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America's middle class: Poorer than you think
Started:August 22nd, 2014 (04:46 AM) by Cloudy Views / Replies:95 / 1
Last Reply:August 22nd, 2014 (05:14 AM) Attachments:0

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Old August 22nd, 2014, 05:14 AM   #2 (permalink)
Market Wizard
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Two interesting messages - thanks - here some combination of both:

1) "The federal government paid $2,007,358,200,000 in benefits and entitlements in fiscal year 2013 from government programs, according to data from the Bureau of the Fiscal Service’s Monthly Treasury Statement."
which means $6'300 per US head and year

2) "Americans' median wealth is a mere $44,900 per adult"

Example: a family with 2 adults and 3 children got from the US government program in 2013 a total of $31'500 but the "wealth per adult" totals for the family only $89'700.


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