The Middle Class in America Is Radically Shrinking.
finance.yahoo.comNo kidding: My dad's first job out of college, an entry level position, earned him $25k/yr, with benefits. His house -- 1500 sq feet in a nice neighborhood cost $25k. This was in the mid 70s
My first entry level job out of college, a good job by all accounts, earned $30k, had minimal benefits. My first house cost $80k for 1100 sq ft. in a decent (but not as nice) neighborhood. This was in the mid 2000s (except the house was bought immediately post crash).
Something is not right w/ this.
Slowly killing the American economy.