25 Stats That Prove That The American Dream Is Being Systematically Destroyed

By Michael Snyder, on October 24th, 2013

The
25 statistics that you are about to read are solid proof that the
middle class in America is being systematically wiped out. Once upon a
time, the United States had the largest and most prosperous middle class
in the history of the world. It seemed like almost everyone owned a
home, had a couple of nice vehicles and could provide a very comfortable
lifestyle for their families. Sadly, that has all changed. In America
today, prices are rising at a very brisk pace but incomes are not.
There aren’t nearly enough jobs for everyone anymore, and most of the
jobs that are being “created” are jobs that pay very little. The
largest employer in America is Wal-Mart, and the second largest employer
is actually a temp agency (Kelly Services). In a desperate attempt to
make ends meet, millions of American families endlessly pile up more
debt, and millions of other American families find themselves forced to
turn to the government for help. At this point, more than 49 percent of
all Americans receive benefits from the federal government each month.
The percentage of Americans that cannot financially take care of
themselves is rising every single year, and our independence is being
whittled away as we become increasingly dependent on the government.
Unfortunately, our politicians continue to stand aside and do nothing as
our jobs are shipped overseas, inflation steals our purchasing power
and the middle class continues to shrink. The following are 25 stats
that prove that the American Dream is being systematically destroyed…
1. According to the most recent numbers from the U.S. Census Bureau,
49.2 percent of all Americans are receiving benefits from at least one government program.
2. The U.S. government has spent an astounding
3.7 trillion dollars on welfare programs over the past five years.
3.
An increasing number of employers are encouraging their low wage
employees to supplement their wages by going on government welfare
programs. For example, McDonald’s workers that need help making ends
meet are being instructed
to go on food stamps…
McDonald’s
workers who are unable to pay their bills or stay above the poverty
line should find help from food pantries or enlist in government benefit
programs instead of seeking higher wages, according to a company
resource line meant to help employees.
Nancy Salgado has worked
for the fast-food corporation for over 10 years yet still earns $8.25 an
hour, barely more than the $7.25 federal minimum wage. With help from
the worker’s rights group Low Pay Is Not Ok, she phoned the company’s
employee hotline, known as McResource, attempting to find some answers
on how to improve her situation.
A recording of the call was made
available to CNN, which reported that Salgado asked the helpline
operator multiple questions regarding how McDonalds would help her pay
her heating bill, buy groceries, and whether she could afford to help
pay for her sister’s medical treatment.
Despite never asking how
much money Salgado earned per hour or asking how many hours a week she
worked, the McDonalds representative said she “definitely should be able
to qualify for both food stamps and heating assistance.”
4. Total consumer credit has risen by a whopping
22 percent over the past three years.
5. Student loans are up by an astounding
61 percent over the past three years.
6. According to the U.S. Census Bureau, median household income in the United States has fallen
for five years in a row.
7. Right now the middle class is taking home
a smaller share of the overall income pie than has ever been recorded before.
8. Ordinary Americans are being priced out of the housing market. Today,
nearly half of all home purchases are all-cash deals.
9. The homeownership rate in the United States is now at the lowest level it has been
in nearly 18 years.
10. The gap between the rich and the poor in the United States is at an
all-time record high.
11. U.S. families that have a head of household that is under the age of 30 have a poverty rate
of 37 percent.
12.
Every single day, thousands of Americans are receiving letters in the
mail informing them that their old health insurance policies have been
canceled. According to a recent
Kaiser Health News article, some companies have already sent out hundreds of thousands of cancellation notices…
Read More Here
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McDonald's Tells Worker She Should Sign Up For Food Stamps
McDonald's workers struggling to get by on poverty wages should apply for food stamps and Medicaid.
That's
the advice one activist McDonald's worker received when she called the
company's "McResource Line," a service provided to McDonald's workers
who need help with issues like child and health care.
"You can ask
about things like food pantries. Are you on SNAP? SNAP is Supplemental
Nutritional Assistance [Program] -- food stamps ... You would most
likely be eligible for SNAP benefits," a McResource representative told
27-year-old Nancy Salgado, who works at a Chicago McDonald's. "Did you
try and get on Medicaid? Medicaid is a federal program. It's health
coverage for low income or no income adults -- and children."
Salgado is one of many
fast-food workers
who have walked off the job in recent months to protest the industry's
low wages, part of a nationwide movement aiming to raise pay to $15 an
hour. She has worked at McDonald's for 10 years, and earns $8.25 an hour
in her current job as a cashier. Earlier this month,
Salgado was detained after pressing McDonald's President Jeff Stratton for higher wages.
"Do
you think this is fair that I have to be making $8.25 when I've been
working at McDonald's for 10 years?" Salgado said during the
confrontation.
The audio of Salgado's call to the McResource Line
was posted Thursday on YouTube by advocacy group Low Pay Is Not OK. In
the call, the McResource representative points the worker towards
government assistance when she explains she needs help.
Read More Here
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Nancy
Salgado has been working at McDonald’s in Chicago for 10 years, and for
that whole time she has been working at Illinois’ minimum wage, now
$8.25 an hour. As a mother with two young children, that puts her below
the poverty line of $19,530.
McDonald’s says it
can’t afford to pay her and the company’s more than 700,000 other
American nonmanagement employees a wage that would lift them above the
poverty line. What McDonald’s Corp. can afford to do, though, is buy
itself a new corporate jet.
That’s right.
Bloomberg News reported
earlier this week that McDonald’s Corp. has purchased for the use of
its executives a Bombardier Challenger 605, a 12-seat plane that goes
for between $27 million and $35 million. (Fries and soft drink not
included.)
Meanwhile, Salgado and
other McDonald’s employees have been offered a “McResources” telephone
help line to call that offers them helpful advice if they are having
problems meeting their expenses on their minimum-wage McPaycheck. The
advice: Sign up for Supplemental Nutrition Assistance Program (“food
stamp”) benefits and Medicaid. This video features the exchange between
Salgado and an unidentified respondent on the McResources line.
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