Donate

Household Income Short of $68K? Welcome To the New Poverty

News

Have you been laboring under the delusion that you're still part of the tiny, rapidly vanishing Middle Class? Happy April Fools Day! A new study proves that a family of four needs $67,920 a year (pre-tax) to survive in America. And that's basic: no vacations, no fancy dinners, no wine tastings, no fun-box deliveries from Amazon or Zappos or whatever every couple of months to break up the crushing monotony of work and eventual death. You will, however, spend an average of $12,000 a year on car insurance and payments on your crappy mid-sized sedan, because we don't have much in the way of public transportation in this country. And you'll spend another $12,000 a year on child care, because we don't like to provide socialism in these parts, ha ha. Freedom isn't free, after all.


Not much left after $12,000 a year in rent and utilities, either. Don't forget to pay $9,000 in taxes on that $67,920! Who do you think you are, General Electric?

The median household income in the United States is $52,029 -- nearly $16,000 shy of what it actually costs to keep your head above water if you've got a two-income two-child household.

The DC-based nonprofit Wider Opportunities For Women has been compiling the numbers for exactly what it takes to have basic economic security in this country -- housing, food, transportation, child care if you have little kids, utilities, and a tiny contribution to savings for your old age -- and the numbers are more than triple the ridiculous official poverty levels:

A single worker with two young children needs an annual income of $57,756, or just over $27 an hour, to attain economic stability, and a family with two working parents and two young children needs to earn $67,920 a year, or about $16 an hour per worker.

That compares with the national poverty level of $22,050 for a family of four. The most recent data from the Census Bureau found that 14.3 percent of Americans were living below the poverty line in 2009.

Yes, families of four are most certainly living in abject poverty at $22,050 a year. And they're still a few paychecks away from disaster at $50,000 or $60,000 a year. Of course there are regional variations here, with big city housing costing the most and energy bills highest where the weather is extreme and the cost of living often being lower where there are, uh, no jobs or schools or anything. As for you single people, the government says anything beyond $10,830 means you're not in poverty. This new study gives a more realistic number, based on the actual cost of basic shelter and food and electricity and getting to your shitty job if you're lucky enough to have a shitty job: $30,012 a year. It almost seems like enough until you start paying for groceries and rent ....

If you're in the top 20% of income earners in this country, you're doing better with $180,000 in annual income -- but not so much better that you feel especially comfortable, and you're relatively free from the danger of being "rich." We reserve that special category for the 1% who control 70% of the wealth in this country and have household incomes above $400,000. (And because it's a day of such mirth and fun, we will not even type the household income levels for the top tenth of a percent.)

So we are now officially living in a country where more than 60% of households are not making enough money for a basic household -- the bottom three quintiles of American household income top out at $62,000. [NYT/Wider Opportunities For Women]

$
Donate with CC

While Donald Trump went to make fart noises at America's foes in the EU and shit all over our traditional enemy, the United Kingdom, it seems his administration had some tough talk for those darned Britons or English or Ukies -- they have many names! -- about the UK's oppression of religious minorities. Or at least the oppression of one guy: Tommy Robinson, the founder of the far-right anti-Muslim English Defence League, and his religious freedom to violate a court order, Reuters reports.

Keep reading... Show less
$
Donate with CC

The House Freedom Caucus is at it again, and this time they're taking aim at fellow Republican Rod Rosenstein. Politico reported Friday that Mark Meadows (R-Cackalacky) and Jim Jordan (R-Coverup) are ginning up support to impeach the deputy attorney general. See, Rosenstein is in BIG TROUBLE MISTER for refusing to turning over all the DOJ's confidential source material on the Russia investigation so that the GOP treason weasels can selectively leak it to their pals at Fox.

Rod Rosenstein does not have time for this shit -- he's busy right now indicting all those Russian military officials for hacking our election!

Keep reading... Show less
$
Donate with CC
Donate

SINGLE & MONTHLY DONATIONS

SUPPORT THE CAUSE - PAYPAL DONATION

PAYPAL RECURRING DONATIONS

©2018 by Commie Girl Industries, Inc