Since 1990, the cost of living in America has exploded.
- Home: $123K to $411K
- College: $1,900 to $29,600 a year
- Health insurance: $3K to $25K
- New car: $15K to $48K
- Rent: $450 to $1,600
Income didn't keep up
I will be exposing the system and what it did to America.
BREAKING: 🇺🇸 American wages have fallen to 43% of national income, the lowest since the Great Depression.
For every $1 the US economy produces, workers are getting less of it than at any point since 1929.
The rest is going to corporate profits, which are now at an all time high.
This is why the economy keeps growing but most Americans feel poorer. GDP goes up, wages go up in dollar terms, but workers are getting a smaller and smaller slice of what they actually produce.
Asset prices keep rising for the same reason.
Money that used to go to wages is now going to shareholders instead, and shareholders put it into stocks, real estate and other assets.
TRUMP: “We'll by Argentinian beef.”
Reporters:' What about the US farmers who are suffering?'
Trump: “Argentina is fighting for its life. Do you understand me? They’re dying.”
He says this as 77 American cattle producers are going out of business in the US per day.
@JoelWBerry This is either such undeserved superiority emanating from you or cope because you know the next generation is America First and will wholesale reject your neocon policies once the boomers are gone.
Either way the clock is not on your side, Joel.
"A household of children, if things go reasonably well, certainly makes all other forms of success and achievement lose their importance by comparison."
Theodore Roosevelt