Numbers Tricks Mask Declining Wages and Rising Inequality
"Almost everybody goes around calling themselves 'middle class,' with not a clue as to where the 'middle' is."
New federal data show that income inequality in the
The greatest damage the rich have done to American economic discourse and to the English vocabulary is their purposeful misuse of the term "middle class." All the politicians and corporate pundits and commentators and so-called journalists throw the term around, constantly, but never give it any specific value or definition.
"Middle class" has become anything you want it to be. Republicans tend to describe people with incomes as high as $200,000 per household as middle class - when, in fact, folks making that much money are in the upper two percent of the population, nowhere near the middle. Corporate propagandists have other tricks to make it appear that Americans are better off than they really are. They prefer to use "average" income data, which throws the very rich - like Bill Gates, who's worth more than the Gross National Products of at least 70 countries - into the same mix as...you. Because the rich are so dramatically better off than most people, their incomes pull the average way up, making the figure meaningless.
"The real middle class makes about $15 dollars an hour, and dropping."
Economists and phony journalists in service of the wealthy also prefer to citeBARtrump "household" income, rather than individual wages, as measurements of economic standing. The more people in the household above the age of 14 that hold jobs, the better things look. The fact that real wages went down two percent between the years 2000 and 2005, might not show up so dramatically, if two or more family members are out there hustling, taking on different jobs at different wages over time. The truth becomes obscured, which is exactly how the rich folks like it. And almost everybody except those who are on public assistance goes around calling themselves "middle class," with not a clue as to where the "middle" is.
The real "middle" among American wage earners, after deductions for child support and, if you're lucky, payments into a 401(k), is $30,881 a year. That's the median wage - not the misleading average wage - meaning, half of employees make more than $30,881, and half make less. Not very impressive, is it? A family of four with one wage earner making $20,000 is officially in poverty in the
At the same time, the number of millionaires is at a record high, nearing eight million, while the median American worker - the real middle class - makes about
$15 dollars an hour, and dropping. No wonder the rich take such pains to scrub the language clean of a vocabulary that could explain how they are stealing the wealth of the nation and the world.
For Black Agenda Radio, I'm Glen Ford.
BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com