Tuesday, July 27, 2010

5 Statistics That Prove America's Middle Class Is Being Systematically Wiped Out Of Existence

 1. 61% of Americans "always or usually" live paycheck to paycheck, which was up from 49% in 2008 and 43% in 2007.

2. 83% of all U.S. stocks are in the hands of 1% of the people.

3. 36% of Americans say that they don't contribute anything to retirement savings.

4. A staggering 43% of Americans have less than $10,000 saved up for retirement.

5. Only the top 5% of U.S. households have earned enough additional income to match the rise in housing costs since 1975.



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