The Truth About the Average Income for American Families is Becoming Clear. Our NWO Regime is Orchestrating Conditions of Economic Chaos for Control.

Anyone who thinks that the average income for American families has dropped only in the last couple of years might be in for a surprise.

We tend to evaluate our circumstances as unique, but this economic decline is not new.

The truth, in fact, is that this measure of comfort for working-class people dropped in the first three years of the new century, the first time that happened since 1989 through 1992.

According to information from the Federal Reserve, the trend in 2001-2004 was the same as today – the top 1 or 2 percent gaining while the bottom 40 percent loses wealth.

When crisis strikes the United States, such as with the attack on the World Trade Center in 2001 the government leaders and corporate media urged people to go shopping.

It seemed that those who have plenty of discretionary income thought that the majority of wage earners could make themselves feel better if they went on a shopping spree.

While this suggestion seemed bad enough to many because it was fundamentally wrong as a way of thinking, there is another problem with using shopping as a way of getting out of the doldrums.

In recent months, several studies by consumer magazines and real estate professionals have shown that 60 percent of the average income for American families purchases goes to housing and transportation.

For every 100 dollars a family spends from the paycheck, 60 dollars goes to keep a roof overhead and to get to and from work.

This leaves only 40 percent for clothing, groceries, healthcare and other necessities.

Rising Waters, Sinking Boats

One of the key planks in the conservative Republican platform during the last two or three election campaigns was the idea that overall prosperity for the country would benefit everyone, including those making minimum wage.

But as writer Jack Rasmus pointed out more than five years ago, the rich are truly getting richer, while the rest of the population stays the same or falls far behind.

For example, if a person was working for average wage in 1979 and got the same raises that corporate executives got for the next 25 years, that individual would now be making $200,000 per year.

Rasmus shows that the 1979 average wage was equal to almost $16 in today’s economy and the number increased by about 11 cents per hour each year.

While this was taking place, executive pay went from 40 times the average wage to 500 times the average wage.

Our Economy is Strong

The Economic Policy Institute reported that average income for American families increased in every decade from 1970 through 2000, with an increase of more than 8 percent between 1989 and 2000.

As government leaders were stating in the media that the economy was, overall, quite solid and heading in the right direction, the numbers showed otherwise for working people.

Between 2000 and 2007, the years of the George W. Bush administration, average income for American families fell by more than $300, the only negative period in almost 40 years.

Most Didn’t See the Show

A number of reports on the state of the economy show that by the federal government measure called Gross Domestic Product, overall production from U.S. corporations increased in the first decade of the 21st century.

If the trickle-down theory of capitalism was working, or if the rising-tide-raises-all -boats theory was operating, critic say, then the average income for American families would also be increasing.

But that has not been the case.

According to several studies, while productivity was increasing the assets of corporations and corporate owners, the measures for income and poverty level were going in the opposite direction.

The people in the bottom 80 percent of the income field lost buying power.

This negative change was especially noticeable for those whose earnings put them at or below the poverty level.

Yet the earning power for those in the top 20 percent of the income spectrum rose, especially among those earning $500,000 to $1 million dollars.