Tag Archive | poverty
America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes
By Michael Snyder April 23rd, 2013 What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of […]
The Tunnel People That Live Under The Streets Of America
By Michael Snyder April 9th, 2013 Did you know that there are thousands upon thousands of homeless people that are living underground beneath the streets of major U.S. cities? It is happening in Las Vegas, it is happening in New York City and it is even happening in Kansas City. As the economy crumbles, poverty […]
21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know
By Michael Snyder April 4th, 2013 If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since the 1960s. Yes, corporate profits […]
An economy of peak food stamp usage, peak Dow, and peak Debt: What does it say about our economy that at the same time the Dow Jones hits a peak?
An economy of peak food stamp usage, peak Dow, and peak Debt: What does it say about our economy that at the same time the Dow Jones hits a peak? The actual number is 47,791,966 Americans that now receive food assistance. What the media does not convey is that the stock market is largely not […]
A World’s Record: More Than 30% of U.S. Population Unemployed
A World’s Record: More Than 30% of U.S. Population Unemployed
Corporatism: A System Of Control Designed By The Monopoly Men Of The Global Elite
By Michael Snyder March 6th, 2013 The Dow is at a record high and so are corporate profits – so why does it feel like most of the country is deeply suffering right now? Real household income is the lowest that it has been in a decade, poverty is absolutely soaring, 47 million Americans are on food […]
Seven million will lose insurance under Obama health law
Seven million will lose insurance under Obama health law President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.
Rise Of The Droids: Will Robots Eventually Steal All Of Our Jobs?
By Michael Snyder, on February 4th, 2013 Will a robot take your job? We have entered a period in human history when technology is advancing at an exponential rate. In some ways, this has been a great blessing for humanity. For example, I am absolutely blown away by all of the things that my little […]
Shocking Numbers That Show The Media Is Lying To You About Unemployment In America
By Michael Snyder February 1st, 2013 Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics? Did you know that the increase in the number of Americans “not in the labor force” during Barack Obama’s first four years […]
The U.S. Has An Even Larger Gap Between The Rich And The Poor Than Downton Abbey Does
By Michael Snyder January 25th, 2013 There are two very different Americas today. In one, the stock market is soaring, high end homes are selling briskly, big banks and hedge funds are rolling in money as if the last financial crisis never even happened, and life is really, really good. In the other America, good […]
Why Americans Are Broke, And Getting Further In Debt
by Tyler Durden Just as the president reminded us yesterday we are not a deadbeat nation, merely borrowing money today to pay the bills of yesterday, so, as the NY Times reports in this all-too-real article, many of the citizens of the US are also living not just paycheck-to-paycheck but short-term-loan-to-short-term-loan. As one debt-consolidation service noted “They’ve been borrowing just to […]
35 Statistics About The Working Poor In America That Will Blow Your Mind
By Michael Snyder In America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can. They are called “the working poor”, and their numbers are absolutely exploding. As a recent Gallup […]
We Are Witnessing The Slow, Tortuous Death Of The American Worker
By Michael Snyder January 14th, 2013 Once upon a time, the U.S. economy produced a seemingly unending supply of good paying jobs that enabled American workers to buy homes, raise families and live the American Dream. But now all of that has changed. Over the past several decades, there have been some fundamental shifts in […]
16 Things About 2013 That Are Really Going To Stink
By Michael Snyder December 27th, 2012 The beginning of the year has traditionally been a time of optimism when we all look forward to the exciting things that are going to happen over the next 12 months. Unfortunately, there are a whole bunch of things about 2013 that we already know are going to stink. […]
Say Goodbye To The Good Life
By Michael Snyder December 24th, 2012 Will this be the last normal holiday season that Americans ever experience? To many Americans, such a notion would be absolutely inconceivable. After all, in the affluent areas of the country restaurants and malls are absolutely packed. Beautiful holiday decorations are seemingly everywhere this time of the year and […]
Baltic Dry Index Report Shows The Global Economy Is In Serious Trouble
The bottom line is that American consumers are broke (and hungry). But not only are we broke, we owe more than we can ever hope to make to pay back the loans we took on during ‘the boom times.’ The notion that we are somehow in an economic recovery while 100 million Americas are classified […]
We Are Witnessing The Death Of Small Business In America
By Michael Snyder December 13th, 2012 Historically, small businesses have been the primary engine of new job creation in the United States. If the economy was getting healthy, we would expect to see the number of jobs at new businesses rise. Instead, we are witnessing just the opposite. We are told that the economy is […]
Cause and effect: Americans who voted for Obama now seeing weekly job hours slashed below 30 as Obamacare kicks in
by Mike Adams December 12, 2012 (NaturalNews) It is the ultimate example of how you reap what you sow: Huge numbers of American workers who voted for Obama are now seeing their own jobs slashed below 30 hours a week as employers desperately try to avoid “Obamacare bankruptcy.” Obamacare mandates for businesses only apply to […]
Foodstamps Soar By Most In 16 Months: Over 1 Million Americans Enter Poverty In Last Two Months
by Tyler Durden 12/09/2012 And we thought last month’s delayed foodstamp data was bad. The just reported foodstamp number for September was a doozy, with 607,544 new Americans becoming eligible for foodstamps, as a record 47.7 million Americans are now living in poverty at least according to the USDA. The monthly increase was the highest since May 2011, and […]
15 Signs That The Economy Is Rapidly Getting Worse As We Head Into 2013
By Michael Snyder How can the mainstream media claim that the U.S. economy is “improving” when it is painfully obvious to anyone with a brain that the middle class is being absolutely eviscerated? According to numbers that were just released, the number of Americans on food stamps rose by more than 600,000 in a single […]
Unemployment Is Not Going Down: The Employment Rate Has Been Under 59 Percent For 39 Months In A Row
By Michael Snyder December 9th, 2012 The mainstream media is heralding the decline of the official unemployment rate to 7.7 percent as evidence that the U.S. economy is improving. But it is a giant lie. The truth is that unemployment in America is not actually going down. The percentage of working age Americans with a […]
From Good Jobs To Bad Jobs To No Jobs ~ The Tragic Downfall Of The American Worker
By Michael Snyder There was a time in America when virtually anyone that wanted a job could go out and get one and the United States boasted the largest and most prosperous middle class in the history of the world. Sadly, those days are long gone. Back in 1969, 95 percent of all men between the ages […]
Hungry For The Holidays: 20 Facts About Hunger In America That Will Blow Your Mind
The following are 20 facts about hunger in America that will blow your mind… #1 According to one calculation, the number of Americans on food stamps now exceeds the combined populations of “Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, […]
Black Friday Madness: Tent Cities Set Up to Buy Consumer Crap
John Galt Activist Post They don’t call it Black Friday Madness for nothing. Once again, as in years past, America will go wild and demonstrate the worst of humanity; including fights, near riots, knocking down children, and full-on degeneracy — all in search of America’s Holy Grail: a good deal. And it has arrived earlier than ever before, […]
The Worst Economic Numbers In More Than A Year
By Michael Snyder With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year. For example, it was announced on Thursday that initial claims for unemployment benefits have hit […]
