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Edited by Britton: 10/22/2015 1:42:35 PM
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70% of all working Americans make 50k or less

https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2014 • 70% of all working Americans make 50k or less • 50% of all working Americans make less than 30k • 30% make under 15k The numbers above are only for those that are actually working.  There are 7.9 million working age Americans that are “officially unemployed” right now and another 94.7 million working age Americans that are considered to be “not in the labor force” aka, disabled, retired, homemakers, etc.  When you add those two numbers together, you get a grand total of 102.6 million working age Americans that do not have a job right now. At what point to do we realize that the American job market has been simply gutted? If you can believe it, about a quarter of the country actually has a [u]negative[/u] net worth right now. What that means is that if you have no debt and you also have ten dollars in your pocket that gives you a greater net worth than about 25 percent of the entire country.  So what's causing this? Trade deals, like NAFTA, and the newly proposed TPP, that allow our jobs to be outsourced as soon as it is profitable to do so with no repercussions, and increased automation of processes, have all greatly contributed to good paying jobs being lost. Why should you care? Because this is the economic climate you either already are or will be working in, and unless you're informed of the situation, you won't be able to make informed decisions about who can and will actually try to fix it and restore our middle class.

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  • Do you know what's ACTUALLY causing it? The census has recorded that around a third of Americans have college education. A third. Thats the problem.

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    • This is why free market capitalism has failed. Mass poverty and inequality for the proletariat and even the bourgeois in some cases.

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      • Your stats add up to 150%...

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        • I don't need to worry about the future.... Welfare's got my back

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        • Strong job report in October at least.

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          • Git gud

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            • Edited by dead mans: 10/22/2015 11:43:14 PM
              I make 11k a year working part time. I got a 100k a year job offer i had to turn down because it involved traveling to job sites for up to 6 months at a time. i have a son so i couldnt do that. Both jobs are american companies but my part time job is actually a government funded non-profit. Oh and if you wana blame trade agreements look up the norther pass project. It promises to create tons of jobs in america and Canada but the jobless hillbillies up here are cock blocking them because its gonna ruin their view of the trees and somehow take away the jobs they dont have Edit: id also like to point out my friends who bitch about not being able to make money never went to college or dropped out and spend all their spare cash on pot. If you smoke $5k a year dont expect to have any more left for a car kids.

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              • Thanks Obama!

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              • Actually, Time magazine, in March, reported that February had been the 12th consecutive month to add a significant portion of jobs to the economy, with Feb having 295,000 (I will source this soon...give me a bit). As for your statements, here we go again with unsubstantial evidence and, in this case, misleading conclusions. "Working age" can mean a myriad of things, anything from the 16 year old who doesn't have the time (me) to the 80 year old who should be retired. Furthermore, there is a large group that doesn't want to work. Most prominent example? The stay at home parent caring for children. Lifespans are the longest ever now, so we can reasonably assume that there is a large retiree base, a factor that fluctuates when a generation dies off. Those who are literally unable to work. I will edit in stuff about the wage issue and the Time article later.

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                • Edited by BlaqSpiral: 10/23/2015 3:44:57 PM
                  The average standard of living in the US(2008) was around $48k for a family (of 4). It's good to know that such a huge portion of our country exceeds that. :)

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                  • Britton should be a mentor or ninja -King Edge

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                  • I wonder who you're voting for.

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                  • 100% of people who've been born have died. #banbirth

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                    • Relevant

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                      • Edited by dtrain (Timelost): 10/24/2015 1:06:06 PM
                        Do you understand that in order for huge engineering firms that make large amounts of money to exist, we have to have people making piss cash in a shit-paying electronics manufacturing warehouse? The rich/middle class can [b]not[/b] exist without the poor.

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                          You're attributing the lack of jobs to to few factors. It's not just trade deals and outsourcing that are the problem.

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                          • They should stop buying guns

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                            • Edited by moist nana: 10/25/2015 10:15:10 AM
                              Actualy 50% make 27k or less a year, it's because America don't keep up to date with inflation or national income, it's freekin obsurd. Because i've witnessed it first hand, i'd tell any American there wages are bad, which they'll counteract with: but on AVERAGE the US wages are good! well... yea on AVERAGE they are, because there's are alot of extremely rich people and companys in the US. The US doesn't focus on well-being, it focus's on paying people as little as possible (1970's wages infact) and if people don't complain why change it? But Americas cheaper to live right? Well no not realy, the stuff manufactured at home by the dirt poor workers might be cheaper, clothes, cars etc. But the stuff that competes globaly, you'll find is around the same price if not more expensive in the US, fuel, food, property etc. Well i'm all for higher education = more pay! The fact you havto pay for nearly all education, is an American thing, the government SHOULD subsidies skills needed. Anyway even after completing higher education your still looking at low wages, you think 40kUSD a year is GOOD money? I'll do the math so you guys can see for yourself. OK so your a 15 year old, you hate school, you quit, you go get a job at Mc'ds or in a Factory, in any country that keeps up with inflation, you'd be earning about $750usd a week for unqaulified work! Youd be spending about $70usd for food per week and spending less than a doller per gallon for fuel. You save up, you can finally afford a realy nice house!! You'll spend less than $300usd per week for your mortgage. Now that's shit but comfortable living, you can easily raise a family on that, and that's how it should be. PAYING money to be upskilled, well I wouldn't do it for anything less than being guaranteed 80k per year USD. But people do... gives them a chance to get outof the shit-hole economy that they live in, it's just the norm for them and there happy about it, why? I genuinely don't know

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                              • Bump to the max Nice to find another person who cares and spreads awareness! Also 15k a year is [b][i][u]POVERTY[/u][/i][/b] So yea 30% of the work force lives in [b][i][u]POVERTY[/u][/i][/b] and then there are all those with no jobs on top of that.

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                              • Ever think about living your own life? Worth a shot.

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                              • Jobs that require more education pay out more than ones that don't.

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                                • Not surprised

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                                • Is making above 50k a year necessary to be happy?

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                                  • Ever think you're wasting your limited time by trying to solve the problems of the people who came before you? I miss being ignorant.

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                                  • Do these numbers included everyone working or are some things left out; like people working part time when they are still in education?

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                                  • And all the jobs that came back after the recession are garbage. You have a large part of the baby boomer population not retiring and keeping the good jobs locked up. This is due to people's savings being wiped out during the recession, yet the big businesses get bailed out. Something is wrong here.

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