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Author Topic: How bad the economy is RIGHT NOW  (Read 895 times)

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Offline Matthew

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How bad the economy is RIGHT NOW
« on: June 23, 2014, 10:23:28 PM »
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  •  In fact, there are 49 million people that are dealing with food insecurity in America right now, and that number is growing.  For more sobering examples of crushing poverty in rural communities all over the United States, please see my previous article entitled “Vast Stretches Of Impoverished Appalachia Look Like They Have Been Through A War“.

    But Hillary Clinton and politicians like her usually only interact with those kinds of people when it is time to win another election.
    And that goes for most politicians from both political parties.

    For the moment, life is good for the elite.  In places such as New York City, Washington D.C. and San Francisco, unemployment is relatively low and home prices are soaring.

    But for the bottom half of the country, things just continue to get even worse.  Just consider the following numbers…

    -According to one recent survey, 26 percent of all Americans have absolutely no emergency savings whatsoever.
    -Approximately two-thirds of all Americans do not have enough money saved up to cover six months of expenses if an emergency arose.
    -Close to half of those living in Detroit cannot pay their water bills.  It is being reported that the United Nations may step in to help.
    -One report discovered that 60 percent of all children in the city of Detroit are living in poverty.
    -One out of every three grocery store workers in the state of California is currently receiving public assistance.
    -According to the U.S. Census Bureau, about one out of every six Americans is now living in poverty.  The number of Americans living in poverty is now at a level that has not been seen since the 1960s.
    -Even if you do have a job that does not mean that you are able to escape poverty in the United States today.  In fact, about one out of every four part-time workers in America is now living below the poverty line.
    -According to numbers provided by Wal-Mart, more than half of their hourly workers make less than $25,000 a year.
    -At this point, one out of every four American workers overall has a job that pays $10 an hour or less.
    -It is a number that does not seem right, but it is actually true that half the country makes $27,520 a year or less from their jobs.
    -Right now, one out of every six men in America in their prime working years (25 to 54) do not have a job.
    -Half of all college graduates are still financially dependent on their parents even when they are two years out of school.
    -One study discovered that nearly half of all public students in the United States come from low income homes.
    -It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.
    -It is hard to believe, but right now 1.2 million students that attend public schools in America are homeless.  That number has risen by an astounding 72 percent since the start of the last recession.
    -According to a Feeding America hunger study, more than 37 million Americans are now being served by food pantries and soup kitchens.
    -Numbers from the U.S. Census Bureau reveal that 49.2 percent of all Americans are now receiving benefits from at least one government program.
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    Offline RomanCatholic1953

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    How bad the economy is RIGHT NOW
    « Reply #1 on: June 23, 2014, 11:42:46 PM »
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  • In my situation, I been out of a job since December 2008.  Despite
    in 35 year time period I was employed between 2 employers.
    I remember when I was looking for a job when I was on unemployment
    insurance, a young lady that interviewed why someone my age wanted
    to work for a clothing store.
    In most cases I filled out an employment application online, and never
    heard from them again.
    Yes, I used up all my 99 weeks a long time ago.


    Offline Marlelar

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    How bad the economy is RIGHT NOW
    « Reply #2 on: June 24, 2014, 06:54:04 PM »
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  • Who is the author of this piece?  I don't see any credits or links.

    Marsha

    Offline Marlelar

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    How bad the economy is RIGHT NOW
    « Reply #3 on: June 24, 2014, 07:42:20 PM »
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  • Having been acquainted w/the abject poverty of Appalachia for 50+ years I have long wondered why there is not the spirit of "self sufficiency" among the people.  They would have a much better standard of living if they returned to living as the pioneers did.  Growing their own food, which can be done on a small scale in spite of the rocky soil, building/repairing their homes from their plentiful supply of stone and wood, raising animals for food.  But instead there is an entrenched mindset of being "beaten down" and looking to the gov't for a "fix".  There seems to be a mindset among the people that they are helpless victims, and it is generational.  I know that Christian Appalachian Project is trying to teach some self reliance skills but they are just a drop in the bucket.

    The entire region seems to have the mentality of the underclass, how do we reverse that and instill a spirit of hard work and sacrifice?  I don't have any answers but I do know that it must come from the people, it cannot be imposed from without.  It would be fertile ground for traditional Catholics to move into and show by example how to live a simple, honest life; conversion would come later I'm sure.

    I think it would be a good place for a monastery too, where monks could share their knowledge of living from the land as they did during the Middle Ages.

    I wonder if land is cheap in W.VA, KY, TN?

    Marsha

    p.s.  listen to Tom Woods discuss the monks of the Middle Ages here, scroll down to talk number 7.