If you think your income is falling, you are certainly not alone. On balance, most Americans are still struggling
There is highly compelling evidence that the average American family is still in worse economic shape than in 2007. The reality on Main Street is that income is falling and the American dream is unobtainable for most people.
The average American family’s income is $40,000 lower than in 2007. From this, we can see that most Americans have not recovered from the Great Financial Meltdown.
The financial crisis is killing the American Dream of a good job and home ownership for most people, Nelson D. Schwartz writes in The New York Times. Consequently, 10 years after Wall Street imploded, Main Street is still suffering.
Income Is Falling And The American Dream Is Dying
If you think your income is falling, you are certainly not alone. On balance, most Americans are still struggling as Wall Street grows richer.
Evidence that middle-class income is falling includes:
- The average American family’s income is $40,000 lower than it was in 2007, according to a Federal Reserve estimate.
- For the average white, middle-class family, its 2016 income was 19% lower than its 2007 income.
- The average black family’s 2016 income was 40% below its 2007 level.
- With regards to the average Hispanic family, its 2016 income was 46% below its 2007 income.
- The 2016 income of the average 40-year-old woman was 37% below her 2007 income.
Significantly, these figures show that there was little or no economic recovery during the Presidency of Barack Obama (D-Illinois) for most Americans. To clarify further, the Pew Research Center made these calculations using Federal Reserve data.
Income Is Falling For A Lost Generation Through Lost Wealth Accumulation
Income is falling so fast that Americans born in the 1980s are a lost generation for wealth accumulation.
As an illustration, a person born in the 1980s will make 34% less than somebody born before 1980. The St. Louis Federal Reserve calculates that people born in the 1980s are making 18% less than those born in the 1970s.
Additionally, income for persons born after 1980 fell between 2010 and 2016. These numerous facts indicate that there is no economic recovery for those under 40.
Income Is Falling: 40% Of Americans Don’t Have $400
Four out of 10 Americans do not have $400 in cash, the Federal Reserve estimates. The Feds calculated this figure when they asked 12,000 Americans if they could cover a $400 emergency expense. Therefore, 40% of Americans are one paycheck away from economic catastrophe.
The jobs being created by economic expansion are not helping the situation either. For example, the average Amazon job pays $26,000 a year or $13 an hour as Glassdoor estimates.
While income is steadily falling for middle-class Americans, those in higher financial stratospheres have not felt the same fiscal impact as of yet. In fact, Amazon CEO Jeff Bezos is worth $163.2 billion.
Bezos currently holds the title of the world’s richest man. Money estimates that Bezos earns the equivalent of the average Amazon employee’s annual salary every 10 seconds.
Income Is Falling And You Should Be Scared
History teaches that revolution occurs when income is falling for average people and rising for the rich.
For instance, the French Revolution broke out because nobles’ incomes were rising while peasants (most of the population) were starving. As a result, income inequality sparked the French Revolution. Bezos’ income, in particular, demonstrates that income inequality is growing in America.
Freedom is always in jeopardy when income is falling for average people. For instance, the American Communist Party reportedly attracted one million members during the Great Depression of the 1930s.
Income Is Falling And Your Freedom Is Threatened
Fidel Castro is just one of many tyrants who have used social unrest created by income inequality to seize power. In particular, an economy that only benefited rich Cubans helped Castro take over Cuba.
Unless income rises for all Americans soon, the United States will see a wave of political extremism, racial violence, racism, class warfare, and civil unrest. For example, strikes, rioting, interracial violence, and violent crime increased during the depressions of the 1870s, 1890s, and 1930s.
Americans should prepare for violence and threats to freedom because income is falling continually.
You may also enjoy reading an additional Off The Grid News article: Here’s How A Fast-Spreading Currency Crisis Could Wipe Out Your Money
Do you have any other thoughts on why the average American’s income is falling? Let us know in the comments below.
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NYC Adds Nearly 4,000 People Who Never Tested Positive To Coronavirus Death Tolls
New York City added nearly 4,000 people who never tested positive for the coronavirus to its death toll Tuesday, bringing coronavirus-related deaths in the city to around 10,000 people.
The city decided to add 3,700 people to its death tolls, who they “presumed” to have died from the virus, according to a report from The New York Times. The additions increased the death toll in the U.S. by 17%, according to the Times report, and included people who were suffering from symptoms of the virus, such as intense coughing and a fever.
The report stated that Democratic New York City Mayor Bill de Blasio decided over the weekend to change the way the city is counting deaths.
“In the heat of battle, our primary focus has been on saving lives,” de Blasio press secretary Freddi Goldstein told the Times.“As soon as the issue was raised, the mayor immediately moved to release the data.”
The Ultimate Energizer Review – Does It Really Work?
If you’re looking for a review of the ultimate energizer guide then you have come to the right spot because in this exclusive article we’re going to blow the lid off the ultimate energizer once and for all and reveal weather it is the real deal or not.
This brings us to the review of the ultimate energizer guide. This is a program that provides users with classified information on how to build a free energy generator. But can the program really make you achieve this?
does it work? will it be worth your investment, time and energy? all these questions and more are what this review on the ultimate energizer program seeks to help you find answers to.
The ultimate energizer review – is it worth it?
About The Ultimate Energizer guide
The ultimate energizer is your ultimate guide to building your own alternative and portable energy source to power up any of your household appliances including refrigerators and aircon units. It is a very affordable way to having an emergency generator that can help you save more than 50% from your electricity bills without spending too much on other alternative energy source like solar panels or wind turbines which is costly and will also need a lot of space.
The ultimate energizer causes you to be calm about the electricity bill. This well ordered guide shows you how to manufacture this claim “home energy gadget” today impeccably. This will dispose of your energy charge ensured.
It is lost to the earth which means we need to really take care of it in order to reduce the cost of energy bills which introduces the ultimate energizer guide.
About The Ultimate Energizer Creator
The creator of the complete the ultimate energizer guide is steven perkins. He found the journal of the founder of this technology in his home when his father shifted near quebec city in canada.
In this post, we will review the ultimate energizer whose creator claimed to offer a way through which you can generate non-stop current. According to the author, you can drop down your electricity bills by 80%.
Of course the ultimate energizer owners provide resources. But the truth is that you are a master creator. All of them have that talent in us. The only difference is the extent to which it is hidden in each of us.
Features of The Ultimate Energizer
The features of the ultimate energizer guide are as follows:-. This program guide will help you to design a the ultimate energizer generator which will follow the rules of linear induction motor which is built around a track that is orbicular to maintain the smooth motion of rotors that are transportable.
You can find here, a extensive review which highlights all the important features and performance criteria of the ultimate energizer. Use of the the ultimate energizer is very easy since all of the functions can be accessed in a short time; you have complete control over it. 100% money back guarantee shows that the ultimate energizer really works. The ultimate energizer gives full customer support for 7/24/365, also, features, credibility and the ultimate energizer’s ease of use are favorably satisfied by the buyers.
Use it on any electrical appliances from small clocks to big plasma tv screens, refrigerators, and air conditioners. Power the cabins while hiking to the mountains or camping. Other essential features of this complete the ultimate energizer are that it is easy to assemble and does not require a technical background to master engineering.
Pros and Cons of The Ultimate Energizer
I’ve created this honest ultimate energizer review to help you make a well-informed decision. I’ve tested it myself and now i’m going to share with you all the key aspects you may be interested in: how does it work? is it really so powerful and effective? what are its pros and cons?.
It is non-polluting. It remains popular the ultimate energizer guide pros & cons because it is both a renewable and clean source of energy. Harnessing solar energy is more than a fine idea it’s currently a reality in thousands of homes in a lot of nations around the world.
On the review of the ultimate energizer guide, we will be looking into what exactly the program is all about, the details of the energy generator program, the benefits, pros & cons and our conclusion on the program.
Does The Ultimate Energizer really work?
The device is usable during emergencies. It works without fuels and therefore there are no expected fumes. It is weather proof. Cons of the ultimate energizer. You can only download the program from the official website.
But the ultimate energizer reviews that are available from real users online on platforms like google and youtube seem to confirm that the device does indeed work. So, as per my ultimate energizer review answer to the question is the ultimate energizer legit? is definitely yes.
The ultimate energizer guide. The ultimate energizer is said to work for your home and cut electricity by 82%, guaranteed by tomorrow. The ultimate energizer reviews. It can boost any type of electricity by as much as 5 times.
Advantages of The Ultimate Energizer Program
The program can benefit you in many ways. Below we are listing the advantages of using the ultimate energizer program for generating electricity:. This device will help you save up to 60%-70%, without investing money in solar panels which can cost you a lot of money.
There are additional the ultimate energizer guide program advantages too, including advantages at tax time, so do your homework on what you might have for being a solar power pioneer contributed back.
Why The Ultimate Energizer is Useful?
The ultimate energizer is a complete guide and blueprint. With it, you get everything you need to know to build your own free energy generator. This generator can be completed for less than $50 if you have some tools already. But i remember reading another review of the ultimate energizer, and the guy said he took days. Maybe he was crafty. Then, you assemble it and get it to work.
You will be guided step by step, that anybody who can read can build it. You do not need prior building experience or massive strength; it is that easy. Building the ultimate energizer takes under 4 hours if you are slow and definitely a lot less when you have help.
The ultimate energizer has already changed the lives of over 30,000 families who chose to power their homes using this eco-friendly device. This is definitely a good investment that is worth your time and money and if you think it isn’t after trying it out, you can request for a refund.
Is The Ultimate Energizer a Scam?
The ultimate energizer guide really show you how to power your house and save tremendously, or is this just another overhyped scam? this system was created after its owner decided he wanted to have a home power generating system in case of any crises or disasters.
The ultimate energizer pdf. It does not need any conventional electric power. The ultimate energizer scam. In this program, you can also build more generator and sell for profit. This product can also be incorporated into the automobile to power an electric motor.
All you need is an open mind and a desire to try new things to get a life in the field of freedom of energy. So, what are you waiting for? it’s time to say goodbye to major energy companies and start using the ultimate energizer guide today.
Watch this video demonstration of the ultimate energizer guide put into action
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