>No unfortunately, you're not understanding some basics of the US economy, which allows you to read the "stuff" (ut won't allow me to use the word I really want to use) on heritage foundation.
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>84,000 and above is the income of 20% of the households (a family living under 1 roof). I do believe there is a fundamental change occurring with the US economy. I was reading about this a while back. How people were earning upwards of $20/hr from factories in rust belt cities. Now their jobs are shipped overseas, the jobs left for them pay maybe $12-14/hr.
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>Much like the long tours forced on our US military straining families, so does this reduction in pay.
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Here is a view point from my area – Silicon Valley, related to degreed electronics engineers and dot com employees. We lost 60,000 electronics engineering jobs when manufacturing went to Austin, Texas in early 1990’s.
2001 saw the dot com bust and we lost 192,000 related jobs. People that stayed in the area typically had to change career fields and earn 30 % less then before. This is one reason why I told my son and daughter to stay away from technology and they did!
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