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I Can’t Take It Anymore! When Will The Government Quit Putting Out Fraudulent Employment Statistics?

On Friday, the entire financial world celebrated when it was announced that the unemployment rate in the United States had fallen to 8.3 percent. That is the lowest it has been since February 2009, and it came as an unexpected surprise for financial markets that are hungry for some good news.  According to the Bureau of Labor Statistics, nonfarm payrolls jumped by 243,000 during the month of January.  You can read the full employment report right here.  Based on this news, pundits all over the world were declaring that the U.S. economy is back.  Stocks continued to rise on Friday and the Dow is hovering near a 4 year high.  So does this mean that our economic problems are over?  Of course not.  A closer look at the numbers reveals just how fraudulent these employment statistics really are.  Between December 2011 and January 2012, the number of Americans "not in the labor force" increased by a whopping 1.2 million.  That was the largest increase ever in that category for a single month.  That is how the federal government is getting the unemployment rate to go down.  The government is simply pretending that huge numbers of unemployed Americans don't want to be part of the labor force anymore.  As you will see below, the employment situation in America is not improving.  Yet everyone in the mainstream media is dancing around as if the economic crisis has been cancelled.  I can't take it anymore!  It is beyond ridiculous that so many intelligent people continue to buy in to such fraudulent numbers. (Read More....)

17 Facts About The Decline Of The U.S. Auto Industry That Are Almost Too Crazy To Believe

Very few things illustrate how dramatically America has been deindustrialized than the stunning decline of the U.S. auto industry.  Once upon a time, the United States literally taught the rest of the world how to make cars.  We were the ones that invented the assembly line.  We were the ones that showed the rest of the world what mass production could do for an economy.  For decades, we produced more cars than anyone else and we sold more cars than anyone else.  Detroit was known as "the Motor City" and our manufacturing prowess dominated the planet.  But now all of that has changed.  Japan makes far more vehicles than we do today.  So does Germany.  As you read this, state of the art production facilities are going up all over China.  Meanwhile, the U.S. auto industry continues to rot and thousands upon thousands of good automotive jobs continue to leave our shores.  The rest of the world is making cars better than we are, they are making them cheaper than we are and they really don't care that many of our formerly great manufacturing cities are turning into rotting, stinking hellholes.  The U.S. auto industry was once a symbol of American dominance, but now it is just a symbol of American decline.  If we want to remain a great nation, then we need to start becoming great at making things once again. (Read More....)

If You Are A Blue Collar Worker In America You Are An Endangered Species

Have you ever heard of the dodo bird?  Once upon a time, dodo birds lived on the island of Mauritius in the Indian Ocean.  But if you go there today you won't find any because they are extinct.  Well, if you are a blue collar worker in America today it looks like you are headed for a similar fate.  Blue collar workers are truly becoming an "endangered species" in the United States.  In the old days, the balance of power between business owners and labor was more even because they both needed each other.  But today that has all changed.  Thanks to robotics, automation and computers there is simply not as much of a need for physical laborers anymore and nothing is going to reverse that trend.  Big employers will continue to look for ways to replace men with machines, and there is nothing wrong with that.  But there is another major trend that is also destroying blue collar jobs in America that we should do something about.  Right now, it is perfectly legal for big corporations to shut down manufacturing facilities in the United States and send the jobs over to nations on the other side of the globe where it is legal to pay slave labor wages and where there are barely any regulations.  As you will see later on this article, this has been the biggest reason for the shocking blue collar job losses in America over the past decade.  The big corporations don't care that you need to pay the mortgage and put food on the table for your families.  All they care about it the bottom line, and if dramatic changes are not made soon, the number of blue collar jobs leaving the United States will continue to increase. (Read More....)

24 Statistics To Show To Anyone Who Believes That America Has A Bright Economic Future

Beware of bubbles of false hope.  Right now there is a lot of talk about how the U.S. economy is improving, but it is all a lie.  The mainstream media can be very seductive.  When you sit down to watch television your brain tends to go into a very relaxed mode.  In such a state, it becomes easy to slip thoughts and ideas past your defenses.  Sometimes when I am watching television I realize what the media is trying to do and yet I can still feel it happening to me.  In this day and age, it is absolutely critical that we all think for ourselves.  When you look at the long-term trends and the long-term numbers, a much different picture of the U.S economy emerges than the one that is painted for us on television.  Over the long-term, the number of good jobs in America has been steadily going down.  Over the long-term, the number of Americans living in poverty and living on food stamps has been steadily going up.  Over the past couple of decades, tens of thousands of businesses, millions of jobs and trillions of dollars of our national wealth have gone out of the country.  Our debt is nearly 15 times larger than it was 30 years ago, and U.S. consumer debt has soared by 1700% over the past 40 years.  Year after year the rate of inflation goes up faster than our incomes do, and this is absolutely devastating the middle class.  Anyone who believes that we can keep doing the same things that we have been doing and yet America will still have a bright economic future is delusional.  Until the long-term trends which are taking the U.S. economy straight into the toilet are reversed, any talk of a bright economic future is absolute nonsense. (Read More....)

30 Statistics That Show That The Middle Class Is Dying Right In Front Of Our Eyes As We Enter 2012

Once upon a time, the United States had the largest and most vibrant middle class that the world has ever seen.  Unfortunately, that is rapidly changing.  The statistics that you are about to read prove beyond a reasonable doubt that the U.S. middle class is dying right in front of our eyes as we enter 2012.  The decline of the middle class is not something that has happened all of a sudden.  Rather, there has been a relentless grinding down of the middle class over the last several decades.  Millions of our jobs have been shipped overseas, the rate of inflation has far outpaced the rate that our wages have grown, and overwhelming debt has choked the financial life out of millions of American families.  Every single day, more Americans fall out of the middle class and into poverty.  In fact, more Americans fell into poverty last year than has ever been recorded before.  The number of middle class jobs and middle class neighborhoods continues to decline at a staggering pace.  As I have written about previously, America as a whole is getting poorer as a nation, and as this happens wealth is becoming increasingly concentrated at the very top of the income scale.  This is not how capitalism is supposed to work, and it is not good for America. (Read More....)

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