The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

The Prepper's Blueprint

Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
The End of Obama? Approaching Obama scandal could change the White House Administration and our country overnight... Click Here
Gold Buying Guide: Golden Eagle Coins

Archives

21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know

21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know - Phot by D. Sharon PruittIf the economy is getting better, then why does poverty in America continue to grow so rapidly?  Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since the 1960s.  Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps.  Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless.  That is the first time that has ever happened in U.S. history.  So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke's reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing?  Because if we look at how average Americans are doing these days, then there is not much to be excited about.  In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink.  Sadly, the truth is that things are not getting better for most Americans.  With each passing year the level of economic suffering in this country continues to go up, and we haven't even reached the next major wave of the economic collapse yet.  When that strikes, the level of economic pain in this nation is going to be off the charts.

The following are 21 statistics about the explosive growth of poverty in America that everyone should know...

1 - According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty.  The number of Americans living in poverty is now at a level not seen since the 1960s.

2 - When you add in the number of low income Americans it is even more sobering.  According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

3 - Today, approximately 20 percent of all children in the United States are living in poverty.  Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

4 - It may be hard to believe, but approximately 57 percent of all children in the United States are currently living in homes that are either considered to be either "low income" or impoverished.

5 - Poverty is the worst in our inner cities.  At this point, 29.2 percent of all African-American households with children are dealing with food insecurity.

6 - According to a recently released report, 60 percent of all children in the city of Detroit are living in poverty.

7 - The number of children living on $2.00 a day or less in the United States has grown to 2.8 million.  That number has increased by 130 percent since 1996.

8 - For the first time ever, more than a million public school students in the United States are homeless.  That number has risen by 57 percent since the 2006-2007 school year.

9 - Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last recession began.

10 - One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.

11 - At this point, approximately one out of every three children in the U.S. lives in a home without a father.

12 - Families that have a head of household under the age of 30 have a poverty rate of 37 percent.

13 - Today, there are approximately 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

14 - About 40 percent of all unemployed workers in America have been out of work for at least half a year.

15 - At this point, one out of every four American workers has a job that pays $10 an hour or less.

16 - There has been an explosion in the number of "working poor" Americans in recent years.  Today, about one out of every four workers in the United States brings home wages that are at or below the poverty level.

17 - Right now, more than 100 million Americans are enrolled in at least one welfare program run by the federal government.  And that does not even include Social Security or Medicare.

18 - An all-time record 47.79 million Americans are now on food stamps.  Back when Barack Obama first took office, that number was only sitting at about 32 million.

19 - The number of Americans on food stamps now exceeds the entire population of Spain.

20 - According to one calculation, the number of Americans on food stamps now exceeds the combined populations of "Alaska, Arkansas, Connecticut, Delaware, District of Columbia, Hawaii, Idaho, Iowa, Kansas, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Utah, Vermont, West Virginia, and Wyoming."

21 - Back in the 1970s, about one out of every 50 Americans was on food stamps.  Today, close to one out of every six Americans is on food stamps.  Even more shocking is the fact that more than one out of every four children in the United States is enrolled in the food stamp program.

Unfortunately, all of these problems are a result of our long-term economic decline.  In a recent article for the New York Times, David Stockman, the former director of the Office of Management and Budget under President Ronald Reagan, did a brilliant job of describing how things have degenerated over the last decade...

Since the S&P 500 first reached its current level, in March 2000, the mad money printers at the Federal Reserve have expanded their balance sheet sixfold (to $3.2 trillion from $500 billion). Yet during that stretch, economic output has grown by an average of 1.7 percent a year (the slowest since the Civil War); real business investment has crawled forward at only 0.8 percent per year; and the payroll job count has crept up at a negligible 0.1 percent annually. Real median family income growth has dropped 8 percent, and the number of full-time middle class jobs, 6 percent. The real net worth of the “bottom” 90 percent has dropped by one-fourth. The number of food stamp and disability aid recipients has more than doubled, to 59 million, about one in five Americans.

For the last couple of years, the U.S. economy has experienced a bubble of false hope that has been produced by unprecedented amounts of government debt and unprecedented money printing by the Federal Reserve.

Unfortunately, that bubble of false hope is not going to last much longer.  In fact, we are already seeing signs that it is getting ready to burst.

For example, initial claims for unemployment benefits shot up to 385,000 for the week ending March 30th.

That is perilously close to the 400,000 "danger level" that I keep warning about.  Once we cross the 400,000 level and stay there, it will be time to go into crisis mode.

In the years ahead, it is going to become increasingly difficult to find a job.  Just the other day I saw an article about an advertisement for a recent job opening at a McDonald's in Massachusetts that required applicants to have "one to two years experience and a bachelor's degree".

If you need a bachelor's degree for a job at McDonald's, then what in the world are blue collar workers going to do when the competition for jobs becomes really intense once the economy experiences another major downturn?

Do not be fooled by the fact that the Dow has been setting new all-time highs.  The truth is that we are in the midst of a long-term economic decline, and things are going to get a lot worse.  If you know someone that is not convinced of this yet, just share the following article with them: "Show This To Anyone That Believes That 'Things Are Getting Better' In America".

So what are all of you seeing in your own areas?

Are you seeing signs that poverty is getting worse?

Please feel free to post a comment with your thoughts below...

Homeless And Cold - Photo By Ed Yourdon

Be Sociable, Share!
  • Al_G_Funguy

    Wow, I see an awful lot of posts from hellfire-and-brimstone nutjobs here.

    A country full of tards – no wonder the economy is doomed! The invisible sky daddy and his combustible shrubberies will not avail you.

  • Citizen

    The rich don’t care! They have theirs. Look at Gates. He acts like he cares, but all he cares about is his ego. And what about Congress…do they care? They have the best retirement, the best health care, and they get to take ALL campaign contributions with them when they leave office. Congress passed this law for themselves. I am sick.

  • http://www.facebook.com/joseph.wilson.127 Joseph Wilson

    I used to be a long haul truck driver and four years ago my income went from $5,000 a month to just over $800 per month and was driving the same amount of miles and lost my job because the owner of the company decided that I had to pay for the maintenance on the truck I drove for him and not take my wife with me and support both her and I plus a house and then with in two months the company folded still owing me well over $4,000 in back pay , I had to retire at age 62 because of his decisions and had to loose my home because I could not afford the payments let alone pay the utilities and taxes on the property . Now trying to support my disabled wife on less then $900.00 a month and take of her 24 hours a day . Yeah I know what being impoverished is like as never before in my whole life .

  • http://www.facebook.com/joseph.wilson.127 Joseph Wilson

    I just remembered when this first got s start in the decline of this country and that was way back in 1913 with Woodrow Wilson ( no relation ) when the ratified the 16th amendment and signed over the American dollar to the federal no reserve as both actions started the decline of this country and set up the bank failure and the stock market crash of 1929 and sent this country into the worst depression of all times in this country and we really did not fully recover till the 1950′s , This last recession started actually in 2006 with the housing bubble bursting and the failure of the democrats to admit it . Then we were told by the financial system and the companies of this country to not give the democrats the controlling power in both houses as this would create a recession

  • http://www.facebook.com/profile.php?id=100000586953917 John Roane

    Well this is what you voted for over the last 40 years and now it is here; make the best of it now, for its going to get worse. The 1913 US dollar was worth one dollar, today that dollar is has dropped in buying power to $0.10. That’s right ten cents and the Fed keeps printing money and all your assets continue to be devalued each time. But you got free cell phones, food stamps and the list goes on. Worst thing is those who worked hard, got schooled and saved their money are now in danger of losing it all to pay off the country’s debt. We remember the old saying; you always get the government you deserve. Now maybe you understand why the government wants your guns, to read your email without warrant, search your home without warrant, use US Military in the city streets; yes that’s right the Marxist government is just around the corner and you voted it into office. You must be very pleased with yourself.

  • NETZER19

    El señor de la foto se parece a Dios !.

  • http://www.facebook.com/carolyn.bon.5 Carolyn Bon

    The only thing that I see that is not addressed is Churches and outreach programs are picking up the slack at food pantry’s and soup kitchens. Even the employed are going to get help ,every social network is overwhelmed. This is unexceptable , and We must demand change. Great article.

  • http://empowernetwork.com/ljanderson Linda Anderson

    Researching history tells how many things were done to bring a country down. US is not immune to these things.

  • Bradley

    I don’t understand?!?!?! We have the highest unemployment rate along with a growing poverty rate. Why do we allow green card workers into the U.S. when we need those jobs for our OWN success!?!?

  • tyearcher@yahoo.com

    The problem being: that our planet is facing a overpopulation crisis, as a society we are facing economic strain and as a species we are waging a silent battle over the limited resources that are being provided by our planet. These are not new problems but new issues that have risen in 1st & 2nd world countries as technology develops under-developed nations and 3rd world countries catch up to the better develped economies of advanced nations. Like the old saying we are trying to live beyond our means. We live like kings & queens yet we don’t even realize the privliges we are given which past generations were deprived of & that we take for granted. A man can not live like a king in his mansion and not expect the effects to trickle down and affect the poor man’s quality of life. No governed body of man can change this inevitable tide which will sweep across the land and affect every man whether they be rich or poor. Only by changing our hearts and the way that we live will we as a species find the inner enlightenment that will save us from this fate which has yet to be determined.

  • GraceAdams830

    I care more about climate change than about poverty even. Poverty costs society a lot–every year. It costs society twice as much to have a homeless person wandering around homeless than to keep that person in subsidized housing. Controlling climate change is a very long term problem. The good news is that our military knows that greening the nation’s energy supply can do more for national security than the military can do with weapons and is doing what they can investing DARPA funds in getting algal bio-diesel cost-competitive with petroleum. The federal government will have to buy fossil fuel as reserves at a high price to keep it unburned and make replacing fossil fuel with renewable energy politically feasible. It will also have to subsidize the oil firms to turn themselves into algal bio-diesel firms on terms even more obscenely profitable to the oil firms than they believe business as usual will be to get that part of the transition made. We also need to replace all fossil fuel fired and nuclear electric power with renewable electric power over the next twenty years AND buy the fossil fuel displaced as it is displaced.

  • GraceAdams830

    The reason I care some about poverty is that it wastes money that will be desperately needed for mitigating and adapting to climate change.

  • Isha

    This day and time I have never seen more women and men of all ages pan handaling on the street or coner looking for free money and food just to make it day by day.

  • Agneta Norberg

    Why then 600 billion to the military without ANY enemy at all? US military is here in Sweden and conducting wargames every year with fancy names like Loyal Arrow,Cold Response close around the Russian border. We are fed up with the Ameficans everywhere who are setting up dangerous bases for s.c. national missile defence in Poland, Rumania Turkey.And hundreds of US military bases in Europé and now in Africa. Americans go home! Feed your people. Money for housing, helthcare aducation. I am really fed up with the fascist, imperial US. Agneta Norberg, vice chair Swedish Peace Council email lappland.norberg@gmail.com

  • GSystems

    So, so well said! Glad to have you as a countryman…

  • Omar Radwan

    yes unfortunatly

  • Leo Hirschocker

    The Dems blame the Republicans and the Republicans blame the Democrats while the whole house of cards is falling around their ears. Western thought is based on If I am right you must be wrong. The opposite of black can be orange, we have been conditioned… Edward de Bono’s book “I am Right You Are Wrong explains this”.

Emergency Essentials/BePrepared
Agora Financial
Thrive Life
FEMA Hates This

Austin Coins
Family Survival Plan - Check This Out!
The End Of America?
MHAdNew_125x125 copy(1)
End Game Economics
FINCA BAYANO
Survive After Collapse
cheaper to burn dollars than paper

Silver.com

Facebook Twitter More...