News Death of the Middle class: More than Half of Americans Make Less Than $30,000 a Year

Discussion in 'The Howard Stern Show' started by dawg, Oct 27, 2015.

  1. dawg

    dawg In The Dog House Staff Member

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    Foreclosure.jpg

    More than half of all working Americans make less than $30,000 per year, according to new data from the Social Security Administration (SSA), which reinforces the idea that the middle class is dying.


    In 2014, 51 percent of Americans reported making less than $30,000 per year, or $2,500 per month, according to data from the SSA's National Wage Index, which is updated annually based on wages subject to income tax, reported the Daily Caller.

    Half of all working Americans said they made less than the median wage of $28,851, and 38 percent said they made less than $20,000 per year. Sixty-two percent made less than $40,000 and 71 percent made less than $50,000.

    To put things into perspective, the federal government considers a family of four living on an income of less than $24,250 per year to be impoverished. A full-time worker making $10 per hour and receiving two weeks off each year can expect to make about $20,000.


    The difference between median wage and average wage continues to widen, which signals a shrinking middle class, according to the Daily Caller.

    The above numbers, however, are only for those considered to be employed. Approximately 8.5 million Americans are officially unemployed and over 94 million are considered to not be in the labor force, a near 38-year low, according to CNS News.
    http://www.hngn.com/articles/144124...e-half-working-americans-make-less-30-000.htm
     
  2. FSFN

    FSFN Well-Known Member

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  3. Splash

    Splash Huge Member VIP

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    Maybe you should take a break, bub. You seem awfully wound up about stuff. I'll take over for a couple days. Go shoot some cactus and drink lots of lemonade and widdle.

    It's ok
     
  4. Calloused Shins

    Calloused Shins Well-Known Member

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    No big deal... Whomever the next prez is will claim to help the middle class. He/she will take from some of the billionaires and do the right thing. I'm sure it will happen this time...
     
  5. dawg

    dawg In The Dog House Staff Member

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    People depend on dawgshed for the news bro, its my job.
     
  6. Splash

    Splash Huge Member VIP

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    Let's lighten it up.

    Did you ever make a broad cum like the moon?
     
  7. jobbey

    jobbey Well-Known Member VIP

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    we are fucked
     
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  8. dawg

    dawg In The Dog House Staff Member

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    Skip the thread, why post in it to tell me off? I dont click on thread i am not interested in bro.
     
    XuXu, IfTheyOnlyKnew, ljc and 4 others like this.
  9. Senator Rick

    Senator Rick Well-Known Member

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    true fact
    :grad:
     
  10. Droog

    Droog Well-Known Member VIP

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    According to Republicans, it's all their fault for not being ambitious enough. Had they been more ambitious instead of living off government subsidies, they'd be on easy street. :facepalm: Half the country. We're becoming Mexico. The good news is that eventually, the rest of the world will start building factories here to take advantage of our cheap labor. :cheer:
     
  11. Splash

    Splash Huge Member VIP

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    so, no? You havent?
     
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  12. dawg

    dawg In The Dog House Staff Member

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    Settle down, splash.
     
  13. Splash

    Splash Huge Member VIP

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    Enjoy my comedy, tightass
     
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  14. Stew Nod

    Stew Nod Hello VIP

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    Bernie cares about the middle class

    No one listens
     
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  15. hoochieking

    hoochieking Well-Known Member

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    Oh good when does the "comedy" start?
     
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  16. stash

    stash 2017 Kimbra of All Media VIP

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    is that gross or net? :uhippie:
     
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  17. suckemnuckledus

    suckemnuckledus Well-Known Member

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    Tyson chicken announced today that they will lay off 75000 US workers in order to save the company money. In an effort to trim spending, Tyson will now ship the dead chickens by boat to China to be processed and then ship-back the ready to eat chicken to America.
    Thanks Trump!!
     
  18. Splash

    Splash Huge Member VIP

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    What do you call five African Americans and one white guy?
     
  19. dawg

    dawg In The Dog House Staff Member

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    You know i love you.
     
    Splash likes this.
  20. Splash

    Splash Huge Member VIP

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    A bunch of guys hangin around or working or sumpthin.