Archives for

Luke Shaefer

Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever

Michael Snyder, The Economic Collapse The percentage of Americans that own a home has fallen to the lowest level ever recorded.  During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when the U.S. Census began publishing this measurement back in 1965. 

One-Third Of All Americans Don’t Make Enough Money To Even Cover The Basic Necessities

Michael Snyder, Do you remember the days when it seemed like almost everyone in America was middle class?  Unfortunately, those days are long gone and the grinding down of the middle class in the United States appears to be accelerating.  According to a brand new study that was just released by Pew Charitable Trusts, household