America’s middle class _ if it can still be called that _ continues to be shafted by government policies and the Fed’s money printing and yet they keep sending the same clowns or clones of the same clowns back to Washington to do more of the same. Do you see why the name “Asylum Watch” is appropriate? America’s electorate should be on suicide watch. But then, who is there to save them from their folly?
Let me share with you some information that every voter should have burned into their brains whenever they go into their voting booth. This information comes from a report by the Social Security Administration, which I found at the Economic Collapse Blog.
Here are some more numbers from the report that the Social Security Administration just released…
-39 percent of American workers made less than $20,000 last year.
-52 percent of American workers made less than $30,000 last year.
-63 percent of American workers made less than $40,000 last year.
-72 percent of American workers made less than $50,000 last year.
This is the result of the American electorate not understanding or not caring about the cause and effect of ever-growing government power to screw things up.
What can be said about the proverbial “American Dream”, when 72% earn less than threshold of $50,000 needed to barely sustain a family of four at a so-called middle class life style? If we can agree that the highest 10% wage earners can be classified as rich, that means only 18% of American workers are middle class.
The author of the article pointed out another very disturbing fact that comes from these numbers:
If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000. So the fact that 39 percent of all workers made less than that amount is rather telling. This is more evidence of the declining quality of the jobs in this country. In many homes in America today, both parents are working multiple jobs in a desperate attempt to make ends meet.
It is probably safe to say that a significant (>30%?) of Republican voters will have these or similar information in mind when they next vote and every time they go to the polls. What about the Democrats? Not a chance, right?
I have a question for you all. If we could make a flyer of the graph below and hand the out to every voter out side of every polling station in America, would it make a difference in the election results? I have my doubts. But, it would be an interesting exercise.
Sadly, the likelihood is that the American electorate will continue aid and abed those who enjoy and profit from shafting them.
Well, that’s what I’m thinking. What are your thoughts?