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Posts Tagged ‘Middle Class’

12 Ways - US Economy In Worse Shape Than Was During The Last Recession

An “economic collapse” is unfolding right now before our very eyes. But what most people really mean when they ask about these things is that they are wondering when the next great financial crisis will happen. Here is a bunch of charts and statistics that show that economic conditions in the U.S. are already substantially worse than they were during the last recession.

Economic Inequality and the Gold Standard

Economic inequality declined in the US from 1917 to the early 1970s when Nixon took America off of the gold standard. The trend has been for greater economic inequality ever since. Part of the answer to the problem of economic inequality is to return to an honest and sound monetary system including — but not limited to — the gold standard.

Does This Look Like A Housing Recovery To You?

The chart that you are about to view 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?

If Economy Is Recovering, Why Is Labor Force Participation Rate At A 36 Year Low?

The percentage of Americans that are either working or looking for work is the lowest in 36 years. There are over 100 million working age Americans that are not employed right now. If the percentage of people in the labor force continues to decline like it has been, what is that going to mean for the future of our society?

Failure Of The Fed Complicates Its Endgame

To demonstrate it hasn’t failed, the Fed must taper/withdraw its monetary heroin. The abject failure of these policies to aid Main Street while heaping wealth on Wall Street greatly complicates the Fed’s endgame. No matter what the Fed chooses to do, the failure of its policies will soon be revealed to all.

Deadbeat Nation: A Shocking 77 Million Americans Face Debt Collectors

A new research says about 77 million – a stunning number, Americans have a debt in collections. But how is it possible that tens of millions of Americans are in such dire straits? Wages have barely kept up with inflation during the 5 year recovery, as per Labor Department figures. But.. recovery? And consumer confidence at 2007 highs?

Has The Next Recession Already Begun For America’s Middle Class?

In most of the cities in the nation except in a very few, evidence continues to mount that the next recession has already begun for the poor and the middle class. Unless the employment situation in the U.S. starts to turn around, there does not seem to be much hope that the middle class will recover any time soon.

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

According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20% of American families do not have a single person that is working. So when someone (especially the Fed) tries to tell you that the unemployment rate in the United States is about 7%, you should just laugh.

Look At These 17 Facts Before You Believe The US Economy Is Just Fine

No, the economy is most definitely not “recovering”. Despite what you may hear from the politicians and from the mainstream media, the truth is that the U.S. economy is in far worse shape than it was prior to the last recession. This current bubble of false stability will soon burst, and then the real pain will begin.

Why Are So Many People Renouncing American Citizenship?

In recent years, a lot of American people with deep roots here have made the difficult decision to say goodbye to the United States permanently. The number of Americans that renounced citizenship was 221% higher in 2013 than was in 2012 – A staggering figure & symptomatic of a larger trend.

How Economists And Policymakers Murdered Our Economy

US policymakers and their echo chamber in the economics profession have let the country down badly. They claimed that there was a “New Economy” to replace the old economy jobs that were moved offshore. Over a decade, US jobs statistics show no sign of the promised New Economy.

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