Many in U.S. Slip from Middle Class, Study Finds

Michael A. Fletcher, Washington Post, September 6, 2011

Nearly one in three Americans who grew up middle-class has slipped down the income ladder as an adult, according to a new report by the Pew Charitable Trusts.

Downward mobility is most common among middle-class people who are divorced or separated from their spouses, did not attend college, scored poorly on standardized tests, or used hard drugs, the report says.

{snip}

Overall, African American men have a particularly hard time clinging to middle-class status. Thirty-eight percent of black men who grew up middle-class are downwardly mobile, nearly double the rate of white men, the report says. Hispanic men are slightly more likely than white males to fall down the economic ladder, but the difference was not statistically significant.

{snip}

The racial gap in mobility has perplexed researchers at Pew since a 2007 report that said nearly half of African Americans born to middle-income parents in the late 1960s plunged into poverty or near-poverty as adults. That report underscored the feeble grip many African Americans had on middle-class life, prompting researchers to probe deeper, said Erin Currier, project manager of Pew’s Economic Mobility Project.

The new report called the performance of blacks on a key standardized test a factor that accounts for virtually the entire mobility gap separating the races. Black males scored much lower than white males on the Armed Forces Qualification Test, which measures reading comprehension, vocabulary and math ability.

“Taking into account differences in AFQT scores between middle-class white and black men reduces the gap until it is statistically indistinguishable from zero,” the report said.

{snip}

Topics:

Share This

We welcome comments that add information or perspective, and we encourage polite debate. If you log in with a social media account, your comment should appear immediately. If you prefer to remain anonymous, you may comment as a guest, using a name and an e-mail address of convenience. Your comment will be moderated.
  • Anonymous

    These are pressing times some even claim the worst since the Great Depression, but as the old adage goes.

    You can lead a horse to water……

    You can only hold someone else up for so long…….

    With regards to the welfare state. If everyone is on the payroll who pays the payroll????

  • Anonymous

    “stupid is as stupid does” Please tell me again how it’s the White mans fault that blacks are more ignorant? Education is free, however you can lead a horse to water, but you can’t make him drink. As long as we keep giving to the blacks and mexicans and they do not have to work for it, the gaps will never change.

  • Question Diversity

    At the most recent Republican debate, one of the moderators asked about the black-white wealth gap, and what they would do about it. The good news is that politicians don’t directly answer most questions they are asked in a debate format, so none of them, including the intended first recipient, Rickroller Perry, answered. The bad news is that even if they would have answered, none of them would have given the proper answer, that the wealth difference between blacks and whites (as well as the wealth difference between blacks and Hispanics, and between blacks and Asians), are almost entirely due to blacks’ gratuitous spending and the refusal to save money or engage in microeconomic actions which result in saved wealth. The next proper response would be political, that since Republicans get zero black votes for all intents and purposes, even if the economics were not the responsibility of blacks themselves, the politics are not the responsibility of the Republican Party and its elected office holders.

    As for this subject matter, I think it’s a combination of racial reality and the constant outsourcing of working middle class jobs, both white and blue collar, plus the H-xB and J-x reverse outsourcing of the same jobs, since those visa programs came into existence in 1990. Notwithstanding the previous blue collar outsourcing of the many years before then.

  • HH

    Most of us know, the much-vaunted Black midde-class has been mostly an illusion all along. Most were employed in government Affirmative-Action or ‘make-work’ jobs, or by the so-called civil-rights industry, or in identity-politic corporate/academic positions such as ‘Diversity Czar” or some similar nonsense. Such a proverbial house built on sand was destined to collapse sooner or later. And the more difficult times get financially, the more hollow all this “diversity” clap-trap tends to ring – and the more impossible it is to justify jobs that aren’t necessary, positions that are redundant, or the like.

    On television, it appears Blacks are employed all in all the best careers, holding all the best jobs, and enjoying a level of success many Whites would indeed be envious of. The reality, however, despite even the massive government schemimg to prop-up Blacks at every turn, tells a different story.

    In short, this was bound to happen. Fraud has way of naturally exposing itself over time.

  • BO_Bill

    In the days before a large central government, blacks exchanged physical labor for food, shelter, and a basic education, all provided by the person who benefited from their work. Under our current form of government, blacks are granted the same basic benefits from the government, without having to work.

    Blacks who play along with the system are well paid. A black SAT score of 980 corresponds with an annual family income of >$200,000 while a white SAT score of 980 corresponds with an annual family income of between $20,000 and $40,000.

    http://goo.gl/KEbVD

    None of this is real. As the Laws of Economics set in, Black Privilege will end and payments to blacks will more closely reflect their contributions to society. Which might take some getting used to for a racial community that has already declared war on the American taxpayer.

  • NoRepubs

    I wish that the average, working class white person would realize once and for all that the republican party is not your friend. Oh sure, they like your vote and will try to obtain it by promoting wedge issues. But when it all comes down to it, they are a party of the rich and privileged, by the rich and privileged, and for the rich and privileged.

    Most working class whites will never attain top 2% status, so why continue to do the bidding for your corporate masters?

  • Anonymous

    One of the things I ponder when I read articles like this is if those that write them are aware of how very different blacks are from us or if they truly think we are the same, making observations like this a mystery.

    You cannot understand this article unless you know that blacks have no intention, desire or interest whatsoever in our society. They do not view themselves as americans. They do not view themselves as any way connected to whites, except parasitically or as enemies to loot and plunder.

    A black man with a PhD has no more status than a crackhead. If the crackhead has a gold chain, he has far greater status than the PhD. If a black man works all day and earns a $100,000 a year income, his status is far lower than one who does not work and gets $30,000 a year scamming the system.

    Of course there is no black middle class. There never was and never was the possibility of a middle class. Such things are just another scam. A black person doesn’t want a “job”. What they want is a way to put one over on white people. That’s one of the primary reasons they are unemployable and the main reason they refuse to do any work whatsoever after an AA hire.

    Well, the federal government has been mismanaged to the point where it can’t support AA hires anymore and welfare is in danger of collapsing.

    What will blacks do? The absolute minimum to get by. Same as they have in the US for hundreds of years. Same as they do in africa and have done for thousands of years.

  • Anonymous

    It is called trickle up poverty. To think of it any other way is plain foolish. Forget the racial comparisons, but the elephants and donkeys dont care who you are. One thing they agree upon is, the middle class must go permanetly!

  • sbuffalonative

    While I firmly believe there are unbridgeable difference between races and that blacks are, in many cases, their own worst enemies by the choices they make, I don’t see how articles like this are of interest to AR readers.

    This current economic downturn was caused by multiple issues but most everyone is suffering.

    The white middle class is slipping as is the black middle class. Do we blame blacks for their condition but not whites when both are victims of forces beyond their control?

    While I can see the problems this is going to cause blacks which whites will likely be asked to pay for and rectify, all of us are victims of a deeply flawed economic model.

  • ghw

    As the Laws of Economics set in, Black Privilege will end and payments to blacks will more closely reflect their contributions to society. Which might take some getting used to for a racial community that has already declared war on the American taxpayer. — BO Bill

    ……………………

    Not necessarily so. People have NEVER been paid according to their contributions to society. Otherwise, why do gangsters, junk bond dealers, drug lords, comedians, models make millions more than nurses and school teachers?

    Conpensation has always been according to clout, connections, politics, etc.– not according to social worth.

    What makes you think the system is fair? That’s naive!

  • white advocate – Canada

    If I understand Rushton’s theory correctly, fertility loss will be greater for whites than blacks.

  • Anonymous

    I have two observations, and I’d most appreciate comments:

    1) I am not concerned with the loss of black middle calss status , but the abolition of the middle class, en masse…shouldn’t this author care as much?

    2) WHAT IS MIDDLE CLASS? I contend it is a mindset. Not one’s earnings. I was raised by millionaires. I did not have a clue my parents were rich. Very solidly comfortable, yes. (I was floored to ask my mom some years ago, how much the family was worth at the height of their business careers as entrepreneurs) .

    But they worked HARD. and SMART. Us kids were raised very well, wanted for nothing, but also I worked in family and outside businesses from the age of thirteen onward. While playing four sports a year. My parents let me spend an enormous time on sports and having fun, but expected that I work and contribute. I had to work very late on weekends in the family biz…to 2 Am often… but that was just fine. I never felt deprived or overworked.

    When I moved out, at the age of seventeen, I was, monetarily speaking, DIRT POOR. Yeah, mom and dad helped me plenty here and there. But there was no trust fund.

    I was cash poor, but NEVER felt poor. (And now I know what Ronald Reagan meant in his speech about the depression). My parents were teenagers during that one…

    Point is, how did I spend my late adolescence, college days and even my early thirties really without ANY assets, yet KNOW I was not poor? Why did I carry the mindset that I was upper middle class, even if I had no savings, and drove beat up cars?

    Anybody among us have the same observations?

    Pleas, chime in!

  • Valkyrie

    This is simple regression to the mean.

    A couple of intelligent blacks may well become middle class but their children are likely to have IQs more in line with the black average, that would be c:85 in North America.

    It’s a well known statistical phenomenon.

    Even an IQ of 90 is unlikely to qualify an individual to do anything less than lower middle class dead-end clerical stuff… many blacks are likely to drop from the middle classes simply because they are not as bright as their parents (who themselves were probably only borderline bright enough and benefited from affirmative action etc)

    You don’t need to give other races any special privileges… only a level playing field is needed for blacks to fail miserably.

    It must be torture for blacks. Some of the more intelligent among them such as Elizabeth Wright having the knowledge that they can never catch up.

    Even if blacks got more intelligent, so would every one else… they would always be behind.

  • Anonymous

    “The bad news is that even if they would have answered, none of them would have given the proper answer, that the wealth difference between blacks and whites (as well as the wealth difference between blacks and Hispanics, and between blacks and Asians), are almost entirely due to blacks’ gratuitous spending and the refusal to save money or engage in microeconomic actions which result in saved wealth.”

    The obvious answer, actually, is age. The white population has far fewer children, and is thus older than the black population, and older people have more money because they have worked and saved longer. Plus, children cost money.

    Account for age and purchasing power, and most differences go away. Contrary to the myth, whites are lousy at investing; black hustlas were saying to rent instead of own, ignore the overpriced Marxist universities in favor of skilled labor, and buy gold, years before the markets reacted. The bling bling is used as underground currency to avoid paying taxes. Blacks know how to game a system intuitively much better than whites, and probably more than anyone else.

    Some of the best investment advice on the street comes from hip hop boards; avoid stock market oriented sites at all costs. What a strange world we live in…

  • olewhitelady

    There is a large segment of the American black population that simply does not buy into mainstream values. These people will take whatever handouts the white man provides, but they’re not willing to work for them unless forced to do so. It’s just like the old plantation system.

    Many blacks, on receiving college scholarships, lack even the gumption to attend class. Many thus never make it past a first year term. Some, like a remarkable number of athletes, appear to purposely sabotage their situations by openly committing crimes. Recently, in a small WV city of 50,000, a black football player walked around holding up people on the streets. Naturally, he was recognized and was picked up later on campus. This goes on all over the country, of course.

  • Cousin Charlie from TN

    “Middle Class”–what does that mean in today’s world?

    Ownership & monthly fees to feature-bloated gizmos?

    Brand-new bloated “car”?

    Full cable?

    Owned (mortgaged) home?

    “Secure” job? That pays for your “insurance”?

    Etc.

    Hey, this is the plight of most whites today–we don’t have and can’t afford all this stuff. Get real, Amreners. This issue is not about “blacks” whatsoever.

  • Canton Mr.

    I am Swiss by birth, Swiss and British by rearing, and the turmoil that your country has suffered because of the issues addressed herein has largely overlooked Maloja (thank God). But I have been travelling back and forth on business to the United States for over 45 years, and I have become very sensitive to the emotional undercurrents of your nation. What I have seen in this country in the past two years is something that I have not encountered in the previous four decades. Perhaps it is due to the destruction of the American middle class these last several years, as I have read here, but there is an outrage in the white population that is terrifying to behold, and it is becoming stronger with each passing month. My Texas friends tell me that they have been raped by the callous wealthy like your President Bush who enriched his own circle at your country’s expense. They tell me that they have been strangled by 50 years of liberal civil rights legislation that championed black skin over skill, integrity, and international competitiveness. They say that they are weary of paying for a party they were never invited to attend. They are contemptuous and disbelieving toward the media, furious with Republican and Democratic politicians alike, disgusted with colossal numbers of minorities draining the lifeblood out of their economy, and increasingly resistant to being forced at government gunpoint to dig America’s grave. The white RESENTMENT that I sense in this nation is very palpable. And the desire for revenge seems to be growing. I must say that I feel quite the same emotions emanating from the British middle-class, which I know somewhat better. The difference is that the British seem bitterly resigned to the death of their country while the Americans are like people waking up from a 50 year nightmare – ferociously angry and thirsty for a day of reckoning. I also sense the desperation of your media, who are surely aware of all this and must feel the trepidation of those who caused and promoted your nation’s degeneration. They are like the Nazi collaborators of France who were desperate to escape the retribution that came upon them in the end. Above all, I sense a dramatic change of tide in the United States, though I don’t know how far it will carry you – whether you will be able to restore your nation’s former glory, or whether, like the English, you will go down to third world status in sullen and silent defeat. My prayers are with all of you who are fighters. Whether it be open warfare or secret acts of sabotage, you are clearly engaged in a tremendous battle for the future of your nation, and many, many outsiders (like myself) have our eyes upon you and our prayers are with you.

    Gott segne dich!

  • AvgDude

    This statistic perfectly correlates to the fact that black men are half as likely to have the education and skills necessary to maintain middle class standing in a competitive job market, and that their lack of education and skills is typically due to their personal choices in life or their growing up in an area run by black democrats who treat municipal funds like their personal cash machine and turn the schools in the communist indoctrination centers and warehouses for underage psychopaths in an effort to score more federal funds from democrat run congresses, administrations, and bureaucracies.

  • margaret

    4 — HH wrote at 6:52 PM on September 9:

    Most of us know, the much-vaunted Black midde-class has been mostly an illusion all along. Most were employed in government Affirmative-Action or ‘make-work’ jobs, or by the so-called civil-rights industry, or in identity-politic corporate/academic positions such as ‘Diversity Czar” or some similar nonsense.

    HH is so right.

    National Review has published statistics showing that 90 percent or more of middle class blacks work for goverment or quasi goverment employeers. But in the last 20 years hispanics, asians, pacific islanders etc have replaced blacks in those jobs.

    It is a good thing for Whites who have to deal with goverment employees. It is wonderful that the incompetent surly do nothing blacks have been replaced by other non Whites who can actually do the work.

    The standardized test excuse is nonsense. The dictaorial judiciary abolished standardized tests except in the military

    40 years ago.

    The truth about affirmative action is that black women are hired instead of black men. “Women and minorities encouraged to apply” means only minority women will be hired.

    Just as blacks and their enablers, ACLU, ADL, AJC, SPLC drove Whites out of goverment, education and medical care, so have more functional non Whites driven blacks out of those make work jobs.

    Karma.

  • black accuser

    blacks rioting and looting

    http://goo.gl/qeJ0V

  • Anonymous

    15 — olewhitelady wrote at 7:42 AM on September 10:

    “Many blacks, on receiving college scholarships, lack even the gumption to attend class”

    Every college and university in the huge California State system has “academic support” jobs on campus. These are students, who have the job of seeing to it that the athletes attend class. their job is to get them up in the morning, escort them to class and track them down when the ditch class.

    They also tutor the blacks, write their term papers etc. But most of their time is spent making sure the athletes attend the minimum number of classes to get credit so they can continue playing.

  • Jeddermann.

    “I have been travelling back and forth on business to the United States for over 45 years, and I have become very sensitive to the emotional undercurrents of your nation. What I have seen in this country in the past two years is something that I have not encountered in the previous four decades.”

    This is correct that the trickle up poverty is a phenomenon that has occurred for at least my whole adult life, forty years and more now. Lots of instances of economic “difficulties” as not seen in many decades and even way beyond that. 1973 and the first time that the value of money changed in over four hundred years. And now 2008 and the first time we have a recession [depression] caused by financial turmoil AND NOT merely manufacturing warehouse excess.

    Too we have reached a bursting point and way beyond that with the federal government and state governments not being able to pay their bills and not being able to do so for a long time, with no recourse or new ideas to solve problems.

    And the welfare state not only exists but is now so ingrained in the minds of the public that there seems to be no going back on that either.

    Resentment is very strong indeed. And NO leader can come to the forefront and LEAD in a manner that seems to suggest there is a solution or solutions. Rather the media descends on any individual that does not fit the accepted mode and nitpicks about the grades someone got in grammar school or their sex life as a teen, etc.

    Those types of jobs too that provided a sustenance and a decent way of live, manufacturing and producing wealth for the society at large seems to have gone like the dodo and never coming back. And this has been again, occurring for DECADES and no let.

    Take it from there.

  • Question Diversity

    14:

    You’re right, age makes a difference. The problem is, I still think if you control for age and lifetime income, white wealth will still be greater than black wealth, significantly greater. There might be some empirical evidence out there to back that up.

    Also, that still doesn’t make a difference in my political calculation. It’s not the fault of Republican Presidential candidates that whites tend to be older than blacks.

    Even if there was some political explanation to the wealth gap, I would have told Brian Williams and John Harris: Black voters already have a political party to whom they give almost all their votes, and they even got a black President. Let them take their wealth gap complaining to them.

  • Anonymous

    http://goo.gl/dD8WZ

    i am including this link from a black site, because Brazil is what we don’t want to happen here. They were stuck with a lot of black slaves, so they made race-mixing the national goal, so now almost everyone is part African.

  • olewhitelady

    #12 Anonymous:

    I’ll chime in on this one. To me, class is much more of a social phenomenon than an economic one. If one is raised with good breeding, he will always be marked by that. If he is ill-bred, he’ll never get completely beyond it. When statisticians speak of economic strata, they need to use some other word than “class”.

  • The Bobster

    It is a good thing for Whites who have to deal with goverment employees. It is wonderful that the incompetent surly do nothing blacks have been replaced by other non Whites who can actually do the work.

    _________

    A good thing that we are being displaced by even more minorities? I don’t think so.

    Evidently you’ve never had to deal with a customer service rep who doesn’t have a handle on the English language.

  • Jim

    If Americans were hired on the basis of their qualificatons alone, blacks would be in far worse shape.

  • ghw

    “To me, class is much more of a social phenomenon than an economic one. If one is raised with good breeding, he will always be marked by that. If he is ill-bred, he’ll never get completely beyond it. When statisticians speak of economic strata, they need to use some other word than “class”.

    — Olewhitlady

    I do agree. To me, class is more about your tastes, attitudes, and breeding than your income. Too many economists see it all as a matter of money. You can be a millionaire and still be a crass slob without any taste or “class”. There are plenty who are. A mansion and a Bentley do not make a classy person. (Was Mike Tyson high class?) You can have a low income, but still be a lady or a gentleman, a person with refinement and taste. I dislike this simplistic tendency to link everything to money. Life is more complicated than that.

  • Anonymous

    25 — olewhitelady wrote at 7:26 AM on September 11:

    #12 Anonymous:

    “I’ll chime in on this one. To me, class is much more of a social phenomenon than an economic one. If one is raised with good breeding, he will always be marked by that. If he is ill-bred, he’ll never get completely beyond it. When statisticians speak of economic strata, they need to use some other word than “class”.”

    I agree with you. I’ve always told my wife that it doesn’t matter how much money we have or where we can afford to go or not; it is how we keep our home and ourselves, and how we speak, and how we act and present ourselves to the world. But “goodbreeding” as you use it, is a confusing term. I think you mean “good mannoers.” But as we see, genetics also play a part, so “good breeding” literally does make a difference. But even that can be negated by bad or no education, brainwashing from childhood, and coarse or brutal treatment.

  • Auntie Em

    In response to Anonymous #12,I’ll offer my perspective which is similar to olewhitelady’s.

    As others have mentioned, much of what represents society in this country is illusion. For a number of reasons we have been conditioned to believe that our value as humans lays in what we own.

    It sounds like you were raised with a wholesome set of values by two smart parents who knew how to instill a sense of security and self-worth in a child.

    And that doesn’t come from what you own but rather from intangibles such as what you know and are able to do. Pair those with a healthy work ethic and you have a child who can enter adulthood with a sense of confidence.

    Those who base their self-worth on bling never have enough.

  • Bon, From the Land of Babble

    Nearly one in three Americans who grew up middle-class has slipped down the income ladder as an adult.

    I can’t imagine why. I was sure the QEs stimulated the economy as promised by the Ben BerNACH!!

    There is no objective evidence to suggest QE2 was successful. The unemployment rate remains at very high levels and the economy actually slowed considerably by late spring of 2011.

    Are you ready for some QE3, 4 and 5?

    Maybe THIS time it’ll work!

    Signs that the Middle Class is Being (expletive deleted):

    1. When wages are adjusted for inflation, middle class workers in the United States make less money today than they did back in 1971.

    2. More than 40% of all jobs are now low income jobs.

    3. The median wage for men 30-50 has dropped by 27%.

    4. Half of all American workers earn $505 a week or less.

    5. 36 percent of Americans say that they don’t contribute anything to a retirement plan.

    6. There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added 30 million people to the population since then

    7. The number of Americans that are “not in the labor force” is at an all-time high.

    8. There are now about 7.25 million fewer jobs in America than when the recession began back in 2007

    9. Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history

    10. The United States has lost a staggering 32% of its manufacturing jobs since the year 2000.

    11. The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

    12. Since 2001, over 42,000 manufacturing facilities in the United States have been closed.

    So let’s continue importing a million legal Third World immigrants a year and “administratively amnesty” all the illegals since jobs are so plentiful. Oh, and make sure to up the number of “desperately needed” H1B visas to 190,000/years as the Heritage Foundation recommends.

    I haven’t heard of any objections from any of the major candidates, have you??

    http://goo.gl/PT7ZC

    http://goo.gl/qUYc

    Bon

  • SANTA HERMANDAD

    Leonard Pitts JR.?

    The second stage of the disease is always worse. This is the offspring of a the man who concluded his column on the hideous murders of Channon Christian and Christopher Newsom with “Cry me a river”.

    My advice is to avoid the spread of Metastatic Pittsanoma by never posting it here.

    They see the entire Universe through the prism of race.

  • Anonymous

    “People have NEVER been paid according to their contributions to society. Otherwise, why do gangsters, junk bond dealers, drug lords, comedians, models make millions more than nurses and school teachers?

    Conpensation has always been according to clout, connections, politics, etc. — not according to social worth.”

    In magazines I sometimes sees ads for a management institute which teaches negotiation. It states:

    “In life, you don’t get what you deserve. You get what you negotiate.”

    That is SO, SO true! Life isn’t fair, and it doesn’t reward people according to their just deserts or intrinsic worth, but according to what they are able to “negotiate” out of it by whatever means necessary.

    If those race-hustling blacks and other so-called “minorities” manage to retain political clout, those Diversity Specialists etc. will continue to be employed in highly paid positions right to the end, regardless of their contribution to society. Don’t expect them to be the first fired. Life just doesn’t work that way.

    Nurses, librarians, and schoolteachers will lose their pensions and be laid off first, but not the sacred cows of diversity. After all, did you ever hear of nurses, librarians, and schoolteachers rioting?

  • Charles B. Tiffany

    I have seen this phenomena for many years,long before the current depression. I have represented scores of middle class black men for crimes ranging from DUI Manslaughter to bank fraud and sexual felonies. If convicted they have no safety net to hold them up. A middle or upper middle class white man has well to do relatives and friends that will throw him a few bones, not enough to live at his old life style but enough to live a modest existence.Black men go straight down to ground zero. They are victims [? ] of the hatred of their friends[?] who were jealous of them and angry at them for acting uppity, in today`s jargon, acting white. I`ve represented school principals who ended up selling crack or killing themselves; Postal Service employees who went from a standard middle class life to picking fruit and playing the welfare hustle.I have never in over 38 years had a black client who did not enter penury after a serious conviction and after release from prison. They are abandoned by their own community. I believe that this reality sinks home to black children at an early age. They feel that no matter how hard they try,they will eventually end up behind the eight ball so why try?They live in a world that we can not fathom exists. I call it modern age nihilism. They are and have been at war with the rest of us for the last 20 years and sooner than we dare to contemplate flash mobs will be a very minor weapon in their hate filled revenge war against us.

    Charles B. Tiffany

    Kissimmee, Florida

  • Seek

    The “wealth gap” will never disappear. But if political office seekers of the two major parties can’t summon the guts to say as much, we will spend ever larger amounts of money resolving this “problem.” The most glaring manifestation has been the lowering of mortgage underwriting and securitization standards that triggered the Great Meltdown of 2008 for which we still are paying.

  • Anonymous

    “It is called trickle up poverty. To think of it any other way is plain foolish. Forget the racial comparisons, but the elephants and donkeys dont care who you are. One thing they agree upon is, the middle class must go permanetly!”

    Exactly right. I see a lot of posters smirking about the Blacks who have slipped into poverty. Well I have news for you, guess who is next. The Plutocratic rulers of this country are our true enemies. Blacks did not institute affirmative action nor pass the 1965 immigration act. At this point, because of Blacks pathologies they appear to be a major problem. They are not. After we regain control of our country from the Plutocratic race traitors we can take of our so-called Black problem in a month.

  • white is right, black is whack

    I’m sure it’s the evil white man’s fault why the “black middle class is falling” despite the fact that I know plenty of whites who aren’t as well off as they used to be and who have to work multiple jobs and still can’t pay their bills. But another poster was right. It’s your attitude that gets you by. If you are handed a million bucks and blow it all, you’re no better than you were before. this article is another way to bash whites or a way to say “Well, if something bad happens, it’s only really bad if it affects blacks!”

  • Anonymous

    IS anyone curious about why there haven’t been any new articles for the last several days?

    Is there something afoot about which we aren’t aware?

  • Anonymous

    32 — SANTA HERMANDAD wrote at 8:49 PM on September 11:

    Leonard Pitts JR.?

    The second stage of the disease is always worse. This is the offspring of a the man who concluded his column on the hideous murders of Channon Christian and Christopher Newsom with “Cry me a river”.

    My advice is to avoid the spread of Metastatic Pittsanoma by never posting it here.

    They see the entire Universe through the prism of race.”

    ———

    Yes, well, take heart. He was born black, ugly and stupid. We may be bothered by his remarks, but we can turn the other way. Any way he turns, he will be black, ugly and stupid.

    We win.

  • margaret

    Reuters/Dave Kaup

    By David Morgan

    WASHINGTON | Tue Sep 13, 2011

    WASHINGTON (Reuters) – The number of Americans living below the poverty line rose to a record 46 million last year, the government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a moribund economy.

    The Census Bureau’s annual report on income, poverty and health insurance coverage said the national poverty rate climbed for a third consecutive year to 15.1 percent in 2010 as the economy struggled to recover from the recession that began in December 2007 and ended in June 2009.

    That marked a 0.8 percent increase from 2009, when there were 43.6 million Americans living in poverty.

    The number of poor Americans in 2010 was the largest in the 52 years that the Census Bureau has been publishing poverty estimates, the report said, while the poverty rate was the highest since 1993.

    The specter of economic deterioration also afflicted working Americans who saw their median income decline 2.3 percent to an annual $49,445.

    About 1.5 million fewer Americans were covered by employer-sponsored health insurance plans, while the number of people covered by government health insurance increased by nearly 2 million.

    All told, the number of Americans with no health insurance hovered at 49.9 million, up slightly from 49 million in 2010.

    The economic deterioration depicted by the figures is likely to have continued into 2011 as economic growth diminished, unemployment remained stuck above 9 percent and fears grew of a possible double-dip recession.

    The report of rising poverty coincides with Obama’s push for a $450 billion job creation package, and deliberations by a congressional “super committee” tasked with cutting at least $1.2 trillion from the budget deficit over 10 years.

    Faced with deteriorating job approval ratings, the president is trying to convince Republicans in Congress to support his package.

    Analysts said poverty-related issues have relatively little hold on politicians in Washington but hoped the new figures would encourage the bipartisan super committee to avoid deficit cuts that would hurt the poor.

    The United States has long had one of the highest poverty rates in the developed world. Among 34 countries tracked by the Paris-based Organization for Economic Cooperation and Development, only Chile, Israel and Mexico have higher rates of poverty.”

    By importing mexicans, we are becoming mexico.

  • margaret

    tweet60Share2EmailPrint

    More than a fifth of Americans under the age of 18 lived in poverty last year, new U.S. Census figures show.

    “The poverty rate for children rose from 20.7 percent in 2009 to 22 percent last year, making kids more likely than any other age group to be poor. For children under the age of 6, the picture is even bleaker–25.3 percent of them lived in poverty last year. Overall, 15 percent of Americans were poor last year, the highest rate since 1993. (The poverty line is $22,314 pre-tax income for a family of four, not including non-cash benefits, like food stamps.)”

    The rise in child poverty correlates with the rise in hispanic children the anti White media and think tanks are so thrilled about.

  • Anonymous

    U.S. Poverty Climbed to 17-Year High in 2010

    By Catherine Dodge – Sep 13, 2011

    (Bloomberg) — The U.S. poverty rate rose to the highest level in almost two decades and household income fell in 2010, underscoring the lingering impact of the worst economic slump in seven decades. Data released by the Census Bureau today showed the proportion of people living in poverty climbed to 15.1 percent last year from 14.3 percent in 2009 and median household income declined 2.3 percent.

    Poverty in U.S. Climbed to 17-Year High in 2010, Income Fell

    Stagnating incomes and rising poverty will be at the heart of the 2012 presidential campaign that’s focusing on joblessness, and will give added urgency to debates in Washington and statehouses across the U.S. over budget cuts to programs designed to protect families from hardship.

    Stagnating incomes and rising poverty will be at the heart of the 2012 presidential campaign that’s focusing on joblessness, and will give added urgency to debates in Washington and statehouses across the U.S. over budget cuts to programs designed to protect families from hardship. Photographer: Mario Tama/Getty Images

    The U.S. poverty rate rose to the highest level in almost two decades and household income fell in 2010, underscoring the lingering impact of the worst economic slump in seven decades.

    Data released by the Census Bureau today showed the proportion of people living in poverty climbed to 15.1 percent last year from 14.3 percent in 2009, and median household income declined 2.3 percent. The number of Americans living in poverty was the highest in the 52 years since the Census Bureau began gathering that statistic. Those figures may have worsened in recent months as the economy weakened.

    “Families are struggling to put food on the table, and they don’t have the purchasing power to help the economy recover,” said Isabel Sawhill, a senior fellow at the Brookings Institution in Washington.

    Stagnating incomes and rising poverty will be at the heart of the 2012 presidential campaign that’s focusing on joblessness, and will give added urgency to debates in Washington and statehouses across the U.S. over budget cuts to programs designed to protect families from hardship.

    The ranks of people in poverty increased to 46.2 million from 43.6 million. The last time the poverty rate reached 15.1 percent was in 1993. It climbed to 15.2 percent in 1983. Median household income in 2010 was $49,445, down from $50,599 the year before.

    Health Coverage

    The number of those lacking health insurance increased to 49.9 million from 49 million, or about 16.3 percent of the population, a change the bureau said wasn’t statistically significant.

    The income figures declined even as the U.S. economy expanded 3 percent in 2010. Growth has slowed this year to an annual rate of less than 1 percent, raising concern that the financial struggles of families will continue to worsen and hamper the recovery.

    U.S. households have little to cheer about as job creation stagnated last month and hourly wages retreated. The unemployment rate has hovered at or above 9 percent for more than two years. Consumer confidence fell to the second-lowest level this year for the week that ended Sept. 4.

    “We would have hoped to have begun to climb out by now in terms of income and poverty rates, and that doesn’t seem to be happening,” said Sawhill, who was associate director of the White House budget office under President Bill Clinton.

    Third Straight Increase

    It was the third consecutive annual increase in the poverty rate, a trend that won’t reverse itself without “concerted action” on the part of policy makers, said Melissa Boteach, who leads a campaign to reduce poverty at the Center for American Progress, a Washington-based research group with ties to the Obama administration.

    “The numbers should be a wake-up call to our elected officials that we need to act immediately to invest in job creation and protect vulnerable families,” she said.

    Since the low point in the labor market downturn in February 2010, nonfarm payrolls have increased by 1.9 million, showing that without stronger growth, it will take years to recoup about 8.7 million jobs lost as a result of the recession that began in December 2007 and ended in June 2009.

    The jobless rate rose to 9.6 percent in 2010 from 9.3 percent in 2009. Long-term unemployment, the percent of those without a job for 27 weeks or longer, increased to 43 percent from 31 percent, according to the Washington-based Economic Policy Institute.

    “The figures we are releasing today are really important,” said Robert Groves, director of the U.S. Census Bureau, on a conference call with reporters. “They tell us how the changing economic conditions have really impacted the American family.”

  • Anonymous

    Washington Post ^ | Sept. 13, 2011 | Ylan Q. Mui

    College graduates are the fastest-growing group of consumers who have filed for bankruptcy protection in the past five years, according to a new study by a financial nonprofit group, which underscores the broad reach of the Great Recession. The survey by the Institute for Financial Literacy, slated for release Tuesday, found that the percentage of debtors with a bachelor’s degree rose from 11.2 percent in 2006 to 13.6 percent in 2010. The group tracked similar but smaller increases in consumers with two-year associate and graduate degrees.