Economy Study: Middle Class Is Over

[luckyshot]

The “Middle Class” may officially be a thing of the past.

According to a study from the urban institute, in any given month, “4 in 10 American households now struggle to pay for housing, food, utilities, or healthcare.” 18% of Americans elected not to get medical treatment— such as getting prescriptions filled— because of costs. Perhaps most shocking, one in four American adults experienced food insecurity at some point in 2017.

The study surprised reasearchers who expected to find high levels of struggle among the poor— but found that, in 2018 America, many Americans in the “middle class” income bracket are experiencing “material hardships.”

This is despite the economy being near “full employment.”

The spike in “material hardship” among the American population is blamed on costs of living— particularly healthcare and housing— increasing at a far greater rate than wages for many years.

https://www.cbsnews.com/news/almost-half-of-americans-cant-pay-for-basic-needs/

https://www.scarymommy.com/americans-afford-basic-needs/

The same number of American households— 4 in 10– do not have enough cash on hand to deal with a $400 emergency expense.

https://www.ncronline.org/news/people/bishop-echoes-pope-poors-plight-gospel-pure-and-simple

It’s not working guys... the system just really isn’t fucking working anymore.

 

[GOATER]

and this is why Bernie Sanders is gonna kill Donald Trump.


The 2016 match up we deserved!

 

[WaylonMercy5150]

Our day will come, comrade. Proletarians unite!

 

[TheFirstEMP]

As a member of the middle class, nah we still here. As a citizen of Commiefornia, taxes and proposals for funding for more bullshit projects and socialists ideas, we may become a thing of the past.

 

[franklinstower]

and this is why Bernie Sanders is gonna kill Donald Trump.


The 2016 match up we deserved!

Bernie all the way man. People just don't pay attention. This has been going on for years little by little.

 

[BudKing8806]

No shit. The middle class have known this shit for a while.

 

[IReallyDoTrainUFC]

You can thank the Federal Reserve for devaluing the dollar and corporate bailouts that favored the already rich.

Welfare, whether it's social welfare or corporate welfare, its immoral, because theft is wrong.

 

[HomerThompson]

The “Middle Class” may officially be a thing of the past.

According to a study from the urban institute, in any given month, “4 in 10 American households now struggle to pay for housing, food, utilities, or healthcare.” 18% of Americans elected not to get medical treatment— such as getting prescriptions filled— because of costs. Perhaps most shocking, one in four American adults experienced food insecurity at some point in 2017.

The study surprised reasearcher who expected to find high level of struggle among the poor— but found that, in 2018 America, many Americans in the “middle class” income bracket are experiencing “material hardships.”

This is despite the economy being near “full employment.”

The spike in “material hardship” among the American population is blamed on costs of living— particularly healthcare and housing— increasing at a far greater rate than wages for many years.

https://www.cbsnews.com/news/almost-half-of-americans-cant-pay-for-basic-needs/

https://www.scarymommy.com/americans-afford-basic-needs/

It’s not working guys... the system just really isn’t fucking working anymore.

Great, but upsetting, read.

 

[NoDak]

 

[franklinstower]

All these lazy full time workers with second jobs need to pull themselves up by their boot straps.......

 

[jamel]

Nah... Only one HUD hime on my block..the bastards...

 

[Ripskater]

It’s not working guys... the system just really isn’t fucking working anymore.

We are spoiled brats if we think we have it bad. We've got a cars, a roof over our head, food, iphones, itunes, air jordans, flat screens, we take vacations, spend money on alcohol, cigarettes, rent movies etc... And people around the world are trying to get into our country to have an easier life.

Count your blessings, you've got more than you think you have.

 

[Jack V Savage]

You can thank the Federal Reserve for devaluing the dollar and corporate bailouts that favored the already rich.

Welfare, whether it's social welfare or corporate welfare, its immoral, because theft is wrong.

Holy shit, you're like a broken record. The Fed and the value of the dollar have absolutely zero impact on the issues described in the OP, and denying welfare is what is immoral. Theft doesn't come into play here.

 

[luckyshot]

We are spoiled brats if we think we have it bad. We've got a cars, a roof over our head, food, iphones, itunes, air jordans, flat screens, we take vacations, spend money on alcohol, cigarettes, rent movies etc... And people around the world are trying to get into our country to have an easier life.

Count your blessings, you've got more than you think you have.

Four in ten American struggle to pay for one of the following; food, housing, healthcare, utilities.

What about that don’t you understand?

 

[IReallyDoTrainUFC]

Holy shit, you're like a broken record. The Fed and the value of the dollar have absolutely zero impact on the issues described in the OP, and denying welfare is what is immoral. Theft doesn't come into play here.

The devaluation of the dollar and corporate welfare (which is stealing from the middle class to give to the rich) has *everything* to do with the subject of the OP.

You are uninformed and ignorant. It's better to not chime in when you're ignorant. It's best just to listen

 

[WaylonMercy5150]

Four in ten American struggle to pay for one of the following; food, housing, healthcare, utilities.

What about that don’t you understand?

I'm guessing he didn't read the article he just saw this thread as an opportunity to push his agenda.

 

[Ripskater]

Four in ten American struggle to pay for one of the following; food, housing, healthcare, utilities.

What about that don’t you understand?

Life is a struggle. Too bad we can't ask our ancestors who crossed the Atlantic Ocean and built this fine country.

 

[Jack V Savage]

The devaluation of the dollar and corporate welfare (which is stealing from the middle class to give to the rich) has *everything* to do with the subject of the OP.

No, genius, inflation drives wages up exactly as much as it drives up other costs and thus has no impact on affordability of goods and services for workers. If you give the matter any thought at all, you'd see this.

 

[franklinstower]

We are spoiled brats if we think we have it bad. We've got a cars, a roof over our head, food, iphones, itunes, air jordans, flat screens, we take vacations, spend money on alcohol, cigarettes, rent movies etc... And people around the world are trying to get into our country to have an easier life.

Count your blessings, you've got more than you think you have.

That is not the point at all. That sounds like a talking point in favor of the fact that worker productivity keeps going up and up but workers wages keep going down. That is just stupid man.

 

[kahiljabroni]

Four in ten American struggle to pay for one of the following; food, housing, healthcare, utilities.

What about that don’t you understand?

Define struggle