The coming collapse of the
American middle class
What's bankrupting Americans?
I didn't make up the title of this talk.
University of California Television did.
It's pretty blunt, isn't it?
But the number don't lie.
The interesting thing is what's bankrupting Americans. It's not food, it's not clothing, it's not electronic gadgets and it's not extravagant living.
Since 1970, for two income family with two kids:
* Mortgage payments: up 76%
* Healthy families that are getting employers sponsored health insurance: up 74%
* Owning multiple cars: up 52%
* Child care: up 100% +++
* Taxes: up 25%
These are fixed expenses, the ones you can't avoid. Big, fixed and relentless.
Who profits? Wall Street and the banks, the medical-industrial complex, the oil industry, and the government.
And these numbers are just the tip of the iceberg.
Watch the whole video to get the whole story.
See the complete catalog of
free Brasscheck TV videos
|
Want to see more videos?
Subscribe to Brasscheck TV
Every time we post a new video,
we'll send you a notice by e-mail.
No spam ever and you can easily unsubscribe at anytime.
|
Notice
The videos that are linked to from BrasscheckTV.com represent solely the opinions of their producers.
Links to these videos are made available to you as a resource for your own research and evaluation not as an endorsement.
BrasscheckTV is not in the business of persuading you or anyone else to believe anything that that is linked to from this site, but it does encourage you to use all available resources to form your own judgement about important things that affect your life.
|
|