Dec 09

America Crosses The Tipping Point: The Middle Class Is Now A Minority:

Americans have long lived in a nation made up primarily of middle-class families, neither rich nor poor, but comfortable enough, notes NPR’s Marilyn Geewax, but this year – for the first time in US history, that changed. A new analysis of government data shows that as of 2015, middle-income households have become the minority, extending a multi-decade decline that confirms the hollowing out of society as 49% of all Americans now live in a home that receives money from the government each month. Sadly, the trends that are destroying the middle class in America just continue to accelerate.

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One Response to “America Crosses The Tipping Point: The Middle Class Is Now A Minority”

  1. squodgy Says:

    Yep, we’re off…

    http://www.zerohedge.com/news/2015-12-11/everythings-crashing

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