35 Statistics About The Working Poor In America That Will Blow Your Mind

[Sargamatha]

http://theeconomiccollapseblog.com/a...blow-your-mind

#1 According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

#2 According to the U.S. Census Bureau, 57 percent of all American children live in a home that is either "poor" or "low income".

#3 Back in 2007, about 28 percent of all working families were considered to be among "the working poor". Today, that number is up to 32 percent even though our politicians tell us that the economy is supposedly recovering.

#4 Back in 2007, 21 million U.S. children lived in "working poor" homes. Today, that number is up to 23.5 million.

#5 In Arkansas, Mississippi and New Mexico, more than 40 percent all of working families are considered to be "low income".

#6 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

#7 Half of all American workers earn $505 or less per week.

#8 At this point, one out of every four American workers has a job that pays $10 an hour or less.

#9 Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

#10 Median household income in the United States has fallen for four consecutive years.

#11 Median household income for families with children dropped by a whopping $6,300 between 2001 and 2011.

#12 The U.S. economy continues to trade good paying jobs for low paying jobs. 60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

#13 Back in 1980, less than 30% of all jobs in the United States were low income jobs. Today, more than 40% of all jobs in the United States are low income jobs.

#14 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

#15 There are now 20.2 million Americans that spend more than half of their incomes on housing. That represents a 46 percent increase from 2001.

#16 Low income families spend about 8.6 percent of their incomes on gasoline. Other families spend about 2.1 percent.

#17 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance. Today, only 55.1 percent are covered by employment-based health insurance.

#18 According to one survey, 77 percent of all Americans are now living paycheck to paycheck at least part of the time.

#19 Millions of working poor families in America end up taking on debt in a desperate attempt to stay afloat, but before too long they find themselves in a debt trap that they can never escape. According to a recent article in the New York Times, the average debt burden for U.S. households that earn $20,000 a year or less "more than doubled to $26,000 between 2001 and 2010".

#20 In 1989, the debt to income ratio of the average American family was about 58 percent. Today it is up to 154 percent.

#21 According to the Economic Policy Institute, the wealthiest one percent of all Americans households on average have 288 times the amount of wealth that the average middle class American family does.

#22 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#23 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

#24 The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percent of all Americans combined.

#25 Sadly, the bottom 60 percent of all Americans own just 2.3 percent of all the financial wealth in the United States.

#26 The average CEO now makes approximately 350 times as much as the average American worker makes.

#27 Corporate profits as a percentage of GDP are at an all-time high. Meanwhile, wages as a percentage of GDP are near an all-time low.

#28 Today, 40 percent of all Americans have $500 or less in savings.

#29 The number of families in the United States living on 2 dollars a day or less more than doubled between 1996 and 2011.

#30 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.

#31 Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps.

#32 More than one out of every four children in the United States is enrolled in the food stamp program.

#33 Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

#34 If you can believe it, the federal government hands out money to 128 million Americans every single month.

#35 Federal spending on welfare has reached nearly a trillion dollars a year, and it is being projected that it will increase by another 80 percent over the next decade.


Brahs, I get the feeling soon we will experience an economic collapse, which will cause inflations like never before in history

[NHSport]

redistribution of peace

[TheDamned]

It starts by taking away guns, then a crash of the economy, other industrialized countries will collapse as a result, a restless nation wont be able to revolt, people will die, the NWO win. not srs. maybe semi srs.

[WaittWhatt]

in on 1rd page

[masud]

Unreliable source.

Stop thinking your country is in a shiithole.

[Sargamatha]

Unreliable source.

Stop thinking your country is in a shiithole.

I'm in UK not U.S, fact is U.S is in a ****hole, you're just too doomed to see it, but you will soon feel it

[MiiO]

Obama done took our jobs and guns

[wheelerx50]

in on last page

[Retoaded]

the poorer they are, the faster they breed.

[Phrankoff]

[microsuede]

Obama done took our jobs and guns

Stay Safe Poverty Ghost

[Gayford]

#8 At this point, one out of every four American workers has a job that pays $10 an hour or less.


jakes on you... I know 4 Americans and they all make more than that.

[RediC]

#28 Today, 40 percent of all Americans have $500 or less in savings.

40% was surprising to me

[S4V4NT]

only jesus can save us now

[hardestout89]

#36 100% of bodybuilding.com/misc users earn over 10,000/day

[0rbit]

#8 At this point, one out of every four American workers has a job that pays $10 an hour or less.


jakes on you... I know 4 Americans and they all make more than that.

#36 At this point, 1 out of every four Americans don't understand statistics because of the failed education system.

[jcant]

#26 The average CEO now makes approximately 350 times as much as the average American worker makes.

I hate when people bring up this statistic. It's retarded to do average pay for CEOs when the pay difference between CEOs is huge. CEOs making over 50 million skew the statistics

[MenaceToSociety]

Earn around $300 a week crew checking in

[Vexidi]

There are no working poor, only poor workers.

[Bishaamon]

and do u know the fukked up thing?

most people in the states think this is okay considering they're all "on the way to the american dream"

so fukk those poor working class people

[NWDub]

stay safe poverty ghost

[PanzerFaust]

There are no working poor, only poor workers.

lol...well said

[Bishaamon]

I hate when people bring up this statistic. It's retarded to do average pay for CEOs when the pay difference between CEOs is huge. CEOs making over 50 million skew the statistics

lemme guess

middle class upitty entitled ******* working his chitty communications degree who thinks everyone not born into the little silgver spoon he had must be some lazy invalid

i dont even know why I post here, I swear I despise almost every entitled ******* on this forum

[Mnw1990]

You forgot #36
They spend 1/3 of their paycheck on Pepsi products

[EnderG60]

We have reached a tipping point where more the 50% of the nation is on welfare. Think about what that means for a second.

More the half the nation is taking hand outs, and voting people into office who will continue said handouts.

As that number grows past 50%, they will vote for more handouts. Less people will feel the need to "try" at life and thus less people will be there to actually pay for these handouts. Why work hard when you can get what you need for free?

If our national debt keeps growing as it has been, and fewer and fewer people actually work to pay taxes this nation will collapse. Guess what? Youre watching it happen right now.

[thnikkaman]

Folks, this is Trickle Down Economics working for you.

Also

stay safe poverty ghost

[Jayo7k]

#28 Today, 40 percent of all Americans have $500 or less in savings.

This blew my mind!!!

It really doesn't matter how much you make, it matters how you budget your money. Both of my parents don't make much at all and they have always been smart with their cash so they have a lot to show for it. It's the people who always have to have new things and live outside their means that end up struggling.

[iron_monster]

I'm in UK not U.S, fact is U.S is in a ****hole, you're just too doomed to see it, but you will soon feel it

Says the guy living in a country that takes it up the ass by radical Muslims

[Turd Ferguson]

Pls stay safe Poverty Ghost.

[redliner9]

We have reached a tipping point where more the 50% of the nation is on welfare. Think about what that means for a second.

More the half the nation is taking hand outs, and voting people into office who will continue said handouts.

As that number grows past 50%, they will vote for more handouts. Less people will feel the need to "try" at life and thus less people will be there to actually pay for these handouts. Why work hard when you can get what you need for free?

If our national debt keeps growing as it has been, and fewer and fewer people actually work to pay taxes this nation will collapse. Guess what? Youre watching it happen right now.

X2

I usaully hear, "the govment gives me $600 a month just to buy groceries".

F*ck, i dont even spend that much a month on food and i have to work for it.