American Dream Ends Abruptly: “Middle-Class Families No Longer the Majority”
Mac Slavo
December 12th, 2015
SHTFplan.com
Too many are losing too much too fast.
A new study has found the American Dream dead, under apparent delusions of grandeur and with heavy traces of pharmaceuticals and dead tissue debt. Several large tumors were found inside, with the largest connected to student loan.
A rapid decline in upward job opportunities and a contracting wealth gland stunted the Dream, and precluded the inevitable end. It seems that body’s metabolism simply could not keep up with the burden of so many adverse indicators, including decreased blood flow and metastatis throughout various parts of the body politic. Lethargy and idleness contributed towards a loss of strength. The rest was a consequence of chronic debilitation.
Middle-class families, pillar of the American dream, are no longer in the majority, and it’s now official according to the Pew Research Center… Things have been on a downward slide since the deindustrialization of the 1970s, but things have now reached a point of no return.
Via the LA TIMES:
The nation’s middle class, long a pillar of the U.S. economy and foundation of the American dream, has shrunk to the point where it no longer constitutes the majority of the adult population, according to a new major study.
The Pew Research Center report released Wednesday put in sharp relief the nation’s increasing income divide […]
The tipping point for the middle class occurred over the last couple of years of the recovery from the Great Recession as the economy continued to reward highly educated workers, well-to-do investors and those with technical skills.
Rapid growth of upper-income households, coupled with an increase in less-educated low earners, has driven the decline of the middle-income population to a hair below 50% of the total this year, Pew found. In 1971, the middle class accounted for 61% of the population, and it has been declining steadily since.
The Rest…HERE
