Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66%

2019 is turning out to be a nightmare that never ends for the agriculture industry.  Thanks to endless rain and unprecedented flooding, fields all over the middle part of the country are absolutely soaked right now, and this has prevented many farmers from getting their crops in the ground.  I knew that this was a problem, but when I heard that only 30 percent of U.S. corn fields had been planted as of Sunday, I had a really hard time believing it.  But it turns out that number is 100 percent accurate.  And at this point corn farmers are up against a wall because crop insurance final planting dates have either already passed or are coming up very quickly.  In addition, for every day after May 15th that corn is not in the ground, farmers lose approximately 2 percent of their yield.  Unfortunately, more rain is on the way, and it looks like thousands of corn farmers will not be able to plant corn at all this year.  It is no exaggeration to say that what we are facing is a true national catastrophe.

According to the Department of Agriculture, over the past five years an average of 66 percent of all corn fields were already planted by now…

U.S. farmers seeded 30% of the U.S. 2019 corn crop by Sunday, the government said, lagging the five-year average of 66%. The soybean crop was 9% planted, behind the five-year average of 29%.

Soybean farmers have more time to recover, but they are facing a unique problem of their own which we will talk about later in the article.

But first, let’s take a look at the corn planting numbers from some of our most important corn producing states.  I think that you will agree that these numbers are almost too crazy to believe…

Iowa: 48 percent planted – 5 year average 76 percent

Minnesota: 21 percent planted – 5 year average 65 percent

North Dakota: 11 percent planted – 5 year average 43 percent

South Dakota: 4 percent planted – 5 year average 54 percent

Yes, you read those numbers correctly.

Can you imagine what this is going to do to food prices?

Many farmers are extremely eager to plant crops, but the wet conditions have made it impossible.  The following comes from ABC 7 Chicago

McNeill grows corn and soybeans on more than 500 acres in Grayslake. But much of his farmland is underwater right now, and all of it is too wet to plant. Rain is a farmer’s friend in the summer but in the spring too much rain keeps farmers from planting.

The unusually wet spring has affected farmers throughout the Midwest, but Illinois has been especially hard hit. Experts say with the soil so wet, heavy and cold, it takes the air out and washes nutrients away, making it difficult if not impossible for seeds to take root.

Right now, soil moisture levels in the state of Illinois “are in the 90th to 99th percentile statewide”.  In other words, the entire state is completely and utterly drenched.

As a result, very few Illinois farmers have been able to get corn or soybeans in the ground at this point

According to the U.S. Department of Agriculture’s crop progress reports, about 11% of Illinois corn has been planted and about 4% of soybeans. Last year at this time, 88% of corn and 56% of soybeans were in the ground.

I would use the word “catastrophe” to describe what Illinois farmers are facing, but the truth is that what they are going through is far beyond that.

Normally, if corn farmers have a problem getting corn in the ground then they just switch to soybeans instead.  But thanks to the trade war, soybean exports have plummeted dramatically, and the price of soybeans is the lowest that it has been in a decade.

As a result there is very little profit, if any, in growing soybeans this year

Farmers in many parts of the corn belt have suffered from a wet and cooler spring, which has prevented them from planting corn. Typically when it becomes too late to plant corn, farmers will instead plant soybeans, which can grow later into the fall before harvest is required. Yet now, planting soybeans with the overabundance already in bins and scant hope for sales to one of the biggest buyers in China, could raise the risk of a financial disaster.

And if the wet conditions persist, many soybean farms are not going to be able to plant crops at all this year.

Sadly, global weather patterns are continuing to go haywire, and much more rain is coming to the middle of the country starting on Friday

Any hopes of getting corn and soybean planting back on track in the U.S. may be washed away starting Friday as a pair of storms threaten to deliver a “one-two punch” of soaking rain and tornadoes across the Great Plains and Midwest through next week.

As much as 3 to 5 inches (8 to 13 centimeters) of rain will soak soils from South Dakota and Minnesota south to Texas, Oklahoma and Arkansas, according to the U.S. Weather Prediction Center in College Park, Maryland.

We have never had a year quite like this before, and U.S. food production is going to be substantially below expectations.  I very much encourage everyone to get prepared for much higher food prices and a tremendous amount of uncertainty in the months ahead.

Even though I have been regularly documenting the nightmarish agricultural conditions in the middle of the country, the numbers in this article are much worse than I thought they would be at this point in 2019.

This is truly a major national crisis, and it is just getting started.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Wealthy Elitists Freak Out As Hordes Of Homeless People Take Over Their Neighborhoods All Over The West Coast

The elite are very “tolerant” of the homeless until they start showing up in their own neighborhoods.  Even though the mainstream media keeps telling us that the U.S. economy is “booming”, the number of Americans living on the streets continues to grow very rapidly, and this is particularly true in our major west coast cities.  More than half a million Americans will sleep on the streets of our cities tonight, and they need help, care and shelter.  Sadly, as economic conditions deteriorate that number is likely to double or even triple.  Of course many among the elite are all in favor of doing something for the homeless, as long as they don’t have to be anywhere around them.

For example, let’s talk about what is going on in Los Angeles.  No city on the west coast has a bigger problem with homelessness than L.A. does, and many in the homeless population enjoy camping out on the beautiful beaches in the L.A. area at night.

But of course many of the elite that paid millions of dollars for beachfront property are not too thrilled about this.  Sex Pistols frontman Johnny Rotten was a key symbol of anti-establishment rebellion in the 1970s, but now he is freaking out because homeless people are making life very difficult for him and his wife in Venice Beach, and what he recently told Newsweek’s Paula Froelich is making headlines all over the nation

He told her the homeless situation in his swanky LA neighborhood is so bad that thieves are tearing the bars from the windows of his multimillion-dollar home, lobbing bricks, setting up unsightly tent cities and littering the beach with syringes.

“A couple of weeks ago I had a problem,” the former punk prince opined. “They came over the gate and put their tent inside, right in front of the front door. It’s like . . . the audacity. And if you complain, what are you? Oh, one of the establishment elite? No, I’m a bloke that’s worked hard for his money and I expect to be able to use my own front door.”

It is more than just a little bit ironic that a man that used drugs, sex and rock and roll to shoot to global fame now sounds like a tired old crank that just wants to get the hippies off of his front lawn.

And he also says that the beach in front of his home is almost unusable because of all the needles and human poop in the sand

Rotten added of the punks: “They’re aggressive, and because there’s an awful lot of them together they’re gang-y. And the heroin spikes . . . You can’t take anyone to the beach because there’s jabs just waiting for young kids to put their feet in — and poo all over the sand.”

Well, Johnny might as well become accustomed to his new neighbors, because the situation is only going to get worse as our national homelessness crisis intensifies.

In Los Angeles, the number of homeless people that have died has risen 76 percent over the past five years, and this has happened during supposedly “good economic times”.

So how bad will things get when the economy really starts going downhill?

Up the coast in San Fransisco, some wealthy residents are fighting tooth and nail to keep a proposed homeless shelter out of their wealthy neighborhood.  The following comes from CBS News

Some San Francisco residents are turning to crowdfunding to raise money to fight a proposed homeless shelter in their wealthy neighborhood. As of Monday morning, the effort had raised over $80,000 of its $100,000 goal.

Calling itself “Safe Embarcadero for All,” the organizer is appealing to residents of South Beach, Rincon Hill, Bayside Village, East Cut and Mission Bay, saying the money will be directed to a legal fund to pay for efforts to fight the homeless shelter. San Francisco Mayor London Breed has sponsored legislation to fast-track the building of the Navigation Center, which would house 200 homeless people a stone’s throw from Google’s San Francisco offices and Gap’s headquarters.

How wonderfully “tolerant” of them, eh?

Of course it is hard to blame them.  The streets of San Francisco are littered with thousands upon thousands of used syringes, and the number of official complaints about human feces in the streets is going up with each passing year.

But instead of changing course, it looks like San Francisco officials will probably extend their free syringe program

San Francisco officials are debating if they should continue a needle exchange program that has left city streets littered with hazardous waste.

We have made an uncomfortable observation on social media: Thousands of needles are scattered on city streets, most likely came the Department of Public Health’s needle exchange program.

San Francisco Board of Supervisors expects to approve a seven-year extension of the exchange program, could cost taxpayers a whopping $26 million.

Overall, the city handed out 5.8 million free syringes in 2018, and a large number of those were simply thrown on to the streets when addicts were done using them.

Up in Seattle, neighborhood after neighborhood has been taken over by homeless encampments, and many residents are saying enough is enough

In the past two weeks, Seattle Is Dying has garnered 38,000 shares on Facebook and nearly 2 million views on YouTube. The report has clearly resonated with anxious, fearful, and increasingly angry Seattle residents. Exhausted by a decade of rising disorder and property crime—now two-and-a-half times higher than Los Angeles’s and four times higher than New York City’s—Seattle voters may have reached the point of “compassion fatigue.” According to the Seattle Times, 53 percent of Seattle voters now support a “zero-tolerance policy” on homeless encampments; 62 percent believe that the problem is getting worse because the city “wastes money by being inefficient” and “is not accountable for how the money is spent,” and that “too many resources are spent on the wrong approaches to the problem.” The city council insists that new tax revenues are necessary, including a head tax on large employers, but only 7 percent of Seattle voters think that the city is “not spending enough to really solve the problem.” For a famously progressive city, this is a remarkable shift in public opinion.

With all of the money that they have, you would think that the major cities on the west coast would be showing the rest of the nation how to deal with homelessness, but instead things continue to get worse with each passing year.

And of course what we have seen so far is just the beginning.  During the next recession, the homelessness crisis will be far, far worse than it is today.

America should not have more than half a million people living in the streets, but we do, and those in power do not seem to have any solutions.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

U.S. Job Cut Announcements Rise 117 Percent To The Highest Level That We Have Seen In More Than 3 Years

We have not seen anything like this since the last recession.  Layoff announcements are coming fast and furious now, and the speed at which workers are being laid off is shocking a lot of people.  In this day and age, big companies have absolutely no loyalty to their workers.  The moment it becomes financially advantageous for them to start laying off employees, most of them will do it in a heartbeat.  I personally know someone that was an extremely hard worker and that put in extra time and effort for his company for many, many years, but he was just laid off because that is what the number crunchers determined was the right move.  It is a cold, cruel world, and as we witnessed back in 2008, job losses can occur at a pace that is absolutely breathtaking when a recession strikes.

Over the past couple of weeks, I have been documenting the numbers that indicate that a major economic slowdown has begun, and we may have gotten the biggest one so far on Thursday.

According to Challenger, Gray & Christmas, the number of job cut announcements in February was up 117 percent compared to the same period last year.  The following comes from Fox Business

While many experts and investors are eagerly awaiting data on status of the labor market Opens a New Window. to be released by the government on Friday, a new report shows U.S. employers cut more jobs Opens a New Window. last month than they have in the past 3.5 years.

Even though it is the shortest month of the year, U.S. employers announced plans to cut 76,835 jobs last month, according to a report from Challenger, Gray & Christmas. That’s a 117 percent year-over-year increase, and a 45 percent increase over January’s numbers.

You have to go all the way back to 2015 to find a month that was as bad as February.

Are you starting to see that the momentum for the economy has clearly shifted?

The economic news just keeps getting worse and worse as we roll through 2019, and the retail sector is being hit harder than just about anyone else.

In fact, retailers announced more job cuts in February than any other sector did

The retail sector had the most planned job cuts, with 41,201 so far this year – the highest January-February total since 2009. The industrial goods sector – including some manufacturers – followed with nearly 32,000 cuts announced during the same time period.

The primary reasons employers cited for eliminating positions were restructuring and bankruptcy.

This is being called a “retail apocalypse”, and we are on pace to absolutely shatter the all-time record for store closings in a single year.

At this point, retailers have already announced the closure of more than 5,300 stores.  The following list of retailers that have announced that they are shutting down at least 10 locations comes from Business Insider

Payless ShoeSource: 2,500 stores
Gymboree: 805 stores
Family Dollar: 390 stores
Shopko: 251 stores
Chico’s: 250 stores
Gap: 230 stores
Performance Bicycle: 102 stores
Charlotte Russe: 520 stores
Sears: 70 stores
Destination Maternity: 42-67 stores
Victoria’s Secret: 53 stores
Kmart: 50 stores
Abercrombie & Fitch: 40 stores
Christopher & Banks: 30-40 stores
JCPenney: 27 stores
Beauty Brands: 25 stores
Henri Bendel: 23 stores
Lowe’s: 20 stores

And that list doesn’t even include the fact that Amazon is closing all 87 of its pop-up stores.

I have repeatedly warned that we will be facing a future of boarded up windows, empty retail stores and abandoned malls, and it is happening right in front of our eyes.

Of course it isn’t just the retail industry that is rapidly laying off workers.  Here are just a few of the highlights from the workforce reduction announcements that we have seen in recent days…

-Tesla continues to struggle, and they have already laid off 8 percent of their entire workforce.

-Microsoft is cutting approximately 200 jobs in their commercial sales business.

-JP Morgan is steadily shutting down bank branches in lower income neighborhoods.

-We Work has announced that they have let 300 employees go.

-Devon Energy is eliminating about 200 workers.

-Whole Foods is cutting back worker hours.

-Encana has announced that it is laying off 274 workers in the Houston area.

-In North Carolina, Duke Energy has eliminated 1,900 positions.

-Ocwen Financial is planning to lay off approximately 2,000 workers over the course of 2019.

And in my article yesterday, I noted that General Motors is shutting down four major production plants this year.

It’s really happening.

The bubble of debt-fueled false prosperity that we have been enjoying is disappearing, and the road ahead is going to be really rough.

On Thursday we also learned that U.S. household wealth has been plummeting.  In fact, the fourth quarter of 2018 was the worst quarter for household balance sheets since the last financial crisis

Americans’ net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet.

Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent.

An increasing number of families are feeling financially squeezed these days, and many of them are accumulating large amounts of debt as they attempt to keep things going.

But for a lot of Americans that are currently drowning in debt, the end of the road has already been reached.

In an article that I posted yesterday, I noted that an all-time record 7 million Americans are behind on their vehicle payments, 37 million credit card accounts are considered to be “seriously delinquent”, and 166 billion dollars worth of student loans are now in the “seriously delinquent” category.

This is a consumer debt crisis that already surpasses the numbers that we witnessed during the last recession.

Nobody is quite sure what is going to happen next.  This is very much a developing story, and I will share new numbers with you as I get them in.

We haven’t experienced anything quite like this since 2008, and most Americans are completely unprepared for a new economic downturn.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

If America Is Such A Happy Place, Why Is The Suicide Rate Up 34% Since The Year 2000?

What in the world has happened to us?  Despite our ridiculously high standard of living compared to the rest of the world, America is a deeply unhappy place.  When I was growing up, there were no “smart phones”, the Internet did not exist, if you wanted to buy something you had to actually go to a store and hunt for it, and most vehicles were pieces of junk that completely broke down after a few years.  Today, we have hundreds of television channels, we have more movies than we could ever possibly watch, video games have become wildly creative and there is an app for almost anything that you could possibly need on your phone just a few clicks away.  We are literally drowning in entertainment, and yet we are far less happy than previous generations.  In fact, the CDC says that the suicide rate in the United States has risen by 34 percent since the year 2000…

Men who work in construction and extraction had the highest rates of suicide in the United States, according to a report published Thursday by the US Centers for Disease Control and Prevention. For women, suicide rates were highest among those who work in arts, design, entertainment, sports and media.

From 2000 to 2016, the suicide rate among the US working-age population — people 16 to 64 — increased 34%, the report says.

It greatly saddened me to learn that construction workers and miners have the highest suicide rates in the entire country.  My grandfather was a construction worker, and he took great pride in his work.  In fact, I still have a wooden bowl that he made for me sitting on my desk as I write this article.

On the other end of the spectrum, suicide rates are lowest among teachers, professors and librarians

For both sexes, the occupational group with the lowest rate of suicides was education, training and library. This includes jobs such as teachers, professors and archivists.

This surprised me, because anyone that has ever spent much time in a classroom understands how much stress a teacher must endure on a daily basis.

But overall, the news is not good.  At a time when the U.S. has been at peace and supposedly “prospering”, our suicide rate has been absolutely skyrocketing.

If this many people are killing themselves now, what is going to happen once things get really, really bad in this country?

Of course the authorities are at a loss as to how to solve this crisis.  They are saying that this rise in suicide is a “tragedy” and that we must increase “prevention efforts”

“Increasing suicide rates in the U.S. are a concerning trend that represent a tragedy for families and communities and impact the American workforce,” said Dr. Debra Houry, director of CDC’s National Center for Injury Prevention and Control. “Knowing who is at greater risk for suicide can help save lives through focused prevention efforts.”

In other words, they want us to throw more money at the problem.

In America today, whenever anything goes wrong the “solution” always seems to be to make the government even bigger and spend more taxpayer money.

But the truth is that big government is not going to save us.  People don’t need more government bureaucrats telling them how to run their lives.  Instead, what people really need is to find meaning and purpose in life, and that is not something that big government is going to provide.

Suicide rates are particularly high in many rural areas.  In fact, a previous CDC report discovered that the suicide rate in rural areas is actually 45 percent higher than in “large urban areas”…

The suicide rate in rural America is 45% greater than in large urban areas, according to a study released last fall by the US Centers for Disease Control and Prevention. A more recent CDC report said Montana’s suicide rate leads the nation, coming in at nearly twice the national average. A third long-touted CDC study, currently under review, listed farming in the occupational group, along with fishing and forestry, with the highest rate of suicide deaths.

That occupational study was based on 2012 data, when farming was strong and approaching its peak in 2013, says Jennifer Fahy, communications director for the nonprofit Farm Aid. Farmers’ net income has fallen 50% since 2013 and is expected to drop to a 12-year low this year, the US Department of Agriculture reports.

Without a doubt, things are tough in rural areas all over the nation right now.  According to the U.S. Department of Agriculture, almost 1 out of every 4 children in rural areas is currently living in poverty.  My wife and I live in a rural area, and there are so many families up here that are deeply struggling right now.

As the middle class has deteriorated, more Americans than ever have been forced to turn to the government for help.  At this point, almost 52 percent of all children live in a home that receives monthly help from the federal government

The Census Bureau has released new data that strengthens the case for calling the current generation of American children “The Welfare Generation.”

Among American residents under 18 years of age in 2017, according to the Census Bureau, 51.7 percent lived in households in which one or more persons received benefits from a means-tested government program.

If the U.S. economy really was in good shape, we wouldn’t have such a dramatic problem with poverty.

And this is something that a lot of Americans are quite concerned about.  The following are some very interesting numbers from a recent MSN poll

  • Approximately 2/3 of people are concerned about the level of poverty in the United States right now.
  • Women are 1.2x more likely than men to be concerned about the issue of poverty.
  • Generally speaking, the more money you make, the less likely you are to care about poverty (although more than half of those making $150K+ are still concerned about the issue).

From those numbers, it looks like men have some work to do in the compassion department.

In the years ahead, poverty is likely to get a whole lot worse in this country.

The suicide rate has already been spiking during “normal times”, and many are deeply alarmed about what might happen once this nation enters a period of utter despair.

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The Last Days Warrior Summit is the premier online event of 2018 for Christians, Conservatives and Patriots.  It is a premium members-only international event that will empower and equip you with the knowledge and tools that you need as global events begin to escalate dramatically.  The speaker list includes Michael Snyder, Mike Adams, Dave Daubenmire, Ray Gano, Dr. Daniel Daves, Gary Kah, Justus Knight, Doug Krieger, Lyn Leahz, Laura Maxwell and many more. Full summit access will begin on October 25th, and if you would like to register for this unprecedented event you can do so right here.

Middle Class Destroyed: 50 Percent Of All American Workers Make Less Than $30,533 A Year

The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done.  According to the Social Security Administration, the median yearly wage in the United States is just $30,533 at this point.  That means 50 percent of all American workers make at least that much per year, but that also means that 50 percent of all American workers make that much or less per year.  When you divide $30,533 by 12, you get a median monthly wage of just over $2,500.  But of course nobody can provide a middle class standard of living for a family of four for just $2,500 a month, and we will discuss this further below.  So in most households at least two people are working, and in many cases multiple jobs are being taken on by a single individual in a desperate attempt to make ends meet.  The American people are working harder than ever, and yet the middle class just continues to erode.

The deeper we dig into the numbers provided by the Social Security Administration, the more depressing they become.  Here are just a few examples from their official website

-34 percent of all American workers made less than $20,000 last year.

-48 percent of all American workers made less than $30,000 last year.

-59 percent of all American workers made less than $40,000 last year.

-68 percent of all American workers made less than $50,000 last year.

At this moment, the federal poverty level for a family of five is $29,420, and yet about half the workers in the entire country don’t even make that much on a yearly basis.

So can someone please explain to me again why people are saying that the economy is “doing well”?

Many will point to how well the stock market has been doing, but the stock market has not been an accurate barometer for the overall economy in a very, very long time.

And the stock market has already fallen nearly 1,500 points since the beginning of the month.  The bull market appears to be over and the bears are licking their chops.

No matter who has been in the White House, and no matter which political party has controlled Congress, the U.S. middle class has been systematically eviscerated year after year.  Many that used to be thriving may still even call themselves “middle class”, but that doesn’t make it true.

You would think that someone making “the median income” in a country as wealthy as the United States would be doing quite well.  But the truth is that $2,500 a month won’t get you very far these days.

First of all, your family is going to need somewhere to live.  Especially on the east and west coasts, it is really hard to find something habitable for under $1,000 a month in 2018.  If you live in the middle of the country or in a rural area, housing prices are significantly cheaper.  But for the vast majority of us, let’s assume a minimum of $1,000 a month for housing costs.

Secondly, you will also need to pay your utility bills and other home-related expenses.  These costs include power, water, phone, television, Internet, etc.  I will be extremely conservative and estimate that this total will be about $300 a month.

Thirdly, each income earner will need a vehicle in order to get to work.  In this example we will assume one income earner and a car payment of just $200 a month.

So now we are already up to $1,500 a month.  The money is running out fast.

Next, insurance bills will have to be paid.  Health insurance premiums have gotten ridiculously expensive in recent years, and many family plans are now well over $1,000 a month.  But for this example let’s assume a health insurance payment of just $450 a month and a car insurance payment of just $50 a month.

Of course your family will have to eat, and I don’t know anyone that can feed a family of four for just $500 a month, but let’s go with that number.

So now we have already spent the entire $2,500, and we don’t have a single penny left over for anything else.

But wait, we didn’t even account for taxes yet.  When you deduct taxes, our fictional family of four is well into the red every month and will need plenty of government assistance.

This is life in America today, and it isn’t pretty.

In his most recent article, Charles Hugh Smith estimated that an income of at least $106,000 is required to maintain a middle class lifestyle in America today.  That estimate may be a bit high, but not by too much.

Yes, there is a very limited sliver of the population that has been doing well in recent years, but most of the country continues to barely scrape by from month to month.  Out in California, Silicon Valley has generated quite a few millionaires, but the state also has the highest poverty in the entire nation.  For every Silicon Valley millionaire, there are thousands upon thousands of poor people living in towns such as Huron, California

Nearly 40 percent of Huron residents — and almost half of all children — live below the poverty line, according to the U.S. Census Bureau. That’s more than double the statewide rate of 19 percent reported last month, which is the highest in the U.S. The national average is 12.3 percent.

“We’re in the Appalachians of the West,” Mayor Rey Leon said. “I don’t think enough urgency is being taken to resolve a problem that has existed for way too long.”

Multiple families and boarders pack rundown homes, only about a quarter of residents have high school diplomas and most lack adequate health care in an area plagued with diabetes and high asthma rates in one the nation’s most polluted air basins.

One recent study found that the gap between the wealthy and the poor is the largest that it has been since the 1920s, and America’s once thriving middle class is evaporating right in front of our eyes.

We could have made much different choices as a society, but we didn’t, and now we are going to have a great price to pay for our foolishness…

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The Last Days Warrior Summit is the premier online event of 2018 for Christians, Conservatives and Patriots.  It is a premium-members only international event that will empower and equip you with the knowledge and tools that you need as global events begin to escalate dramatically.  The speaker list includes Michael Snyder, Mike Adams, Dave Daubenmire, Ray Gano, Dr. Daniel Daves, Gary Kah, Justus Knight, Doug Krieger, Lyn Leahz, Laura Maxwell and many more. Full summit access will begin on October 25th, and if you would like to register for this unprecedented event you can do so right here.

Middle Class Erosion: 33 Million Americans Will Not Travel During The Holidays Because They Can’t Afford To Do So

We have repeatedly been told that the U.S. economy is “booming”, but meanwhile the middle class in the United States continues to be hollowed out.  The financial bubbles that the Federal Reserve has created have been a great blessing for those at the very top of the economic pyramid, but most of the country is still deeply struggling.  According to one survey, 78 percent of all full-time workers in the U.S. live paycheck to paycheck, and that doesn’t even include part-time workers or those that are unemployed.  We have also been told that unemployment is “low”, but the real numbers tell us that there are more working age Americans without a job in 2018 than there was at any point during the last recession.  Most of the people that my wife and I know are struggling, and I continually get emails from readers all over the country that are struggling.  The sad truth is that the middle class is slowly but surely dying, and more people are falling into poverty with each passing day.

And we got more evidence of this fact on Tuesday.  According to one new survey, 33 million Americans will not travel during the holiday season because they simply cannot afford to do so…

Wallet Hub’s Winter Travel Survey has revealed a disturbing trend: 33 million Americans won’t travel this winter because they can’t afford it.

I have been warning about the effect that rising interest rates would have on the economy, and rising rates are being blamed for this travel slowdown.  The following comes from MSN

However, Americans are still feeling the pinch of the pocketbook—part of that has to do with rising interest rates.

“U.S. consumers will be shelling out billions of dollars in extra charges they otherwise could be spending on other things such as travel,” said Mark A. Bonn, director of the resort and vacation rental management program at Florida State University. “This makes it difficult to travel now, let alone after the holiday spending has ended.”

But of course the truth is that most Americans were deeply struggling long before interest rates started to rise.

Those of us in our prime working years can try to work even harder to make ends meet, but when you are elderly and on a fixed income, there is little that can be done.

According to the Sacramento Bee, 9 million elderly Americans across the country “can’t afford to eat”, and in one of their recent articles they featured the plight of 71-year-old Floridian Janet Burke…

Burke is one of the nearly 9 million elderly people at risk of hunger in the United States. In Florida, with the highest percentage of people 60 and older, more than 750,000 elderly need food assistance, according to experts.

The problems confronting the elderly have become one of the hot topics for candidates this election year. Candidates in South Florida have pointed to the needs of the elderly as one of the key concerns voiced by voters.

More than 100 million Americans receive assistance from the government each month, but many citizens do not believe in receiving any help and so they just quietly suffer as they search for a way to make things better.

Today, I would like to share with you a testimony from someone that has been there.  My good friend Daisy Luther knows what it is like to barely survive from month to month, and the way that she described those struggles in one of her most recent articles was extremely poignant

Let’s talk about poverty.

I don’t mean the kind you’re talking about when your friends invite you to go shopping or for a night out and you say, “No, I can’t. I’m poor right now.”

I don’t mean the situation when you’d like to get a nicer car but decide you should just stick to the one you have because you don’t have a few thousand for a down payment.

I don’t mean the scene at the grocery store when you decide to get ground beef instead of steak.

I’m talking about when you have already done the weird mismatched meals from your pantry that are made up of cooked rice, stale crackers, and a can of peaches, and you’ve moved on to wondering what on earth you’re going to feed your kids.

Or when you get an eviction notice for non-payment of rent, a shut-off notice for your utilities, and a repo notice for your car and there’s absolutely nothing you can do about any of those notices because there IS NO MONEY.

If you’ve never been this level of broke, I’m very glad.

I have been this broke. I know that it is soul-destroying when no matter how hard you work, how many part-time jobs you squeeze in, and how much you cut, you simply don’t make enough money to survive in the world today.

If the U.S. economy really is “booming”, then why are millions upon millions of American families struggling like this?

Sadly, it is because the truth is that the U.S. economy is not “booming”, and we continue to get more indications that another major economic downturn is imminent.

It doesn’t have to be this way.  Blueprints have been proposed that would mean much better days ahead for America, but most Americans seem quite content with the status quo.

Most Americans seem to want corrupt politicians in Washington, a Federal Reserve system that is bankrupting future generations, an exploding national debt, a deeply oppressive system of taxation and a bloated national government that is becoming more monstrous with each passing day.

In this day and age, “liberty” and “freedom” are seen as antiquated concepts that are standing in the way of “progress”, and more government always seems to be the “solution” that is proposed whenever any crisis arises.

If we truly want to turn America around, we need to return to the values and the principles that once made this nation so great, and right now that simply is not happening…

About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

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This Story Is A Perfect Example Of The Economic Despair That Most American Families Are Enduring In This “Booming” Economy

The middle class in America is being systematically eviscerated right in front of our eyes.  I don’t normally do this, but today I want to share with you an email that was recently sent to me by a reader.  I asked for permission to share her story with all of you, because I think that it will be encouraging for a lot of people out there to understand that they aren’t alone.  In this supposedly “booming” economy, millions upon millions of American families are barely making it from month to month even though they are working as hard as they possibly can.  But because the mainstream media has been endlessly touting “good economic news” for the last several years, many of those that are struggling end up believing that something must be wrong with them since they aren’t participating in all of the “prosperity”.  But of course the truth is that almost all of the economic rewards have been going to the very top of the economic pyramid.  Meanwhile, the middle class continues to shrink and more families fall into poverty with each passing month.

As you read the email that I am about to share with you, there are several things that I want you to notice.

#1 These people are not lazy.  The husband has a good job for the area in which they live, and the wife is working very hard to bring in some online income as she takes care of the kids.  So neither of them would be considered to be “unemployed”.

#2 They are also very frugal.  They have cut expenses as far as they can, and they are still not able to make ends meet.

#3 They are being crushed by medical bills.  Our healthcare system is a completely and total nightmare, and there are no solutions in sight.  Thanks to the Democrats, soaring health insurance premiums are absolutely crushing middle class families.  And the Republicans have had almost two years to try to fix things, and they have completely failed to get anything done.  Shame on all of them.

#4 Almost everyone that they know is on government assistance, and so far they have resisted the urge to follow suit.  Right now, more than 100 million Americans receive assistance from the government every month, and we are rapidly being transformed into a full-blown socialist nation.

I could say so much more, but let me get right to the email.  This story really touched my heart, and I know that it will touch your heart as well…

I and my husband have been reading your blog for five or six years now. So many of your articles sound just like us, and I just wanted to share our situation and perspective as conservative Christians who were actually taught Biblical handling of money. Hopefully it will help you with your writing!

Unlike most millennials, we came into marriage with no debt and a decent savings. We have always lived on a strict budget that usually doesn’t include clothing or eating out; most of the time it doesn’t even include saving! We have never used credit cards. I am very frugal, shopping by what’s on sale, buying in bulk, cooking from scratch, and often doing without. We eat beans more than anything else. We own one vehicle, and half the time have to borrow a car from family because ours breaks down and we don’t have the money to fix it.

We work hard. My husband works for the county more than full time, and makes quite a bit more than most jobs in our area (minimum wage is 8.25 here), but a third of his check goes straight to taxes. I worked outside the home before we had children, and now have a blog and an online business that make a few hundred a month on average. We also work hard growing a large garden and keeping a few animals for food.

Unfortunately we just can’t make ends meet. We’ve used up all of our savings and haven’t been able to replace it. Family members are giving us $500-$1000 every month. We’ve both been in the hospital a few times for injury and illness, and each time costs thousands of dollars. We spent our tax return this year on medical bills, and still owe thousands to the local hospital.

We see what is going on in this country, and around the world, and we want to be prepared, but instead of getting ahead we just get more and more behind. We’ve already sold everything that was worth anything.

After taxes, the biggest expense that is killing us is insurance. All the types of insurance that are mandatory or just seem like a necessity now – health insurance, car insurance, insurance for our mobile home and rental property (required by our landlord), life insurance that is necessary with my husband’s job.

Medical bills are next on the list – who can afford to go to a doctor nowadays, even with insurance? We do everything possible to avoid doctor visits, even having our last child at home without a midwife even though I am considered high risk. Sometimes emergencies happen though, and going to the doctor just isn’t avoidable.

Pretty much all of our friends and co-workers are getting government help every month. Honestly we’d be a lot better off if we did to, but we don’t want to. It’s not the government’s job to take care of everybody.

But really, what are we supposed to do? Is there anything we can do to fix the mess our economy is in? Is there anything people like us can do to get out of this situation, or is it just a hopeless downward spiral that’s going to get worse and worse till we are living under a bridge?

I wrote her back and tried to encourage her.  No matter how bad things seem to be in life, there is always a way to turn things around if you just keep on fighting.

And things could turn around for America too, but we would have to be willing to fundamentally change our ways, and at this moment there are no indications that this will happen any time soon.

I get accused of being all about “doom and gloom”, but in my latest book I set forth a detailed prescription for what we need to do to turn things around.  And I ran for Congress on a platform of positive solutions, but that message didn’t resonate enough with the voters.

Inexplicably, most Americans seem to like the status quo even though the system is literally coming apart at the seams all around us.

What we have been doing as a nation does not work, it is not sustainable, and it has become exceedingly clear that a day of reckoning is rapidly approaching.  At this point it is so obvious that even the mainstream media is starting to warn of imminent economic disaster.

For years, many of us have been warning what would happen if we did not change our ways, and we have been trying to offer alternative solutions, but most Americans continue to embrace the current system and believe that it will be able to survive despite all of the evidence to the contrary.

In the end, it is probably going to take a complete and utter collapse of the current system before most people will wake up, and that is something that nobody will enjoy.

This article originally appeared on The Economic Collapse Blog.  About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

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