Is the American middle class dying fast, or are we killing it fast in direct proportion to the ever expanding JOBS AND WELFARE TO ILLEGALS FIRST policy?
US middle class is dying fast!
The following are 27 signs that the standard of living for America's middle class is dropping like a rock....
#1 Household spending for the middle fifth of all U.S. income earners was down 3.5% in 2009. That was the steepest one year decline since records began being kept back in 1984.
#2 Median household income in the United States fell from $51,726 in 2008 to $50,221 in 2009.
#3 According to one new report, in 2009 residents of New York state experienced their first full-year decline in income in more than 70 years.
#4 Of the 52 largest metro areas in the United States, only the city of San Antonio did not see a decline in median household income in 2009.
#5 Home ownership in the United States declined for the third year in a row in 2009.
#6 In 2009, approximately 4 million Americans fell out of the middle class and now live below the federal poverty line.
#7 The number of Americans enrolled in the food stamp program has set a new all-time record for 20 consecutive months.
#8 In July (the last month for which data is available), 41.8 million Americans were on food stamps.
#9 The number of Americans in the food stamp program skyrocketed more than 55 percent between December 2007 and July 2010.
#10 In 2009, more than 48 million Americans were enrolled in the Medicaid program.
#11 One out of every six Americans is now enrolled in at least one anti-poverty program run by the U.S. government.
#12 According to one recent study, approximately 21 percent of all children in the United States are living below the poverty line in 2010.
#13 According to the Cato Institute, anti-poverty spending by the U.S. government has increased 89 percent over the past decade.
#14 The cost of health care increased a staggering 9.6% for all U.S. households from 2007 to 2009.
#15 It turns out that only the top 5 percent of all U.S. households have earned enough additional income to match the rise in housing costs since 1975.
#16 35 percent of all U.S. households now live on $35,000 or less.
#17 New York state Comptroller Thomas DiNapoli says that Wall Street bonuses for 2009 were up 17 percent when compared with 2008.
#18 According to a poll taken in 2009, 61 percent of Americans "always or usually" live paycheck to paycheck. That was up substantially from 49 percent in 2008 and 43 percent in 2007.
#19 Today, 28% of all American households have at least one member that is searching for a full-time job.
#20 Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many that were receiving it back in 2007.
#21 A recent Pew Research survey found that 55 percent of the U.S. labor force has experienced either unemployment, a pay decrease, a reduction in hours or an involuntary move to part-time work since the recession began.
#22 In 2009, 43.6 million Americans were living in poverty. Sadly, the number of Americans living in poverty has increased for three consecutive years, and the 43.6 million poor Americans in 2009 was the highest number that the U.S. Census Bureau has ever recorded in 51 years of record-keeping.
#23 A staggering 25 percent of all American adults now have a credit score below 599.
#24 It is estimated that nearly a third of all Americans cannot qualify for a mortgage because of low credit scores.
#25 For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all American households put together.
#26 Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a stunning 32 percent increase over 2008.
#27 According to a new report by the U.S. Census Bureau, the bottom fifth of all U.S. income earners brought in just 3.4 percent of all income in 2009 while the top fifth brought in a whopping 49.4 percent of all income.
So is there any hope that things will turn around soon?
No, not really.
http://teapartyusa.homestead.com/news.html
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LA RAZA HARRY REID’S STATE IS NOW 25% ILLEGAL!
The president’s attention is a favor to Senator Harry M. Reid, the Democratic majority leader, who faces a tough re-election battle in Nevada and promised to pursue immigration legislation in an appeal to his state’s growing Hispanic population.
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WHO REALLY PAYS FOR THE MEX WELFARE STATE? NOT THE EMPLOYERS OF ILLEGALS! NOT MEXICO! WE ARE MEXICO’S WELFARE SYSTEM.
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If we keep up the enforcement, we can actually get control of this problem; my own Center for Immigration Studies has estimated that a comprehensive enforcement effort could reduce the illegal-alien population by half in five years. Once we accomplished that, we could then consider what to do about the remaining illegal population.
Debate: Let's Stop Welcoming Undocumented Immigrants
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