This is one of the proximate reasons for the middle class decline. When fewer people are earning money, households become more fragile, and have (generally) smaller surplus incomes. All told, the real unemployment rate is upwards of 13% -a far cry from the ~5% the government claims.
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2012-02-03 · Now I understand why the Republicans get one percent of the vote – the richest one percent. That other 49% someone will have to explain to me. The facts about what the Republicans have done to the middle class are beyond reasonable doubt, and yet their base refuses to see it.
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The question then is why, given that people with higher incomes are more likely to vote than those with lower incomes and the middle class is shrinking. The real reason why the middle class seemingly gets such an out-sized share of attention may have to do with how it formed and what it means to American ideals.
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2015-09-26 · In a survey released this year by Zurich International Life, 47.5 per cent of UAE residents were overweight, with a BMI of between 25 and 30, while another 13 per cent were obese, with a BMI of over 30. Since the average BMI in the UAE is 25.6, the average UAE resident is considered overweight.
Do you think that 2011 will be a good year for America’s middle class? Well, you might not be so optimistic after you read the 30 statistics posted below. The truth is that 2011 is going to be another crappy year for America’s middle class, and there is not a whole lot that you or I can do about it.
Olga, WA – If you’re baffled by the latest good news/bad news for the American middle class – word that in 2015 typical family income got its best boost in five decades, but families are still worse off than in 2007, just think about trickle-down economics and how it works. During an economic recovery, the [.]
2019-10-11 · ””I understand why they’re doing it, it’s for a good reason and needs to be done, I support them,” a supportive commuter told 9News.” It’s not a good reason. There is no climate or extinction emergency. If they would just look at the observed DATA, they.