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17 Facts That Prove That The Quality Of Jobs In America Is Going Down The Drain

Drain - Public DomainDo you wish that you had a better job?  If so, you are not alone.  In fact, there are millions upon millions of Americans that get up every day and go to a job that they wish that they could afford to quit.  Unfortunately, most Americans end up just desperately holding on to the jobs that they have because just about any job is valuable in this economic environment.  Over the past decade, the long-term trends that are destroying jobs in America have accelerated.  We have seen countless numbers of jobs shipped overseas, we have seen countless numbers of jobs replaced by technology, we have seen countless numbers of jobs taken by immigrants and we have seen countless numbers of jobs lost to the overall decline of the once great U.S. economy.  Unfortunately, even though we can all see this happening, our “leaders” have failed to come up with any solutions.  And since there are so many of us that are desperate for jobs these days, employers know that they don’t have to pay as much.  The balance of supply and demand in the employment marketplace has radically shifted in their favor.  So less workers are getting health insurance these days, less workers are getting retirement plans and once you adjust for inflation our paychecks have been getting smaller for years.  Needless to say, all of this is absolutely eviscerating the middle class.  The following are 17 facts that prove that the quality of jobs in America is going down the drain… (Read More...)

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19 Reasons Why You Can Laugh When Anyone Tells You That The Economy Is In Good Shape

Laughing Woman - Photo by Peter van der SluijsHave you heard the one about the “economic recovery” in the United States?  It’s quite funny, but it is not actually true.  Every day, the establishment media points to the fact that global stock markets have soared to unprecedented heights as evidence that the economy is improving.  But just because a bunch of wealthy people have gotten temporarily even richer on paper does not mean that the real economy is in good shape.  In fact, as you will see below, things just continue to get even tougher for the poor and the middle class.  Retail stores are closing at the fastest pace since the fall of Lehman Brothers, the rate of homeownership in this country is the lowest that it has been in 19 years, one out of every five families do not have a single member that is employed, and one out of every five children is living in poverty.  We are working harder, earning less and going into more debt.  With each passing day, the middle class gets a little bit smaller and the ranks of the poor get a little bit larger.  But at least the stock market is doing great, eh? (Read More...)

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The Real Unemployment Rate: In 20% Of American Families, EVERYONE Is Unemployed

Family Eating MealAccording to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working.  So when someone tries to tell you that the unemployment rate in the United States is about 7 percent, you should just laugh.  One-fifth of the families in the entire country do not have a single member with a job.  That is absolutely astonishing.  How can a family survive if nobody is making any money?  Well, the answer to that question is actually quite easy.  There is a reason why government dependence has reached epidemic levels in the United States.  Without enough jobs, tens of millions of additional Americans have been forced to reach out to the government for help.  At this point, if you can believe it, the number of Americans getting money or benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million. (Read More...)

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18 Stats That Prove That Government Dependence Has Reached Epidemic Levels

Heritage FoundationDid you know that the number of Americans getting benefits from the federal government each month exceeds the number of full-time workers in the private sector by more than 60 million?  In other words, the number of people that are taking money out of the system is far greater than the number of people that are putting money into the system.  And did you know that nearly 70 percent of all of the money that the federal government spends goes toward entitlement and welfare programs?  When it comes to the transfer of wealth, nobody does it on a grander scale than the U.S. government.  Most of what the government does involves taking money from some people and giving it to other people.  In fact, at this point that is the primary function of the federal government. (Read More...)

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Why Meat Prices Are Going To Continue Soaring For The Foreseeable Future

Drought Monitor April 1The average price of USDA choice-grade beef has soared to $5.28 a pound, and the average price of a pound of bacon has skyrocketed to $5.46.  Unfortunately for those that like to eat meat, this is just the beginning of the price increases.  Due to an absolutely crippling drought that won’t let go of the western half of the country, the total size of the U.S. cattle herd has shrunk for seven years in a row, and it is now the smallest that is has been since 1951.  But back in 1951, we had less than half the number of mouths to feed.  And a devastating pig virus that has never been seen in the United States before has already killed up to 6 million pigs in this country and continues to spread like wildfire.  What all of this means is that the supply of meat is going to be tight for the foreseeable future even as demand for meat continues to go up.  This is going to result in much higher prices, and so food is going to put a much larger dent in American family budgets in the months and years to come. (Read More...)

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The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America

American Flag - Chinese FlagHas the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once?  As you will read about in this article, the Chinese are on a real estate buying spree all over America.  In fact, in some cases large chunks of land are actually being given to them.  Yes, you read that correctly.  China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people.  Do we really want a foreign superpower to physically own so much of our territory? (Read More...)

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Top Adviser To The Chinese Government Calls For A “Global Currency” To Replace The U.S. Dollar

One WorldThe former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial and economic crises” and that moving to a “global super-currency” will bring much needed stability to the global financial system.  And considering how recklessly the Federal Reserve has been pumping money into the global financial system and how recklessly the U.S. government has been going into debt, it is hard to argue with his logic.  Why would anyone want to trust the United States to continue to run things after how badly we have abused our position?  The United States has greatly benefited from having the de facto reserve currency of the planet for the past several decades, but now that era is coming to an end.  In fact, the central bank of China has already announced that it will no longer be stockpiling more U.S. dollars.  The rest of the world is getting tired of playing our game.  Our debt is wildly out of control and we are creating money as if there was no tomorrow.  As the rest of the world starts moving away from the U.S. dollar, global power is going to shift even more to the East, and that is going to have very serious consequences for ordinary Americans. (Read More...)

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Due To Extreme Drought, The Number Of Cattle In The U.S. Is The Smallest It Has Been Since 1951

Drought Monitor January 28 2014The last time the number of cattle in the United States was this low was 63 years ago.  But back in 1951, there were only about 154 million people living in the United States.  Now, there are more than 313 million people living in this nation.  The size of the U.S. cattle herd has been shrinking for seven years in a row, and we are rapidly heading toward a beef shortage unlike anything that this country has ever experienced before.  Of course the primary reason for this is the extreme drought which has been plaguing the western half of the country.  As I noted recently, 2013 was the driest year that the state of California has ever experienced, and due to the lack of water ranchers across the western half of the nation have been selling off their cattle to be slaughtered.  If you check out the U.S. Drought Monitor, you can see that almost the entire state of California is officially experiencing “D3 Extreme Drought” right now.  If this drought does not end, we will eventually be facing a food crisis in the United States that is greater than any of us have ever seen in our entire lifetimes. (Read More...)

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If 3 Inches Of Snow Can Cause This Much Chaos In Atlanta, What Will Economic Collapse Look Like?

Atlanta Snowpocalypse - Photo Posted On Twitter by Ryan DuckworthThis week, three inches of snow “paralyzed” the ninth-largest city in the United States, and the highways of Atlanta “resembled a scene in a post-apocalyptic world” according to national news reports.  Hundreds of cars were abandoned on the side of the road, people were spending the night in churches and grocery stores, and many walked for hours in a desperate attempt to get home or find needed provisions.  So if three inches of snow can cause this much chaos in one of our major cities, what will a full-blown economic collapse look like?  Most Americans have no idea how fragile our way of life is.  In the event of a major natural disaster, a massive EMP blast or a complete economic meltdown, our lives would change very rapidly, and most people are totally unprepared for that. (Read More...)

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The Worst Drought In The History Of California Is Happening Right Now

California DroughtDid you know that 2013 was the driest year ever recorded in the state of California?  And did you know that so far this is the driest January that the state of California has ever experienced?  The worst drought in the history of California is happening right now.  Just check out the current conditions on the U.S. Drought Monitor.  About two-thirds of the state is experiencing “extreme drought” at the moment, and Governor Jerry Brown says that it is “not likely to rain for several weeks“.  Unfortunately for California, the truth is that the weather in the western half of the country is simply returning to historical norms.  Scientists tell us that the 20th century was the wettest century in the western half of the United States in 1000 years, and that extremely dry conditions are normally what we should expect for most areas from the Pacific Ocean to the Mississippi River.  If long-term conditions truly are “returning to normal”, then the state of California could be heading for a water crisis of unprecedented magnitude. (Read More...)

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