Sam Becker – How Much Money Does the Average American Have in Their Bank Account?

Despite living in what is likely the wealthiest nation to ever have existed, Americans sure are having a hard time getting by. As most people are well aware of at this point, wage stagnation and numerous structural economic changes over the years have led to a shrinking middle class, fewer and fewer “good” jobs, and calls for political policies that were once thought to be too poisonous to touch — like a $15 minimum wage, for example.

Given that most people are, relatively speaking, doing just fine, what do Americans have to whine about? We have refrigerators, televisions, smartphones — all things that are inconceivable in many parts of the world, even to this day. But still, people can’t escape the feeling that the screws continue to turn. While facing even more uncertainty about the future, Americans are turning to strongmen political figures or false hopes that things will turn in their favor.

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