President Trump likes to point out that before the pandemic, the economy was booming. The Democrats like to say that the economies recovery is due to Obama. You know what? They are both BS artists!
At Evolution, we have gathered proof that the anti-worker, anti-union powers-to-be with all their outsourcing is destroying the concept of America. From stats from the Labor Bureau and Social Security we found that 51% of working citizens earn less than $30,000 a year. If you do the math this translates to a weekly income of $600 bucks. This is the same figure that both political parties are haggling over in another stimulus program. If you dig deeper, it translates to $15 per hour. That is the same figure that led the mantra of wage protests two years ago. Back to the stimulus debate. Sadly, the only truth in the arguments is that this figure ($600) is more than what many make by working. When you continue reading, you will see that the low level of income by Americans is due to service type employment. It not only does not provide a living wage, but kills social mobility.
It gets worse. The once respected income of $50-grand-a-year, is not reached by 70% of workers. This means that you have a paycheck of $1,041 per week. This is union level wages. This is a living wage. This enables the children of these families to improve our economy with social mobility. If you think with the low number of Americans reaching this figure is bad, how about this?
Participation Rate
As of June, it is 61%. The math says 39% of us who are eligible to work, aren't. Do you know what this translates to? It means for one reason or another, there are 102 million Americans who do not work or have a job. This is one-third of our population!
None of the above stats account for the virus. This is how we live in America. When the government performs their formula for inflation, they do not count the three basic needs by everyone: food, energy and shelter. In the next section, the Economic Evangelist did a research of all 50 states in regards to renting a one bedroom apartment. In a past piece, we at Evolution have shown you why working citizens cannot afford to buy or qualify for a home. The standard test is one weekly paycheck must cover the mortgage. By the above stats, only 30% of Americans can qualify to purchase the medium home in the US which costs $248,000. Forget a new home. The average price is $302,000. So, our man chose a basic unit. Consider who lives in this apartment. It will be a single man or woman, a childless married couple or retirement age people. Keep in mind that $30,000 a year is not reached by 51% of the population. Workers are closer to $20K. The rents will be the average cost for a one bedroom unit. It is also true that it costs more to live in certain locations like San Fran, New York or Seattle. A mailman's income is borderline poor in those cities, however he is securely middle-class in many states and rural areas. The chart will show the state, the cost and conclusion - workers need 50% of income just to meet rent in most locations. What does that leave them for food, energy, insurance - life? Sadly, one weeks pay covers the cost in only a few states.
State Rent Conclusion
Maine $780 Costs 50% of income
Utah $805 Costs 50% of income
Vermont $974 Costs more than 50% income
Washington $1,178 Costs more than 50% income
Colorado $1040 Costs 50% of income
Minnesota $705 Less than 50%, but expensive
Oregon $984 Cost more than 50% income
Pennsylvania $830 Less than 50%, but expensive
Montana $625 Affordable (only one so far).
Wisconsin $680 Affordable (2 in a row!)
D.C. (only one not a state-yet) $1493 Off the charts for a slum!
New Hampshire $1052 Costs more than 50% income
Kansas $673 Affordable
Alaska $946 Costs more than 50% of income
Wyoming $625 Affordable
Massachusetts $1313 Costs more than 50% of income
Iowa $606 Very affordable
Connecticut $1083 Costs more than 50% of income Michigan $726 Less than 40% of income
Illinois $913 Costs more than 50% of income
Virginia $1067 Costs more than 50% of income
Missouri $667 Affordable
North Carolina $769 Less than 40% of income
Delaware $1035 Costs more than 50% of income
South Dakota $569 Very affordable
Nebraska $662 Affordable
Hawaii $1444 How do they make rent?
Idaho $663 Best state-worth every penny
Maryland $12 Costs more than 50% income
Rhode Island $978 Costs more than 50% income
Kentucky $608 Very affordable
Arizona $869 Costs 50% of income
Indiana $664 Affordable
North Dakota $582 Very affordable
Oklahoma $605 Very affordable
Arkansas $579 Very affordable(3straight,Wow!)
Nevada $901 Costs more than 50% income
Georgia $878 Costs 40% of income
West Virginia $605 Affordable(if you can find work)
South Carolina $779 Costs more than 50% income
New Jersey $1255 Expensive
California $1449 Even more expensive!
Ohio $669 Affordable
Florida $979 Costs more than 50% income
Tennessee $710 Close to 40% of income
Texas $856 Costs 50% of income
New York $1292 Consider taxes- unaffordable!
New Mexico $681 Affordable
Mississippi $665 Affordable
Alabama $685 Affordable
Louisiana $685 Affordable
Dear Reader, there are only 16 states where the average income can afford a one bedroom apartment. This is the lie of both political parties. We need a new third party. The platform is no wars. Cut the military. Put tariffs on all imports and especially to outsourcing firms like Nike, Apple, among others. Tax the internet to help retail and stop the disease of Amazon. Put in place renewable energy for quality jobs and redo our infrastructure. And the most importantly, End the Fed! Together this simple agenda will not only cut our deficits, but it will clear the path that leads to the American Dream.
