Tag Archives: Middle Class

“They have stepped on me, taxed me more, lied to me, called me names, and demand I give up my rights”

I was brought up a military brat.  My father did 22 years in the United States Air Force.  In 1954 when he joined, they promised if he made a career of it, he and his wife, my mother, would be taken care of for life.  He got out in 1976 after extending his service a couple of extra years so I would not have to switch high schools in Florida.

We moved out west after my father retired and I finished high school.  In 1978, I got a job in the wood products industry at a particleboard factory and began work a schedule that just became normal to me. seven days on, two days off, working nights, weekends, and most holidays.  I wore “save the whales” t-shirts at work.

The industry came under attack because of environmental concerns for the spotted owl.  The lumber and wood products industry in the West was decimated over the next 15-20 years.  We tried to muster support from our government, but our efforts fell on deaf ears.  Eventually after 22 years, the facility I worked at closed.  The ability to do what we did, which was to recycle sawdust and discarded wood into a usable product, became too expensive as we had to go further and further away for our raw materials.  The logging industry was gone because of environmentalism and government policies to put animal concerns ahead of humans.

The spotted owl (the Mexican spotted owl in the southwest) was noted later on to be mating with other ‘species’ of owls.

It occurred to me if they can call an owl of a different color another species, then this should be applied to humans.  By a definition of species, we are all our own species based on external color, size and shape, etc..  Why were we not being looked after by our government in our lives?  We paid taxes and worked our butts off, only to be told we were killing the planet.  Where was the Human Protective Agency?  Why was I paying taxes to have the government pay bureaucrats to work against me?

In the 90s, I watched the Clintons. Bill at that time seemed to be a pragmatist but Hillary, the unelected first lady, tried to take over the healthcare system.  I saw it as a blatant power grab by an overly ambitious person in government.  By this time, we were well into the spotted owl era, and my distaste for the government sticking its nose into our lives was huge.  My save the whales t-shirts were history long before this.

Now, my parents were Roosevelt Democrats who fed on the nightly news: Huntley-Brinkley, Walter Cronkite.  That was the source for news.  In their minds, Republicans were the evil ones trying to take away their VA benefits promised to them in the 50’s.  They believed the nightly news.  There was no internet, no counterpoint.  When I reached adulthood, we argued over politics a lot more than we should have.  My Mother actually believed the SPLC was a conservative organization.  We believed the same things really as she espoused conservative positions, but she thought the Democrats had her back on it all.  I swore to my mother I would never vote for a party that would put a damn bird above a human.

It has only gotten worse.

After securing a job at a hospital, I watched ObamaCare tear through healthcare and then almost immediately watched as our pension benefits were frozen as a result of having to comply with new rules and regulations.  My wife and I lost 3000 dollars a month in future retirement income as a result of her company having to reorganize, and my pension is a private plan. Not a single Republican voted for the ObamaCare scam. But hey, 70 million dollars later the hospital has EPIC.  My Chart anyone?  I understand the CEO of that company has a lot of ties to Obama.

Hospitals now have departments of people working just to make sure all of the I’s are dotted and T’s crossed and the punctuation is correct just so we get paid for taking care of those on Medicare and Medicaid.  I can imagine on the other end that the government bureaucracy has people just looking for mistakes and ways not to pay out.  It is really mindboggling.

I watched my father get piss-poor treatment at the VA hospital, waiting months to get appointments and then just handed more drugs.  He struggled with issues from Agent Orange exposure in Vietnam.  He had back surgery there without any physical therapy follow-up.  He could not straighten out his back to lie down or stand up straight after the surgery.   He died in 2011 after having to live and sleep in his easy chair for years due to the pain. I want to say he was taken care of for life as promised years before without sounding sarcastic.  But I can’t.

I watched as my mother walked away from the Democrats.  She quoted Reagan…. they left her.  She voted for President Trump.

I never went to college, I am totally self-taught.  I am a doer of many trades and master of none.  I have had a great life in the greatest country on earth.  All along the way, the Democrats have stepped on me, taxed me more, lied to me, called me names, and demand I give up my rights.  Democrats were the ones pushing environmental causes at the expense of humans and government takeover of healthcare.  They have mismanaged everything they get their hands on, and then blame others for their own deeds.  I watch them lie and cheat and twist words.  Democrats have alienated their own base to the point they have to argue for foreigners to come into this country illegally in order to vote for Democrats, mainly by calling those of us opposed to this “racist.”

In all fairness, the weak Republicans in our government have hardly stood in their way.  But that is another day, another rant.

I am now called racist, homophobic, misogynist, and Islamaphobic.  A gun-toting, Bible-believing bitter clinger.  A deplorable.  A white nationalist.  Nazi. I can’t remember all of my Democrat party subtitles.

But I am middle class. I have been given nothing by our government and have given too much to it.  And it always wants more, telling me I have to pay my fair share.  It is a sad state when you get to a point in life of maximum dollars earned that it is taken away by higher tax brackets and the loss of deductions.

I will never vote for anyone advocating for more government control.  Or for anyone who is trying to denigrate me by name-calling or label-making.  The reason is my life.

 

[Reprinted as written by Anthony Keith and published by AMERICAN THINKER]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

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Obama is not going to give anyone a true picture of the State of the Union, not this year or any year. Here is the true state of our beloved USA…

More lies coming from Mr. O...

During his State of the Union speech tomorrow evening, Barack Obama is going to promise to make life better for middle class families. 

Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people out there who are buying what he’s selling.  Each January, he gets up there and tells us how the economy is “turning around” and to believe that much brighter days are right around the corner.  And yet things just continue to get even worse for the middle class.

The numbers you are about to see will not be included in Obama’s State of the Union speech.  They don’t fit the “narrative” that Obama is trying to sell to the American people.  But all of these statistics are accurate.  They paint a picture of a middle class that is dying.  Yes, the decline of the U.S. middle class is a phenomenon that has been playing out for decades.  But without a doubt, our troubles have accelerated during the Obama years.  When it comes to economics, he is completely and utterly clueless, and the policies he has implemented are eating away at the foundations of our economy like a cancer.

The following are 27 facts that show how the middle class has fared under 6 years of Mr. O…

#1 American families in the middle 20 percent of the income scale now earn less money than they did on the day when Barack Obama first entered the White House.

#2 American families in the middle 20 percent of the income scale have a lower net worth than they did on the day when Barack Obama first entered the White House.

#3 According to a Washington Post article published just a few days ago, more than 50 percent of the children in U.S. public schools now come from low income homes.  This is the first time that this has happened in at least 50 years.

#4 According to a Census Bureau report that was recently released, 65 percent of all children in the United States are living in a home that receives some form of aid from the federal government.

#5 In 2008, the total number of business closures exceeded the total number of businesses being created for the first time ever, and that has continued to happen every single year since then.

#6 In 2008, 53 percent of all Americans considered themselves to be “middle class”.  But by 2014, only 44 percent of all Americans still considered themselves to be “middle class”.

#7 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be “lower class”.  But in 2014, an astounding 49 percent of all Americans in that age range considered themselves to be “lower class”.

#8 Traditionally, owning a home has been one of the key indicators that you belong to the middle class.  So what does the fact that the rate of homeownership in America has been falling for seven years in a row say about the Obama years?

#9 According to a survey that was conducted last year, 52 percent of all Americans cannot even afford the house that they are living in right now.

#10 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007.

#11 According to one recent survey, 62 percent of all Americans are currently living paycheck to paycheck.

#12 At this point, one out of every three adults in the United States has an unpaid debt that is “in collections“.

#13 When Barack Obama first set foot in the Oval Office, 60.6 percent of all working age Americans had a job.  Today, that number is sitting at only 59.2 percent…

Employment Population Ratio 2015

#14 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 32.8 weeks.

#15 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year.

#16 At the end of Barack Obama’s first year in office, our yearly trade deficit with China was 226 billion dollars.  Last year, it was more than 314 billion dollars.

#17 When Barack Obama was first elected, the U.S. debt to GDP ratio was under 70 percent.  Today, it is over 101 percent.

No cure...

#18 The U.S. national debt is on pace to approximately double during the eight years of the Obama administration.  In other words, under Barack Obama the U.S. government will accumulate about as much debt as it did under all of the other presidents in U.S. history combined.

#19 According to the New York Times, the “typical American household” is now worth 36 percent less than it was worth a decade ago.

#20 The poverty rate in the United States has been at 15 percent or above for 3 consecutive years.  This is the first time that has happened since 1965.

#21 From 2009 through 2013, the U.S. government spent a whopping 3.7 trillion dollars on welfare programs.

#22 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 46 million.

#23 Ten years ago, the number of women in the U.S. that had full-time jobs outnumbered the number of women in the U.S. on food stamps by more than a 2 to 1 margin.  But now the number of women in the U.S. on food stamps actually exceeds the number of women that have full-time jobs.

#24 One recent survey discovered that about 22 percent of all Americans have had to turn to a church food panty for assistance.

#25 An astounding 45 percent of all African-American children in the United States live in areas of “concentrated poverty”.

#26 40.9 percent of all children in the United States that are living with only one parent are living in poverty.

#27 According to a report that was released late last year by the National Center on Family Homelessness, the number of homeless children in the United States has reached a new all-time record high of 2.5 million.

Unfortunately, this is all just the beginning.

The incredibly foolish decisions that have been made by Obama, Congress and the Federal Reserve have brought us right to the precipice of another major financial crisis and another crippling economic downturn. (NORM ‘n’ AL Note: Our emphasis.)

So as bad as the numbers are that you have now seen, the truth is that they are nothing compared to what is coming.

We are heading into the greatest economic crisis that any of us have ever seen, and it is going to shock the world.

[by Michael Snyder, writing for The Economic Collapse Blog]

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

 

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Wall St. celebrates while Main St. still suffers…or, Does this look like a housing recovery to you?

US housing decline continues...

We just learned that the homeownership rate in the United States has fallen to the lowest level in 19 years.  But of course this is not a new trend.  As you will see in this article, the homeownership rate in the United States has been in a continual decline for more than 7 years.

Obviously this is not a sign of a healthy economy.  Traditionally, homeownership has been one of the key indicators that you belong to the middle class.  When people define “the American Dream”, it is usually one of the first things mentioned.  So if the percentage of Americans that own a home has been steadily going down for 7 years in a row, what does that tell us about the health of the middle class in this country?

The chart above is clear evidence that we are in the midst of a long-term economic decline.  It shows what has happened to the homeownership rate in the U.S. since the year 2000, and as you can see it has been collapsing since the peak of the housing market back in 2007.  Does this look like a housing recovery to you?

So many people get caught up in what is happening on Wall Street, but this is the “real economy” that affects people on a day to day basis.

Most Americans just want to be able to buy a home and provide a solid middle class living for their families.

The fact that the percentage of people that are able to achieve this “American Dream” is falling rapidly is very troubling.

There are some that blame this stunning decline in the homeownership rate on the Millennials. Without a doubt, they are a significant part of the story.  They are moving back home with their parents at record rates, and many that are striking out on their own are renting apartments in the big cities.

This is one area where the decline of marriage in America is really hitting the economy.  Back in 1968, well over 50 percent of Americans in the 18 to 31-year-old age bracket were already married and living on their own.  Today, that number is below 25 percent.

But that is not all there is to this story.

In fact, the homeownership rate for Americans in the 35 to 44-year-old age bracket has been falling even faster than it has for Millennials…

In the first quarter of 2008, nearly 67% of people aged 35-44 owned homes. Now the number is barely above 59%. The percentage of people under 35 owning homes only fell five percentage points, to 36% from 41%.

So why is this happening?

Well, it is fairly simple actually.

In order to buy homes, people need to have good jobs.  And at this point, the percentage of Americans that are employed is still about where it was during the depths of the last recession.

In addition, wages in the United States have stagnated and the quality of our jobs continues to go down.  Half of all American workers make less than $28,031 a year.  Needless to say, if you make less than $28,031  a year, you are going to have a really hard time getting approved for a home loan or making mortgage payments.

Things have been changing for a long time in this country, and not for the better.  Our economic problems have taken decades to develop, and the underlying causes of these problems are still not being addressed.

Meanwhile, middle class families continue to suffer.  One very surprising new survey discovered that more than half of all Americans now consider themselves to be “lower-middle class or working class with low economic security”.  While Wall Street has been celebrating in recent years, economic pessimism has become deeply ingrained on Main Street…

Optimism may be harder to come by these days. More than half of Americans surveyed in a Harris poll released Tuesday identified themselves as being lower-middle class or working class with low economic security. And 75 percent said they’re being held back financially by roadblocks like the cost of housing (24 percent), health care (21 percent) and credit-card debt (20 percent).

And that’s not the kicker.

“The most disappointing aspect is that 45 percent think they’ll never get their finances back to where they were before the financial crisis,” said Ken Rees, CEO of the Elevate credit service company, which commissioned the survey.  And a third are losing sleep over it.

The only “recovery” that we have experienced since the last recession has been a temporary recovery on Wall Street.

For the rest of the country, our long-term economic decline continues.

[by Michael Snyder, writing for the ECONOMIC COLLAPSE blog]

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

 

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The American Dream on $27,500 a year…or less? NOT POSSIBLE.

If you make more than $27,520 a year at your job, you are doing better than half the country.

you can check out the latest wage statistics from the Social Security administration right here.  But of course $27,520 a year will not allow you to live “the American Dream” in this day and age.  After taxes, that breaks down to a good bit less than $2,000 a month.  You can’t realistically pay a mortgage, make a car payment, afford health insurance and provide food, clothing and everything else your family needs for that little money.  That is one of the reasons why both parents are working in most families today.  In fact, sometimes both parents are working multiple jobs in a desperate attempt to make ends meet.  Over the years, the cost of living has risen steadily but our paychecks have not.  This has resulted in a steady erosion of the middle class.  Once upon a time, most American families could afford a nice home, a couple of cars and a nice vacation every year.  When I was growing up, it seemed like almost everyone was middle class.  But now “the American Dream” is out of reach for more Americans than ever, and the middle class is dying right in front of our eyes.

One of the things that was great about America in the post-World War II era was that we developed a large, thriving middle class.  Until recent times, it always seemed like there were plenty of good jobs for people that were willing to be responsible and work hard.  That was one of the big reasons why people wanted to come here from all over the world.  They wanted to have a chance to live “the American Dream” too.

But now the American Dream is becoming a mirage for most people.  No matter how hard they try, they just can’t seem to achieve it. Or even find it.

 

And here are some hard numbers to back that assertion up.  The following are 15 more signs that the middle class is dying…

#1 According to a brand new CNN poll, 59 percent of Americans believe that it has become impossible for most people to achieve the American Dream…

The American Dream is impossible to achieve in this country.

So say nearly 6 in 10 people who responded to CNNMoney’s American Dream Poll, conducted by ORC International. They feel the dream — however they define it — is out of reach.

Young adults, age 18 to 34, are most likely to feel the dream is unattainable, with 63% saying it’s impossible. This age group has suffered in the wake of the Great Recession, finding it hard to get good jobs.

#2 More Americans than ever believe that homeownership is not a key to long-term wealth and prosperity…

The great American Dream is dying. Even though many Americans still desire to own a home, they are losing faith in homeownership as a key to prosperity.

Nearly two-thirds of Americans, or 64%, believe they are less likely to build wealth by buying a home today than they were 20 or 30 years ago, according to a survey sponsored by non-profit MacArthur Foundation. And nearly 43% said buying a home is no longer a good long-term investment.

#3 Overall, the rate of homeownership in the United States has fallen for eight years in a row, and it has now dropped to the lowest level in 19 years.

#4 52 percent of Americans cannot even afford the house that they are living in right now…

“Over half of Americans (52%) have had to make at least one major sacrifice in order to cover their rent or mortgage over the last three years, according to the “How Housing Matters Survey,” which was commissioned by the nonprofit John D. and Catherine T. MacArthur Foundation and carried out by Hart Research Associates. These sacrifices includegetting a second job, deferring saving for retirement, cutting back on health care, running up credit card debt, or even moving to a less safe neighborhood or one with worse schools.”

#5 According to the U.S. Census Bureau, only 36 percent of Americans under the age of 35 own a home.  That is the lowest level that has ever been measured.

#6 Right now, approximately one out of every six men in the United States that are in their prime working years (25 to 54) do not have a job.

Searching for The American Dream...

#7 The labor force participation rate for Americans from the age of 25 to the age of 29 has fallen to an all-time record low.

#8 The number of working age Americans that are not employed has increased by 27 million since the year 2000.

#9 According to the government’s own numbers, about 20 percent of the families in the entire country do not have a single member that is employed at this point.

#10 This may sound crazy, but 25 percent of all American adults do not even have a single penny saved up for retirement.

#11 As I noted in one recent article, total consumer credit in the United States has increased by 22 percent over the past three years, and 56 percent of all Americans have “subprime credit” at this point.

#12 Major retailers are shutting down stores at the fastest pace that we have seen since the collapse of Lehman Brothers.

#13 It is hard to believe, but more than one out of every five children in the United States is living in poverty in 2014.

#14 According to one recent report, there are 49 million Americans that are dealing with food insecurity right now.

#15 Overall, the U.S. poverty rate is up more than 30 percent since 1966.  It looks like LBJ’s war on poverty didn’t work out so well.

Sadly, it does not appear that there is much hope on the horizon for the middle class.  More good jobs are being shipped out of the country and are being lost to technology every single day, and our politicians seem convinced that “business as usual” is the right course of action for our nation.

Unless something dramatic happens, it is going to become increasingly difficult to eke out a middle class existence as a “worker bee” in American society.  The truth is that most big companies these days do not have any loyalty to their workers and really do not care what ends up happening to them.

To thrive in this kind of environment, new and different thinking is required.  The paradigm of “go to college, get a job, stay loyal and retire after 30 years” has been shattered.  The business world is more unstable now than it has been during any point in the post-World War II era.

The American Dream has turned into the American Nightmare for a large majority of US citizens.

[by Michael Snyder, writing for THE ECONOMIC COLLAPSE Blog]

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

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There are 108.5 million Americans receiving some form of welfare, but only 101.7 million full-time workers paying for these benefits…

NORM ‘n’ AL Note: This post continues on the subject of our last post.

It’s time for the government to admit facts: The war on poverty is a malicious, unsustainable conspiracy designed to destroy America’s middle-class.

Today there are 108.5 million Americans receiving some form of welfare, but only 101.7 million full-time workers paying for these benefits, according to the U.S. Census Bureau.

While President Obama campaigned against the rich and for a stronger middle class, the truth is his actions are part of a government conspiracy keeping poor Americans out of work and on welfare.

The end goal for Obama and the political elite orchestrating this scheme–career politicians with unlimited power and wealth–is a nation entirely dependent on Uncle Sam.

And both Democrats and Republicans alike are involved.

“What you are seeing in Washington is not a capitol that is hopelessly divided–it’s hopelessly interconnected,” New York Times Magazine Chief National Correspondent Mark Leibovich recently wrote.

This conspiracy started 50 years ago when Lyndon B. Johnson initiated the “War on Poverty.”

“What I’m doing is taking from the haves and giving to have-nots,” Johnson said back in 1964.

The “giving” has been expanding ever since, today reaching its most critical level ever.

As Thomas Jefferson warned, “Democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

When you add up all the possible benefits from food, housing, medical care, social services, and cash, a family of four could receive up to $40,000 a year in taxpayer-funded subsidies.

Why would someone work making $50,000 to $60,000 when, after paying taxes, they will receive less than they could have by just sitting at home and relying on welfare checks?

The numbers don’t lie. The entitlement disaster is plaguing the country.

To keep the federal welfare program solvent, each American taxpayer is forced to pay an average of $8,776 every year.

At the same time, the average welfare recipient is handed $9,500 per year today in what is often called “free” government benefits.

The additional money comes from the country’s ever-increasing deficit, which now stands above $17 trillion.

And while the U.S. population has risen 56% since 1969, the number of Americans on food stamps has surged 1,625%.

Plus, it’s now projected that approximately 50% of all U.S. children will be on food stamps at some point in their lives before they reach 18.

Even more appalling, in 2011, the government spent $41.3 million just for advertising food stamps.

According to Rep. Paul Ryan (R-WI), “Washington is making the poverty trap worse.”

With the welfare crisis looming, now is the time to take steps to protect yourself, your family, and make appropriate moves to insure your retirement assets continue to grow.

A great place to start is George Gilder’s book, Wealth and Poverty.

In Wealth and Poverty, Gilder helps Americans see what’s gone wrong, why it’s gone wrong, and what can be done to restore the wealth that’s been stripped from you thanks to the costly welfare society created by government programs.

Gilder explains how, “The welfare culture is destroying the very fabric of American families.”

He notes, “The political elite’s war on private industry will only result in catastrophe.”

Most importantly, in Wealth and Poverty Gilder breaks down the massive scale of the economic crisis you now face and how you actually can – and, in fact, must – overcome it.

Steve Forbes calls this amazing book, “One of the great books of Western civilization, on par with Adam Smith’s The Wealth of Nations.

Rush Limbaugh says, “My friends, it would behoove you to study everything you can get your hands on by George Gilder, a true American genius.”

[from MONEY MORNING]

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

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The American middle class is slowly disappearing. Where is it going? Downhill, to join the poverty-stricken…

Family Dollar is closing 370 stores Family Dollar closing stores When I learned of this, I was quite stunned. I knew that retailers that serve the middle class were really struggling right now, but I had no idea that things had gotten so bad for low end stores like Family Dollar. In the post-2008 era, dollar stores had generally been one of the few bright spots in the retail industry. As millions of Americans fell out of the middle class, they were looking to stretch their family budgets as far as possible, and dollar stores helped them do that. It would be great if we could say that the reason why Family Dollar is doing so poorly is because average Americans have more money now and have resumed shopping at retailers that target the middle class, but that is not happening. Rather, as you will see later in this article, things just continue to get even worse for Americans at the low end of the income scale. I was also surprised to learn that Coldwater Creek is closing all of their stores

Women’s clothing retailer Coldwater Creek Inc. on Friday filed for Chapter 11 bankruptcy after failing to find a buyer said it plans to close its stores by early summer. Coldwater Creek joins other retailers to seek protection from creditors in recent months as consumers keep a lid on spending. The company said it plans to wind down its operations over the coming months and begin going-out-of-business sales in early May, before the traditionally busy Mother’s Day weekend. Coldwater Creek, which has 365 stores and employs about 6,000 people, has five stores in Maryland.

I remember browsing through a Coldwater Creek with my wife and mother-in-law just last year. At the time, my mother-in-law was excited about getting one of their catalogs. But now Coldwater Creek is going out of business, and all that will be left of that store is a big, ugly, empty space. Of course the fact that a couple of major retailers are closing stores is nothing new. This kind of thing happens year after year. But what we are witnessing right now is really quite startling. So many retailers are closing so many stores that it is being called a “retail apocalypse”. In a previous article entitled “This Is What Employment In America Really Looks Like…“, I detailed how major U.S. retailers have already announced the closing of thousands of stores so far this year.  If the economy really was “getting better”, this should not be happening. So why are so many stores closing? Well, the truth is that it is because the middle class is dying. With each passing day, more Americans lose their place in the middle class and fall into poverty. The following is an excerpt from the story of one man that this has happened to. His recent piece in the Huffington Post was entitled “Next Friday, I’ll Be Living In My Car“…

For the past 13 years, I’ve mostly been doing facility management in several locations across the state. After the position turned into more of a sales role, they laid me off. Since then, I’ve been looking to find any type of work. I’ve applied for food stamps, and I’m waiting for that. I’m mostly eating soup from a food pantry. I’ve been on several interviews — second, third, fourth interviews — and just haven’t been able to land a job for whatever reason. I definitely have the qualifications and the experience. Last week, I had a job offer that I thought was secure, and we were talking my work schedule. They decided to call me back and go with an assistant rather than a manager. For a number of applications, I’ve dumbed down my resume. I don’t even go with a resume sometimes, just because I don’t want them to know that I’m educated and have a master’s degree. It shoots me in the foot. They don’t want me because they don’t think I’m going to stay. I don’t blame them.I was making six figures at $60-70 an hour. Now, I’m looking for a $10 an hour job.

There are millions upon millions of Americans that can identify with what that man is going through. Once upon a time, they were living comfortable middle class lifestyles, but now they will take any jobs that they can get. Just today I came across a statistic that shows the massive shift that is happening in this country. A decade ago, the number of women working outnumbered the number of women on food stamps by more than a 2 to 1 margin. But now the number of women on food stamps actually exceeds the number of women that have jobs. Wow. How could things have changed so rapidly over the course of just one decade? And sadly, things continue to go downhill. Every day in America, more good jobs are being sent out of the country or are being replaced by technology. I really like how James Altucher described this trend the other day…

Technology, outsourcing, a growing temp staffing industry, productivity efficiencies, have all replaced the middle class. The working class. Most jobs that existed 20 years ago aren’t needed now. Maybe they never were needed. The entire first decade of this century was spent with CEOs in their Park Avenue clubs crying through their cigars, “how are we going to fire all this dead weight?”. 2008 finally gave them the chance. “It was the economy!” they said. The country has been out of a recession since 2009. Four years now. But the jobs have not come back. I asked many of these CEOs: did you just use that as an excuse to fire people, and they would wink and say, “let’s just leave it at that.” I’m on the board of directors of a temp staffing company with one billion dollars in revenues. I can see it happening across every sector of the economy. Everyone is getting fired. Everyone is toilet paper now. Flush.

There is so little loyalty in corporate America these days. If you work for a major corporation, you could literally lose your job at any moment. And you can be sure that there is someone above you that is trying to figure out a way to accomplish the tasks that you currently perform much more cheaply and much more efficiently. Most big corporations don’t care if you are personally successful or if you are able to take care of your family. What they want is to get as much out of you as possible for as little money as possible. This is a big reason why 62 percent of all Americans make $20 or less an hour at this point. The quality of our jobs is going down, but the cost of living just keeps going up. Just look at what is happening to food prices. For a detailed examination of this, please see my previous article entitled “Why Meat Prices Are Going To Continue Soaring For The Foreseeable Future“. As the middle class slowly dies, less people are able to afford to buy homes. Mortgage originations at major U.S. banks have fallen to a record low, and the percentage of Americans that live in “high-poverty neighborhoods” is rising rapidly

An estimated 12.4 million Americans live in economically devastated neighborhoods, according to American Community Survey data collected from 2008 to 2012. That’s an 11 percent jump from the previous survey, conducted from 2007 to 2011. Even more startling, it’s a 72 percent increase in the population of high-poverty neighborhoods since the 2000 Census.

If nothing is done about the long-term trends that are slowly strangling the middle class to death, all of this will just be the beginning. We will see millions more Americans lose their jobs, millions more Americans lose their homes and millions more Americans living in poverty. The United States is being fundamentally transformed, and very few people are doing much of anything to stand in the way of this transformation. Decades of incredibly foolish decisions are starting to catch up with us, and unless something dramatic is done right away, all of these problems will soon get much, much worse.

[by Michael Snyder, writing for THE ECONOMIC COLLAPSE blog]

 

NORM ‘n’ AL Note: Be sure to see our next blog article, too, for more facts on the same subject.

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

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