The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done. According to the Social Security Administration, the median yearly wage in the United States is just $30,533 at this point. That means 50 percent of all American workers make Read More…
Tag: wealth gap
As Wealthy Surge, U.S. Poor and Middle Class Income Has Gone Backward
Poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014, according to new research Middle and low-income households in the U.S. made less money in 2014 than they did in 1999 as the middle class lost ground in almost 90 percent of the country’s metropolitan areas, a new Read More…