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The document discusses several issues facing the American middle class including stagnant wages, high unemployment, rising student debt, and difficulty affording unexpected expenses. Real unemployment is estimated to be 9.7% while purchasing power has not increased in 50 years. College graduates owe more for their education but expect lower incomes, and pharmaceutical companies wield significant political influence. Nearly half of Americans would struggle to pay a $400 emergency.

US Fool’S Errand 2016

amErica’S middlE claSS iS Sinking

Real Unemployment @ 9.7%

50 Years of Stagnant Purchasing Power

College Grads Owe More, Expect Less

Big Pharma political Clout

47% of Americans would have trouble
covering a $400 unexpected expense
http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/

Fool'serrand

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Fool'serrand

1. US Fool’S Errand 2016

2. amErica’S middlE claSS iS Sinking

3. Real Unemployment @ 9.7%

4. 50 Years of Stagnant Purchasing Power

5. College Grads Owe More, Expect Less

6. Big Pharma political Clout

7. 47% of Americans would have trouble covering a $400 unexpected expense http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415/