The Beginning Of The End
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35 Statistics About The Working Poor In America That Will Blow Your Mind

35 Statistics About The Working Poor In America That Will Blow Your MindIn America tonight, tens of millions of men and women will struggle to get to sleep because they are stressed out about not making enough money even though they are working as hard as they possibly can.  They are called "the working poor", and their numbers are absolutely exploding.  As a recent Gallup poll showed, Americans are more concerned about the economy than they are about anything else.  But why are Americans so stressed out about our economic situation if things are supposedly getting better?  Well, the truth is that unemployment is not actually going down, and the real unemployment numbers are actually much worse than what is officially being reported by the government.  But unemployment is only part of the story.  Most American workers are still able to find jobs, but an increasing proportion of them are not able to make ends meet at the end of the month.  Our economy continues to bleed good paying middle class jobs, and to a large degree those jobs are being replaced by low income jobs.  Approximately one-fourth of all American workers make 10 dollars an hour or less at this point, and we see them all around us every day.  They flip our burgers, they cut our hair and they take our money at the supermarket.  In many homes, both parents are working multiple jobs, and yet when a child gets sick or a car breaks down they find that they don't have enough money to pay the bill.  Many of these families have gone into tremendous amounts of debt in order to try to stay afloat, but once you get caught in a cycle of debt it can be incredibly difficult to break out of that.

So what is the solution?  Well, the easy answer would be that we need the U.S. economy to start producing more good paying jobs, but that is easier said than done.  Our big corporations continue to ship huge numbers of good paying manufacturing jobs out of the country, and millions of Americans have been forced to scramble to find whatever work is available.  Today, there are so many very talented American workers that are trapped in low wage work.  According to the Working Poor Families Project, "about one-fourth of adults in low-income working families were employed in just eight occupations, as cashiers, cooks, health aids, janitors, maids, retail salespersons, waiters and waitresses, or drivers."  A lot of those people could do so much more for society, but they don't have the opportunity.

Sadly, the percentage of low paying jobs in our economy continues to increase with each passing year, so this is a problem that is only going to get worse.  So don't look down on the working poor.  The good paying job that you have right now could disappear at any time and you could end up joining their ranks very soon.

The following are 35 statistics about the working poor in America that will blow your mind...

#1 According to the U.S. Census Bureau, more than 146 million Americans are either "poor" or "low income".

#2 According to the U.S. Census Bureau, 57 percent of all American children live in a home that is either "poor" or "low income".

#3 Back in 2007, about 28 percent of all working families were considered to be among "the working poor".  Today, that number is up to 32 percent even though our politicians tell us that the economy is supposedly recovering.

#4 Back in 2007, 21 million U.S. children lived in "working poor" homes.  Today, that number is up to 23.5 million.

#5 In Arkansas, Mississippi and New Mexico, more than 40 percent all of working families are considered to be "low income".

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

#7 Half of all American workers earn $505 or less per week.

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

#9 Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

#10 Median household income in the United States has fallen for four consecutive years.

#11 Median household income for families with children dropped by a whopping $6,300 between 2001 and 2011.

#12 The U.S. economy continues to trade good paying jobs for low paying jobs.  60 percent of the jobs lost during the last recession were mid-wage jobs, but 58 percent of the jobs created since then have been low wage jobs.

#13 Back in 1980, less than 30% of all jobs in the United States were low income jobs.  Today, more than 40% of all jobs in the United States are low income jobs.

#14 According to the U.S. Census Bureau, the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

#15 There are now 20.2 million Americans that spend more than half of their incomes on housing.  That represents a 46 percent increase from 2001.

#16 Low income families spend about 8.6 percent of their incomes on gasoline.  Other families spend about 2.1 percent.

#17 In 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 55.1 percent are covered by employment-based health insurance.

#18 According to one survey, 77 percent of all Americans are now living paycheck to paycheck at least part of the time.

#19 Millions of working poor families in America end up taking on debt in a desperate attempt to stay afloat, but before too long they find themselves in a debt trap that they can never escape.  According to a recent article in the New York Times, the average debt burden for U.S. households that earn $20,000 a year or less "more than doubled to $26,000 between 2001 and 2010".

#20 In 1989, the debt to income ratio of the average American family was about 58 percent.  Today it is up to 154 percent.

#21 According to the Economic Policy Institute, the wealthiest one percent of all Americans households on average have 288 times the amount of wealth that the average middle class American family does.

#22 In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#23 According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

#24 The six heirs of Wal-Mart founder Sam Walton have a net worth that is roughly equal to the bottom 30 percent of all Americans combined.

#25 Sadly, the bottom 60 percent of all Americans own just 2.3 percent of all the financial wealth in the United States.

#26 The average CEO now makes approximately 350 times as much as the average American worker makes.

#27 Corporate profits as a percentage of GDP are at an all-time high.  Meanwhile, wages as a percentage of GDP are near an all-time low.

#28 Today, 40 percent of all Americans have $500 or less in savings.

#29 The number of families in the United States living on 2 dollars a day or less more than doubled between 1996 and 2011.

#30 The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.

#31 Back in the 1970s, about one out of every 50 Americans was on food stamps.  Today, about one out of every 6.5 Americans is on food stamps.

#32 More than one out of every four children in the United States is enrolled in the food stamp program.

#33 Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975.

#34 If you can believe it, the federal government hands out money to 128 million Americans every single month.

#35 Federal spending on welfare has reached nearly a trillion dollars a year, and it is being projected that it will increase by another 80 percent over the next decade.

The Working Poor - Photo by Jml0519 at en.wikipedia

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  • http://adriennescatholiccorner.blogspot.com/ Adrienne

    Ummmm – speaking as a retired hairdresser, if the person cutting your hair is only making $10.00 per hour, they must be horrible at their job. A good hairdresser is making a minimum of $50.00 – $100.00 per hour (or more.)

    • El Pollo de Oro

      Adrienne: It depends on WHERE you’re cutting hair. I have a friend here in Philadelphia who owns a salon in Rittenhouse Square, one of the most expensive parts of the city. He’s doing relatively well. Business is down a bit, but he’s still turning a profit. I live in a very working class/blue collar part of town (largely Polish, Irish, and Italian), where I know a local barber whose business was booming before The Banana Republic of America went into a depression

      and now, he’s struggling because at 9 bucks a pop for a haircut, it’s hard to compete with the Asian barbers in other parts of town who will give haircuts for 5 bucks. The point is that while some people haven’t felt this depression, big chunks of the population are feeling it big-time. And the fact that my friend in Rittenhouse Square is part of the minority of Americans who are still doing relatively well isn’t saying much when you consider that hairdressers in upscale parts of Bogotá, Colombia are also doing well.

    • Ralfine

      I wouldn’t pay that much for a hairdresser. I’d rather cut my own hair.

    • http://profile.yahoo.com/EVN37AMRA5E2XVOFRQUNT7UE34 Freedom

      That is what I was going to say….exactly. If they are good they make a lot of money. I wish I would have gotten into this area. I know everytime I get mine done, color and cut it is around $120- $150. I know they have to pay for their space, but if they have several each day even hair cuts at $60.00…..that adds up to a lot. Those at Supercuts don’t get as much, but if they work at other salons they do.

  • Tim

    “#29 The number of families in the United States living on 2 dollars a day or less more than doubled between 1996 and 2011.”

    How does one live on $2 a day? I suppose you could eat a tablespoon of peanut butter for breakfast, lunch and dinner, but I don’t know if that would sustain you.

    • MeMadMax

      Actually, there’s alot of protein in peanut butter. You would be surprised….

      • MichaelfromTheEconomicCollapse

        I am actually very fond of peanut butter.

        Michael

  • Day2Day

    I finally understand… When people say “America is the richest country on earth” they are referring to the “elite” rich people who live here…

    Based on these facts, if the 400 richest Americans left the country today, we would become a 3rd world country overnight…

    Now that’s something to think about…

    • MeMadMax

      Can we be so sure anymore? I mean, russia now has more millionaires than us…

    • 2Gary2

      excellent point. Kind of like if Bill Gates walked into a room with 10 average working people. The average income of the group would be huge but no one would have anymore money.

      The USA has less social mobility than the more socialist Scandinavian countries and many other first world countries.

      We do not even come close to equality of opportunity the republicans crow about.

      We need to tax the rich and spread the wealth. see the no billionaires web site–google it.

      • Mark

        Gary, I don’t care about social mobility. I was during my working years able to go from zero in my pocket to saving up to buy a junk rental duplex to fix up and over the years to buy many more pieces of property. I did the repairs, management,and cleaning myself and after thirty years of hard work we have a good retirement. You can do this with good choices and lots of hard work over a long time. I am still the same guy that likes to wear a tee shirt instead of a suit anytime. I grow my own garden and raise my own beef. I cut my own lawn and pull my own weeds. You always come off with the same tax the rich stuff. Most of those that you consider rich are not Bill Gates. We don’t drive new cars and go on fancy vacations. We choose wisely in many parts of life. We have constancy in our lives and do not spend beyond our means. We work over many years to pay off our home loans. These are the things that makes it possiable to become rich in this country. I never bought stock that is gambling or bonds that suck the taxpayes dry. We worked and invested in real wealth that you can hold and touch. So give people that have worked hard and had some small amount of sucess a break. I am no rocket science guy or even have a college degree. We just worked hard with our hands and used a little common sense.

        • 2Gary2

          congrats! now do not pull up the ladder behind you. remember that 50% of success is luck. (you can find MANY studies showing this) Rich is easily 200,000 or more. only a tiny % of Americans make this.

          It sounds like you have made good choices in life and worked hard. You are blessed and should be proud. I am sure you would make a wonderful neighbor/friend. Unfortunately not everyone is able to do what you did. Equality of opportunity is non existent in the USA.

          Taxes on the rich are at their lowest level ever in this country. The rich are way under-taxed. Look at the 91% rate in the 1950′s.

          • Mark

            Gary,I don’t make anywhere near 200,000. We can live very well on a 1/4 of that. One thing that worked for us was to use any extra money to pay towards the principal on home loans. This takes a long time, but it does work. It is a forced savings plan. This might be water under the bridge that is gone now but when you do these type of things , it will make the future better for you. You are right that not everybody can do this, but we might disagree about the equal opportunity part.

          • http://www.oliviareviews.com/ PepperjackCandy

            I know this comment came a long time ago, but do you have any idea how many people would sell their eyeteeth to make “1/4 of ($200,000)”?

            This article isn’t about people who make $50,000 and end up poor because they made poor choices. They’re about the growing number of people who make less than $20,000.

          • Mark

            That statement was in reply too Gary2 when he stated that being rich was making $200.000 or more. I do understand that many people make very little money. The point that I tried to make was that over time if you work hard along with making good choices, you can change your economic situation. You do not have to be stuck making $20,000 or less all of your life It takes time to learn new skills that could bring more dollars into your situation. Sometimes you have to change the way you think and or move to another area where you could have a better life. Think outside of the box. .

        • linda amick

          and apparently did not have any major medical events.

        • 2Gary2

          Not everyone gets into debt because they’re buying themselves big ticket
          items and taking vacations. Sometimes people lose their jobs,
          unemployment runs out and as a last resort they depend on credit to put
          food in their mouths.

          As you look down from your lofty tower, things are not as simple as you view them.

          • Mark

            I would grow a garden to feed myself. I always have and I aways will.I do not live in an ivory tower and life is not always simple. I do try to live as simple a life as I can though.. Very few people go into debt to buy food Gary. They buy other stuff and then they do not have the money to buy food. Anyway food is still cheap if you cook from scratch and eat more whole grains. Just look at how many spend money on smoking or on beer.

          • Jaq

            Mark, while I do agree with you that being financially secure is something that can be accomplished by lifestyle choices you also have to understand that sometimes you only two choices, and must pick the lesser of two evils. I don’t spend money on beer or smokes, I don’t have any big ticket items. I work my butt off and make every attempt to live below my means. For awhile everything was great for me on that end, because I made the right choices, but sometimes life happens and their isn’t a “right” choice. My husband turned out to be a completely different person than the man I married (he’s mentally ill too so it’s not just that I rushed into it and made a stupid choice). It ended up with me being alone to support 2 children while trying to further my education. Shortly thereafter I was diagnosed with a very serious neurological disorder and out of work for some time.

            In the middle of that mess I had an unexpected pregnancy (which yes, that was a poor choice I have no problem admitting to my mistakes). I then had 3 children to raise. I worked 2 jobs and went to school, but here is the thing I didn’t go into debt buying food…I went into debt buying food and…and clothing for my children, medical bills for myself and my children (my youngest son has brittle bone disease), and missing work when the kids were sick, and not being able to work because my son had and average of 4 doctors appoints in a work week, and buying school supplies, and paying for gas to get to schools, dr appointments etc. You maybe right in thinking that people don’t go into debt buying food…its the food AND other NEEDS that are the problem. It’s when you are working 2 jobs and still have to choose between paying the electric bill or buying food that is a problem.

            Now I don’t have a garden (because I’m not allowed to plant one in my neighborhood) and I cook almost all my meals from scratch (we eat processed foods maybe once a week, we don’t eat out,ever) I am happy for you that you made the right choices, worked hard and made something of your life. I hope and plan is to do the same, but please take into consideration that not all of us low-income people are here because we aren’t trying to get out of it, because we don’t work hard or we blow our money on nonessential items. The truth is I work very hard, I live very frugally, but in this day and age that is not always enough.

          • Mark

            We have had our ups and downs. It is not over till the fat lady sings. The right choices can change very quickly. If a collaspe occurs and we go into a long depression, those apartments will not be worth much if tenants can’t afford to pay rent. Property taxes are so high that without rent to cover them the county would own them in a few years. Never give up and try to find another place to live where you can grow a garden. A garden pulled a lot of poor people through the last depression.

          • kyla

            My husband and I were in the same boat for 2 years, but we had a rainy day fund for times like this. If you prepare for bad times you will only know good times. We also were open to new things and during that time my husband went back to school to learn new skills that demand a higher pay. He now has a high five figure position right here in America because instead of becoming a victim, we became proactive and I am building a successful business. Stop being a victim, start being proactive; go to the library and research new opportunities for yourself, attend seminars, read about new innovative industries of the future and brainstorm how you can bring your talents an skills to the table and make yourself financially abundant.

        • kyla

          I totally agree with you. Americans are losing because they’re waiting for the Gov’t to save them, instead of saving themselves. Spoiled Americans have forgotten that this country was built by entrepreneurs who didn’t look for jobs they created them. I went to school and earned a doctorate degree but couldn’t secure a position that paid me what I’m worth. So my husband and I have saved our money, researched and did our homework, then invested in a business. Now I earn my worth, do work I’m passionate about and help employ people with great skill and talent.

        • hilarleo

          Mark,
          Could it be that the plagues of modernity passed you by? I’ll
          guess you’re a boomer- one who made his nut before the “trickle down” economy dropped workers in a sea of debt while bailing out economic bureaucracies.

          You claim your good fortune is due to hard work, fair play and “constancy in our lives”. I suggest your ‘constancy’ includes
          blessings of good health! And good luck with health-insurance.
          Understand: most USA bankruptcies are utterly due to devastating
          medical bills- particularly the lingering knocks of cancer, coupled with American insurance industry practices … those practices which
          provide truly miraculous
          benefits for already-wealthy shareholders! But then how do these investors achieve this but by skimming-off the collective low-wage
          premium-payers? These low-end players can hardly afford to fight corporate abuse, & they don’t dare boycott the legal pyramid scams of ‘health insurance’. See how our corporate economy ‘works’ for workers, today?

          Next in line for bankruptcy comes the USA’s single mothers suffering effects of divorce.
          Mark, you wouldn’t be a relatively over-compensated male, would you? How can under-paid workers ‘grow vegetables & save money’ in homes their families cannot legally access?

          I suggest that the life you describe “raising your own beef” is no longer in reach of the middle-class. We do suffer under a real & predictable financial depression- But not a bankruptcy of human goodness or wisdom.

          • Mark

            I have had many health problems. I am even going in for an operation in a week or so. I was just a construction worker that used the skills that I learned to work on old houses. I would not call being a construction worker as being a relatively over-compensated male. I always looked for a place to live that we could grow a garden and later in life, we bought a small ranch to raise cows. Land in the country is cheap in some parts of the US. I will add that I am thankful to have a union retirement pension that is small, but has health insurance that we coutribute towards each month. It is sad that you sound like such a bitter person. You always are happier if you look at your glass as half full instead of half empty

      • http://www.facebook.com/venetia.mohinani Venetia Mohinani

        I like the sound of ‘no billionaires’

    • Mondobeyondo

      America, the richest country on earth?
      Depends on how you define “rich”.

  • Fred

    Reading this article reminded me of something I learned this week. A woman I used to work for in Washington at a federal agency now works for the Public Company Accounting Oversight Board (PCAOB). The PCAOB was created by the Sarbanes-Oxley Act of 2002 to oversee the auditors of public companies. As a board member, she makes over $550k a year!! I just think that’s obscene. I guess her salary at her former employer of over $100k wasn’t enough.

    By the way, I have used a pseudonym to protect my identity. :-)

    • MeMadMax

      Thats alright. Da feds will get you sooner or later… =D

    • MichaelfromTheEconomicCollapse

      That is an insane amount of money for a paper pusher to be making.

      Michael

    • Hambone

      I’m guessing there are countless made-up, useless positions consuming our tax dollars. With my limited exposure to the government (via the military) I saw plenty, and that was one dark corner of a very large room.

      It sickens me how the government uses my tax dollars to pay people to be furniture.

    • Fred

      Members of the PCAOB only serve for 5 years. But at over $550k a year for five years, she’ll leave there as a millionaire. And she was already well off before taking that position. She had many years in with the federal government where she was making well over $100k a year. She is one of the brightest and most talented people I’ve ever worked with, but I still think that $550k a year is excessive. A few years ago the PCAOB had an annual budget of about $180 million. I’m sure it’s more than that now.

      It’s disgusting how the elite create all these (mostly unnecessary) laws in order to enrich themselves.

  • Mondobeyondo

    By the way – yes, I do need ice today! No stamps, though.

  • Mondobeyondo

    Somehow, I get the feeling that a trap is being set for us who are still part of the middle class.. it’s commonly known as a “bear trap”, but there’s a more technical name for it which I can’t think of right now. It has a circular shape, with metal teeth on each side, and a flat part in the middle. When you step on the flat part, the teeth close in, and… gotcha!

    We are falling right for it. Hook, line, sinker, bait, and government promises.

    • MichaelfromTheEconomicCollapse

      Good comment Mondo.

      Michael

      • K

        Michael, notice now Salazar is bailing. It seems anyone whose reputation is intact. Is leaving the Obama administration before April. Makes one wonder what is coming in April, or shortly thereafter.

    • K

      Mondo, I think you refer, to a leg hold trap. I agree, except I think there is more than one. Economy, one trap, Firearms, two trap, New Mental Health laws, three trap. All will look good and needed. Except the underlying effect will end this society. It will bring about a society where every one is safe. Just like the 1960s USSR. You could walk any street with no worries of criminals. All the shooting was done by the police. The scary thing is some people in this Country, will think that is a good idea.

      • http://www.facebook.com/venetia.mohinani Venetia Mohinani

        its just the way they are planning it, its what they want… everything for themselves ONLY

    • Hammerstrike

      Put simply, the remaining “middle-class” are the people who still have wealth to be seized and wages to be cut for easy profit, beside the looters themselves.

  • http://www.facebook.com/people/Justin-White/1114633868 Justin White

    And note that none of these sad facts and figures have anything to do with the federal government’s deficits. I hate when some try to make that link.

    • Tim

      “#35 Federal spending on welfare has reached nearly a trillion dollars a year, and it is being
      projected that it will increase by another 80 percent over the next decade.”

      Point #35 has nothing do with the federal government’s annual deficits? Surely you jest.

  • http://www.facebook.com/people/Joe-Palladino/100001624813101 Joe Palladino

    And we just gave sixty billion to a bunch of rich folks so they can rebuild their summer vacation
    homes so hurricane next can come and wipe it out again. This country is truly hopeless.

    • Anonymous

      With ignorant idiots like you; yes.

      • http://twitter.com/crazytas1 ricci

        truth is not ignorance, refusal to hear the truth is though

  • markthetruth

    #36 The salaries are going down, but everything is going up in price. Go figure Reverse economic progress…..

    the end…

    • Mark

      Hence there is no “real” recovery!!!

    • Hambone

      Yes! And there are dozens of taxes everywhere, even when we try to spend what we have left. Death by a thousand paper cuts.

  • Syrin

    The most mind blowing stat? Average family income DECREASED $4,000+ over the past four years and these IDIOTS voted not only for more of the same, but actually to make it worse. They haven’t seen ANYTHING yet. Wait until all the Obamacare taxes and regulations take place. Salaries will decrease, hours slashed, employees let go, health insurance dropped, costs will skyrocket, and MDs will leave medicine in droves meaning quality and access will drop precipitously.

    So yeah, I really don’t have a lot of sympathy for these no information and misinformed voters. You voted to destroy the economy, punish success, and crush those who take risks, well ENJOY THE CONSEQUENCES, YOU VOTED FOR IT !!!!!!!!

    • MichaelfromTheEconomicCollapse

      Yes, this country will get to experience the consequences of decades of very foolish decisions.

      Michael

      • http://www.facebook.com/don.gill.908 Don Gill

        there should be a sign at every northern and southern border: “WELCOME TO THE UNITED STATES OF AMERICA…A WELFARE NATION OF HELPLESS, HOPELESS AND DEPENDENT PEOPLE…BARACKACLAUS, PRESIDENT”

        It was a grand experiment gentlemen but, the liberals and so called progressives on both sides have lead us to ruin. SYRIN FOR PRESIDENT!!!!!!

        • ian

          and yet I know of not one person who is government dependent.

          • http://twitter.com/crazytas1 ricci

            most every government employee is government dependent think before you speak

    • 2Gary2

      syrin–don’t you think single payer healthcare would be better than what we have now? I would think that you on the right would love to take the burden of providing healthcare to employees off the shoulders of business. Businesses having to pay for employee healthcare makes them less competitive in the world as other countries do not have this burden on businesses.

      • Robert(qslv)

        Too many fingers in the pie, Gary. Follow the money trail and look at the many places the money is stolen before it actually goes to pay for health services. When I was a child, the doctor would come to your house and spend half an hour to treat whatever your problem was and leave with $25 cash.
        Today the money sits at a health insurance company until I need to see a doctor. Think of the hundreds of people who all get a cut of that money before my doctor sees any of it. Ask to see how much your doctor actually gets. Many doctors are leaving the profession because they can’t make a living anymore in their profession. Insurance is the problem, not the solution.

        • 2Gary2

          I agree–Health insurance companies are parasites on the system. All that “profit” they make is at the expense of a sick person not getting care. Insurance companies really are the true death panels.

        • http://www.facebook.com/venetia.mohinani Venetia Mohinani

          fingers in the pie = more money in the Swiss bank accounts… as Jackson sang ‘they don’t really care about us’ – he was right, he knew…

        • http://www.facebook.com/RANurmi Bob Nurmi

          And as long as all these Insurance Companies are owned and run for making huge profits for the Big Wall Street Gamblers who have these high paid Executives Directors & Board Members with Huge Stock Holdings and Bonuses as Incentives who only are caring about Max profits as the ROI, Then all the costs and loss of services will keep rising and it will come out of the pockets of the all the hard working people as will as the the Doctors who are all trying to reach the American dream, – Hey they the (insurance companies) know they are required & are to big to fail and that the Gov & the tax payers will be more & more required subsidize them and there stock investment profits!!

      • Raem

        After a very short time, possibly a couple of years, single payer healthcare premium monies will have accumulated enough for Washington, DC to rob from it just like they have robbed Social Security through the years. If the government would stop pilfering these funds, America would be half decent. Even though insurance companies are evil, they do have rules and regulations so they have to pay the worker’s claims. By giving the monies to congress, they willl spend it on everything else besides what it’s suppose to be used for…….America’s Health!!! Mark my words here!

    • Hambone

      It decreased while, at the same time, the purchasing power of the money that did come home also decreased. A double-whammy.

      Add on to that the nickles and dimes (taxes, rising health insurance costs) that detract from our gross income to equal our real, disposable income.

      And then again, the taxes we pay when we actually spend the money, which are on the rise.

    • Anonymous

      Idiot calling others idiots.

      • Mondobeyondo

        Oh brother. Here starts Civil War II…

        • http://www.facebook.com/venetia.mohinani Venetia Mohinani

          that could happen, the people MUST stand together and win

    • Hammerstrike

      Does that income decrease take inflation into account?
      VOTER FRAUD won these last US elections, without them Obama would have lost.

    • RICHARD

      Who would of you voted for? Mitt?? If so do you think he would have everything up control.

    • RICHARD

      Who would of you voted for??? Mitt?? Do you really thing he would of had things under control right now. I don’t think so.

      • Mark

        He might have prepared our country for the coming crash of the dollar by opening up federal lands for oil and gas drilling so that when we no longer can use dollars to buy overseas oil, we might have some to use in this country. It takes a lot of energy to grow food and keep the lights on. Obama will not do this and we will pay dearly for this mistake.

        • RICHARD

          What do you think about the pipe line running down the middle of america through oklahoma mississippi, and la. from what i understand that oil is for export. I don’t trust oil companies they don’t give a crap about us.They play with the oil prices and make oil refineries go down anything to keep that oil high. I am sure opening up federal lands is there way to getting cheap oil.

          • Raem

            Let’s keep buying it from the Middle East for as long as possible and hope we can use their oil up before we use our own. I know it would open up good jobs but our grandchildren will need oil too. I would rather take as much as we can from the Middle East first. (Less for them)….

        • http://www.facebook.com/venetia.mohinani Venetia Mohinani

          they would have each acted in exactly the same way… they are all puppets

          • Mark

            They all differ in small ways and I think that Romney would have been better for small business and he would have allowed our resources on federal land to be used.

    • linda amick

      neither of the two choices available to the majority represent their interests. Both parties represent the interests of the lobby groups that are funded by the major corporate interests that support them.

    • jox

      Only you are an informed citizen, a proper american. Everybody that don’t think like you are traitors or simply idiots, isn’t it? Sir, you have an extrange idea about what a democracy is, very close to fascism.

  • Mondobeyondo

    Ode to the Working Poor:

    We clean your carpets, harvest your crops, scrub your bathrooms, make the beds in your hotels.

    We are the working poor.

    Some of you say “Thank you!” Others of you say “F…. you!” But we try not to complain, because….

    We are the working poor.

    We wake up when the sun rises, and rest when the sun sets. But there are no real time tables, when…..

    We are the working poor.

    (if only I had the talent of Woody Guthrie!!)

    • MichaelfromTheEconomicCollapse

      Sounds like you have the start to a good song there.

      Michael

      • Mondobeyondo

        Still working on it. )

  • Lexicon

    We are taught to think of ourselves and each other in terms of nationality, race, color, but in reality we are all simply people on a planet enslaved by a monetary system that is trying to break us. I think of Americans with compassion and hope that somehow solutions will come to them, and to us all. The monetary system doesn’t hold the solutions we need, and it will fall, because it breaks every natural, common-sense law in existence. Nature teaches us – all things are connected, and nature honors all inter-connected relationships. It’s humans that break this connection.

    I think very, very, very difficult times are ahead – what we don’t want to imagine. Although nature is abundant and awe-inspiring, its wrath is clean and true. Prepare as much as you can and help one another.

    • Hammerstrike

      Nope, you got it backward.

      We are taught the opposite, that WE ARE ALL PEPOLE, that occupational, gender, ethnic, cultural, religious, ideological or whatever other differences just doesn´t matter.
      By whom? by the society that the monetary system created, of course!

      That view is false, it goes against nature and common-sense, both which the politically correct usefull idiots seeking to ban in order to make their faith work.

      It is the main vector for attacking freedooms in order to give even more power to the system, from the beginning was a tool of control made by and for the parasitic “elite”.

  • Mark

    This is what happens to a country that over spends. The jobs leave for greener pastures where profits can be made. Our rules and regulations make it hard for a business to open up in this country. Obamacare is one more nail in the coffin of the middle class work force.
    There is one thing to keep in mind, that is that our poor in this country are part of the wealthest 10% in the world. This country is changing. Everyone will not have a car or own a home. Peoples lifestyles will change and that is the way it is. We are going to pay for all of this debt one way or another.

  • http://www.facebook.com/profile.php?id=100003865460953 Susan Miller

    I’m now the working poor due to a job lose 2 months ago they outsourced 90 % of the dept.Part of it was the company doesn’t want to pay for Obama care my lib friends said blame the company not the govt.They to will be lossing their jobs as this Collapse goes into overdrive.

    • Hambone

      Barry could be caught on tape clubbing a baby seal and his loyal supporters would find some way to blame someone else.

      They called Ronnie “The Teflon President,” but he had nothing on this guy.

      • ian

        hmmmm…..sounds vaguely familiar to the right excusing every crime Bush took part in. But Bush didn’t exist, I forgot about that. Conservatives seem to have collective amnesia when remembering who screwed us up in the first place.

  • Ralfine

    Blame those lazy guys who get welfare. And Obama. Why doesn’t he force the companies to make more jobs? It’s all his fault.
    And well, don’t increase minimum wage, this would cut into profits. And don’t tax companies. And never tax the rich.

    • Hambone

      I realize you’re being ironic, but raising the minimum wage is not a solution. All that does is force companies to increase pay to those that don’t necessarily deserve it.

      Yes, it’s tragic that you have hard working people earning minimum wage that deserve more, and the company doesn’t always take action. But raising the minimum wage gives everyone a raise, even the slobs who give the bare minimum to stay employed.

      I would argue that lowering the minimum wage is a better solution. If the minimum wage is $7.25/hour, and you have Joe and Fred both making it. Suppose Joe is great and Fred is a slacker. If you lower the minimum wage to $4/hour, that would enable the employer to pay Joe $10/hour and Fred $5.50/hour. Right now, he only has so much money, and he has to give Fred $7.25.

      The minimum wage is far from fair. You can point to employer greed, but if you leave the marketplace alone, it has a better chance of taking care of things on its own. Good employees will leave for better companies, and those companies will prosper by attracting and retaining the best employees.

      All the government does with its regulations is screw things up by trying to control them.

      • Mark

        You are correct about the minimum wage. In Oregon the minimum wage is about $9 an hour. There used to be a ten to twelve dollar an hour jobs, but when this higher minium wage was brought in by the progressives, those higher paying jobs became minimum wage jobs. Who can afford to hire a kid at $9 an hour that does not know much. The minimum wage in Oregon is indexed to go up each year with inflation. Jobs that can be done elsewhere will leave the state where the costs are lower. This high minimum wage makes over time more and more fit into the working poor class as most of the jobs will just pay minimum wage.

      • Ralfine

        WHY WOULD SOMEONE PAY JOE $10 WHEN HE CAN GET AWAY WITH $4 AND POCKET THE $6?
        IF HE PAID $4, THEN YOU’D HAVE TO PAY THE DIFFERENCEEITHER TO JOE OR FRED, MORE LIKELY TO BOTH TO KEEP THEM ALIVE. THAT’S WHERE YOUR TAX MONEY GOES. PART OF IT.
        IF YOU GIVE JOE $8 FOR HIS GOOD WORK, AND KEEP FRED ON $7.25, YOU COULD MAYBE MOTIVATE FRED TO DO BETTER.
        I FOUND IF YOU MANAGE PEOPLE, THEY DELIVER. BUT YOU NEED TO TALK WITH THEM, AND NOT JUST IN MEETINGS. PEOPLE ARE MOTIVATED WHEN THEY WALK IN THROUGH THAT DOOR. KEEP THEM MOTIVATED. THAT’S THE JOB OF THE MANAGER. AND IF YOU CAN’T PAY THEM, TRAIN THEM. GIVE THEM SOMETHING NOBODY CAN TAKE FROM THEM. TAKE CARE OF YOUR PEOPLE, THEN THEY WILL TAKE CARE OF THE COMPANY.

  • Ralfine

    If corporate profit is at an alltime high, corporate tax should be high, too?

    • http://twitter.com/crazytas1 ricci

      the USA has the highest corporate taxes in the world.. who determines what is the proper/right amount to tax someone or something

      • Ralfine

        The amount of tax necessary is determined by the money necessary to run the state.

        If the armed forces are to protect the oil shipping, then they need to be paid.

        You can avoid regular tax by collecting the needed money in advance.

        If you don’t want to make debts, then you need to prohibit state debts and collect ALL needed money in advance of any military adventure or new street to be built. And when that money is gone, you leave it to the soldiers how to get home.

        If the corporate taxes are the highest of the world, where do the reports come from that companies like GE or Starbucks did not pay anything?

        The tax rate doesn’t mean anything if tax evasion is legal.

        Did you know that there are different rules for accounting for the IRS and the Stock Exchange? A company that doesn’t pay any tax “because they have no profit”, can still post billions off profit to the stock exchange.

        Might be a good idea to harmonise these rules. If you are in loss, no need to pay tax, but then you can’t claim on the stock exchange that you are wealthy, without getting charged for fraud.

  • Ralfine

    #36 “Most mass murders have been done by working class men, who have been jilted, fired or humiliated …”
    according to an article at nytimes.

  • Ralfine

    do not applaud the risk taker, but the risk manager.
    most risk takers do not risk their livelyhood but those of their employees.
    tree huggers and preppers are risk managers.

  • WarriorClass3

    Too many questions, too many lies about Sandy Hook.

    YouTube: “SANDY HOOK HOAX BLOWN TO PIECES – THE ACTORS, PUPPETS AND MOTIVES – GUN CONTROL AGENDA SCAM”

    Give this a thumbs down if you haven’t reviewed the evidence.

  • chilller

    Conservatives on the right whine about liberals on the left while liberals on the left whine about conservatives on the right. Who makes up those conservatives and liberals…government…and who is stuck in the middle of this government stalemate….us. So when do we break the governments grip that divides us? These divisions only serve to make us weaker as a nation and promote governments agenda…which isn’t about us, but about which party can demonize the other the most. Like 2 children caught disobeying by their parents, they will lie, cheat and steal whatever it takes to deflect blame onto the other child. It’s time to grow up children…

    • http://www.facebook.com/venetia.mohinani Venetia Mohinani

      you got that right

  • Hambone

    You said a lot of bad things “are going to happen…” Many of those things are happening already.

    We are the proverbial frog in the boiling pot of water. It’s happening gradually enough that most people are content to be fat, dumb and happy and slowly cook to death.

    As far as the sanity of preppers… People call preppers “crazy.” To see the world around you change [the way it's doing now] and continue to live your life as you always have — now that’s crazy.

    • El Pollo de Oro

      Hambone: I like the “frog gradually boiling to death” analogy because it’s so accurate. People have often said things to me like, “Alex Jones, Gerald Celente, Michael Snyder and the rest of these doom-and-gloomers keep saying that the s**** is going to hit the fan. Oh yeah, when? I still have a job.” They’re in denial despite a mountain of evidence. For them, ignorance is bliss. And froggie doesn’t realize that the water just keeps getting hotter and hotter in that pot.

      Preppers, on the other hand, look at that mountain of evidence and reach the same painful conclusion that Michael, Celente, Alex Jones and Paul Craig Roberts have all reached: we’re in big, big trouble, and the worst is yet to come.

      • Mondobeyondo

        One heaping serving of Kermit Stew, coming up!
        Talk about boiling a frog in water… ugh..
        No, it’s not easy being green. Not at all.

  • http://www.facebook.com/joe.kleinkamp Joe Kleinkamp

    What do you call someone who tells you your health insurance premiums will go down while mandating coverage for “children” up to 26 years of age, pre-existing conditions, and previously not covered procedures?

    • Colin

      I have a pre-existing condition. Should I be denied health care coverage because you don’t believe in a government taking care of its people?

  • bwoboe1

    Walmart is one of the great evils of America. I will not shop there; my tax dollars already subsidize their profit due to the workers needing foodstamps and welfare-healthcare to survive.

    What happened to being a good corporate citizen and taking care of your own?

  • Maria

    Greece was the first one victim of a manufactured crisis. What is happening in Greece also is happening in the rest of the West and its impacts will be overt in the rest of the world.

  • jkthequestion

    You don’t have to listen to people telling you the economy is recovering just because they are on TV or have positions in government. It make SENSE for them to say those things, as their OWN current privileged lifestyle that is becoming more and more incredibly rare actually depends on them keeping up the current economic + political status quo. Their very existance would be in danger if they went against the powers that control their professional lives. The only jobs being created are more government ones for more of their friends. Besides, it is the wage disparity that is created not of a supply/demand market but a carefully calculated system that allows for certain(almost all) asset + investment values to be held at prices extremely below actual market demand while others are inflated to extremely above value in order for a so called elite but more aptly titled scum group of ignorant men to profit in the short term. Meanwhile those such as myself, a non college educated 29 year old making under 10$ an hour despite almost 5 years experience in the field and 3 at my current employer, continue to have it tougher every year.

  • Stacey

    Read the (collapse of argntina ), has alot of interesting day to day advise.

  • El Pollo de Oro

    CPGone: Yes, I think Adrienne made her money back when we still had a large middle class and were The United States of America instead of The Banana Republic of America. She’s basing her statements on an America that USED to exist, not the Third World hellhole we have become.

  • NoBodyScanners

    A year ago I was forced to retire, along with two other guys in my dept, who just happened to be the only three guys older than the psychopath manager we had. I’ve been unemployed ever since. And I’ve since found out that they are also getting rid of a lot of the other rank and file workers while hiring more VP’s.

    I worked for a relatively small (less than 1500 employees) not for-profit health insurance company. These companies are the greatest parasites on this economy, bar none. It’s nothing but a racket.

    The salaries and perks the executives receive is sickening. For example, in addition to their salaries, every one gets a brand new leased GM vehicle every three years where they have to pay NOTHING to operate that vehicle. The company pays for insurance, an on staff mechanic just for them, gas and even car washes. And if they opt out of the car, they get an extra monthly car allowance.

    All while raising premiums, unreachable deductibles of thousands of dollars and co-insurance levels every year for their ‘customer’. This while having one billion dollars in reserve.

    That is where 90% of your premium payments go – right into the pockets of the executives. Not into your health care.

    The poor and middle class are just screwed in this country. And that is by design.

    • http://www.facebook.com/profile.php?id=1031885821 Bill Haigh

      So let’s redesign the system: Resource Based Economy

      • Aksel

        Right on brother!

  • Hammerstrike

    You be watching TV all day long sipping your beer, since the workers pays for your ENTITLED lifestyle, get offended by what Fox News says then complain about it on the internets in the evening, huh?? Haha!

  • Hammerstrike

    Wonder how much worst it would be for the US & A and western europe too without borrowed prosperity.

  • 2Gary2

    This sums up the problem very nicely:

    Since Reagan, the economic system has evolved so that the rich and
    corporations pay less—or in many cases, no—taxes; the demise of
    organized labor (along with many other factors) has resulted in lower
    wages; trade policy ships jobs overseas; corporate influence and control
    of politicians results in lack of prosecution of corporate crime (as in
    the Wall Street fraud/collapse); neocon right wingers endeavor to
    dismantle what’s left of social programs…

    All the above can be verified by googling. The percentage of taxes that corporations pay to fund the gov is at the lowest point ever.

    Shifting the burden onto the lower brackets is class warfare 101.
    romney types paying 13%, LOL. In Louisiana, Gov Jindal has proposed
    eliminating the state income tax and making up the difference with a
    higher sales tax, which is extremely effective at making those who can
    afford the least are required to pay the most.

    The USA is not turning into an oligarchy because of inevitable
    economic forces or “acts of God”, the problem is one of our own
    choosing.

    • Mark

      A sales tax is very fair. Like it or not, if you live in this country, you should be paying some taxes through a sales tax to fund local services. Get rid of the income tax and you will have a stronger economy. I do not support having both, a sales tax and an income taxtogether .The people that you refer to as the least able to afford the tax use the local services the most. They should have to pay towards the services that they want and use .If the sales tax is to high for the locals then they need to cut the cost of services. You can cut costs by reducing public empolyee wages and benefits or you can offer fewer services.

      • 2Gary2

        That’s one point of view, however, you must then not believe in a progressive tax system and want to further cut taxes on the rich. Typical conservative.

        • Mark

          If you had a sales tax that replaced income tax for all those making let’s say $500,000 and under. A tax for those making over that amount might be alright. A capital gains tax over 250,000 of a certain amount. a corporate tax on real profits over a certain amount without a bunch of loopholes. No property tax on your residence. That might be a start. We would need to make some cuts in there also.

          • 2Gary2

            Better but 500,000 is still rich by any definition. Maybe set at 100,000. (95% of the population make less)

            I would not different between capital gains which is simply regular income by another name–again the vast 90% go to the rich. I see no reason why labor should be taxed more than non labor income.

          • Mark

            I believe I have twice the amount of labor income before being taxed as non labor capital gains being taxed.500,00 vs 250,000. I do think that you need to reward sucess that a small business person that invests a huge amount of time developing that business vs an employee that does not risk all they own in the business. If you do not reward those that take the risk, who will start a business that will employ you Gary. Then you don’t have a job.

          • 2Gary2

            I understand what you are saying and there is some validity to it. Remember what Elizabeth Warren said–no one ever succeeds on their won. I add–there is no such thing as a self made man or woman.

    • K

      Gary, I agree with almost everything you say here. But oligarchy, is the wrong term. When there is a close alliance between government, industry, the rich, and the military. The correct term is Fascism. Except this time, they will not go after any race or ethnic group. This time it will be the non-productive. The old, the unemployed, the disabled. They will be first. Then the borderline productive. At some point what they are, will be obvious. Thus the reason, to slowly start to disarm all of us.

      • Mark

        I would suggest that it is pretty obvious what they are now. They are progressives. Their ideas were used by fascists such as Hitler. Their ideas have been used by Stalin and Mao. President Wilson professed these ideas. They are monsters. The monsters today have bought over a billion 40 cal. hollow points and they were not bought for the army for use overseas..

  • Strangewalk

    Now that the government has been completely hijacked by the forces of evil and greed, it seems there are only three alternatives–detachment, passive acceptance or armed revolution. Detachment and withdrawal is not realistic for most, go where and do what? If you stay within the machine and try to work things out, the certain inevitability of hyperinflation,severe depression will make survival nearly impossible

  • DudleyDooright

    Yes cinderella man, five years since the 110th US Congress, the democrat controlled congress… when Pelosi and Reid put together a budget that Bush refused to sign congress bypassed him with an omnibus spending bill that allowed the nation to wait for president Obama to take office. That was the budget that began this downfall. That was the big deficit Obama said he inherited, one he voted for and praised the congressional leadership for passing saying how it avoided the cuts president Bush wanted… Don’t continue to be a moron. Listen to all perspectives but you have to delve into the facts. CNN, Fox, MSNBC, etc. its all one sided crap.

    All spending needs to be curtailed, but you can’t cut entitlements until you can allow the people to earn their own way. we need to cut waste out any program. We need to cut foreign aid. We need to reduce our need for foreign energy, we need to burn our coal and natural gas and oil from Alaska. We need to say you want an entitlement, take a drug test. You want medicaid, be a US citizen. we need to take control. IF we can right this ship then by all means let’s be generous again, but for now we need to cut back and stop using credit to buy things we can’t afford.

    • Mark

      Great comment Dudleydooright. Yes that congress in 2006 was Snidley Whiplash if that is how you spell it. They tied the country to the train tracks of more debt and the collaspe a few years later.

  • condaggitt

    Just like today all the gun control is against white people….black people never go to gun shows, and they wont install metal detectors in all public housing projects to keep them from coming in or out…..

  • daveys

    There is a movement to tax billionaires out of existence, so as to stop the hoarding of wealth. The inequity is caused by companies who are stealing all the money from the productivity of the workers, and REFUSING to pay a living wage. It is sickening, and it proves that the “free market” cannot support human needs without heavy regulation.

  • 2Gary2

    if ignorance is bliss then there are a lot of blissful conservatives….

  • Louise in MO

    Michael,

    This is a good article, but I do have a little to say about your numerous comparisons of the wealthy versus the middle class/working poor. It sounds all to familiar ; sounds like Obama campaign/news conference talking points.

    There should not have ever been, or now be, a “working poor” classification in this country. It has ALWAYS been wrong in my estimation.

    However, the consistant talking/writing about the inequality that exists does not help at all. Why not do some research into what is available to those who are in this difficult situation? There are better jobs in the country if you are willing to move to certain states. I have friends who have done just that. Why not do an article on this fact?

    How about steering people to blue collar jobs like electriacal, masonary, plumbing, brick layers, etc. These jobs in some areas go lacking for employees. Training is available if you are willing to devote some hours in your week. Funds ARE available for this training.

    This particular article’s comments seemed to be a reiteration of the same old comments between Gary2 , Mark and the rest of those who love to write about these things.

    I know from personal experience how hard it is to raise a family without being wealthy. Sometimes I worked a full time and a part time job so that my two sons would have what they needed. I really never thought about the wealthy having more. I suppose you could say that we were low to mid middle class.

    So, please spread a “little” hope around and help those in desparate situations. My concern is that people will just give up, ahd as Americans we have never done that. We cannot do that now either. I have friends that grew up during the great depression and they tell me “how the family made it.”

    They made it because they were gutsy and determined. We canmot do otherwise!

  • lforr52

    You are nuts!

    You can’t spend a trillion dollars a year on anything.

    Maybe 100 million at tops.

    The rest goes to the high minded criminals,the nephilims,the murderers of innocents.

    OHB is where he is supposed to be as a king for an hour,and an hour doesnt last long!

    Since 2001 good kind hard working honest Americans have had to live with the lies and deceits of the government officials and the ones (the nephilims banksters ) that control themthink they have won.
    That shows you how stupid they really are!

    Mat 21:43

    Therefore say I unto you, The kingdom of God
    shall be taken from you, and given to a nation bringing forth the fruits
    thereof.

    Mat
    21:44

    And whosoever shall fall on this stone shall
    be broken: but on whomsoever it shall fall, it will grind him to powder.
    Peace be unto you
    Amen

  • frank1569

    Before modern Capitalism, the 99% had literally nothing – no house, no car, no electricity, etc.

    The goal was ‘a car in every driveway, a chicken in every pot,’ robots and ‘others’ doing the hard labor so We The People could kick back and enjoy ‘the easy life.’

    Mission accomplished. Today, the vast majority of us have plenty of food, shelter, clothing, cars, big TVs, cell phones, and tons of ‘stuff.’ So much so, we’re fat/obese, both physically and materialistically. Meanwhile, robots and ‘others’ do most of the hard labor, and any desire can be fulfilled with a click of the mouse.

    We got what we wished for. Yet we’re more divided and dissatisfied than ever. Why? Because we can’t all afford Ferraris and 20 room mansions and yearly trips to Paris in our private jets?

    Maybe our biggest problem is our inability to appreciate and enjoy what we have instead of constantly pursuing more and more for no apparent reason…

    • Aksel

      That problem lies within the capitalistic system, its built on competion to be the richest and most financially succesful, the elite will do anything to reach the top, they dont f*cking care who they step on to get there. You can’t reach that position without exploiting peoples lives or the enviornment. Some of them are just born into wealth, and they talk about everybody can be succesfull if they try, well that is clearly far from the truth.

  • johndoe47

    Isn’t this what the right wing want? Your article basically saying there is a huge disparity between the rich and the poor, right? Isn’t this capitalism? On the other hand, you have lots of other articles in this website denouncing the lost of liberty, wealth distribution and blah blah…. It seems there are LOTS of contradiction.

  • http://obbop.wordpress.com/ obbop

    All is as it should be in a country in the midst of class warfare.

    “One reason companies are so profitable is that they’re paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those “wages” are other companies’ revenue.

    In short, our current system and philosophy is creating a country of a few million overlords and 300+ million serfs.” Blodget

    “There has been class warfare going on,” Buffett, 81, said in a Sept. 30 interview with Charlie Rose on PBS. It’s just that my class is winning. And my class isn’t just winning, I mean we’re killing them.”

    “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks,” Buffett wrote in a Sunday New York Times Op-ed.

  • Nelson

    http://goldentowercircle.wordpress.com/ Do you have the guts to do what is needed to be done to help your family? Check this out.

  • SensibleAmerican

    #34 If you can believe it, the federal government hands out money to 128 million Americans every single month.

    My
    parents are both retired (in their 80′s) and the government is PAYING
    THEM BACK a (smaller) portion of what they put into the system. Are
    they, and all the other older people who paid into the corrupted (their
    money was ‘borrowed’ by Congress) system part of this statistic?

    My
    brother became disabled on the job and receives disability income (an
    insurance payment as a return on what he invested into the system). Is
    he part of this statistic?

    One million people serve in the military – are they included in this statistic?

    And
    last, but certainly not least, are our ‘above the law’ politicians, and
    their pork barrel cronies included in this statistic?

    I’m sure
    there are many more examples of how statistics can be manipulated. The
    problem lies with those who contributed NOTHING to the supply, and are
    yet on the government teat (including the bloated federal employee roll).

  • http://www.facebook.com/people/Michael-E-Saier/1250738402 Michael E Saier

    With all those facts and figures the poorest of all Americans STILL voted Obama back in for a 2nd term? What a bunch of idiots. Maybe that’s why they’re so far down in the gutter. I’m sure they will blame somebody else. It’s always somebody else’s fault, right?

  • ConcernedAmerican

    Thank you so much for discussing this topic. I am so grateful that you noted that “many people could be giving so much more to society but may never have the chance to.” So many people are stuck in jobs they dislike, and are not meant to do, just to pay bills. Also, service jobs are almost all that is left, and some people do not like working a service job.
    Employers requiring overpriced degrees just to land a job that a person can actually pay bills on doesn’t help matters. Then, many industries are placing strict regulations on people just to get a job (many people are expected to be flawless and to have lived a flawless life to get a job).
    Why not find the right people for the job and THEN educate and train them? How many people have gone to college only to graduate and wish they had chosen a different major, as their interests have changed? How many people can’t afford degrees?
    I have met so many working people that can not afford to even have electricity nowadays. Some working people skip meals because they can not afford to eat. If a person is working, doing their best, is it fair they might not even be able to afford basic living expenses (food, water, electric, transportation to work, housing, clothing, etc.)?
    This is a crisis in the US. How much is society missing out on because people can no longer afford to find their passion, joy, and callings in life?

    • FutureFox

      For all intents and purposes corporations are little countries now. If you happen to work in a good company that pays well, gives good health insurance and basically pampers you then you are living the dream.

      Of course not all corporations (if you really think of them as people) are that rich and so cut back themselves and in turn cut back on providing fair wages to their employees.

      We’re one step closer to serfdom. More apartments than house are popping up near these high flying corporations that charge extreme amounts of money to even live in for much less space (point #15).

  • thisweekinfascism

    Enough.

  • Moochers Suk

    #29 is BULLSH|T…. The number of families in the United States living on 2 dollars a day or less more than doubled between 1996 and 2011.

    Welfare, unemployment, SSDI allows most to live like a full time worker earning 25,000 or more

  • njgramm

    What about #36 – where cps/dcs/whatever its called in your state is taking children from poor families only because they don’t have the living standards thought to be “ok”?

  • njgramm

    And imagine that #36/3 6′s….

  • Rick

    I have been a Wal-Mart employee for more than three years. As a cashier I earn $9.70 per hour. Thank you for shopping at Wal-Mart.

  • IHATEEVIL

    No wonder the capitalists can get away with being like an evil empire – 400 old white guys are holding this country hostage like terrorists – if those 400 guys get angry, they’ll leave and take all their stuff with them, and for a fact, obliterate our nation.

    But don’t worry, with the bratty kids running our schools, because the non-capitalists are evil scum too, our country was on its way out anyways.

    If you ask me, in about 30 years this country is really going to be a hideous dump. And the REASON is because at least half of humans are CRAP heads!

    Hopefully, the good people will all flock to one place in the world, and never let jerks in, and kill people who are born no good. Who would be considered no good? ANYONE who gets caught lying, deceiving, or stealing. And really try to catch them all too.

    I hate evil as you can see.

  • Lauralee Hensley

    Well, I don’t believe in taking from the rich to give to the poor, eventually the rich will be bleed dry or move themselves and their monies elsewhere. What we need is incentives to keep high paying jobs here in the USA and stop moving them overseas. What we need is to stop immigration until we have a true unemployment level of under 3 percent. We need to go back to pre-Regan numbers of only legal immigrants allowed into this country, but only after the true unemployment level is under 3 percent. No amnesty for illegal immigrants. Send them packing back to their own countries, where they should be fighting to make it better for themselves and their homeland countries. Colleges should be giving scholarships only to American Citizens and first places in all studies should be open to American Citizens and then if there are left open slots available then a legal foreigner should be able to attend the courses, but at a much higher tuition rate. If you don’t stop the problem from basic foundation moves like this, then you are merely spinning your wheels. I wish Regan would have vetoed the Kennedy bill that increased legal immigration, but a bigger problem has been never securing our borders properly and the illegal immigration rates sky rocketed. We need the non-rich with common sense to be leading this nation instead of lifer politicians that are just out for themselves. Somehow they get into office and they stop listening to the people who are the USA. The government isn’t the USA, it’s legal citizens are.

  • Mark G

    By creating a “swap” of low income producing jobs for the good medium income paying jobs the variance in actually job numbers aren’t perceived to be bad. However, peeling back a couple layers does reveal an imbalance with the level of input (hours worked) to the level of output (money received based on the level of input). In effect, those “elite” individuals are getting richer as they have have significant controlling interests in corporations where the good paying jobs are disappearing. This inevitably cuts expenses and increases the corporations’ net income (often referred to as the “bottom line”), thus increasing the overall “value” of the corporation they have a stake in. The reality is, the gap between what used to be middle America and the top 1% keeps getting bigger. A sad reality as this inequality amongst men can be easily solved but greed rules in the land of the free.

  • Rafael

    Just to clarify, US$ 505/week is what a poor american makes? That in Brazil would be a dream salary for the average person!

    • FutureFox

      So everybody learn Portuguese!

  • Terri Valdez

    Come on now is the time, lets get our voices heard. Let’s get it started. We could share our ideas and start a revolution. Google it 10 steps to start a revolution. Say for instance we get as many people in this country somehow to unite together and go on strike. One day where nobody goes to work. i worked for one of the biggest corporations in the world for 24 years and the last time we went on strike it lasted for one day. We (the union) told the company that we were going out for one day, and that one day was enough. We were striking for our right to keep are wages from being cut and our cost of living raises. Not to pay for any of our health care, and to stop the company from outsourcing our jobs. Lets get the media involved. How about Doctor Phil?
    Let our cause be made as public as we possibly can. Tell the American people its time to at least let the “powers that be” in this country know that we DEMAND change. We DESERVE to make decent wages. The ability to take care of our children, pay our bills, go to the doctor, take a vacation once a year, etc. I could and can go on, but I know you all are getting my drift. So anyone with me??

  • Syd Homes

    Wow! You guys are doing it tough and that isn’t fair. I think it’s terrible that they let rich companies pay so little. In my opinion, your president is the best thing to come out of America since JFK. But I think he has tried to do so much for the poor, but gets tied up by congress votes etc, that a lot of it doesn’t get done. He’s a smart guy and I think he must feel pretty frustrated.
    I’ve been poor, but not that poor. You can’t pay people that little where I’m from. I think if I was in that position, I’d just try and start a business. Probably online because of the low overheads and I could still go out looking for a job or work part-time, and then check it when I got home. But you’d need to either think of a need you could meet electronically in the US, or aim at a richer market (because you can reach them electronically). Remembering of course that search engines take a little while to notice and list your content.
    I hope things get better for you guys! I know we depend on you (even as only a deterrent) in a defensive capacity (I’m ex Aust Army), but I can’t believe they’ve let things get so bad. I think in the future I’ll look to hire US people now after coming across this site, instead of struggling people just to our north.
    Keep your chins up and keep chipping away at it!
    John

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