Google Analytics

Sunday, July 10, 2011

It Just Keeps Getting Worse!

The Economic Collapse guy has 40 facts about why the middle class is disappearing in the U.S.  Here are three of them.

#38 In the United States today, the richest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#39 According to Moody's Analytics, the wealthiest 5% of all households in the United States now account for approximately 37% of all consumer spending.
#40 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.
The cold, hard reality of the matter is that the United States is experiencing a long-term economic decline.

No comments: