Outrage… Head of Household 0f 4 on Minimum Wage Has More Disposable Income Than Family Making $60,000 a Year: "
Democrats want you to believe that they care about the middle class. Of course, this is just another lie. Their policies over the years continue to ravage the middle class.
As evidence, a family of 4 on minimum wage now has more disposable income than a hard working American middle class family making $60,000 a year.
Zero Hedge reported, via Free Republic:
Tonight’s stunning financial piece de resistance comes from Wyatt Emerich of The Cleveland Current. In what is sure to inspire some serious ire among all those who once believed Ronald Reagan that it was the USSR that was the “Evil Empire”, Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that “a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year.” And that excludes benefits from Supplemental Security Income disability checks. America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper – it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world’s most generous entitlement system. Perhaps if Reagan were alive today, he would wish to modify the object of his once legendary remark.
From Emmerich:
You can do as well working one week a month at minimum wage as you can working $60,000-a-year, full-time, high-stress job.
My chart tells the story.
And, yet how many times have we heard democrats claim that they care about the middle class?
Rubbish.
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