The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.
The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.
22 STATISTICS SHOWING THE MIDDLE CLASS DYING
* 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
* 61 percent of Americans ‘always or usually’ live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
* 66% of the income growth between 2001 and 2007 went to the top 1% of all Americans.
* 36 percent of Americans say that they don’t contribute anything to retirement savings.
* A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
* 24% of American workers say that they have postponed their planned retirement age in the past year.
* Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.
* Only […]