Wednesday, August 08, 2018

The socialists are lying to you about the "shrinking middle class."

"The American middle class has been doing just fine. In 1967, 33.7 percent of all American households earned between $50,000 and $100,000; by 2014, that number (in constant 2014 dollars) had fallen to 28.5 percent of American households. That means the death of the middle class, right? Wrong. It turns out that everybody just got wealthier. In 1967, the households earning an annual income of $50,000 or less constituted 58.2 percent of all Americans; as of the end of 2014, just 46.8 percent fell into this group. And while only 8.1 percent of American households earned more than $100,000 a year in 1967, today, 24.7 percent do. That’s not a collapsing middle class. That’s a growing upper middle class."
https://www.nationalreview.com/2017/01/middle-class-income-not-stagnating/
Yes, the middle class is moving up, to upper middle class, and socialists hate that and lie to you, like Ocasio-Cortez and Sanders.
And let's not forget how many Americans are now retired--like the Bruces. Socialists want you to forget that figure. "If we compare full-time workers ages 25 to 64 in 1979 with that same subset of workers in 2013, income exceeded inflation and grew 33 percent total."
A lot of these figures are from the Obama era--they even lie to you about that!

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