despite the financial crisis, the number of millionaires in the United States rose 16 percent to 7.8 million in 2009.
(21) Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.
(22) The top 10 percent of Americans now earn 50 per cent of the US national income.
More here (16.07.10). It is now time for the Obama administration in Washington to step down and for the new provisional interim government of the USA to emerge openly. Six months after this, new Constitutionally lawful Presidential, Senate and Congressional elections can be held, and the free de jure American republics can be restored in peace and prosperity. The Washington DC private corporation does not govern in the interests of the American people. It must be abolished and replaced with the long-prepared alternative Constitutional governance. The Pilgrims Society, the US Federal Reserve Board and the US Internal Revenue Service must also be abolished with immediate effect.
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