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

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The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created

The Death Of Small Business - Photo by Tina McKimmieWhat would you say about an economy where businesses are shutting down faster than they are opening?  Well, a shocking new study released by the Brookings Institution indicates that this is exactly what is happening in the United States.  We are absolutely killing small businesses and the entrepreneurial spirit in this country, and as you will see below, the number of self-employed Americans has been on a downward trend for a decade even though our population has been steadily growing.  Traditionally, small businesses have been the primary engine of job growth in this nation, so the fact that study after study has found that small business creation is being crippled in the United States is a really bad sign for our economic future. (Read More....)

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The Number Of Working Age Americans Without A Job Has Risen By 27 MILLION Since 2000

Arrow Going UpDid you know that there are nearly 102 million working age Americans that do not have a job right now?  And 20 percent of all families in the United States do not have a single member that is employed.  So how in the world can the government claim that the unemployment rate has "dropped" to "6.3 percent"?  Well, it all comes down to how you define who is "unemployed".  For example, last month the government moved another 988,000 Americans into the "not in the labor force" category.  According to the government, at this moment there are 9.75 million Americans that are "unemployed" and there are 92.02 million Americans that are "not in the labor force" for a grand total of 101.77 million working age Americans that do not have a job.  Back in April 2000, only 5.48 million Americans were unemployed and only 69.27 million Americans were "not in the labor force" for a grand total of 74.75 million Americans without a job.  That means that the number of working age Americans without a job has risen by 27 million since the year 2000.  Any way that you want to slice that, it is bad news. (Read More....)

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This Is What Employment In America Really Looks Like…

Warren Buffett - Photo by Mark HirscheyThe level of employment in the United States has been declining since the year 2000.  There have been moments when things have appeared to have been getting better for a short period of time, and then the decline has resumed.  Thanks to the offshoring of millions of jobs, the replacement of millions of workers with technology and the overall weakness of the U.S. economy, the percentage of Americans that are actually working is significantly lower than it was when this century began.  And even though things have stabilized at a reduced level over the past few years, it is only a matter of time until the next major wave of the economic collapse strikes and the employment level goes even lower.  And the truth is that more good jobs are being lost every single day in America.  For example, as you will read about below, Warren Buffett is shutting down a Fruit of the Loom factory in Kentucky and moving it to Honduras just so that he can make a little bit more money.  We see this kind of betrayal over and over again, and it is absolutely ripping the middle class of America to shreds. (Read More....)

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9 Of The Top 10 Occupations In America Pay An Average Wage Of Less Than $35,000 A Year

CashierAccording to stunning new numbers just released by the federal government, nine of the top ten most commonly held jobs in the United States pay an average wage of less than $35,000 a year.  When you break that down, that means that most of these workers are making less than $3,000 a month before taxes.  And once you consider how we are being taxed into oblivion, things become even more frightening.  Can you pay a mortgage and support a family on just a couple grand a month?  Of course not.  In the old days, a single income would enable a family to live a very comfortable middle class lifestyle in most cases.  But now those days are long gone.  In 2014, both parents are expected to work, and in many cases both of them have to get multiple jobs just in order to break even at the end of the month.  The decline in the quality of our jobs is a huge reason for the implosion of the middle class in this country.  You can't have a middle class without middle class jobs, and we have witnessed a multi-decade decline in middle class jobs in the United States.  As long as this trend continues, the middle class is going to continue to shrink. (Read More....)

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29 Percent Of All U.S. Adults Under The Age Of 35 Are Living With Their Parents

Why Are So Many Young Adults Moving Back In With Mommy And DaddyWhy are so many young adults in America living with their parents?  According to a stunning Gallup survey that was recently released, nearly three out of every ten adults in the United States under the age of 35 are still living at home with Mom and Dad.  This closely lines up with a Pew Research Center analysis of Census data that looked at a younger sample of Americans which found that 36 percent of Americans 18 to 31 years old were still living with their parents.  That was the highest level that had ever been recorded.  Overall, approximately 25 million U.S. adults are currently living at home with their parents according to Time Magazine.  So what is causing all of this?  Well, there are certainly a lot of factors.  Overwhelming student loan debt, a depressing lack of jobs and the high cost of living are all definitely playing a role.  But many would argue that what we are witnessing goes far beyond temporary economic conditions.  There are many that believe that we have fundamentally failed our young people and have neglected to equip them with the skills and values that they need to be successful in the real world. (Read More....)

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221 Percent Increase In One Year? Why Are So Many People Renouncing American Citizenship?

American FlagThe number of Americans that renounced their citizenship was 221 percent higher in 2013 than it was in 2012.  That is a staggering figure, and it is symptomatic of a larger trend.  In recent years, a lot of really good people with very deep roots in this country have made the difficult decision to say goodbye to the United States permanently.  A few actually go to the trouble to renounce their citizenship, and that is mostly done for tax purposes.  But most willingly choose to leave America for other reasons.  Some were very serious when they said they would leave the U.S. if Barack Obama got a second term, some (such as Jesse Ventura) are dismayed at how our freedoms and liberties are eroding and are alarmed at the rise of the Big Brother police state, some are absolutely disgusted by the social and moral decay that is eating away at the foundations of our society, and there are yet others that consider "the grass to be greener" on the other side of the planet.  Personally, I have a number of friends that have made the very hard decision to relocate their families thousands of miles away because they see what is coming to America and they believe that there isn't any hope of turning things around at this point.  I also have a lot of friends that are determined to stay in the United States no matter what.  When it comes to the future of America, almost everyone has a very strong opinion, and these are discussions that we need to start having. (Read More....)

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28 Signs That The Middle Class Is Heading Toward Extinction

Dilapidated House In IndianaThe death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it.  Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. consumers have accumulated record-setting levels of debt.  Being independent is at the heart of what it means to be "middle class", and unfortunately the percentage of Americans that are able to take care of themselves without government assistance continues to decline.  In fact, the percentage of Americans that are receiving government assistance is now at an all-time record high.  This is not a good thing.  Sadly, the number of people on food stamps has increased by nearly 50 percent while Barack Obama has been in the White House, and at this point nearly half the entire country gets money from the government each month.  Anyone that tries to tell you that the middle class is going to be "okay" simply has no idea what they are talking about.  The following are 28 signs that the middle class is heading toward extinction... (Read More....)

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32 Statistics That Obama Neglected To Mention During The State Of The Union Address

Barack Obama State Of The UnionShow this article to anyone that believes that the economy has actually improved under Barack Obama.  On Tuesday evening, Barack Obama once again attempted to convince all of us that things have gotten better while he has been in the White House.  He quoted a few figures, used some flowery language and made a whole bunch of new promises.  And even though he has failed to follow through on his promises time after time, millions upon millions of Americans continue to believe him.  In fact, you can find a list of 82 unfulfilled promises from his previous State of the Union addresses right here.  Soon we will have even more to add to that collection.  At this point, you have to wonder if Obama even believes half the stuff that he is saying.  Of course it is extremely unlikely that he is going to come out and admit that he has failed and that he has been lying to us this whole time, but without a doubt the gap between reality and what he is saying to the public is becoming ridiculously huge.  To say that his credibility is "strained" would be a massive understatement.  No, things have not been getting better in America.  In fact, they continue to get even worse.  The following are 32 statistics that Obama neglected to mention during the State of the Union address... (Read More....)

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