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States where the middle class is shrinking fastest

 
Black_Jack
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User ID: 39480951
United States
02/23/2015 04:20 PM
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States where the middle class is shrinking fastest
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)]
Mr. NorM

User ID: 46322755
United States
02/23/2015 04:22 PM
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Re: States where the middle class is shrinking fastest
No surprise.

Keep em' down and eventually they will ask for help.
Married to a ginger
Anonymous Coward
User ID: 64616432
United States
02/23/2015 06:11 PM
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Re: States where the middle class is shrinking fastest
We get hammered out here in SoCal....

There is at least 30 million people here.

Home prices are ridonkulous. It's absurd. The Chinese and Middle East are buying it all up...

I've seen youg guys come here from Middle East countries with large amounts of money to buy business and start others.
Anonymous Coward
User ID: 68172602
United States
02/23/2015 06:16 PM
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Re: States where the middle class is shrinking fastest
I've got retail stores throughout my community that are closing down. Empty, boarded up storefronts everywhere.

The latest casualty was STAGE. Of course, they suck anyway
Anonymous Coward
User ID: 64616432
United States
02/23/2015 06:42 PM
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Re: States where the middle class is shrinking fastest
We get hammered out here in SoCal....

There is at least 30 million people here.

Home prices are ridonkulous. It's absurd. The Chinese and Middle East are buying it all up...

I've seen youg guys come here from Middle East countries with large amounts of money to buy business and start others.
 Quoting: Anonymous Coward 64616432


You are poor here even with $100k a year.
Black_Jack  (OP)

User ID: 39480951
United States
02/23/2015 11:23 PM
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Re: States where the middle class is shrinking fastest
No surprise.

Keep em' down and eventually they will ask for help.
 Quoting: Mr. NorM


hahahha! they are getting help by moving out of socal.

:-)
Anonymous Coward
User ID: 68317294
United States
02/24/2015 12:42 AM
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Re: States where the middle class is shrinking fastest
the commerce and marketplace of the whole world will grind to a halt

prior to the end of this Age

slowly and then rapidly until all such simply ceases to exist and function as once it had

dead in the water, sorta like the sealife

like unto what will be left of this Age as a whole in truth

dying gasps with sprinklings of enlightenment amidst the glowering gloom

of destruction on every level in all regard
Anonymous Coward
User ID: 33435073
United States
02/24/2015 12:50 AM
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Re: States where the middle class is shrinking fastest
That is what oligarchical fascist socialism does
Anonymous Coward
User ID: 68317294
United States
02/24/2015 12:52 AM
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Re: States where the middle class is shrinking fastest
That is what oligarchical fascist socialism does
 Quoting: Anonymous Coward 33435073




and the fitting end of such

yes
Anonymous Coward
User ID: 43103607
United States
02/24/2015 12:58 AM
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Re: States where the middle class is shrinking fastest
That is what oligarchical fascist socialism does
 Quoting: Anonymous Coward 33435073


bump
beeches

User ID: 28167778
United States
02/24/2015 01:05 AM

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Re: States where the middle class is shrinking fastest
That is what oligarchical fascist socialism does
 Quoting: Anonymous Coward 33435073


and that is barryhussein's game.

other than golf.
we only have each other. And that makes us rich.. . .

Wisdom in the man, patience in the wife, brings peace to the house and a happy life.
Black_Jack  (OP)

User ID: 39480951
United States
02/24/2015 03:09 PM
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Re: States where the middle class is shrinking fastest
That is what oligarchical fascist socialism does
 Quoting: Anonymous Coward 33435073


and that is barryhussein's game.

other than golf.
 Quoting: beeches


why of course it is. it all started with something like this:

mid 80's: NAFTA

The 90's: service and manufacturing jobs started going overseas

2000: more sectors were added including menial tech jobs ---> india, china

2010 to present: engineering, customer service jobs, tech support ------> india

try calling any customer service rep up and getting a white person to answer the phone.

I dare you.





GLP