The top 1 percent of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago.
In America today, the average time needed to find a job has risen to a record 35.2 weeks.
In America today, the average time needed to find a job has risen to a record 35.2 weeks.
clipped from finance.yahoo.com The 22 statistics detailed here 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. 61 percent of Americans "always or usually" live paycheck to paycheck, 83 percent of all U.S. stocks are in the hands of 1 percent of the people 66 percent 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 percent of American workers say that they have postponed their planned retirement age in the past year |