REPORT ABUSIVE MESSAGE
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Subject
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States where the middle class is shrinking fastest
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Poster Handle
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Black_Jack |
Post Content
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no shock, CA leads all states. LOL. The American economy is by many measures well on the road to full recovery. The national unemployment rate was 6.2% in 2013, down from 9.3% in 2009; U.S. gross domestic product grew 5% in the third quarter of 2014; and the S&P 500 recently reached its all time high. And yet the middle class, which historically was the driver of economic growth, is falling behind. The average income among middle-class families shrank by 4.3% between 2009 and 2013, while incomes among the wealthiest 20% of American households grew by 0.4%....... more.... [ link to homes.yahoo.com (secure)]
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