A very interesting chart has crossed our feed this morning via Teddy Vallee, a consumer analyst, who we pay attention to on occasion...
The first half of the chart shows the bottom 50% of Western European’s national income, which has stayed relatively the same for the past 30-years.
Meanwhile, in the United States, the bottom 50% of Americans have been royally screwed of the course of 30-years.
Corporations, Fed, and Politicians have not allowed the middle class to collect their fair share of earnings.
For that very reason, has the collapse of middle America been done on purpose?
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2 comments:
The bottom 50% that don't pay a dime in federal taxes? The bottom 50% that demands all the handouts they don't pay for? The bottom 50% that'll buy Nike Air Jordans and be out acting like a heathen the day after Thanksgiving?
F the bottom 50%.
Imagine being so dumb that you think the entirety of the bottom 50% is made up of the 13% of the population you obviously inherently dislike. The irony is that you are probably is the same bracket as those highlighted in this article.
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