The Beginning Of The End
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20 Ordinary Americans Talk About The Economic Despair That Is Growing Like A Cancer All Around Them

MicrophoneThere are hundreds of formerly prosperous communities all over America that are being steadily transformed into rotting, decaying hellholes.  The good paying middle class jobs that once supported those communities are long gone, and they have been replaced with low paying service jobs if they have been replaced at all.  When you visit those communities, it is almost as if all of the hope has been sucked right out of the air.  It can be absolutely heartbreaking to look into the hollow eyes of someone that has totally given in to despair, but unfortunately the number of Americans that are giving up on the economy continues to grow.  Today, the labor participation rate is the lowest that it has been in 35 years, and more than 100 million Americans are enrolled in at least one welfare program.  It is easy to say that they should just "get a job", but as I have written about repeatedly, our economy simply is not producing enough jobs for everyone anymore.  The percentage of working age Americans with a job has remained at the same level that it was at during the worst days of the last recession, and meanwhile the quality of our jobs has continued to steadily decline.  Median household income has fallen for five years in a row, but the cost of living continues to rise rapidly.  The middle class is being systematically shredded, and poverty is growing at an alarming rate.  The U.S. economy has been in decline for a long time, and the really bad news is that it appears that this decline is about to accelerate.

We are a nation that consumes far more wealth than we produce.  We are a nation that buys far more from the rest of the world than they buy from us.  We are a nation that has a "buy now, pay later" mentality.

As a nation, we have accumulated the largest mountain of debt in the history of the world.  40 years ago, the total amount of debt in our system (government, business and consumer) was about 2 trillion dollars.  Today, it is more than 56 trillion dollars.

The consequences of decades of incredibly foolish decisions are starting to catch up with us, and it is those at the bottom of the food chain that will suffer the most.

I could spend the rest of this article quoting 30 or 40 more statistics that show how bad things are, but today I wanted to do something different.  Today, I wanted to share some quotes from some of my readers about what they are seeing where they live.  The following are 20 quotes from ordinary Americans about the economic despair that is rapidly growing like a cancer all around us...

#1 David:

"Yes, the American economy is in the pits. I know five languages, have three degrees (including two graduate degrees), and have lived overseas for 16 years and I still can't find a job in the USA. Everything is broken in America. Maybe I should give up my American citizenship."

#2 Zach:

"I've been struggling since I finished college in the summer of 2010. My dream is to work in the courts, law enforcement but it's almost impossible to get a call back for an interview. I interviewed with Garland, Texas PD for a position in the city jail and I made the final 30 of 300 applicants that applied for the 3 positions."

#3 Akitawoman:

"I have two Master's degrees, am 61 years old and earning $10 per hour. What does that say about the current economy?"

#4 Cincinnati Dave:

"I work for one of the banks mentioned in your article. I was in mortgages. I saw all of this coming, so several months ago I asked to get into another area of the bank and fortunately, for me, they granted by request. A lot of people are losing their jobs and there is really no prospects out there for anything else whereby the same kind of money could be made. I will make nothing near what I had been earning but am at the least grateful to be employed. This is all so sad to watch happen."

#5 Iceman:

"I used to work for WF processing mortgages. The week that the rates went up, I was out of work, not one extra week of work."

#6 Tim:

"The U.S. economy is producing mostly part-time, low-wage jobs. These jobs barely pay enough to put food on the table."

#7 K:

"What I am aware of, is every person I know, who had to switch jobs in the last five years took a pay cut. The smallest cut among my friends was 10%, the average was closer to 18%. No we are heading down a bad road, and we are past the point of no return."

#8 Makati:

"After spending most of my life in the middle class, I now consider myself lower class due to age and income. Nothing wrong with that. I am still able to provide myself with what I need and some of my 'wants'. I am like most retirees today."

#9 Mondobeyondo:

"As many of you already know (but maybe some new members of this blog don't) - I live in Phoenix, Arizona. Where you live here, determines (to a great extent) your economic well being. Those in the "East Valley" - Chandler, Gilbert, Scottsdale, etc - have the jobs, the opportunities and the transportation. Those in the wealthier areas of the "West Valley" also have these benefits.

The remainder - those who live in the older west side of town, and the south side of town - are mainly forgotten and left to struggle. Many are hard working citizens who just want a chance. Unfortunately, chance costs money, in the view of many people, and as far as the municipal government is concerned, there's no money for us. It's cheaper to let them live in a tent in the park, where the cops at least have an excuse to evict them."

#10 2Gary2:

"We are no longer the land of opportunity where anyone can make it."

#11 GOM:

"There is no middle class here in the Florida Panhandle. Only folks who have money are the retired and they hate everyone. They own all the antique stores [big business] and most thriving businesses and restuarants. Military is big here, they spend every dime they have on stupid stuff and taxis. Tourist are way down since the spill. Now for the good news. A major food chain here is going out of business [Food World] Another is losing 20k a month to theft. Every other property it seems is up for sale. There are tons of empty real estate [store fronts] There are thrift stores opening everywhere. People are selling goods on the streets, only to be run off by the cops. Crime is getting out of hand. Most don't go out after dark. Police are beating up the homeless at the beaches. Panhandling now is mainly younger people. Where did all the older ones go?"

#12 Rodster:

"In my area which is SW Florida, it's been getting tighter for my customers so on a case by case basis I lower my price when they need auto repairs. I still find road signs advertising homes for sale (cash only). Many are advertised as foreclosed.

 

I've started seeing people living out of their cars. It's not a daily occurrence but I have been noticing it."

#13 Devery:

I have been looking after the homeless now for 4 years. Last winter I had an encounter where I was told that I could not hand out blankets and sleeping bags in the dead of winter and that I would be arrested for trespassing if "me and my friends" didn't move along.

So, I adopted the policy that I would pull up next to them, have them get in the car and we would go for a drive. I would find a place to pull over and give them what they needed then I would drop them off in a different place.

#14 Robert:

"Around where I live in the SE, things seem ok but I live in a university town. Go to some of the surrounding small towns and it is desolate. Car dealerships closed. Entire streets with abandoned stores. The only activity is a one clerk post office. I know people in our church who are a paycheck away from going over the edge or going over due to a spouse dying and losing one of their social security checks. I see grim. More homeless. A local church is feeding many more including some folks living out of their cars---lots of children. Mostly minimum wage jobs in the area. If it were not for the university and its 34,000 students, this place would look as bad as the smaller communities."

#15 TN Gal:

"Here in southeast TN we have jobs, mostly part-time or low wage. Our problem these days are so many people dependent on government programs no one wants to work. They do better on programs than working partying and paying for insurance. Housing still very depressed. Seeing more homeless around and local churches straining to provide food. Crime is up and drugs, which were down, are coming back with a vengeance. Middle class here are senior citizens on SS, younger retirees not the older ones. Older ones seem to be struggling. Sad."

#16 Deb:

Michael, I live in North Central Illinois. About 60 miles southeast of Chicago. The town we live in has about 8,000 in it. Very "middle class" farm community. Unemployment is high and so is underemployment. We know many people living off 2 part time jobs. That seems to be the norm around here. Or people taking jobs that they would never of considered in the past, just to get by. My son used to work for CAT in Aurora, but was "let go" in order to bring in new workers at a lower pay scale. It took him over a year(which really isn't bad) to find a part time job with 3M.

#17 Susan:

"Drive around Los Angeles at 3:00 AM any day and you will see the devastating and pervasive homelessness from 8 to 80 year olds.  And the massage parlors and hookers on the streets of used to be 'high-end' neighborhoods are exploding. No other way to make a living."

#18 XSANDIEGOCA:

"A couple of years ago it was reported 9K people a night slept in their cars here in San Diego County. Special car parks are set up in some church parking lots. The cops look the other way. Wonder what the figure is now?"

#19 Jimbo:

"My own viewpoint is that a collapse of the current economic system is inevitable and imminent."

#20 El Pollo de Oro:

"During a conversation on prepping, someone recently said to me, 'If things get half as bad as these preppers think they will, I don't want to be alive.' So, how bad will things will get? Real unemployment is already at Great Depression levels (John Williams' Shadow Statistics contradicts the BLS' bogus figures), but when this depression deepens, I think we'll be looking at 50% or 60% unemployment easily. Much worse than the 1930s. It will be absolute hell for millions of Americans, and when the money stops flowing down to the man on the street, the blood will flow in the streets (Gerald Celente). Lots of it."

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  • MichaelfromTheEconomicCollapse

    Do any of you have any additional stories of economic despair to share?

    Michael

    • Rodster

      I offered my neighbor in my apartment building a chair my mom used to use before she passed away. It was a worn chair and my neighbor told me it was for an elderly friend who did not have money to buy furniture so he would clean up the chair for him.

      I also offered to give some food and he said his Church’s food bank is in dire need for food for the poor and needy.

      The way things are going I may need a handout LOL.

      • markthetruth

        The only way to make money is to get on a reality Show or Game Show (you see how much they win these days) or Sports. Otherwise you better be a Straight A Student and Top 10 in your School.

        the end…

        • Jimbo

          You could become a Bond Trader like Tony. You don’t even have to have a basic grasp of economics or reality for that matter.

      • squashpants

        Where the opportunities present themselves, we really need to take care of each other in the ways that you talk about here. For me, it is the biggest issue I have with prepping. How will I be able to watch my neighbors perish while I manage to survive. I think I will have nightmares.

    • kowaba

      As a 20 something, I’ve yet to get that elusive full-time job. After graduating from college and doing a stint overseas, returning to the U.S. I’ve found that things had gotten worse since I had been gone.

      I was lucky enough to get a part-time job here and there within a year of my returning. Now, I’m working part-time at a school and have been doing so these past few years. Hopefully, I could get a full-time job there to pay off more of my student loans. Oh, and by the way, I’m underemployed.

      On another note, because of your blog, Michael, it has helped motivate me to continue my efforts towards prepping.

    • Syrin

      Daily. Want to hear the stories? VIsit any ER in any city in America on any night. However, these poor are also huge drug seekers which is usually the main indication for them visiting the ER in the first place.

      • HawkEye

        There are MANY ways people self-medicate from the pain and suffering of a totally dysfunctional ‘society’. Have compassion for those who slipped from their own grasp on life.

    • smokin jello

      No Mike I have blessings to share. When i lost my job i was blessed enough to have a friend let me stay at her place until i was able to get my job back. When my job went out of business i was blessed to have my parents give me a place to stay this year. That ends in november but i still have a blessing left. A tent and a bit of money i saved. Times are tough mike. I fiure i’m getting a head start in frontt of eveyone else. I know i am not the only one in this situation so my thought isto keep my head up and keep persevering. And when i can… be there for those that i can help. God bless and best wishes to everyone.

    • K

      Heating fuel already over 4 dollars a gallon. The driver who delivered mine, was saying how few were filling their tank. Just could not afford to. This could be a bad Winter, to try to make it on less then a full tank.

      • MeMadMax

        Best time to refill is in Nov.
        I usually run a fireplace till nov then switch to propane. Propane and heating fuel price(swings) are generally pretty close to each other.

      • TtT Engine

        I’m paying $3.71 gal when I buy diesel fuel from Hess on the East Coast. Delivered would be $4.0-$4.25. It is a lot of buggy lugging, but I’m saving 30-55 cents a gallon. Diesel fuel is the same as heating fuel. I have several 5 gallon containers. I use 750 gallons to get me through the winter. I don’t have to outlay large sums of money. Christi Fidelis !

    • MeMadMax

      Back in 2009, me and my family were living in a decent 4 bedroom house with a garage. Then I lost my job. We had 2 months worth’ of money saved up. After 1 month, having found no job(and prospects VERY slim) I notified the landlord that we were leaving(no lease, month to month rent).

      The landlord came over and we had a little pow wow. He said that we could stay there for another month and that we could pay him back. This introduced a conundrum: We could stay, live in comfort for another month. But have very little chance of getting out of the situation, while leaving the landlord Bad. Meaning owing him money that we couldn’t pay back while also blowing our one month reserve money. OR, we could leave now, go somewhere else, live in hell with other familiy members in cramped living conditions for a little while until we figured something else out.

      We took option B, and left. We still haven’t quite recovered, but we didn’t end up homeless because we didn’t gamble our money away on that last month of comfort. My conscience also feels better that we didn’t leave that landlord in a bad way.

      I also feel this is how our economy/politicians are behaving. They are picking “option A” from my example: Gambling all the money away on hopes of finding a way out of this mess even thou there is a slim to none chance that there will be a way out. They should’ve took the “slightly hard” option back then, as the consequences have now only gotten worse.

    • MWD78

      Lost a full-time job in ’10, been unemployed/underemployed ever since. burned thru my 401(k) just trying to keep a roof over my head and food on the table. Always looking for work, but can’t find anything full-time or more than 20 hours, not even on the night shift. I was out of work entirely for almost a year and a half before “lucking out” into a part time retail job, but it wasn’t even covering my rent, let alone food and everything else. I ended up losing the apartment, giving up the job and moving in with family in another state. that was a year and a half ago. Here, I’m finding out what an employer’s market it really is these days. Companies asking for Bachelor’s Degrees and bilingual in spanish as a requirement for a part-time $9.50/hr job. In just over 100 years we’ve come around full-circle to the days of the robber-barons all over again. You can’t make an honest living with your hands anymore, and you can’t even rob people because they’re broke too. I’m 35 with 15+ years of work experience, I can’t even imagine what its like for the kids just getting out of school and trying to pay off student loans. It just makes me sick if I think about it too much.

    • Peace Angel

      I have lost two businesses and my home which was NOT on a mortgage that came close to exceeding my income. And I work with young college graduates in an effort to help them find careers and there are NO jobs out there that these kids can fill because no one trains anymore. ALL businesses today want experience but not the kind of experience that older Americans provide. THEY put people through tons of online testing and online interviewing and half the time the applicant barely knows WHAT the job description is or how much a person might make. The interview process can literally take a year. Companies are not trying to hire and they want masters degrees and tons of other qualifications and what they really are doing is keeping someone in human resources putting out job postings for jobs that may or may NOT even exist. America is over and I agree with the person who says “why would anyone want to be here when the SHTF?”

      • KaD

        I have over 6 years experience in my field and if I answer a job ad with 10 requirements and meet 9 I do not hear from them. They WILL NOT train anyone, even slightly. They’d rather sit there with the position open going “We can’t find any good people” when they wouldn’t know a good employee if one bit them in the a**.

        • BonusGift

          Actually, many would rather import another H1-B wage slave they can lord over. The genocide and economic devastation will continue until there are no Americans left to turn out the lights and moral has improved.

    • KaD

      I put mine up and it seems to have disappeared. WTF?

    • Pete

      I’m very shocked to hear all these stories, my heart goes out to you guys. I live in a small Central European country where America has always been and still is the symbol of the land where everyone can turn their dreams into reality. The country I live in is part of the EU and citizens are free to work in any member state. These days people are so desperate and cash strapped they jump on every opportunity there is, sadly those are extremely scarce. One example occurred to me I wanted to share. Work agencies pop up almost every week to post well paying jobs especially in England and Germany. People are promised 2-3k salaries a month. What the agency managers forget to put in the job postings is the real reason behind these ads. Just like everywhere there are run down parts of cities in England and Germany where the locals don’t want to move so appartments are empty. Those in despair from Central Europe are advised by the work agency to have at least 1500 euros at disposal for the beginning just in case although you’ll be making a great living, the jobs we offer will allow you a comfortable life. So these guys go to a loan shark or a bank and get a loan. They travel to England hoping to start working right away, instead they receive accommodation in one of those shanty towns where they are charged the rent, utility bills etc. but all of a sudden no job whatsoever. When asked where is the well paying job we were offered. Answer, a misunderstanding occurred but next week you can start working for sure. Weeks pass, rent is paid, loans from the bank gone but still no job only false hope of a nonexistent job. Then when the money is gone they are forced to return home with a loan, no job. The agency disappeared just to reemerge with the same crooks under a different name. But no problem there is the next group of desperate cash strapped people who impatiently wait to start working in England or Germany. Well that’s a new low people sink to but I see new lows occur over and over again and I wonder how low people can sink. Peter

  • James

    I was recently in Kenya. I was robbed and midlly injured, I fear that that poverty there will come here. This was back in June no terrorist attacks were occurring but I don’t know with the military being downsized and our society being dysfunctional Ijust fear that we are not far from being a third world country.

    • Syrin

      Have you seen pictures of Detroit? There are huge areas of inner cities in major urban areas throughout the US where the police WILL NOT GO TO. We are already there, and it will only get worse.

      • James

        No trust me Detroit is bad but the people there have electricity in Kenya the poor don’t. Additionally, Detroit is only one city. Finally, one big difference food stamps enable them to eat. In Kenya malnutrion is much more common.

        • Sven

          James, a 1 or 2 yr old figure, Detroit shut of power to 220,000 people since 2009 who can’t/won’t pay their bill. The average food stamp recipient in Detroit receives about $130 a month or so. Could you live of that? This is happening nationally.

          • James

            Sven,
            I’m not saying I could live on that but my point is that in Kenya they don’t even have that.

          • Derrick

            Are you sure? food stamps are not the only way to get food to the poor.I’m sure Kenya has some measly social programs that barely fit the bill as well i.e. the Kenyan NSNP set up recently by the world bank.

          • Dimitris

            In Kenya there may not be a middle class and some people are happy if they can light a candle at night. Our consumerist society that portrays a have it all lifestyle, puts an extra psycho burden on those who are being deprived of the basic needs

          • tayronachan

            @James, I lived in South America for 27 yrs. I know what you are saying.

          • Bruce Wayne

            most of those same people are trading those stamps for some kind of drugs

        • Hammerstrike

          Electricity paid by White society.

        • Adrian

          That’s right, and what do you think will happen when the GOP gets their way and cuts that out? Hence, hollow points and MRAPS

      • Hammerstrike

        These areas should see a lot of tanks and hellfire missiles.

    • Jimbo

      I worked in China and what the average working person there considers to be a good standard of living would be considered abject poverty in the US, UK and Europe.

      It is all relative.

      • squashpants

        I really believe it has to do with how smartly you use the resources you have. We can be considered to be at the upper end of Lower Class, but we have everything we need, a nice roof over our head, never miss a meal, and all the toys we need to make life worth living. And on top of it we are prepping, and thereby increasing our self-sufficiency. I am sure it is nice to have enough money for bigger toys and gourmet food, but I think that lifestyle is way overrated. Use what you have in a smart, frugal way, and don’t give in to greed.

      • Selaretus

        Good point, Jimbo. We have been living way way beyond anything even remotely sustainable (thanks to cheap oil) for much to long. As I was riding my motorcycle to work this morning I was looking across a newly mown lawn, thinking that one day very soon we will look back and realize how foolish it was to waste this irreplaceable, wonderful energy source to mow lawns; a resource we can’t even eat.

        • Sven

          LOL re: lawns. How about this? I just had to power wash the side of my house from all the lawn cutting residue getting plastered to it. I think about the waste every time I work on the lawn. Gotta keep it up though or the HOA will fine me. Or cut the lawn and bill me!

          • KaD

            What really bothers me is the huge waste of water that laws are. I live in the high desert/semi-arid region. It’s ridiculous to ask people to keep green lawns. Let them xeriscape, save the water.

        • Jimbo

          It is unsustainable. When I was a kid nothing got thrown away and food was bought unprepared (no boxed meals in the freezer etc.). Empty glass bottles were returned for refunds and holey socks were darned. Clothes were passed down the line to the next kid or to another family down the street. The Chinese live like that now.

          • Ralfine

            I still live like this. darn the socks, patch the jeans from inside, fix the soles of the shoes with tyre repair kit.
            when i feel cold at home, i do some situps and pushups and dress in warm clothes. I still have a pullover knitted by my mom before she got blind. We don’t throw away food, and our fresh herbs come from the garden and window sill.

          • Jimbo

            I fix things rather than throw them out and I buy furniture averaging 70 years old (made of real timber and built to last). I also never throw away food because I plan what I buy. I compost vegetable peelings, apple cores, orange peel, newspapers etc. It makes me laugh to see people buying compost when they probably threw away that amount of organic material the day before.

            It is no effort to do these things.

        • http://www.mycbn.com/ FaithDefender

          Feeling guilty? Give up your motor and ride a bicycle. I did it for four years and it sucks. I worked hard to move up from that, and be damned to anybody that would bring me down.

          • Rob ONeil

            I would actually do this if I worked close to my home. Unfortunatly I work 30 miles from my home. I’ve asked for a transfer closer to where I live but my company has not been able to facilitate that yet.

          • Ralfine

            I did my holidays on a bicycle and in a tent. 800km in a week. it’s fun. im 50 and never owned a car in my life.

      • Sven

        Is it true some make $2.00 a day? What about the average middle class job there?

        • BOB

          3.00

        • Ralfine

          define middle class. minimum wage should be around $100/month by now. trouble is, nobody will work for that. need workers? better pay more.
          there were millions of vacancies in the pearl river and yangtse river because the wages were too low. factories dont have much choice, the price is made by walmart.

      • http://www.facebook.com/profile.php?id=606348246 Jason Weishaupt

        Social tensions are rising in China because China does not know how to keep the poor on one side of town and the rich on the other. I have been to Shanghai, Beijing, Kunming, and Mile in 2011, 2013, and will be going back in 2014.

        • Jimbo

          I was in Zhongshan in southern China and there is gulf between rich and poor. Factory workers do 12 hours a day 13 days a fortnight for just enough money to get by. I imagine that we in the west will be living that way very soon.

        • squashpants

          Nice to here from an insider. Thanks.

    • markthetruth

      Sorry, no way you Can Compare Kenya to the U.S. !!! They can run Marathons Faster then anyone, i give them that.

      the end…

      • BOB

        trying to get the h— out of Kenya

    • jacklohman

      How are you liking it so far?

      Here there is not a politician hurting, what with $178K salaries from us idiots. And they take campaign bribes from the 1% to keep wages down and for ObamaCare to keep part timers in vogue and to ship our jobs to lower-wage countries. All while the net worth of the wealthy increases at the cost of the 99%.

      ONLY a near-100% turnover in 2014 will get their thoughts shifted to fixing our country, and ONLY public funding of campaigns will get us there. REGARDLESS of your party, vote against the incumbent!

      • sharonsj

        One of the politicians making $178,000 complained he had a hard time living on that. I get $12,000 in Social Security, which is the average, and $54 a month in food stamps. If that guy ever gets close enough to me, I’m going to punch out his lights. The rest of them need to go to jail.

        • jacklohman

          You are correct… technically… but we idiots will re-elect them instead.

          • squashpants

            Idiots are the only ones who will run.

          • Rob ONeil

            @Jack: what is one supposed to do with only our 2-party (virtually corrupt steered by special interest groups) system??!!!

          • jacklohman

            My view, Rob, is that we *MUST* throw out the 90% of politicians that are killing our country, and I think we need to start a system of pledges. If they do not promise in writing to support public funding of campaigns, they’re unelected.

          • Ralfine

            the us has 31 political parties.

            try electing one of the other candidates.

          • Adrian

            Here’s what would change things, but it won’t happen, barring some major collapse. The people take to the streets, and as many as possible simply STOP everything they are doing: no planes fly, no garbage collected, no police, etc. Occupy congress, refuse to leave until our demands are met.

      • Adrian

        Voting is like a dog chasing it’s tail. Both parties are owned by the same folks, both parties are actually one party with the illusion of difference. They differ on minor issues to perpetuate the illusion.

    • El Pollo de Oro

      James: If you’ve been reading my rants, you’ve heard me say that economically, The Banana Republic of America (formerly Los Estados Unidos) is becoming more and more like a Latin American country (filthy rich minority, poor majority, small or nonexistent middle class). But I’ve spoken to some preppers who think I’m much too optimistic and that the BRA will end up more like Haiti or Sub-Saharan Africa (you know someone is expecting the absolute worst when they call me an optimist!). I think we’re going in the direction of Guatemala, they think we’re going in the direction of Ethiopia.

      Well, I recently met a young woman here in Philly who is originally from Ghana. She had visited Appalachia and said that the rural poverty she saw in parts of West Virginia reminded her of what she saw back in Ghana.

    • 2Gary2

      did you see obama?

    • Adrian

      We already have greater income inequality than many 2nd and 3rd tier countries (Mexico, Venezuela, etc.).

  • Rodster

    Quote: “We are a nation that consumes far more wealth than we produce. We are a
    nation that buys far more from the rest of the world than they buy from
    us. We are a nation that has a “buy now, pay later” mentality.”

    This is why I think that when we collapse, it will be LIGHTS OUT for the global economy and you will have chaos and panic around the world.

    I really hope i’m wrong about this.

    • Jimbo

      There is the other side of the coin where the fat kid leaves the party and leaves more for everybody else.

      • Rodster

        Yeah but fat kids usually eat a lot more that’s why you stock up on more supplies! :)

        • bob cratchette

          fat kids are tasty with barbeque sauce

          • Clem

            It’s the Big Ribs that make them so tasty.

      • Syrin

        The fat kid is buying all the goodies from everyone else. When the fat kid stop spending, the stores will close.

        • Jimbo

          But the Fat kid is just paying with worthless paper. Maybe the other kids will trade in something of greater value.

          • HawkEye

            Alternative currencies, barter, trade, time banks. And the smart kids are already building an alternative system

            publicbankinginstitute. org

          • JoeD

            Hate to break it to you but everyone’s playing with worthless paper. Whoever’s worth the least wins.

    • http://americandictators.blogspot.com/ WarriorClass III

      Beware the “controlled opposition” that will bring this country down just as fast as Obama, while pretending to be “conservative.”

      “Secondly, I believe we should expand legal immigration, reduce the barriers, reduce the waiting periods and I’ve introduced two amendments to significantly expand legal immigration, to double the caps on legal immigration from 675,000 to 1.3 million and to increase temporary high skilled workers by 500%.” – U. S. Senator Ted Cruz

      • Aeffesstoo

        Legal immigration is not a problem. To try to paint Cruz as not being conservative because he supports Legal immigration is a lame attempt to divide conservatives.

        • http://americandictators.blogspot.com/ WarriorClass III

          The most direct attack on America is the expansion of legal immigration to this country. Almost half the people currently living in the US are here as a result of the Immigration Reform Act of 1965. The work and student visa program, green cards and refugee programs make illegal immigration look puny.

          Contrary to the current meme, our country was not founded by immigrants – it was founded by colonists that forged a new country out of the wilderness for themselves and their posterity. It is our inheritance and it is being sacrificed at the table of political correctness, just as surely as Esau gave up his inheritance for a pot of stew, Americans are giving up their inheritance for the porridge of a false self-righteousness of “multiculturalism” that is nothing but the death of the American way of life and freedom.

          These brainwashed Eurotrash socialists and third world bottom-feeders have no history or tradition of natural rights, and in fact have never heard of the concept, or understand that the Constitution was an attempt to codify those natural God-given rights. They do not understand what our Founders understood – that men who are drawn to centers of power are by nature the worst among us, and that laws are needed to keep them in check. They do not understand or respect that the Constitution was written as a witness against the fallen nature of man, and that it is as timeless man’s nature, which has not changed, and will not be out-dated until that nature has become angelic.

          The descendants of America’s founders are being replaced with a foreign people, and this was by design. The American gun-owning, freedom-loving middle-class was the biggest obstacle to One-World-Government-equally-distributed-misery plans of the international bankster cartel. It was no accident that American wages started stagnating in 1970 and have decreased ever since. Simple supply and demand. Since that wasn’t enough, more jobs were moved overseas and more foreigners were moved in to take the jobs still here.

          Ben Johnson said this about the The 1965 Immigration Act in an article for FrontPageMagazine in 2002:

          The 1965 Immigration Act: Anatomy of a Disaster By: Ben Johnson | Tuesday, December 10, 2002

          “Despite the overwhelming assurances of the bill’s supporters, the 1965 Immigration Reform Act has remade society into the image its critics most feared. Immigration levels topping a million a year will increase U.S. population to 400 million within 50 years. Meanwhile, exponents of multiculturalism insist new arrivals make no effort to assimilate; to do so would be “genocidal,” a notion that makes a mockery of real genocides. Instead, long-forgotten grudges are nursed against the white populace. Native citizens take to flight as the neighborhoods around them, the norms in their hometowns, are debased for the convenience of low-paid immigrants and well-heeled businessmen. All the while, indigenous paychecks drop through lower wages and higher taxes collected to provide social services for immigrants. And this only takes into account legal immigration.

          “Americans must realize demographic trends are not inevitable, the product of mysterious forces beyond their control. Today’s population is the result of yesterday’s immigration policy, and that policy is as clearly broken as its backers’ assurances were facetious. A rational policy will only come about when native Americans place the national interest above liberal howls of ‘prejudice’ and ‘tribalism.’”

          Its only gotten worse since Ben penned this article.

          At a time when unemployment is at an all time high, “Conservative” Senator Ted Cruz wants to expand legal immigration, most of who will vote Democrat or Big Government Republican once they get here and take your job.

          This is a war against the American People and Culture, and the Americans are losing badly and don’t even understand why. Most Americans blame only illegal immigration which is a fraction of the problem, and miss the bigger picture of legal immigrants.

          I often hear people ask the question of how America became such a divided Nation. Now you know. Americans have purchased so many firearms that many manufacturers of military pattern semi-automatic rifles are back ordered for a year or more, and ammunition has doubled in price, when you can find it, and there are now at least 100 million gun owners in the US. DHS has purchased over 2 billion rounds of ammunition and “assault rifles” for personal protection. America is preparing for a civil war, and to deny it is whistling past the graveyard of history.

          • BOB

            Bravo! Couldn’t have said it better.

          • Lennie Pike

            Bravo is right!

            These people with no knowledge of natural rights, if not already, will be voting soon. Voting themselves into positions of power, and without the tradition of justice for all, will not be extending the same courtesies that good hearted freedom loving Americans had extended to them.

            Your Second Ammendment Rights will be voted away, and you will have to get used to being pulled over by a newly arrived immigrant police officer that you can barely understand – he will be armed of course.

          • Sammy

            Sorry but it is short sighted to lay blame on legal immigrants. There are plenty of legal immigrants who not only are loyal to the Constitution but have contributed immensely to America. In fact they make up for the useless natural born Americans who don’t even know what the word Congress means, or even renounce their citizenship.

          • http://americandictators.blogspot.com/ WarriorClass III

            It’s no coincidence that the Democrat party has become marxist and the Republican party has become more Big Government RINO since the massive immigration invasion since the Immigration Reform Act of 1965. Regardless of the few good immigrants you have met, the majority do not understand American history or our culture of freedom and limited government and they vote that way. The thing people fail to understand is how few free countries exist in this world. Most countries are socialist or totalitarian and most immigrants will come from socialist/totalitarian countries bringing with them their socialist/big government views and voting habits. They will not be educated in the founding principles of our country or our constitution; even our own children are not taught these things in our government run schools. And our country and our freedoms will be irrevocably lost in the tyranny of “democracy.”
            Only a return to our roots, to our Republic, to our constitution and a moratorium on immigration can save this country from the abyss of tyranny. This will not happen unless “conservatives” like our commenter educate themselves both in our history and and what it will take to turn our country around by freeing themselves from the Democrat/Republican trap of Left/Right thinking to a comprehension of freedom verses tyranny, and understand the tyranny of democracy.

            But understand this, when democracy turns to tyranny (and it always does), the armed citizen still gets to vote. And we will vote for our country and for the freedom of American citizens. Make no mistake about it.

          • GSOB

            I praise you for this portion….

            “The thing people fail to understand is how few free countries exist in this world. Most countries are socialist or totalitarian and most immigrants will come from socialist/totalitarian countries bringing with them their socialist/big government views and voting habits. They will not be educated in the founding principles of our country or our constitution; even our own children are not taught these things in our government run schools. And our country and our freedoms will be irrevocably lost in the tyranny of “democracy.”Only a return to our roots, to our Republic, to our constitution and a moratorium on immigration can save this country from the abyss of tyranny. ”

            Amen

          • Roland11

            After going through the naturalization process with my foreign born spouse, I have no mercy for criminal illegal aliens. Hunt them down and deport them and fire all politicians who support them. And seize all their assets like we do with the drug dealers!

        • sharonsj

          It IS a problem when Microsoft won’t hire Americans because they can hire East Indians for half the salary. P.S. the new hires are also expected to sleep on cots in their cubicles so they can be on constant call–and they do!

          • Dude1

            I stopped by buying Microsoft software anyways …Every product they make has an open source equivalent.

      • DDog

        Our only hope is to restore the Constitution. If we would of demanded our elected officials to follow it we would not be in this mess in the first place.

  • Bill

    Most people are too embarrassed to leave a comment and the rest are afraid to loose what pride they have left by admitting to their dire situation.

  • Rodster

    Here’s a great example of how bad things have gotten. From Zerohedge:

    Making $100,000? Then Flipping Burgers May Be In Your Future

    “As Bloomberg reports, the former vice president of marketing for Oral-B juggles two part-time jobs: one as a $10-an-hour food demonstrator at Sam’s Club, the other flipping burgers and serving drinks at a golf club grill for slightly more than minimum wage; a sad but all too real reflection of the new normal ‘job’ gains that our economists and politicians love to crow about. Why is he still working? Like most Americans, he didn’t save enough for retirement (despite working hard his entire career). About 7.2 million Americans over 65 were employed last year, a 67% increase from a decade ago as 59% of households headed by people over 65 have no retirement assets.

  • Syrin

    Ask all of them the following three questions:

    1) Do you vote for the authoritarian or libertarian each election?
    2) What is quantitative easing?
    3) What are FEMA camps and/or the DHS?

    • Jimbo

      Answers
      1. I don’t vote, politics doesn’t interest me.
      2. Some kind of laxative?
      3. I went to Fat camp last year. Next year I might try that FEMA camp. Do they serve Ice Cream?

      ;)

  • markthetruth

    Now China Doesn’t have enough work for there population they want employees to retire at 50 and Collect their SS at 65, that leaves them 15 Years in Limbo. The cancer is spreading !

    the end…

    • cannuck21

      Having lived in China for 8 years I don’t remember any form of SS being offered to their people. What I do remember is that Chinese people, in general, had ‘families’ (grandparents, uncles etc) to fall back on when hard times arrived. ‘Family units’ which we in the west have dispensed with some years ago.
      May I suggest that we pray for guidance and help during these increasingly hard times – be sure that they will become even harder. And some special prayers for the younger generation who have seen their hopes and dreams crushed.

  • markthetruth

    The only way to make money is to get on a reality Show or Game Show (you see how much they win these days) or Sports. Otherwise you better be a Straight A Student and Top 10 in your School.

    the end…

    • MeMadMax

      That does not guarantee a job and in some cases can hamper you from getting one(overqualified)…

      • HawkEye

        Education and 30+ yrs. experience in real estate law, contracts, finance, legal research, construction and entrepreneurship in several fields won’t get you in the door either. I seem to intimidate those younger (and older) wherever I look…. Everyone just hanging on to what they’ve got and guarding their turf…

      • markthetruth

        Recruiter’s always take the top Ten Students from Colleges .

        the end…

  • Tatiana Covington

    I recall another country with countless forsaken veterans… economy falling apart… completely incompetent leadership… and worthless currency.

    The Weimar Republic!

    And look how that turned out.

    Take the hint.

    • MeMadMax

      The downfall of Weimar was imposed from outside sources(Allied Powers). Nothing could have prevented the fall except for the APs. The only one to stand up for Germany? United States….

  • Again, Not me

    And who did those 20 ordinary Americans vote for the last two elections? Ron Paul?

    • MeMadMax

      It does not matter because the end result is the same… Only with a new face and brand name >_>

  • Paul

    I live in Cleveland, Ohio. The city is suffering economically. I work in an office. Back in late June, my boss got laid off. This month, the company I work for went through another round of layoffs. A co-worker one cubicle over got laid off. Thus, I am next to two empty cubicles. One that used to be occupied by my boss. The other by the co-worker who just got laid off. People now jokingly call me the lone wolf. I am thankful I did not get laid off yet. However, I feel for my former co-workers. Both are in their early fifties. My former boss laid off three months ago has gone to Chicago and Nashville for job interviews. There is not much around Cleveland.
    About 15% of the people at my current place of employment were laid off.
    People who write articles claiming the economy is improving are parasites. It does not take a rocket scientists to realize our debt based economy is unsustainable.

    • markohio

      Paul,
      Being someone just south of you straight down 77 let me say, you are spot on. They truly are parasites. Even though Cleveland is a little less than an hour away. I avoid it at all costs. It has gone way downhill since I used to work up there in the late 90′s. Granted, where I am things are definitely not much better either. Same things here economically speaking.

    • djc

      Another NE Ohioan here east of Cleveland in the snowbelt. In my neck of the woods people go TO Cleveland for a better economic climate than our small town–thats how bad it is economically where I live-Really.

      The thing that saddens me is this is happening, at least somewhat, because of NAFTA. The people who caused our manufacturing base to collapse did so with full knowledge and IMHO, malice, toward the American worker. This will not end well for anyone.

      djc

    • Adrian

      I bet you are also taking on the workloads of your former colleagues, working harder with the same pay.

  • iceman

    I used to be an undertaker ( Hence the name iceman) I never though I would ever get laid off but I did. Most people get cremated now. You don`t need a skilled undertaker anymore. Just wrap them up in an old sheet ( This is where the old hospital bed sheets go) put them in a particle board box, push them in, light it up and just walk away. You can get a fourth grade dropout to do it!

    • Rodster

      Yup, sorry to hear that Iceman. Earlier this year my Mom passed away from Dementia and I couldn’t afford a proper funeral so I had my Mom cremated. In my area a basic cremation as you referenced is close to $2,000. I found a place that a friend knew which took of the service for $875.

      It’s all about our worthless money these days. Prices keep going up for everyone.

      • iceman

        We wanted to open up a business that had about eight crematoriums that we would charge you $650 for a service. You would get the remains in a plastic urn and you would decide what you wanted to do with it. Those ovens would be lit 24/7 but we couldn`t get the loan. each crematorium cost back then about $80,000 each and I felt that we could have done a real service for our community but no.

        • Rodster

          That’s too bad regarding the loan. People today can use your services. If a basic cremation is in the range of 2K. I would hate to think what a proper funeral with an open casket would cost? :(

          Yeah they put my Mom’s remains inside a plain small box which contained a plastic bag.

          • iceman

            Back in the 1980s a medium quality service was about $6,000. The social security was $225 and if you were a vet, they might kick in $500.00 and give our widow a flag.

        • sabretooth

          Cremating less than 3 bodies a day would have paid off the loan in a year. Too bad. The service will be needed more as funeral costs increase.

    • Annie from Indiannie

      Sorry iceman. But middle class can’t afford funerals and burials anymore. I had to cremate my dad. It was under $1,000. Compared to a $9,000 burial. Sad times we are living in..

    • Sandbagger

      My dad has told me if it were legal, he’d be fine with a simple pine box and buried in the backyard. I want the whole “shebang” for him, but definitely can’t afford it.

      If things keep heading down “the road to recovery” (sarcasm), Americans may soon have to resort to that kind of burial for their loved ones.

      Thanks for what you did. It’s a service that’s appreciated, iceman.

      • iceman

        Thank you very much! The hardest service was for kids. It just didn`t seem fair!

      • fred

        It IS legal, look into it. you can build/provide your own casket and the funeral home cannot so much as hassle you about it. you can dig the grave too. check for yourself.

        • iceman

          Yes! traditional Jews would bring their own totally wooden coffin! No metal was allowed on these coffins. The funeral home had to accept it but it was required to buy a burial vault at the cemetery.

  • parrots_abound

    The powers that be could EASILY spur growth in the U.S. by cutting the Income Tax and taking the same percent off the top of Military spending.

    But NOBODY from either party will touch THAT!

    • SmallerGovNow

      Cutting the top of military spending is a drop in the bucket. all of military spending is roughly 800 billion in a 3,400 billion budget with 2,400 billion tax receipts. if you cut the entire DOD you are still “only” down to 2,600 billion of spending. now we are completely defenseless and with millions in the MIC out of work too. then you want to cut the income tax by 800 billion and now we are right back to trillion dollar annual deficits. so you see, tinkering with one part of the budget will NOT work. we need complete return to constitutionally limited federal government and rebuilding of our manufacturing base. stop all the off shoring of USA jobs. quit buying from Japan and China…

      • Nexusfast123

        That won’t happen. It’s all too profitable so it will continue. The US population is expendable from an economic/business perspective.

        • Aeffesstoo

          It will continue until the wheels come off. Then things will change.

          It’s a pity we can’t do something about it until enough people are crushed by it though.

      • BOB

        Obama is decimating the DOD budget. Severe cuts to the primary job of the Fed Gov’t (protection of the US populace.). And re-distributing it to the 47%.

        • Gay Veteran

          awwwww, the poor Pentagon

    • Tom_F

      We need to cut the tax-takers as a percentage of the population. Stop paying them to have babies they can’t raise or afford, the rest of us are stuck with the bill.

      • “V”

        Wait until Obamacare is fully implemented……….

  • osprey

    ask these people, how many voted for OBAMA or their “favorite” democratic congress idiot? Or even their favorite republican RINO?
    Basically, we get the leaders we deserve and now we will all suffer.

    • Sven

      What I don’t understand is everyone complains about the leadership and when the 50% who vote go to vote, they vote in the same people! What’s going on with that?

      • “V”

        LOW INFORMATION VOTERS!!!

      • Louise in MO

        They are Stupid!

  • SmallerGovNow

    Good article Michael thanks. As i read the “ordinary people” comments above i recall reading many of them in the comments sections of previous posts. I often read comment sections in addition to the stories to feed on the “pulse” of the country. thanks…

    • panama hat

      To be honest, all I read are the comments.

  • FounderChurch

    We have abandoned God, and He has abandoned us!
    We have killed our children with birth control and are now occupied by foreigners who hate us.
    We have allowed parasites & criminals to rob us.
    We are doomed unless we change our ways.
    Google “founderchurch”

    • TtT Engine

      Amen ! God’s Hand remains outstretched and open. All we have to do is grab It and be faithful to His Word before the elevator hits the bottom floor. Christi Fidelis !!

  • GoldDust

    Maybe we should call this president Obarter since he’s worse than Carter.

  • billy bob

    Keep voting democraps and republapukes in keep getting sos,now that’s not to hard to figure out is it?

    • “V”

      I have only voted Libertarian and Independant the last four election cycles. I give up on the Demoncats and the Repukeians.

  • That Guy

    I’m European and I just came back from a 4 week vacation in West America. The trip was amazing! I love the nature you have! The people are nice once you pass that invisible barrier. I visited about 54 cities on my way and what I saw was pretty scary. I will tell you this: if the US doesn’t change it’s ways, you won’t be able to maintain your infrastructure and you’ll turn into a 3rd world country in 20 years from now. And the clock is ticking, already 1/4 of your time has passed.

    • Vlad Lenin

      @3a38426646e3209aad9c510fd59ca590:disqus points out another ticking time bomb (that’s for the folks at NSA and DHS who are watching). Folks, there just ain’t enough money to cover all these expenses. This boat is sinking.

    • Hank Kingsley

      How’s the Euro working out for you? I mean apart from the mass unemployment, gutted middle class (especially in countries bordering the Mediterranean) and covert banker bailouts via the Euro Central Bank which is the baddest of bad banks on the planet. And what about the undemocratic EuroSoviet Union? They sure seem to love the bankers, but not you. Enjoy the mass immigration from ‘Arab-springistan’.

      You can go to any major city, particularly in western Euroland and find massive ghettos filled to the rafters with freeloaders who also hate your (our) guts.

      The western world is going down together, and no one is even trying to stop it… besides, its long past the point of no return, no one will vote for whoever proposes the measures needed…

    • TampaBayMan

      Re: That Guy

      Don’t gloat! The EU is not in any better shape. And when we go down so will the EU with us.

      • Emma

        You are correct, Europe is in really bad shape. Large parts of Europe is `´socialism gone wild“. We are struggling with all those immigrations from Africa and Arab countries knocking on our doors. Hopefully Europe will soon change and we will be able to send some of our problems back.
        Socialism is impossible in a non homogeneous country. Actually the country that succesed the best with dividing wealth is Japan, guess what, they are a homogeneous society. They do not take immigrants.

        However things are going well for some european countries. But you are right, the southern European countries need to work their problems out, it is alreay quite tough there. But I do not agree with you that all of Europe is going down. Some countries have quite low unemployment rate, and most the households have far less debts than the average american household.

  • Fernando

    I work for a American tool company and in the next 6 months we’ll fire about 4600 people. Nothing new out there but this is the first time I work for a company that doesn’t even bother to try to raise the sales forecast and is willing to go straight to costcutting.

  • Sad Editor

    I am a medical records editor (what used to be called a med. transcriptionist before the PC police took over). I am responsible for your doctor’s dictation to become an accurate report for your permanent medical record when you get medical care. I have to know as much as a second-year medical student, know the doctor’s terminology and style, make critical decisions about any errors I may hear in the dictation, make sure lab values are correct, diagnoses match, etc. My pay has been dropping since 2000. Now I make as much as a McDonald’s worker–that’s right, minimum wage to be the guardian of accuracy of YOUR medical records. So much for the big-paying health industry jobs at all levels. Pathetic, isn’t it?

    • stop this crazy thing.

      If anything, health work should pay the most. We have our priorities so screwed up it cannot go on for much longer.

  • SafetyViking

    I think #20 nailed it pretty well. Things are bad & will get MUCH worse. #11 is right also. I, too, live in the panhandle, and there is definitely a dividing line here between the have’s & have-not’s; especially in specific areas. Seems like a new ‘thrift’ store opens every week around here.

    • El Pollo de Oro

      SafetyViking: And the ironic thing is that some preppers I’ve spoken to think I’m way too optimistic in my outlook. I say the BRA is heading for Latin American poverty, and they say, “Don’t kid yourself, pal. When the s*** hits the fan, you’ll think you’re living in the Congo or Zimbabwe.” I predict 50%/60% unemployment, and they think it will be even worse than that.

      • SafetyViking

        I would say that’s a fair assessment…

    • “V”

      I am farhter south of you SafetyViking and I too see a “DOllar General” and / or a “Family Dollar” springing up on every other corner it seems.

      • SafetyViking

        Agreed. Historically it seems that the more those stores pop up, the worse things are getting. Another clear indicator for bad times ahead seems to be the increase of commercials advertising payday loans or those fly-by-night ‘colleges’ promising lucrative work in nursing, medical assistant, medical billing, etc. Usually found on the channels showing Springer, etc.

        Pretty sad…

      • El Pollo de Oro

        V: Here’s an anecdote that’s either funny or depressing, or both. I recently walked into a dollar store here in Philly and saw two cops taking a report. Turned out that a family had just been shoplifting. Mom and dad and the kids were all in on the “fun.” You know people have lost all trace of human dignity when they’re shoplifting in a dollar store and are asking their kids to help them do it.

      • merrywriter

        Dollar General offers shares to its employees. These are recession/depression proof. I have shopped in them for years, even when the times were good. No sense in wasting money in Walmart when it’s the same quality. Yes, Saks they ain’t, but that’s not been a temptation for years.

      • iceman

        In Minnesota, There are payday loan stores popping up everywhere. Normally one had to go to the bad part of Minneapolis to see that. Now it is out in the suburbs. Next will be a sell your blood clinics!

  • Jim Davis

    That Obama recovery sure is going great.

  • Jodi

    A couple of years ago I lost my job of 13 years, I wasn’t making a lot of money but much, much more than I make now. It took 14 mos. to find a new job & I bring in about half of what I used to make. We still do make it but it’s much tighter now. We have cut back on a lot but I’m grateful to be employed again.

  • Selaretus

    The transition from an ordered society through its collapse to one with a much lower standard of living and level of activity (technologically) will be the most painful part; the long emergency, as Jim Kunstler describes it. If we could snap our fingers, have a rapid and universal collapse, it would go much better.
    To just be at that level overnight would seem to be easier to deal with.

  • ian

    i have no degree, speak one language, and haven’t been unemployed longer than 2 months in my life. Just sayin…..

    • hyio

      Someone have little or no education is easier for a boss to use or bossing around with cheap labor/pay.

      • El Pollo de Oro

        Hylo: Good point. I’ve seen a lot of very educated people dumb down their resumes so they can at least get some type of job, which is a very sad commentary on this country.

      • ian

        or maybe college educate people need to learn some work ethic and quit assuming that they are entitled to a good job because they were dumb enough to fall for the marketing of the diploma mills known as modern day colleges.

  • ian

    what the hell are you talking about. i lived in frisco, and the signs are most certainly not in all chinese, unless you go to chinatown which has been there since about 1930. Morons.

    • Tom_F

      I like that you call it “Frisco”.

      • merrywriter

        True natives call it that.

        • Tom_F

          @merrywriter, yes, true natives with 6 years in The City. Nice!

    • merrywriter

      You mean 1849 – So I would erase the word “morons.”

  • jakartaman

    I am wondering when the collapse will hit and what do folks think will be the straw. Will we bleed out as in a thousand cuts or will it be quick and devastating?

    • “V”

      I wonder that too. I think it will be a thousand cuts, they are going to let us all die slow so as not to bring attention to it on a massive scale. The low information voters will not know it until it is too late.

    • kfilly

      It depends. I heard that was the reason for Syrian conflict. The crooks need a cover to hide their corruption. If the crisis in Syria exploded, it would’ve provided just that. My guess is quick, but there will be a big even as a predictor.

  • http://www.displayad.com/ California Architect

    How many delinquent homeowners have been living in their homes for years without the banks foreclosing? If that’s a large number, and the banks decide to start foreclosing, I can see this so-called recover reverse itself.

  • TonyS

    If we look at the data between 1970 and 2007, real hourly wages in the US have increased by 4% over 36 years. During the same period of time, our productivity has doubled by 99%. US workers productivity increased 25 times more than his/her pay. As productivity increases, it hasn’t translated in benefits for everyone, as it should. The pie gets bigger and bigger, but not everyone benefits. We had increased productivity and stagnant wages for the better part of thirty years. This is the problem which is tied to the financialization of our economy.

  • Judith A Bradley

    Hared working people built this country and the
    elected officials who are running it have run it down . I don’t know anymore what country I reside ….we are in a bad way for this nation on so many different issues …We have and are paying for failure ..or is this by design ?

  • TonyS

    In economics, we have the concept of economic rent, where payments excedingly surpass what’s required to mobilize factors of production. A perfect example would be Wall Street. It serves only its own interest, with very parasitical business pricatices. It adds economic rent to every aspect of our lives.

    If we analyze the vast majority of income flowing up to the 1%, the majority of their activities are paraditical and ultimately useless, whether you’re a CEO of one of the big invest banks in the financial sector or some trust fund baby living off of a trust fund. Marginal productivity theory is ultimately BS. People in the mainstream media still try to rationalize such ridiculous concentrations of wealth at the very top. They actually claim that these people deserve it due to their marginal contributions to production. I wish I could LOL, but this destruction and decaying of the middle class with send us right back to what his country was like in the 19th century – a feudal nightmare.

  • DrLexus

    Good article. What are the solutions?

    • TtT Engine

      Harvest our gargantuan energy resources responsibly. Tell the enviro-pagans and OPEC to go to grass. Retire the utopian failing wind mills and solar panels as a replacement for traditional energy. You will see a massive modern day economic-industrial revolution and R/W/B boom times will be here again. North Dakota and Ohio get the picture. Christi Fidelis !

    • GSOB

      Acts 17:30.31

      to start with.

  • Brad

    Maybe it wouldn’t be so bad for some if they would stop spending money on ugly A$$ tattoo’s.

  • tray2000

    i live in capital of mystery Babylon, ( for all of the non enlightened that’s new York city ) we still have the federal express,…sorry i,.. mean federal reserve pumping 80 billion dollars a month into wall street,.. so the party is still going on in nyc,.. but no one is hiring ,..and salaries are stagnate

  • “V”

    I work a full time job, had a 3% pay raise last year, first one in Six years, been employed there nearly 17 years. The last 4 years I have worked a part time job, zero raise. The full time job is with the public sector the part time job is in the private sector. I listen to both sets of coworkers telling stories of there struggles (the ones they share) and it is clear that things are tough all over. Stagnant wages, rising cost fo living. Whether it is increasing utilities bills, insurance costs, auto / home repairs etc.etc. It is no wonder places like Red Lobater and Olive Garden are hurting, people simply cannot afford it. Too much uncertainty not enough financial or employment security.

  • chinamen

    When the economy collapses the chinamen are going to invade the US and takeover to expand their territory and slave the sons of the founding fathers. Jajaja.

  • Saintmatty

    I live in a well off section of the country that has been discovered and people are flocking here in groves. Sales tax revenues are soaring as a result. People are opening new businesses and I have noticed help wanted signs on places of businesses, just like the good old days. You might have to move to find work. Times are tough. Try to do things that other people do not want to do. Smile and be grateful-don’t complain in public. Trust God. God has promised in his word that he will never leave or forsake us. The only thing that does not change is God. Jesus Christ, the same yesterday, today, and forever.

    • Mike

      Where are you at?

      • squashpants

        One of the Dakotas, I bet.

      • saintmatty

        I love my ma and I love my pa going to go see them down in Arkansas.

  • mike

    In the DC area there seems to be two classes of workers: gov’t workers and everybody else. The government workers (or those who have jobs as government contractors) comprise the middle to upper middle class in DC, northern VA, and MD. You see them riding their BMW’s everyday on 495 headed to their jobs. Then you have everybody else. We are the people who work the service jobs to wait on the government workers. We are the ones who live far away from the middle class elite of DC. You see, I actually live in Baltimore. But in Baltimore the economy (and job prospects) are so horrific that I have no choice but to drive to DC to wait on the government workers…just to make enough to scrape by. It is a real travesty as to what has become of this nation. My father told me that when he was a teen all he had to do walk down the street and he’d have a job. His first job ever was at BG&E (Balt Gas & Electric) as a field engineer. He had no college degree and no experience. He made enough money on his first job to buy a large home (at 23 yrs old) and support 2 kids and a wife. That same job he held now requires a minimum of a bachelors degree and 10 yrs experience. This shows me how far the economy has slid in 40 years. The jobs do not exist. And the few good jobs that are around have competition from workers all around the globe. We are now living during the collapse of the American empire. Brace yourself because it is going to get much worse.

  • lucio

    I use to work for the phone company, I actually studied to get that job. It was specific studying that I did, just for that job. I was there 14 years, I thought I would retire there. Before that I spent 10 years at another company doing work similar to that. I kept up with the technology that was being implemented and I thought I was valuable to them, found out different. HB1 visas and the company contracting out work to less qualified people. I had to help the new guy get settled into my job. I don’t know what will happen to him, I wished him luck and didn’t make a scene. The union failed me as it did everyone else who lost their jobs. I was laid off in 2008, along with thousands of others. I think on that specific day 500 employees were walked out of their jobs. Several hundred more every day before and after that, and I hear from a friend that has friends that still work there that the same thing is still happening. They practically want to run it on a skeleton crew. Anyway here I am my first day at WalMart begins this Wednesday, stocking food in the grocery department. A man of 42 making 7.70 hr. My manager will be a young girl younger than my daughters. I wonder what I will encounter? Here I go, it was the end of my world in 2008, only I didn’t know. Now I know, it will get worse, I hope I don’t end up on the street.

    • Mike

      Don’t worry! Any job is still job. Keep being brave and work hard.

  • squashpants

    I live (retired) in Minnesota, and although the state has had Democrat administrations for ages, they apparently are doing something right, economically. The state unemployment rate is below the national, and where I am, I see no evidence of a lot of poverty. Of course, I am in a college town, so you have students and faculty both of which are middle class or upper middle class. The local farmers (and there are a fair number of family farms as opposed to corporate farms) seem to be holding their own.

  • Seen2013

    The US economy is certainly in a death spiral. It is completely dependent on its world’s reserve currency status to create demand for US Dollars particularly through OPEC chaired by Saudi Arabia. It’s quite simple. If the world’s reserve currency status is dissolved for even so much as the Western’s political and financial elite’s basket alternative, the US Economy topples creating adversity within the US borders. It’s quite simple our foreign policy is whatever Saudi Arabia wants; it gets. Failure will simply entice it to switch to China and the BRICS as it is the main alternative to Western interests.

    How bad is the US economy?
    Well, capital creating jobs are an endangered industry in the US; Consumerist-Service economies tend to be very tertiary in which capital for capital accumulation is only affordable at the political and financial top, the jobs become increasingly scarce, and castes form.

    It’ll get much worse. People who crave power will surely use the adversity to further centralize power, which is the central premise behind the ideology of Bismarkianism.

  • Rene Girrard

    Bell Helicopter here in Ft. Worth announced 290 layoffs today. I think they were fighting with union guys, so Bell just said Adios.

    • condaggitt

      Unions have shot themselves in the foot so much it might as well be cut off…

      I mean Taking a pay cut and then sharing in the profits each year sounds better then no job or hiring non union workers at half pay..

      I think unions are still needed to some degree to protect workers from abusive bosses, that seems a reasonable request, imagine if you went to the bathroom, and instead of peeing you got the runs, so you took 10 minutes too long and the boss fired you even tough he could smell your poo everywhere..

  • Louise in MO

    Absolutely heartbreaking to read these stories. If this is just the beginning, God help us when the end comes in view. It will definitely bring out the best or the worst in people.

  • LifeandLiberty

    I have believed for some time now that we have been in a depression but by design most of the real misery is hidden. Unemployment checks, food stamps and most if not all government assistance is electronically funded to banking accounts. All of which has replaced the long lines we all grew up seeing in the history books in black and white pictures. Out of sight out of mind. If those lines existed today action would have been taken immediately.

  • merrywriter

    Call9jg it the Great Recession is another one of the media’s government run scams. It’s a Depression, plain and simple.

  • Karma

    YES AMERICA. TIME TO PAY FOR WHAT YOU DID.

  • Ray

    its funny how now that poverty is staring to affect others it is being talked about, I read this article and thought to myself, as a black kid growing up in America in the 70′s this is all we knew, the thing is, when we were kids we didn’t realize just how poor we were. the whites didn’t care becuz the vast majority of them lived pretty well back in those days. But now the rooster is coming home to crow and articles like this one want’s to talk about how tragic this situation is, HYPOCRITS, if America wud have cared about all of its citizen from the start and not just a select group maybe this day of reckoning wud not be upon her. There is a bible saying u reap what u sew America is now about to start reaping what she has sewn. This article also mentioned how the one’s at the bottom of the food chain will suffer the most,,,{ just one more example of Americas racist views} becuz everyone knows who this article is referring to by sayin that, but that may be the case but people who have suffered for so long are use to suffering it comes with the territory

    • Nickelthrower

      Greetings,

      I grew up near Detroit and watched the entire part of the country turn into what we now know as the “Rust Belt”. Trust me, it wasn’t a black or white thing growing up there as the poverty was unavoidable when the factories closed.

      I could not understand why the rest of the nation abandoned us to this fate so that a few people at the top could become rich. It just didn’t make sense to me.

      Now, everyone is about to find out what it is like to live in Detroit and I can tell you guys that you are not going to like it one bit. Not one bit.

  • http://www.mycbn.com/ FaithDefender

    Welcome to the jungle, where the only law will be that of the strong; dog eat dog. If you are happy with that, you had better bone up quick. May God be with you.

  • ian

    i choose to live a simple life. i am an artist and i am not very materialistic anyway. Maybe if all americans chose to switch to a more simple way of life, we wouldnt be in the shape you all claim we are in.

  • condaggitt

    Gary you should rephrase that since there is a big sign at my Citibank branch they are hiring with a bonus…..

    One catch..you must speak some foreign language..

    Yup No English only need apply…..I see this all over NYC… so its probably the same everywhere college degrees dont matter lots of people have them and 2 or 3 of them too….but foreign language skills…I cant believe people would be out of work for long….unless you refuse to be say a bank teller in the meantime.

    —————————–

    #10 2Gary2:
    “We are no longer the land of opportunity where anyone can make it.”

  • oatka

    We are reaping the benefits of NAFTA, “Free Trade” and “Global Competition”.

    Whenever I wrote the CEOs of these fleeing companies and told them that all they were doing was laying off each others’ customers, all I got (if they answered at all) was a paternalistic pat on the head on how all of this was good for me and America. Same response from the politicians.

    At the time, when I tried to sound the public alarm bell on this (door-to-door and work-to-worker pamphlets), I was looked upon as some kind of nut. To this day you still get some of the Know-Nothings who preach that line of malarkey.

    We are going through a ’30s style Depression again, masked, as others have pointed out, by all the government hand-outs. Unfortunately, unlike the last Big D, which was over in 10 years, this one will go on and on until someone here or internationally yells “Hey, the emperor has no clothes!”. I think it will be a while yet, but it most certainly is coming.

  • Fred

    Common thread?: Big gov’t wants you to rely on them. It’s much easier to keep you pacified.

  • simpleman56

    SW TN, I have been disabled for 25 yrs, I lived alone until 2 yrs ago. My step daughter & her husband & 2 young kids moved in with me. He got laid off from AT&T & then went to work as sun contractor doing the same work for AT&T for half the pay, he worked 10 months & all 116 ppl were laid off & the jobs posted on the net the same day at $8 a hour, use your own truck & gas, no binnes, AT&T sucks! The only jobs hhe has found are 100 miles drive 1 way at low pay doing the same thing at AT&T!
    My disability is getting worse & I pay all the bills, my daughter buys the food from her job at a fast food manager, I fear when the SHTF, we will all be homeless. There is no work period unless you know someone with pull in the gov!
    I warned them & family members in 05 there was a crash coming but no one believed me, now friends & family are having a hard time & then you add Fukushima Radiation to our daily diets & you will see a great increase in cancer in the USA, the MSM says nothing about it, but it is a threat to the whole world, wake folks it’s going get worse soon!

    • Jen Price

      I saw it coming as well, but nobody listened because I’m a self-educated, low-income woman without sheepskins to back up my knowledge.

      I’m waiting for people to come to me for me to teach them survival skills when the doodie REALLY hits the fan! Hopefully I’ll have my sailboat to liveaboard by then…

  • just the facts

    just leave us alone

  • Ralfine

    The problem seems to be storage, or the lack of it. Storage, or savings, of money. People live like there is always money coming in and no problem any time, never a crisis.
    Can’t do this. There is always a problem just around the corner, even if it’s just a but too much snow, or a storm disrupting supplies.
    In capitalism there is always a crisis in sight per decade. In good times you need to prepare for that. Not just hope for a better job, but cut down on expenses – all the companies do. And dont give your life away for promises. if the company needs overtime done, they have to pay for it or have the shareholders do the required work.

    • Jimbo

      So many people live day to day based on an assumption that everything will be the same tomorrow. They shop today for today and keep very little in reserve.

      This has never happened before in history. Even hunter gatherers would dry meat as a reserve supply.
      The biggest issue today is that not only do people shop today for today, they pay with money they haven’t earned yet (credit).
      Meanwhile, a large number of people can’t even do basic things like cook a meal from scratch, light a fire, catch a fish or skin a rabbit. Also a lot of people are now chronically unfit.

      When the burger joints shut down and there is no fuel for their cars, how will they feed themselves?

      • Ralfine

        and the funny thing is, cooking from scratch is cheaper than buying prepared meals or fastfood.
        and it is fun and creative, too.

        • Jimbo

          I have a friend who eats out or buys takeaways and only has snack foods in his refrigerator. He doesn’t own a single tool (not even a screwdriver) and he will call a plumber to fix a simple leak. He pays someone to mow his lawn, wash his car and clean his windows. His wife uses a laundry service to wash and press clothes. He doesn’t even know how to check the oil level in his car. He earns the same as me and he has a huge mortgage, car loan and 2 credit cards.

          He is amazed that I am mortgage and debt free?
          I am not a scrooge, I just live within my means and I don’t waste money paying other people to do things I can do myself.

  • Rebel

    #20 El Pollo de Oro:”During a conversation on prepping, someone recently said to me, ‘If
    things get half as bad as these preppers think they will, I don’t want
    to be alive.’ So, how bad will things will get? Real unemployment is
    already at Great Depression levels (John Williams’ Shadow Statistics
    contradicts the BLS’ bogus figures), but when this depression deepens, I
    think we’ll be looking at 50% or 60% unemployment easily. Much worse
    than the 1930s. It will be absolute hell for millions of Americans, and
    when the money stops flowing down to the man on the street, the blood
    will flow in the streets (Gerald Celente). Lots of it.”

    Best comment I’ve read in a long time! This one is Priceless!
    The only difference between now and the depression is credit. Without the ability to borrow what we can, times would be worse than the depression. And that time is coming soon after the banks have milked us all for every cent they can get.

  • 2Gary2

    #7 is so true

  • Nic

    “Enter the United States of America at your own risk”

    Department of Scareland Security

  • tayronachan

    Living in a small eastern NC town, pop 2,500. Main street has about 60% vacancy rate for the commercial buildings. That’s for the buildings that are still standing and not vacant lots.

    Any jobs to be had are at one of the two Dollar stores, at one of the two supermarkets, the gas stations, or at the fast food joints.

    We used to have two clothing mills here, they went overseas.

    Probably 40% to 50% of the people don’t have jobs, I don’t know how they make it. I have two part time jobs, and am happy I have that much.

    Hard drugs have come here with a vengeance, mainly heroin and oxycodone.

    Food prices have gone up too.

    But, the Hispanics are all employed working the tobacco fields at $8.00 an hour. And with a couple of roommates, you can then rent a house or apartment. Yippee (not).

    I have friends that are farmers, and I’m looking at that as a fall back plan. That’s right, before I become a slave of “the state” I’ll go out and pick tobacco, or go back to driving a tractor or combine for….wait for it….$8.00 an hour. Welcome to the New World Order.

    • the Vicar

      I’ve been making $8 an hour for twenty years. I even went back to school and got a bachelor’s in 2009 in order to improve my situation. The result? I’m working the same job I had when I was going to school. You guessed it, $8 an hour.

      My ma? 60-hour weeks at $8 an hour.

      One of my two brothers also makes $8 an hour. The other one is unemployed, now he’s going back to school. I tried to warn him against it, he wouldn’t listen.

      I guess it could be worse. I could have no job. Or fast food, although even that would still be $8 an hour.

      I’ve gotta say though, $8 an hour bought a lot more when I started my jobs career back in 93 than it does now.

      • tayronachan

        @the Vicar, and that’s really the main problem isn’t it? That $8.00 an hour bought a lot more 20 yrs ago.

  • Jakob Stagg

    It must be what the government wanted. Everything they have done got us here. Perhaps concentrating the homeless will make the Hellfire missiles more effective.

  • KaD

    I feel such despair it’s difficult to go on. I lost my job in 09, worked ten months since then. Went back to school and got a degree-now my six years experience in the field is ‘too old’. My guy lost his job this month. We’ve been through SO many bad years in a row that in a week or two we’ll run out of money for food. UI doesn’t kick in for him for 6-8 weeks. No medical, no dental. I’ve tried even Starbucks, BK, Sears, everything. I keep hoping I’ll either have a nice big stroke/heart attack and be able to go on disability or just die in my sleep. I want to do good things in the world, give to charity, help my friends who are struggling, but you can’t with NO money, and when NO ONE will even give you a chance. They’d rather keep these jobs open and tell everyone ‘we can’t find any good employees’. I’ve won awards at all my jobs in the past 10 years.

  • pkill

    You voted for Democrats, Liberals and Socialists.
    They hate freedom, people who can make money and create jobs.

    Why let people do what they want, when they might not stay dependent on you? Power requires control. Control requires power. You are just the collateral damage in the power elite system.

    Next, they will close the “FREEDOM LOOPHOLE” by tightening the noose around your neck.

  • http://www.socionomics.net/press/book_reviews/Calderwood_TomorrowsHeadlines.html David C.

    When times are tough, suicides rise dramatically.

    I tell my sons (all adults), Plan Z is move home. It may be the Last Resort, but it affords time, and a great deal of patience is demanded by these difficult times.

    We had 30+ years of, as a society, living on borrowed money. It may take 16-20 years or more (2000 was the top as I count it) to get past the low. Somehow, people, don’t give up. The next week, next month, or even the next year it could all reverse and be good times again for you, but you’ll only see it if you didn’t give up.

  • Hammerstrike

    Bank printing money reduces profits for everyone else.

    Time for the yankees to do thiiings like in the kick-ass movies (or the Parisians back in 1789).

  • the Vicar

    “We are going through a ’30s style Depression again, masked, as others
    have pointed out, by all the government hand-outs. The last Big D was
    over in 10 years.” — Oatka

    I’d suggest looking at the Long Depression of 1873-96 (that’s 23 years, for those of you who are math-challenged like me) for an example that might be more in-line with what’s happening now, as opposed to the Great Depression, which is what everybody compares this current cycle to. It really consisted of 3 distinct phases, capped by the Panic of 1873 that started the whole shebang, and the Panic of 1893 that marked the beginning of the end of the cycle.

    One notable thing about it is that during this time Great Britain lost their industrial edge over the rest of the world, and set the stage for Germany to overtake it in industrial production, which in turn set the stage for World War 1, which was the war that shocked the world. World War 2 was far more devastating in real terms, but in psychological terms it was definitely World War 1.

    Depression–>Germany overtakes Britain in Industry–>War

    Sound familiar? It should. The parallels to today are frightening.

  • Adrian

    Great article! Keep them coming.

  • Sev

    Sounds about right. How about a fulltime worker earning $10.00 per hour and owing $48,000-plus in student loan debt? That’s me. I make $1200 per month after all taxes, etc are pulled out and my loan payment is set at $348 per month. Um, yeah, I have been deferring and/or forebearing that payment since 2007 if that tells you anything. Rent is up in CA, so when you make $1200 working a full time job and have rent at $800 per month, you are NOT paying your $348 student loan payment on top of that. It’s an either-or thing and I can’t see that changing anytime soon.

  • Jen Price

    I saw the housing bubble burst coming a few years before it happened and have been telling everyone I can that if they think things are bad now just wait!!

    I’m now looking for a way to get my hands on a liveaboard sailboat that I could modify with some solar panels, a water desalination system and electric outboard motor. I was going to build a tiny house but with a liveaboard boat there are no property taxes or zoning laws and if you’re tough and self-sufficient you can drop anchor somewhere for free. Add a bicycle for land travel and you’d pretty much have a zero carbon footprint to boot!!

    Cheap food like rice, beans, dehydrated or freeze dried fruits and veggies can enable you to eat a nutritional diet on about $1.50 a day and if you can build a floating dock you can grow enough food for one person in about 144 sq. ft. With a composting toilet and greywater use you’d barely ever need to go back ashore!!

  • simpleman56

    How yall like these O Care Health Ins Increases!??

  • Aeffesstoo

    My statement was that legal immigrants are not the problem, illegal immigrants are. Are you arguing that your wife is a problem? If so, send her home!

    • Emma

      Legal immigration from undeveloped countries is a burden. I hate to tell you, I am European and it has brought nothing good to our countries.

      IQ differs from people of different races. And IQ is mostly inherited. They majority will never catch up with the rest of society, (unless they are from east Asia or parts of Europe).

  • tacoma

    Today, just about all countries have central banks to issue their money and currency. The central banks can issue all the amount they want because the backing by gold is long gone. But, really, the currency has to be tied to something in order to worth something. The tie-in is the value of production and trade.

    When a country national debt is zero, its currency is the value of production & trade. For every dollar in debt, the currency value decreases a bit, which for small amount can be easily made up for later.

    When a country national debt is 100% of GDP (a measure of production and trade), then its currency value is mathematically zero. Simply because 100% of production & trade must be used to pay off the creditors, in theory.

    Today U.S.A. national debt is exactly 100%. Beyond this, most economists agree that a point of no return will reach and it is mathematically impossible to reduce it. Debt will compound automatically no matter what you do, and the currency will be worth less in equal amount no matter what the central bank do. The economy becomes a cancer spreading to other organs and WILL kill the patient. Because more and more tax, jobs, wealth, production and trade are needed to pay the mounting debt. Or equivalently, the central bank must issue more and more money just to pay debt, meaning the money is worth less and less.

    This is why there are so many more poor people and so few good jobs. Because people with good jobs must contribute more and more to repay the creditors.

    This was how the French revolution and Russian revolution got started, just to name two.

    The second American revolution is in the horizon, the conditions for it to start are in place. All it takes is some trigger. You know, this stupid and sorry annual fight on the ‘debt ceiling’ is just a symptom of the times. Every year the fight grow bigger, the differences get ever more irreconcilable, until we will watch the big-bang in CNN. And it ain’t about Syria.

  • rahul

    what will be affect on india ?

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