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Most of America is poor by industrialized nations standards

Posted on 6/18/14 at 7:43 pm
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:43 pm
The middle class in the US is poorer than the middle class in most major industrialized countries.

The majority of the middle class of Canada, western europe, australia, and japan are wealthier than the average middle class American. The US middle class ranks towards the low end of wealth at 19 when compared with other major industrialized countries.

Next time you want to chuckle at Spain or Italy and their economy, know that their average citizen is better off than our average citizen in terms of wealth.
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/18/14 at 7:45 pm to
[citation needed]
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28800 posts
Posted on 6/18/14 at 7:45 pm to
Where did we rank before... oh let's say 2009?
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
72937 posts
Posted on 6/18/14 at 7:47 pm to
We were number 1 the day before Obama took office.
Posted by WeeWee
Member since Aug 2012
40124 posts
Posted on 6/18/14 at 7:48 pm to
link or stats to back that up?

how do we rank on cost of living?

maybe that has to do with the lowest workforce participation rate in a long damn time?
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:48 pm to
Higher, but still well below average before the Bush recession.

Average Australian has about 5x the wealth of the average American btw.
This post was edited on 6/18/14 at 7:49 pm
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 6/18/14 at 7:49 pm to
quote:

Where did we rank before... oh let's say 2009?


Do any of you re-tards recall a financial crisis around 2008, one that was never truly corrected...

Some of you are severely brain damaged by partisan politics.
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 6/18/14 at 7:49 pm to
Yeah. That's bullshite. Middle class here has large homes, multiple cars, boats, and all kinds of other toys and shite. They may skimp on healthcare and other things, but that's their choice.
Posted by CollegeFBRules
Member since Oct 2008
24260 posts
Posted on 6/18/14 at 7:49 pm to
You want to cite a source?
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:50 pm to
On phone, so can't. Article is on cnnmoney.com.

Title is: American middleclass, poorer than you think.

Article points out our average wealth per citizen is due to our super wealthy, but our middle class is actually poorer than most industrialized countries.
This post was edited on 6/18/14 at 7:53 pm
Posted by Jake88
Member since Apr 2005
68183 posts
Posted on 6/18/14 at 7:51 pm to
quote:

before the Bush recession.


You can be ignored with this statement and it's ignorance or disingenuousness.
Posted by SmackoverHawg
Member since Oct 2011
27329 posts
Posted on 6/18/14 at 7:51 pm to
quote:

Average Australian has about 5x the wealth of the average American btw.

Maybe they save and don't piss it away on dumb shite. Now let's look at demographics...
Posted by dewster
Chicago
Member since Aug 2006
25342 posts
Posted on 6/18/14 at 7:52 pm to
Obama
Posted by Edearl Watson
Parts Unknown
Member since May 2012
6782 posts
Posted on 6/18/14 at 7:52 pm to
quote:

You want to cite a source?


Don't be ridiculous. He's perfectly fine slinging his bovine fecal matter.
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:54 pm to
Demographics?

Ok, most of our middle class is white.
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 6/18/14 at 7:54 pm to
Thanks, Obama
Posted by WeeWee
Member since Aug 2012
40124 posts
Posted on 6/18/14 at 7:54 pm to
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:54 pm to
You too stupid to look it up yourself?
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 6/18/14 at 7:55 pm to
That is it. Thanks.
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 6/18/14 at 7:56 pm to
The sky is green.


See how easy it is to make shite up on the internet?
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