New Report Indicates Middle Class Incomes Drop Significantly

Economy 3

Donald Trump has skyrocketed to the top by appealing to middle class voters, and a new report just released late Wednesday verifies the truth of Trump’s message and why it has resonated with Americans.

New Report:  Middle class incomes almost $5,000 less than in 1999.

The report from the Pew Research Center says the American middle class is losing ground in metropolitan areas across the country, shrinking on a national level to where it may no longer be the economic majority in the US.

The areas hit the hardest – the cities hit by manufacturing and industrial job losses.  For example, Springfield, Ohio saw incomes fall 27 percent, while Detroit and Dearborn, Michigan areas dropped 18 percent in incomes.

One central theme in Donald Trump’s campaign has been about all the American jobs that have gone to China, Mexico and Japan.   Examples given throughout the report point to loss in manufacturing jobs, resulting in an overall decline of almost $5,000 annual income to the middle class.

Today the biggest employers in Springfield, Ohio include call centers – not industry.   The mayor said, “We have created as many jobs as we lost, but many of the jobs replacement those are ones that pay less.”







 

Comment via Facebook

 

Comment via Disqus


screen-shot-2016-12-10-at-11-02-32-am
DML Walk & Talk 12/10
asc
DML Walk & Talk 12/9
screen-shot-2016-12-08-at-6-22-00-pm
Changes to Walk & Talk
LIVE-Dennis-Michael-Lynch-DML-Walk-Talk-12716
DML Walk & Talk 12/8

Send this to friend