Author : Mark Mullen
Publisher : CreateSpace
ISBN 13 : 9781508721246
Total Pages : 164 pages
Book Rating : 4.7/5 (212 download)
Book Synopsis America We Need a Raise by : Mark Mullen
Download or read book America We Need a Raise written by Mark Mullen and published by CreateSpace. This book was released on 2015-04-03 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: American Middle Class Not on the Road to Full Recovery Politicians, economists, and the media would like you to believe that the U.S economy is in full recovery. On the surface the numbers reported are very convincing. The unemployment rate went under 6.0 percent in 2014 while the Dow Jones Industrial Average and S&P 500 Indexes hit all-time highs in early 2015. Consumer spending for the 4th quarter of 2014 rose at its fastest rate since 2006 while the economy grew at a rate of 2.4 percent. Yet, like the dinosaur, the middle class is stuck in a tar pit and headed toward extinction. Middle class income continued to shrink while the prices of commodities and services grew. America's median household income of $51, 900 has remained unchanged for 26 years. Higher paying middle class skilled jobs have been replaced with low paying retail and service work. The number of Americans living in poverty in 2013 was 48.7 million, or 15.5%. Seventy-five percent of Americans do not have enough savings to cover six months' worth of bills. The government continues to talk about middle class struggles, even making promises to help. But 35 years of failed and harmful policies has decimated the middle class and its aspirations for a better tomorrow. All is not lost, we can fix this. In this book I offer twelve remedies, which if implemented, could vastly improve the lives of hundreds of millions of Americans and their descendants.