Americans Just Keep Getting Poorer

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Americans Just Keep Getting Poorer

Americans are getting poorer at an astonishing rate.

The USA remains the richest country in the world, so the only explanation for this is that the wealth is being transferred to someone. And we know who it is being transferred to: super-rich multinational corporations and hordes of nonwhite immigrants.

Axios:

VACATION.

TODAY’S AVERAGE CARPENTER SALARY IS AT THE VERY BOTTOM OF THE MIDDLE CLASS, WHICH BEGINS AT ABOUT $40,000, ACCORDING TO PEW, AND DOES NOT TYPICALLY PUT A WORKER IN A POSITION TO PURCHASE THE 1970S MIDDLE-CLASS LIFESTYLE.

THE BACKGROUND: IN 1948, UNIONIZED AUTO INDUSTRY WORKERS ACHIEVED A MAJOR BREAKTHROUGH — AN AGREEMENT FROM THE INDUSTRY ON A “BASIC WAGE.” OVER THE SUBSEQUENT DECADES, THE SYMBOL OF THE BASIC WAGE WAS $20 AN HOUR, A THRESHOLD THAT SPREAD, REPRESENTING THE BOTTOM OF THE UNION WAGE LADDER.

BY 1979, 23% OF ALL U.S. HOURLY WORKERS EARNED AT LEAST $20. THEN IT BEGAN DROPPING, TO 18% IN 1989 AND 16% IN 2000.

TODAY, ECONOMISTS AND OTHER EXPERTS TYPICALLY CALL $15 AN HOUR “MIDDLE WAGE;” THE TOP OF THE MIDDLE-WAGE SCALE CAN BE A LITTLE OVER $20. SINCE THE FINANCIAL CRASH A DECADE AGO, SOME THREE-QUARTERS OF NEW JOBS HAVE PAID AROUND $15 OR LESS AN HOUR. AS OF 2015, 42% OF ALL WORKERS EARNED $15 OR LESS PER HOUR, ACCORDING TO THE NATIONAL EMPLOYMENT LAW PROJECT.

The only person who regularly covers this is Tucker Carlson.

The re-emergence of grinding poverty among ordinary Americans is a shattering indictment of the liberal globalist ‘dream’ – and the elite greed that created it.

But when Americans finally tried to elect a man to put things right, instead of a new Huey Long they got Donald Trump. The man promised to bring back industry and stop immigration – the two things that are key to solving the problem. But now he is openly proposing to bring in millions more low-wage migrants.

“Put not your trust in Princes….”

 

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