Half The Country Makes Less Than $27,520 A Year And 15 Other Signs The Middle Class Is Dying

If you make more than $27,520 a year at your job, you are doing
better than half the country is.  But you don't have to take my word for
it, you can check out the latest wage statistics from the Social
Security administration right here. 
But of course $27,520 a year will not allow you to live "the American
Dream" in this day and age.  After taxes, that breaks down to a good bit
less than $2,000 a month.  You can't realistically pay a mortgage, make
a car payment, afford health insurance and provide food, clothing and
everything else your family needs for that much money.  That is one of
the reasons why both parents are working in most families today.  In
fact, sometimes both parents are working multiple jobs in a desperate
attempt to make ends meet.  Over the years, the cost of living has risen
steadily but our paychecks have not.  This has resulted in a steady
erosion of the middle class.  Once upon a time, most American families
could afford a nice home, a couple of cars and a nice vacation every
year.  When I was growing up, it seemed like almost everyone was middle
class.  But now "the American Dream" is out of reach for more Americans
than ever, and the middle class is dying right in front of our eyes.



One of the things that was great about America in the post-World War
II era was that we developed a large, thriving middle class.  Until
recent times, it always seemed like there were plenty of good jobs for
people that were willing to be responsible and work hard.  That was one
of the big reasons why people wanted to come here from all over the
world.  They wanted to have a chance to live "the American Dream" too.





Half The Country Makes Less Than $27,520 A Year And 15 Other Signs The Middle Class Is Dying