American middle class is 27th in the world.

[Reapin]

Big Lie: America Doesn't Have #1 Richest Middle-Class in the World...We're Ranked 27th!
America is the richest country on Earth. We have the most millionaires, the most billionaires—and a increasingly poor "middle class."
June 18, 2013 |



America is the richest country on Earth. We have the most millionaires, the most billionaires and our wealthiest citizens have garnered more of the planet's riches than any other group in the world. We even have hedge fund managers who make in one hour as much as the average family makes in 21 years!

This opulence is supposed to trickle down to the rest of us, improving the lives of everyday Americans. At least that's what free-market cheerleaders repeatedly promise us.

Unfortunately, it's a lie, one of the biggest ever perpetrated on the American people.

Our middle class is falling further and further behind in comparison to the rest of the world. We keep hearing that America is number one. Well, when it comes to middle-class wealth, we're number 27.

The most telling comparative measurement is median wealth (per adult). It describes the amount of wealth accumulated by the person precisely in the middle of the wealth distribution—50 percent of the adult population has more wealth, while 50 percent has less. You can't get more middle than that.

Wealth is measured by the total sum of all our assets (homes, bank accounts, stocks, bonds etc.) minus our liabilities (outstanding loans and other debts). It the best indicator we have for individual and family prosperity. While the never-ending accumulation of wealth may be wrecking the planet, wealth also provides basic security, especially in a country like ours with such skimpy social programs. Wealth allows us to survive periods of economic turmoil. Wealth allows our children to go to college without incurring crippling debts, or to get help for the down payment on their first homes. As Billie Holiday sings, "God bless the child that's got his own."

Well, it's a sad song. As the chart below shows, there are 26 other countries with a median wealth higher than ours (and the relative reduction of U.S. median wealth has done nothing to make our economy more sustainable).

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[Barkingturtle]

Yeah, but, American penis is so big. That graph isn't adjusted for American penis.

[Reapin]

Originally Posted by Barkingturtle [You must be logged in to view images. Log in or Register.]

Yeah, but, American penis is so big. That graph isn't adjusted for American penis.

Actually with all of the Irish people here our penis is quite small.

[Barkingturtle]

I will fucking fight you.

[Reapin]

You will lose horribly

[r00t]

America greatest country on Earth, you said so yourself

Originally Posted by Reapin

We have the most millionaires, the most billionaires

[Kagatob]

Originally Posted by r00t [You must be logged in to view images. Log in or Register.]

America greatest country on Earth, you said so yourself

Your kind is exactly why nobody is going to be coming to this countries aid once a real crisis hits and why the world will only be better for it once it's population is expunged from the planet.

[r00t]

that's why we had 40 nations ready to roll son after 9/11?

[Kagatob]

That was 12 years ago you ignorant little dipshit. Do you have any idea how much more the world has come to despise the U.S. since then?

The above question is rhetorical, you're obviously blind to anything that isn't red, white, and blue or covered in a cross.

[Hailto]

Originally Posted by Kagatob [You must be logged in to view images. Log in or Register.]

That was 12 years ago you ignorant little dipshit. Do you have any idea how much more the world has come to despise the U.S. since then?

The above question is rhetorical, you're obviously blind to anything that isn't red, white, and blue or covered in a cross.

You're kidding yourself if you think people didn't love to talk shit about the US and laugh at our failures pre-911. The US has been despised for decades, interestingly enough most of the people who like to talk with their buddies over drinks about how shitty the US is still love to come here on vacation, and watch our movies and TV.