SOCIO-ECONOMICS & For 50 years gap still widens between the haves & the have-nots #PewResearch

Commentary by Dr. Whitesel: The gap between the have and the have-nots is still increasing. The largest growth over the past 50 years has been among the very lowest and the very highest socio-economic levels, indicating an increasing economic polarization. As John Perkins reminded us (The Healthy Church, Whitesel, 2014) our churches must be trained and equipped to bridge such gaps for the sake of the Good News of salvation with which we’ve been entrusted.

Most Americans Aren’t Middle Class Anymore” by Ben Casselman, ESPN Media, 12/10/15

…A new report from the Pew Research Center says the candidates may be right. For the first time since at least the 1960s, the majority of Americans aren’t in the middle class.
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The Pew report looks at middle-income households, which it defines as those earning between two-thirds and double the median household income. In 2014, that meant a three-person household would have to earn between $42,000 and $126,000 to be considered middle-income.1 (Pew prefers the term “middle income” to “middle class” because class implies social standing as well as income.)

In 2015, just under 50 percent of American adults lived in middle-income households. (The chart above rounds the number to 50 percent.) That’s down from 54 percent in 2001 and 61 percent in 1971, the earliest year Pew looked at. Meanwhile, the share of income going to middle-income households has also fallen, from 62 percent in 1971 to 43 percent last year…

Read more at … http://fivethirtyeight.com/features/most-americans-arent-middle-class-anymore/