What Do These Five (5) States Have In Common? -- May 16, 2015

Nevada, Vermont, North Dakota, Ohio, and Wisconsin?

These are the top five states where the middle class is being "destroyed."

Clearly North Dakota is the outlier:

• Nevada: swaths of homes being foreclosed
• Vermont: senior citizens feeling the economic crunch
• North Dakota: Bakken middle class --> Bakken millionaires, raising cost of living for all
• Ohio: rust belt
• Wisconsin: governor has gutted the unions

The problem with all the 30-second sound bite on North Dakota -- the Bakken economy is predominantly felt in three sparsely populated counties in western North Dakota. I can't speak to the other states but the 30-second sound bites sound reasonable.

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Q: What's Wrong With This Picture?

A: At Least Two Things, Maybe Three

US Census Bureau reports: