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CentralMass

(15,265 posts)
Thu Feb 27, 2020, 09:40 PM Feb 2020

The typical US worker can no longer afford a family on a year's salary, showing the dire state of Am

https://www.businessinsider.com/america-middle-class-living-expenses-family-of-four-2020-2
"
The typical US male worker needs more than one year's salary to afford the typical costs of a family of four, according to a new report by the Manhattan Institute.

In 1985, it took him 30 weeks' pay to afford $13,227 in expenditures, versus 53 weeks' pay to afford $54,441 in 2018.

It's evidence of the dire state of the American middle class, which is struggling as living costs outpace wage increases."
"
The American economy may be booming, but its middle class is struggling.

The median male US worker now has to earn more than a year's salary to afford the annual expenses for a family of four, according to "The Cost of Thriving Index" published by the Manhattan Institute, a conservative think tank, and previously reported by The Washington Post. "



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The typical US worker can no longer afford a family on a year's salary, showing the dire state of Am (Original Post) CentralMass Feb 2020 OP
The economy is the best ever! Strongest job numbers in American history! Initech Feb 2020 #1
More winning Luciferous Feb 2020 #2
Welcome to the lives of poor people. Doreen Feb 2020 #3
The best route for those men is to not father children. roamer65 Feb 2020 #4
Right shanti Feb 2020 #5

Doreen

(11,686 posts)
3. Welcome to the lives of poor people.
Thu Feb 27, 2020, 11:47 PM
Feb 2020

Poor people have been where the middle class is quickly heading for a long time.

If the middle class had paid more attention to what was being done or taken from the poor and did something about it they would have recognized the signs that it could happen to them and maybe they would have been able to better stop themselves from going down to poor person level.

If you do not protect others there will be no one to protect you.

roamer65

(36,739 posts)
4. The best route for those men is to not father children.
Fri Feb 28, 2020, 12:09 AM
Feb 2020

It will be better for the planet and their financial situation.

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