Death of the Middle Class: In Joe Biden’s America, New Survey Reveals People Feel They Need to Earn Over $186,000 Annually Just to Feel Secure
President Joe Biden delivers a speech on the U.S. economy and “Bidenomics”, Thursday, September 14, 2023, at Prince George’s Community College in Largo, Maryland.
(Official White House Photo by Adam Schultz)
A new survey from Bankrate reveals the sad truth about how Americans feel drowning in Joe Biden’s economy.
According to the survey, Americans feel they need to earn at least $186,000 per year to feel secure in an economy hammered by high interest rates, low homeownership, rising rent and home costs, and rising consumer costs like food and gas.
Unfortunately, for the vast majority of the population, only 6% of U.S. adults actually reach at least that threshold.
Federal data shows the median family income is between $51,500 and $86,000,
