Shamelessly stolen for your edification from
Michael Snyder
Otherfish additions noted, follow each factoid.
Activist Post
#1 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. Otherfish addition: U. S.Census data indicates that 46.2 million working Americans, (about 12.5%) are in poverty. This number excludes 22 million children. This is especially sad in the self-proclaimed, preeminent capitalistic society on the planet. At the risk of waxing too mathematical, wealth in our society (in dollars) breaks down like this, under about twenty-two thousand is considered poverty (Of this group, 4.6 million individuals did not work a single day last year), moving up exponentially, the middle class ends around two-hundred and twenty thousand. Only about 1% make over $220,000 per year.
#2 As the middle class shrinks, more Americans than ever have been forced to become dependent on the federal government. Federal spending on welfare programs has reached nearly a trillion dollars a year, and that does not even count Social Security or Medicare. Welfare spending is now 16 times larger than when the "war on poverty" began. Otherfish addition: The vast majority of money spent on the "War on Poverty" has been to top-level managers, accountants and operations at distribution centers rather than people in need. Over half of welfare costs go to people making six figure salaries, placing them firmly in the middle class.
#3 Median household income in the U.S. has fallen for four consecutive years. Overall, it has declined by over $4,000 during that time span. Otherfish addition: median, as you remember, throws out exactly the same number of higher incomes and lower ones. The wealthier side of this number sacrificed far less, the lower side lost much, much more.
#4 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. Otherfish addition: this is diametrically opposed to the "Trickle-down Theory" that the wealthy have shoved down our throats for decades.
#5 The number of Americans living in poverty has increased by more than 15 million since the turn of the century. Otherfish addition: The new under class has become big business for health care, (as write-offs for "free" emergency room visits) drug companies, (who benefit from government supported treatment for everything from obesity to depression and stress, non-food related issues and complications which can require mental health services.) and for the long term starvation caused by The C.A.N.D.Y. (Continuously Advertized Nutritionally Deficient Yum-yum) monster that is the lucrative business that thrives in the food deserts of our nation.
#6 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today. Otherfish addition:Many non-food items are subsidized through permissible use of food stamps. Add to this the astonishing number of food islands in central cities, where poverty is high, and you have a snack food corporate welfare haven of unimaginable proportion. Thirty million more "customers than in 2000.
#7 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. Otherfish addition: More than exponential growth over forty years. Two percent, then compared to over fifteen (15%), now. It is ironic that as cities have fallen on hard times, the availability of healthy food has dropped simultaneously. Again, can you say corporate welfare for, say it with me..."Nutritionally Deficient, Continuously Advertized Yum-yums."
Read: Vicky Lansky's book Taming the C.A.N.D.Y. Monster.
#8 According to the Pew Research Center, 61 percent of all American households were "middle class" back in 1971. Today, that figure has fallen to 51 percent. Otherfish addition: Because of population increase, nearly twice as many people are living in poverty in the U.S.A. as did in 1971, just two generations ago.
#9 In the United States today, 35 percent of all households live on $35,000 or less each year.
Otherfish addition: Another fifteen percent subsist on incomes between poverty and the median income of under 53 K annual income. 36 Million individuals 25 years old to 65 years old, have quit looking for work. These people are not earning income at all, or are making what they can in the black market, cash jobs or barter.
#10 One recent survey discovered that 85 percent of all middle class Americans believe that it is harder to maintain a middle class standard of living today than it was 10 years ago. Otherfish addition: First World Problems to be sure, but even the people of moderate means are being forced by the oligarchy to practice austerity for their rapidly expanding wealth.
#11 62 percent of all middle class Americans say that they have had to reduce household spending over the past year. Otherfish addition: What we need for a recovery is to have customers for people to sell to, not a population scrimping to make ends meet. Expanding sense of lack undermines any hope of economic recovery.
#12 According to one survey, 77 percent of all Americans are now living paycheck to paycheck at least part of the time. Otherfish addition:This has led to an indirect subsidy of payday and pawn loan stores, even more desperate times for evermore people and increasing property crime for the police to track down.
#13 In 1989, the debt to income ratio of the average American family was about 58 percent. Today it is up to 154 percent. Otherfish addition: Five years into this "recession", in September, 2012, we heard financial hawks at Reuters get all excited that foreclosures dropped to their lowest monthly levels since the last quarter of 2007. "Only" 180,427 more people were either rendered homeless, or finally unable to pay their debts, losing the largest investment most people ever make.
#14 Total U.S. household debt grew from just 1.4 trillion dollars in 1980 to a whopping 13.7 trillion dollars in 2007. This played a huge role in the financial crisis of 2008, and the problem has still not been solved.Otherfish addition: The people who own our debt basically own us, they own the representatives who are supposed to serve our interests, and they have owned the dictionary that we use to debate the "issues" of the day. It is no wonder that they do not want substantive discussion about corporate welfare to come up. Personal debt has risen from about 6K in 1980, to 44K per person today.
#15 While debt loads for middle class families are going up, the net worth of those same families is going down. According to the Federal Reserve, the median net worth of families in the United States declined "from $126,400 in 2007 to $77,300 in 2010". Otherfish addition: Like the main character in It's a Wonderful Life, many of us are "worth" more dead than alive.
#16 The percentage of working age Americans with a job has been below 59 percent for 40 months in a row. Otherfish addition: Is it any wonder that suicides of U. S. military personnel (our children, fathers and mothers) outstripped hostile fire as cause of death this year?
#17 Today there are about 3.25 million Americans that say that they want a job but that have not searched for a job in more than a year because they believe that it is so hopeless. Otherfish addition: Nearly the same number of people as live in the city of Los Angeles. Many of the most powerful news organizations have conspired to portray our plight as dourly as possible, neglecting to cover the millions of good news stories that fill the lives of most of us. Hopelessness keeps people from demanding change.
#18 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million. Otherfish addition: About 1/3 of the entire population.
#19 The unemployment rate for African-Americans rose dramatically from 13.2 percent in November to 14.0 percent in December. Otherfish addition: This number would be even higher if you counted the incarcerated as part of the unemployed. One more way that fear based decision-making has led to social costs.
#20 The unemployment rate for Americans in the 18 to 29 year-old age bracket is 11.5 percent overall. For African-Americans in that age group, the unemployment rate is now up to 22.1 percent. Millions of young people believe that the system has totally failed them. Nearly double and that is not including the incarcerated. nearly half of a whole generation of young black men have had their lives scarred by being put behind bars or on probation. Again, thank-you Ronald Reagan.
#21 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.
#22 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.
#23 Today, approximately 25 million American adults are living with their parents.
#24 According to the Tax Policy Center, the recent fiscal cliff deal will raise taxes more for those making between $30,000 and $200,000 a year than it will for those making between $200,000 and $500,000 a year.
#25 According to a Gallup survey, only 60 percent of all Americans say that they have enough money to live comfortably.
#26 One recent survey found that 63 percent of all Americans believe that the U.S. economic model is broken.
#27 Each year, the average American must work 107 days just to make enough money to pay local, state and federal taxes.
#28 Consumer debt in America has risen by a whopping 1700 percent since 1971.
#29 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.
#30 The average American household spent approximately $4,155 on gasoline during 2011, and electricity bills in the U.S. have risen faster than the overall rate of inflation for five years in a row.
#31 According to USA Today, many Americans have actually seen their water bills triple over the past 12 years.
#32 Health insurance costs have risen by 23 percent since Barack Obama became president. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.
#33 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.
#34 According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement.
#35 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.
#36 The United States has lost more than 56,000 manufacturing facilities since 2001.
#37 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.
#38 In 2000, there were more than 17 million Americans working in manufacturing, but now there are less than 12 million.
#39 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#40 Since 2000, U.S. multinational corporations have eliminated 2.9 million jobs in the United States and have added 2.4 million jobs overseas.
#41 According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.
#42 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.
#43 At this point, one out of every four American workers has a job that pays $10 an hour or less. If that sounds like a high figure, that is because it is. Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
#44 According to the Pew Research Center, only 23 percent of all American workers believe that they have enough money to get them through retirement.
#45 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.
#46 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#47 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.
#48 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.
#49 At this point, the poorest 50 percent of all Americans collectively own just 2.5% of all the wealth in the United States.
#50 The United States now ranks 93rd in the world in income inequality.
#51 The average CEO now makes approximately 350 times as much as the average American worker makes.
#52 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.
#53 Today, 40 percent of all Americans have $500 or less in savings.
#54 One recent survey found that 28 percent of all Americans do not have a single penny saved for emergencies.
#55 Shockingly, at this point 48 percent of all Americans are either considered to be "low income" or are living in poverty.
#56 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."
#57 According to the U.S. Census Bureau, an all-time record 49 percent of all Americans live in a home where at least one person receives financial assistance from the federal government. Back in 1983, that number was less than 30 percent.
#58 According to U.S. Census data, 57 percent of all American children live in a home that is either considered to be "poor" or "low income".
#59 For the first time ever, more than a million public school students in the United States are homeless.
#60 According to a stunning new Gallup survey, 65 percent of all Americans believe that 2013 will be a year of "economic difficulty".
Michael Snyder
Otherfish additions noted, follow each factoid.
Activist Post
#1 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. Otherfish addition: U. S.Census data indicates that 46.2 million working Americans, (about 12.5%) are in poverty. This number excludes 22 million children. This is especially sad in the self-proclaimed, preeminent capitalistic society on the planet. At the risk of waxing too mathematical, wealth in our society (in dollars) breaks down like this, under about twenty-two thousand is considered poverty (Of this group, 4.6 million individuals did not work a single day last year), moving up exponentially, the middle class ends around two-hundred and twenty thousand. Only about 1% make over $220,000 per year.
#2 As the middle class shrinks, more Americans than ever have been forced to become dependent on the federal government. Federal spending on welfare programs has reached nearly a trillion dollars a year, and that does not even count Social Security or Medicare. Welfare spending is now 16 times larger than when the "war on poverty" began. Otherfish addition: The vast majority of money spent on the "War on Poverty" has been to top-level managers, accountants and operations at distribution centers rather than people in need. Over half of welfare costs go to people making six figure salaries, placing them firmly in the middle class.
#3 Median household income in the U.S. has fallen for four consecutive years. Overall, it has declined by over $4,000 during that time span. Otherfish addition: median, as you remember, throws out exactly the same number of higher incomes and lower ones. The wealthier side of this number sacrificed far less, the lower side lost much, much more.
#4 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. Otherfish addition: this is diametrically opposed to the "Trickle-down Theory" that the wealthy have shoved down our throats for decades.
#5 The number of Americans living in poverty has increased by more than 15 million since the turn of the century. Otherfish addition: The new under class has become big business for health care, (as write-offs for "free" emergency room visits) drug companies, (who benefit from government supported treatment for everything from obesity to depression and stress, non-food related issues and complications which can require mental health services.) and for the long term starvation caused by The C.A.N.D.Y. (Continuously Advertized Nutritionally Deficient Yum-yum) monster that is the lucrative business that thrives in the food deserts of our nation.
#6 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today. Otherfish addition:Many non-food items are subsidized through permissible use of food stamps. Add to this the astonishing number of food islands in central cities, where poverty is high, and you have a snack food corporate welfare haven of unimaginable proportion. Thirty million more "customers than in 2000.
#7 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. Otherfish addition: More than exponential growth over forty years. Two percent, then compared to over fifteen (15%), now. It is ironic that as cities have fallen on hard times, the availability of healthy food has dropped simultaneously. Again, can you say corporate welfare for, say it with me..."Nutritionally Deficient, Continuously Advertized Yum-yums."
Read: Vicky Lansky's book Taming the C.A.N.D.Y. Monster.
#8 According to the Pew Research Center, 61 percent of all American households were "middle class" back in 1971. Today, that figure has fallen to 51 percent. Otherfish addition: Because of population increase, nearly twice as many people are living in poverty in the U.S.A. as did in 1971, just two generations ago.
#9 In the United States today, 35 percent of all households live on $35,000 or less each year.
Otherfish addition: Another fifteen percent subsist on incomes between poverty and the median income of under 53 K annual income. 36 Million individuals 25 years old to 65 years old, have quit looking for work. These people are not earning income at all, or are making what they can in the black market, cash jobs or barter.
#10 One recent survey discovered that 85 percent of all middle class Americans believe that it is harder to maintain a middle class standard of living today than it was 10 years ago. Otherfish addition: First World Problems to be sure, but even the people of moderate means are being forced by the oligarchy to practice austerity for their rapidly expanding wealth.
#11 62 percent of all middle class Americans say that they have had to reduce household spending over the past year. Otherfish addition: What we need for a recovery is to have customers for people to sell to, not a population scrimping to make ends meet. Expanding sense of lack undermines any hope of economic recovery.
#12 According to one survey, 77 percent of all Americans are now living paycheck to paycheck at least part of the time. Otherfish addition:This has led to an indirect subsidy of payday and pawn loan stores, even more desperate times for evermore people and increasing property crime for the police to track down.
#13 In 1989, the debt to income ratio of the average American family was about 58 percent. Today it is up to 154 percent. Otherfish addition: Five years into this "recession", in September, 2012, we heard financial hawks at Reuters get all excited that foreclosures dropped to their lowest monthly levels since the last quarter of 2007. "Only" 180,427 more people were either rendered homeless, or finally unable to pay their debts, losing the largest investment most people ever make.
#14 Total U.S. household debt grew from just 1.4 trillion dollars in 1980 to a whopping 13.7 trillion dollars in 2007. This played a huge role in the financial crisis of 2008, and the problem has still not been solved.Otherfish addition: The people who own our debt basically own us, they own the representatives who are supposed to serve our interests, and they have owned the dictionary that we use to debate the "issues" of the day. It is no wonder that they do not want substantive discussion about corporate welfare to come up. Personal debt has risen from about 6K in 1980, to 44K per person today.
#15 While debt loads for middle class families are going up, the net worth of those same families is going down. According to the Federal Reserve, the median net worth of families in the United States declined "from $126,400 in 2007 to $77,300 in 2010". Otherfish addition: Like the main character in It's a Wonderful Life, many of us are "worth" more dead than alive.
#16 The percentage of working age Americans with a job has been below 59 percent for 40 months in a row. Otherfish addition: Is it any wonder that suicides of U. S. military personnel (our children, fathers and mothers) outstripped hostile fire as cause of death this year?
#17 Today there are about 3.25 million Americans that say that they want a job but that have not searched for a job in more than a year because they believe that it is so hopeless. Otherfish addition: Nearly the same number of people as live in the city of Los Angeles. Many of the most powerful news organizations have conspired to portray our plight as dourly as possible, neglecting to cover the millions of good news stories that fill the lives of most of us. Hopelessness keeps people from demanding change.
#18 When you total up all working age Americans that do not have a job in America today, it comes to more than 100 million. Otherfish addition: About 1/3 of the entire population.
#19 The unemployment rate for African-Americans rose dramatically from 13.2 percent in November to 14.0 percent in December. Otherfish addition: This number would be even higher if you counted the incarcerated as part of the unemployed. One more way that fear based decision-making has led to social costs.
#20 The unemployment rate for Americans in the 18 to 29 year-old age bracket is 11.5 percent overall. For African-Americans in that age group, the unemployment rate is now up to 22.1 percent. Millions of young people believe that the system has totally failed them. Nearly double and that is not including the incarcerated. nearly half of a whole generation of young black men have had their lives scarred by being put behind bars or on probation. Again, thank-you Ronald Reagan.
#21 Families that have a head of household under the age of 30 have a poverty rate of 37 percent.
#22 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.
#23 Today, approximately 25 million American adults are living with their parents.
#24 According to the Tax Policy Center, the recent fiscal cliff deal will raise taxes more for those making between $30,000 and $200,000 a year than it will for those making between $200,000 and $500,000 a year.
#25 According to a Gallup survey, only 60 percent of all Americans say that they have enough money to live comfortably.
#26 One recent survey found that 63 percent of all Americans believe that the U.S. economic model is broken.
#27 Each year, the average American must work 107 days just to make enough money to pay local, state and federal taxes.
#28 Consumer debt in America has risen by a whopping 1700 percent since 1971.
#29 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.
#30 The average American household spent approximately $4,155 on gasoline during 2011, and electricity bills in the U.S. have risen faster than the overall rate of inflation for five years in a row.
#31 According to USA Today, many Americans have actually seen their water bills triple over the past 12 years.
#32 Health insurance costs have risen by 23 percent since Barack Obama became president. According to the Bureau of Economic Analysis, health care costs accounted for just 9.5% of all personal consumption back in 1980. Today they account for approximately 16.3%.
#33 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.
#34 According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement.
#35 The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.
#36 The United States has lost more than 56,000 manufacturing facilities since 2001.
#37 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.
#38 In 2000, there were more than 17 million Americans working in manufacturing, but now there are less than 12 million.
#39 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#40 Since 2000, U.S. multinational corporations have eliminated 2.9 million jobs in the United States and have added 2.4 million jobs overseas.
#41 According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.
#42 According to one study, between 1969 and 2009 the median wages earned by American men between the ages of 30 and 50 declined by 27 percent after you account for inflation.
#43 At this point, one out of every four American workers has a job that pays $10 an hour or less. If that sounds like a high figure, that is because it is. Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
#44 According to the Pew Research Center, only 23 percent of all American workers believe that they have enough money to get them through retirement.
#45 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.
#46 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
#47 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.
#48 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.
#49 At this point, the poorest 50 percent of all Americans collectively own just 2.5% of all the wealth in the United States.
#50 The United States now ranks 93rd in the world in income inequality.
#51 The average CEO now makes approximately 350 times as much as the average American worker makes.
#52 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.
#53 Today, 40 percent of all Americans have $500 or less in savings.
#54 One recent survey found that 28 percent of all Americans do not have a single penny saved for emergencies.
#55 Shockingly, at this point 48 percent of all Americans are either considered to be "low income" or are living in poverty.
#56 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."
#57 According to the U.S. Census Bureau, an all-time record 49 percent of all Americans live in a home where at least one person receives financial assistance from the federal government. Back in 1983, that number was less than 30 percent.
#58 According to U.S. Census data, 57 percent of all American children live in a home that is either considered to be "poor" or "low income".
#59 For the first time ever, more than a million public school students in the United States are homeless.
#60 According to a stunning new Gallup survey, 65 percent of all Americans believe that 2013 will be a year of "economic difficulty".
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