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If You Think The Employment Numbers Are Good, Then You Really Need To Read This Article

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Homeless Bill Needs Rich Woman Photo By Josh SwieringaDo you actually believe that the employment numbers are getting better?  Do you actually believe that there is a bright future ahead for American workers?  If so, then you really need to read this article.  The truth is that we are in the midst of the worst employment crisis since the Great Depression, and there has been absolutely no employment recovery.  In fact, the percentage of working age Americans that are employed is just about exactly where it was during the darkest days of the last recession.  But the mainstream media is not telling you this.  The mainstream media is instead focusing on the fact that the official “unemployment rate” declined from 7.6% in June to 7.4% in July.  That sounds like great news, but when you take a deeper look at the employment numbers some very disturbing trends emerge.

Over the past several years, almost the entire decline in the unemployment rate can be accounted for by people “leaving the workforce”.  The “unemployment rate” has not been going down because people are actually getting jobs.  Rather, the “unemployment rate” has been going down because the government has been pretending that millions upon millions of American workers simply do not want jobs anymore.  This is extremely misleading.

We are being told that 162,000 jobs were created in July.  Okay, so that is just barely enough to keep up with population growth, and most of the jobs that were created last month were part-time jobs.

Meanwhile, the jobs numbers for the two previous months were both revised down

The change in total nonfarm payroll employment for May was revised from +195,000 to +176,000, and the change for June was revised from +195,000 to +188,000. With these revisions, employment gains in May and June combined were 26,000 less than previously reported.

Will this month eventually be revised down too?

When it comes to measuring employment in the United States, I believe that a much more accurate measurement than the highly manipulated “unemployment rate” is the civilian employment-population ratio.  This ratio tells us what percentage of working age Americans actually have a job.

Just prior to the last recession, about 63 percent of all working age Americans had a job.  During the recession, that number plunged dramatically and ultimately fell below 59 percent, and it has stayed below 59 percent for 47 months in a row

Employment-Population Ratio 2013

This is the first time in the post-World War II era that the employment-population ratio has not bounced back after a recession.

So there has not been an employment recovery.  Anyone that tells you that there has been an employment recovery is lying to you.

Since the end of 2009, we have been treading water at best.  But during that time, another disturbing trend has emerged.  Good paying full-time jobs are rapidly being replaced by low paying part-time jobs.

And this trend has definitely accelerated this year.  If you can believe it, an astounding 76.7 percent of the jobs that have been “created” in 2013 have been part-time jobs.

As I wrote about last month, the employment landscape in this country is fundamentally changing.  At this point, the number one employer in this country is Wal-Mart, and the number two employer in this country is a temp agency (Kelly Services).

This is a huge reason why the middle class is dying.  You simply can’t raise a family on a part-time income.

Our young adults are being hit particularly hard.  According to Gallup, the percentage of working age Americans under the age of 30 with a job fell from 47.0% in June 2012 to 43.6% in June 2013…

Fewer Americans aged 18 to 29 worked full time for an employer in June 2013 (43.6%) than did so in June 2012 (47.0%), according to Gallup’s Payroll to Population employment rate. The P2P rate for young adults is also down from 45.8% in June 2011 and 46.3% in June 2010.

When our young people get out of school and enter the real world, they are finding that “good jobs” are few and far between.  But unless our young people can find “breadwinner jobs”, they are not going to be able to get married, buy homes and raise families.

A lot of young people are doing their best, but things are really tough out there right now.  The lack of good jobs is the primary reason why families that have a head of household under the age of 30 have a poverty rate of 37 percent.

A lot of young adults are coping with this employment crisis by moving back in with their parents.  According to one recent study, 36 percent of all young adults in the 18 to 31 age bracket are currently living with their folks.

Are you starting to understand that our system is broken?

The quality of jobs in this country continues to steadily decline.  Just consider the following numbers from one of my previous articles

-The number of part-time workers in the United States has just hit a brand new all-time high, but the number of full-time workers is still nearly 6 million below the old record that was set back in 2007.

-In America today, only 47 percent of adults have a full-time job.

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

-An astounding 53 percent of all American workers make less than $30,000 a year.

And as I mentioned yesterday, until we have a jobs recovery there will be no housing recovery no matter how much the Federal Reserve tries to manipulate the system.

The mainstream media continues to insist that “things are looking up” for the housing market, and yet the home ownership rate in the United States is the lowest that it has been in 18 years.

In order for the middle class to thrive, people have got to be able to get good jobs and people have got to be able to buy homes.

Instead, the percentage of good jobs in our economy continues to shrink, the level of home ownership continues to decline, and less than half of all Americans now consider themselves to be middle class.

The next wave of the economic crisis has not even hit us yet, but we continue to see poverty rates soar all over the nation.  In fact, just this week there was an article about the tent cities that are starting to pop up all over New Jersey

Tent cities have popped up across New Jersey including the state’s poorest city.

Meg Baker chased the story of Camden’s tent city.  Residing off Route 38 at Wilson Boulevard under an overpass, through woods and down a path of trash lays a community of people living in tents.  This particular community was relocated from Federal Street and it’s inhabited by an array of people: addicts, people who have fallen on hard times and some with mental illness.

Baker took a tour of this run down community and the pictures show just how heart-wrenching this situation really is.  Among the homes are decomposing food, broken furniture, and feral cats.

This is supposed to be “the economic recovery”.

If things were going to get “better” it should have happened by now.

But things didn’t get better, and now the next wave of the economic crisis is rapidly approaching.

As I tried to explain the other day, the most important number in our economy is the yield on 10 year U.S. Treasuries.  As that number goes up, interest rates all over our economic system go up.  And much higher interest rates would be absolutely devastating for our economy.

Unfortunately, many analysts now believe that interest rates are going to go much, much higher than they are right now.  Just check out this excerpt from a recent CNBC article

The Federal Reserve will lose control of interest rates as the “great rotation” out of bonds into equities takes off in full force, according to one market watcher, who sees U.S. 10-year Treasury yields hitting 5-6 percent in the next 18-24 months.

“It is our opinion that interest rates have begun their assent, that the Fed will eventually lose control of interest rates. The yield curve will first steepen and then will shift, moving rates significantly higher,” said Mike Crofton, President and CEO, Philadelphia Trust Company told CNBC on Wednesday.

If interest rates do go that high, our economy simply will not be able to handle that.  It would cripple the finances of state and local governments all over the nation, it would absolutely crush the housing market, and it would cause a derivatives crisis unlike anything that we have ever seen before.

The smart money knows that rising interest rates spell big trouble and they are already pulling their money out of the market as a Bloomberg article recently detailed…

Private-equity managers from Fortress Investment Group LLC (FIG) to Blackstone Group LP (BX), which made billions by buying low and selling high, say now is the time to exit investments as stocks rally and interest rates start to rise.

And Apollo Global Management LLC Chief Executive Officer Leon Black said the following back in April

“It’s almost biblical: there is a time to reap and there’s a time to sow,” Apollo (APO)’s Black said at a conference in April. “We think it’s a fabulous environment to be selling. We’re selling everything that’s not nailed down in our portfolio.”

The smart money is getting out while the getting is good.

They know that a storm is coming.

They know what higher interest rates will do to the economy.

As bad as the employment picture is right now, this is NOTHING compared to what is coming.

This is about as good as things are going to get.  It is all downhill from here.

So enjoy this false bubble of pseudo-prosperity while you still can.

When the next great wave of the economic crisis strikes, millions upon millions of Americans are going to lose their jobs and the official unemployment rate is going to soar well up into the double digits.

  • MichaelfromTheEconomicCollapse

    How tough is it to find jobs in your area of the country?


    • Rodster

      Some businesses are hiring but it’s mostly part time like Taco Bell, McDonald’s, Burger King.

      Amazon was considering a new distribution center in Ruskin but apparently that’s on hold. A state liberal democrat said any tax incentives would be tied to warehouse workers making at least $19/hr and 40 hours per/week.

      Amazon warehouse jobs are typically PT but they pay around 30% more for an equivalent job.

      • Mondobeyondo

        I applied to one of those Amazon warehouse jobs. Hope and cross my fingers, toes, legs and eyes that I get at least a first interview.

        At this point I don’t care if it’s a warehouse job, no union, no air conditioning, etc. $19/hr is a sweet gig, if you can beat out the other 319,447 applicants.

    • 2Gary2

      walker is doing his best to ruin WI

      • Rodster

        Then move to Detroit. Housing is cheap and liberal Dems control the city, you should feel right at home.

        • sharonsj

          If I remember correctly, Walker gave tax breaks to the businesses that contributed to his campaign and then said there wasn’t enough tax revenue to pay for city services. That’s a typical Republican move, by the way.

          • smallergovnow


    • josh

      Where I live outside of Baltimore it is just starting to get difficult. With the sequestration the large federal workforce is feeling the effects. It is mostly harder for younger people as the federal employees are now forced to take jobs part time at places like Target, McDonalds, and Walmart.

      • Lucky Charms

        Same thing is happening in Canada. In Ontario, older people are forced to work Wal Mart jobs and young people are left to find the other jobs like vultures searching for game.

        But you know, these public school boards can spend $500 to replace a lightbulb, or the transit unions can spend $400 for a cup of coffee. Are those federal employees the lower paid workers or the corrupt ones at the top?

        • shogun_01

          things are good in Ontario compared to the US, it’s not THAT difficult to find work.. And those seniors that are still working do so because they didn’t/couldnt save for their retirement.. Its a common sight

      • seth datta

        obamacare = more businesses forced to downsize = less competition for big businesses.

    • Lucky Charms

      I’m from Ontario, Canada, which is close to Michigan and New York..and the job market here is so tough for students, part-time and seasonal jobs are hectic to get. You can say most people are hiring who they know or they belong to certain social movements.
      There are lots of elderly people working at Wal Mart and McDonalds these days. Only those fortunate enough are doing okay in Canada.
      There was a job fair in the Toronto area. The summer job tourism, maybe about 50 open positions. The amount of people at the job fair exceeded 1,000 people. There was a huge line-up outside the building.
      It’s hard to get a job, even in Canada.

    • Mondobeyondo

      A lot of it depends on how diverse your economy is.

      I mean – if your regional economy depends on shrimp harvesting, your town lives or dies on the season’s shrimp harvest.

      It’s more or less the same with Sunbelt economies (Las Vegas, Phoenix, etc.) Heavily based on the housing economy. When housing crashed, so did their economies. As housing goes, so goes the economy of many Sun Belt cities. Can such an economy sustain itself? Yeah, until June of 2014. After that, who knows?

      Other areas have fared better. Seattle has a rather diverse economy (IT, Microsoft, shrimp, excellent schools, etc.) Downside? Rain, lots of rain. Having grown up in a place that gets something like 7 inches of rain a year (yes folks – January 1st to December 31st) – I don’t know how, or if, I could handle that.

    • davidmpark

      We’re in a culture war with a lot of hubris and hyperbole. It’s difficult to tell who’s having difficulties and who ain’t.

      • Reynaldo Neggle

        We’re in a culture war between the individualists and collectivists.

        • davidmpark

          I meant us in Utah. Sorry; should’ve been more precise. But, you’re also very right.

    • MeMadMax

      5 years ago, or heck, before 2008, I could walk into any business and be a employee when I walk out… Now, my resumes seem to be going into a black hole >_>

    • GSOB

      The Federal Government is hiring to fill good paying jobs in Colorado.

      Go figure..

      In a previous article it was shared that Walmart was the largest employer.

      Our government’s DOD is, in the world for that matter.

      What does that tell everyone about who actually runs the economy?

      Michael Moore and 2Gary2 labels it cApItaLIsm.

    • buzorro

      My company could use some good workers,…the keyword being ‘good.’ Although we hire from a temp agency, ‘good’ workers are eventually hired full-time The biggest reason for not hiring them full-time is because of absenteeism, they evidently don’t understand that they’re expected to show up every day. Too many employees that are finally hired full-time think that they can now go back to smoking pot regularly and then fired when they’re sent for a drug test after a minor accident caused by a machine malfunction or their own carelessness.

      How many young people have grown up in their bedroom in front of a PC playing games instead of interacting with real people? How many are school dropouts? Are we experiencing the results of a dumbed-down education system?

      Yes, blame the corporate tycoons and their political lapdogs, but let’s also examine the ‘log in our own eye.’

      • Reynaldo Neggle

        The political lapdogs want us dumbed down. Dumb, uninformed people who lack intellectual curiosity are easy to manipulate and lie to. They actually want more people on welfare because it makes more people dependent on them. The corporations then benefit by mandate from the few taxpayers still working. maybe we’re the dumb ones. Lets all quit and get free food, housing, health care, and transportation.

    • Mudpie

      In the Southwest, it is as if a locust swarm came and went, leaving piles of locust squat left and right . . . amazing. Fix it? Sure. Cut regulations and taxes in half, and govt. handouts by a third. No worries. But that will not happen. Because power and control come from the purse strings. Go figure. Keep up the vegetable gardens, people.

    • Ralfine

      The army is recruiting. Their soldiers are blown up overseas or they kill themselves.

      They always need replacements.

      • seth datta

        The elite want us to die as part of depopulation agenda 21

      • americalsgt

        Uncalled for. I can’t believe you said that.

        • Ralfine

          Ah, you subscribe to the hero worship?
          Or spreading democracy?
          Or defending America from the bad communists or Islamists or whoever comes along?
          Weapons of mass destruction?
          Like the ones used in Boston?

          • MomOf3Boys

            or maybe he just respects LIFE

    • chilller

      People need to target essential service jobs and get trained for them.Essential services like HVAC, mechanic, hydraulics/pneumatics, robotics and utilities must be kept manned as they make up the backbone of our industrial society.

      The company I work for has been trying to fill 50 good paying commercial air conditioning service jobs for a year. There just aren’t enough of them. These jobs pay anywhere between $75 to over $100k per year. It’s not the easiest job in the world but it pays well and is secure. I guess it all boils down to how badly do you and your family want to eat.

      Perhaps Michael will pen an article of ‘what GOOD jobs are available in your area’, as opposed to this one. You can visit any of the big AC manufacturers, Carrier, Trane, York, Daikin McQuay and see for yourself how many of these personnel they are always on the look out for.

      • SafetyViking

        Spot on. The ‘back to basics’ gigs seem to be the way to go these days. HVAC or any other maintenance capacity (with no real new construction to speak of, the units still need to be maintained, right?)

        It would be a boon if the idiots in DC stopped paying lip-service to our crumbling infrastructure & actually DID something about as well….

    • SafetyViking

      I honestly don’t know. I work overseas so I haven’t had to dabble in the local job market.

      I would imagine, however, like most beach/resort areas, the economy hums when the tourists are here, then slows down when they leave.

      A quick glance on the job boards tells me that ‘year round’ jobs don’t pay much more than $12/hr…and competition is stiff.

    • ConcernedAmerican

      Last I heard, some rural areas are admitting to 15% unemployment. There seem to be a lot of homes that people just boarded up and left in order to move and find work.

      I recently read that many Americans are unhappy in their jobs. I meet many people that work very hard but still can’t pay basic bills and most have no hope of moving up or earning more as their job is dead end. When they ask others how they can do better, people tell them to go to college. How does adding $50, 000 debt in student loans solve an already desperate financial situation? There are some excellent employees just praying for an employer to offer on the job training and fair pay. Reward those people that didn’t go into debt by giving them good jobs since they proved they were responsible by not taking student loans. Stop ruling out people that don’t have degrees and maybe employers will find those great employees they have been looking for.

      • MomOf3Boys

        Concerned American, Don’t assume that people who got student loans aren’t responsible. I’m married, 3 boys, good paying job and hubby has a good paying job as well. We make do, and we are paying off our debt, including $30k+ for student loans. I wasn’t irresponsible, or I wouldn’t have completed college. I was ignorant, just like Dave Ramsey is ignorant of doing his own auto mechanic work.

        Michael, I’m in San Antonio and our economy is doing better than most. We have a lot of companies headquartered here, so that helps keep employment up.

  • patrick

    Buckle your seat belt and prepare to fly right off the mountain cause were hitting that point very soon!

  • markthetruth

    Google ” Why it’s so expensive to be poor ”

    the end…

    • Lucky Charms

      Once the landlord keeps on raising the rent, the transit unions raise the transit fees, the food prices keep inching up, poor people will hardly make it out with stagnant wages.

  • 2Gary2

    Billionaire Nick Hanauer:

    “Raise Taxes on Rich to Reward True
    Job Creators: “……When businesspeople take credit for creating jobs,
    it is like squirrels taking credit for creating evolution. In fact, it’s
    the other way around.
    It is unquestionably true that without
    entrepreneurs and investors, you can’t have a dynamic and growing
    capitalist economy. But it’s equally true that without consumers, you
    can’t have entrepreneurs and investors. And the more we have happy
    customers with lots of disposable income, the better our businesses will
    That’s why our current policies are so upside down. When the
    American middle class defends a tax system in which the lion’s share of
    benefits accrues to the richest, all in the name of job creation, all
    that happens is that the rich get richer.
    And that’s what has been happening in the U.S. for the last 30 years. ….”

    • GSOB

      True 2Gary2, but please do not confuse this qwap with cApITaLism!

  • 2Gary2

    Michael–you really seem to like to post your picture. When did you grow the beard?

  • markthetruth

    “What you’re seeing is now the spreading of low wage growth,” he says, noting those trends continued in Friday’s July jobs report. “Really we
    have become a nation of hamburger flippers, Wal-Mart sales associates, barmaids, checkout people and other people working at very low wages.”

    Quote from Dan Alpert Interview .

    the end…

    • Nexusfast123

      Going down to meet the third world as they come up.

      • tom


        • markthetruth

          Great country, where no body works except for cash. May as well start over from the day Christopher Columbus stepped on the Indians Country.

          the end…

        • markthetruth

          Bill says got a job but i’m


          can’t get food stamps

          no health insurance

          no dental

          no home

          car but no gas

          2 pieces of bread but nothing in between

          chid support but no money

          so now i’m in prison

          Now i have everything including education.

          • Mondobeyondo

            Bill is lucky.

            I got food stamps (so I can still eat decently, by the grace of God). And I have a home.

            But I don’t have health or dental assistance, no kids (don’t have to worry about child support), and no car, How do I manage?

            I do it like anyone else under similar circumstances in a hot Arizona summer does it. You just do it. You have no choice.

            Yeah, it’s 114 degrees outside, and in 101% honesty, that’s nothing to take lightly. People can, and often do, die from this heat. And it will be over 100 degrees until Halloween.. Oh well. The house wasn’t hit by a tornado yesterday. No floods came through, and no beavers came over to take out the wood of my former home to build a river dam. And there was no nuclear attack from North Korea today. So, I’m fortunate.

            Keep pushing. Keep pressing. Onward and forward.

          • leonard

            Isn’t everybody rich and happy in the U.S.A.?

        • Charles Lee Allen

          Going down is right: Gay marriage is an abomination and God will remove His blessing from this nation.

      • markthetruth

        As we become the beggars,shoe shiners, shopping cart rechivers

        • seth datta

          bankers have the cash

          • markthetruth

            they need to revise the Definition of the word ” Bank ” on the financial meaning.

            the end…

        • leonard

          Why does everybody say
          think positive?

    • stackedhippiechick

      America has shifted from a manufacture based country to a service based. No country has maintained her supremacy as a nation of services.

      • StihlTheOne

        Hippie Chick… Check your Disqus account for questions on your posts from us. Or check comments on you tube concert video you posted. Thx

  • davidmpark

    It begins locally. Here’s a copy of what I sent to the candidates for Mayor where I live:

    “Mr. (Candidate),

    Last election I threw your opponent, Mr. (Candidate), off my property when he came to the door, and I was right to do so. Before that time my family and I lost more and more liberty, and while he was our City Councilman we had our wealth ruined by (Name of City) and it’s system. We have received no justice, no decent explanation as to why the laws were created as such, nor have we seen any signs of reversal. What we have seen is a city that is out of it’s collective mind and is suffering under terrible repression and poverty.

    Now, it’s not just the recent scandals of (The Mayor’s) double identity or the police shooting their own citizens, nor is it the other issues of the city’s financial viability, economy, or demographics that’s directing our consent. It’s our family’s personal experiences here in (Name of City) that is driving our recourse.

    We are not a family that fits your stereotypical molds. My wife has a severe traumatic brain
    injury and cannot work, along with diabetes, epilepsy, and cognitive and memory problems that make her unable to function. I must be home most of the time to care for her and our three children; all under the age of 11. I’m 34 years old and cannot get profitable employment unless I divorce her and place our kids in daycare (which I will not do). Social Security/Disability kept us in red tape for four and a half YEARS and finally granted supplemental security insurance. Now we finally won SSDI, so the funding is coming in. And for all that time, food stamps didn’t supply enough for a family of five with our situation. Medicaid didn’t support her medical needs. The housing programs (federal, state, and city’s) are backlogged to five years. We are in a bad way.

    In that time when we had literally nothing and no real means of supporting ourselves, my in-laws
    bought us a home to rent here in your city. The in-laws rent out the basement to help us afford a
    reduced rent. We didn’t want to live here, but we really had no choice. And since our income is severely limited by things out of our control, we resorted to unconventional methods of earning our living: raising rabbits, chickens, and ducks; using them for food, raiment, fertilizer, and a host of other products that we couldn’t afford. We worked hard to build hutches and coops, keep them comfortable, feed them home-grown foods and leftovers so we had no waste, vet them and prevent issues with neighbors. We did not sell our animals but reared and consumed their goods on premises. The animals thrived and we thrived. These animals kept us comfortable in ways your system couldn’t.

    On August 16, 2012, completely out of the blue, we received notice from Zoning Enforcement
    that we had 8 days to remove our animals or face severe punishments. A neighbor reported us because he thought that he was hurting the folks who live in our basement because they claimed that his tow truck ran over their lawn; they hurt us instead, in a fit of revenge. Without presenting a warrant, your Zoning Enforcement people went onto our property and made their report. After getting that threat on the 16th, we frantically tore down our hutches, and gave our wealth away to make you and your constituents feel better about their property values and pride. We had far more financial difficulties due to this loss of our wealth.

    We tried working with Zoning to get them back, but all we got was the usual runaround and rejection. Zoning claims that we have to get a lot of laws repealed before they will allow us the right to feed ourselves. With our previous experiences with the city council and Mayor (Name), we knew that wouldn’t happen. Many there love the system on nearly a religious level; there was no way they would willing change laws that would allow people to create wealth that they couldn’t tax at every turn.

    We have also had problems of bullying at our kid’s school, (Name of Elementary School). Mainly, the bullying of our oldest child have been along racial lines; the majority of her classmates being of Latino origin, they systematically and with the teacher’s and school’s blessing harassed our
    daughter to make her educational time useless. The bullying of our middle child is due to a medical condition that she cannot control. We have spoken many times to the Principal, but she has failed to resolve the situation on her end. The city attorney stated that we have no right to petition the city to resolve this.

    My only option is withdraw my children into a charter school or private school, both of which we can’t afford or transport them to. I know a lot of the school’s governance is not the City Council’s
    responsibility, but this happened in a school district of which you are a legislator and it reflects upon your previous governance.

    We also have had issues of transients who use our property without our consent. We’ve called
    the police to come and collect suspicious packages that are left in our carport. We have also had people that stole growing produce out of our garden and anything else that’s not nailed down to the point that my wife is too afraid to leave the house without me being with her. Also along those lines, she is afraid to do any changes to our garden now because she thinks Zoning will threaten us again! A severely disabled woman is terrified of your government punishing us; congratulations!

    This is why I threw your opponent off our property last election, and why I’ll do it again to the
    both of you. We had already faced unimaginable cruelty from this city, many of it’s citizens, and
    neighbors; on top of the bibles of paperwork that my wife’s disability produces and my children’s issues of dealing with their mother’s degeneration and eventual demise, that I didn’t want to deal with this city anymore.

    That is the legacy (Name of City) has made with our family!

    On top of what (Name of City) has done and continue to do, there is also the State of Utah that has not come through on it’s self-declared responsibilities. Due to my wife’s disabilities, we have had to deal with the Department of Workforce Services (DWS), HEAT program and other 211 services, and now with the Division of Services for People with Disabilities (DSPD). Before we knew about her issues, DWS had been a pain in the rear to deal with. Not just the scandals of poor customer service and selling our identities a while ago, but its been the mountains of paperwork that I have to fill out. I have mountains from the Feds with the taxes, Social Security, and such that I need to do.

    With DWS, I do a mountain of paperwork every three months, or when any changes no matter
    how big or small take place. They have done some good things about it by digitizing their applications, but I still must deliver the supporting documents by mail or drop off at their locations. Some of that documentation can get into 30 – 80 pages long, so mailing can cost us a lot. Delivering in person means I’ve had to miss work or other engagements to be gone for a couple hours just to drop off papers. HEAT program is the same way. The last time I submitted in November, we didn’t get responded to until March. And then I had to send in more paperwork and didn’t get coverage until April.

    We haven’t submitted the paperwork with DSPD, but right now as we’re waiting for stacks of doctor’s notes to arrive, but right now it’s a pile three inches tall of just what we have on-hand. And from what DSPD says, we have a four to six year wait before they can do anything on our case due to lack of State funds. They are supposed to assist us with housing, utilities, transportation, and what-not. This is what were were told they COULD help with, but most likely can’t with such poor funding and they only step in when they must, so we’ll have issues until they approve on helping us – which usually takes months. You were in the State Legislature that decided funding for this division.

    I understand the need to verify – I really do, but I have to do it for EVERY SINGLE PROGRAM! Every Federal program, every state program, and now I have (Name of City) watching us in some probationary time frame because we can’t support ourselves your way! This is the system you wanted as a legislator? Seriously? It makes things very difficult for people with severe TBI to get this done without having someone do it for them; it’s practically a part-time job just doing her paperwork and responding to your state’s correspondences!

    I can see already, by your legislative record, that you have little to no regard for people in our

    I will not support you, Mr. (Candidate), or you opponent Mr. (Candidate), or anyone else for Mayor that has a history of backing this sort of discrimination. The cruel injustices done to us will not be reversed because you both will support the city’s system that forces us to earn and thrive in your approved way.

    Your record as a legislator provides enough evidence to support this. We are to stay in this poverty under threat of arrest since our unique situation of a young married couple with a severely disabled spouse and young children is a very unique situation that is not recognized by (Name of City). I can only assume it’s because we have no wealth or influence that will profit any of you.

    Good luck Mr. (Candidate) on your campaign and political career, and I hope your hard work will get you what you want. Just remember that there are some people that will get terribly hurt. I don’t expect a response or you to make any changes which will make our lives easier. But, as you are running for government in the city we are stuck in, I wanted to make our standpoint known.

    Hope you are well,

    David M. Park”

    The candidates gave me perfunctory at best responses (even though I didn’t ask for responses) except the city councilman I threw off my property – he discussed it with me, contacted the city manager and the assistant city manager told me to go pound sand.

    This is where the fights must begin – city hall. You want your country to turn around; fix things locally first.

    • condaggitt

      David you are white get used to it…only black people are treated as gold in the system….how come they never ask a black person how can you afford those nails, or the smartphone?

      • davidmpark

        Race is not in this equation on our end. Racism is an unnatural medium to separate out followers by those that aren’t right in the head. Society wants to play that – I don’t.

        What is part of this equation is that local government, acting with state and fed, denied us our natural and God-given right to self-reliance by coercion to further their addictions to macroeconomics and group popularity.

        Thankfully, there’s a God in Heaven who is the final word on everything. Mercy and justice both will prevail.

        “The wicked in his pride doth persecute the poor: let them be taken in the devices that they have imagined.” Psalms 10:2

        • condaggitt

          Race is Important in the age of ohbewanna and holder…..think if you were black do you think you would have been harassed and had to suffer as much…i dont think so…..

          Plus here is a BIG TIP…..when government officials act like complete azzzholes and make you dot every I…….its because they are about to be FIRED…..they have some bad employment records and are doing everything by the book to save their neck….and YOU are the Target so they can file the right paperwork make their quota of arrest or fines….

          Normal people who are secure in their jobs would never have treated you so badly…so start digging and find the dirt on these people .. trust me its there.

          • davidmpark

            Oh! It’s there with these guys! I don’t want to tell people where I live, but right now the police chief and mayor both resigned due to major corruption in city gov and police. The police disbanded their narcotics task force after the police officers committed acts of murder of unarmed citizens. A policeman went missing without a trace and a neighboring city is investigating. Another was fired for stealing narcotics from a dead cancer patient. The city is heavily indebted to near bankruptcy levels. And their biggest achievement is forcing an ailing family to loose their food sources. They’re screwed!

            And I don’t think race is important – the individual is. Just because we have different nationalities and origins just provides more good looking people! We don’t need racism or segregation – we need personal industry and to see everyone as the intelligent, gorgeous, yummy people that they are!

    • GSOB

      “the assistant city manager told me to go pound sand.”


  • Lucky Charms

    I live north of the USA, and I gave up searching for a job this summer. It’s just too tedious and time-wasting. I have to go back to school in September and maybe when I graduate with $40,000 student loan debt I could find a decent minimum wage job.
    But I wonder how come those tenure workers ( those in the civil sector who are in top paying jobs) get their jobs for so long, that it is somewhat recession-proof?
    Man, this country has a serious issue with employment. And what use is it for millions of immigrants to migrate to Canada and America when they are going to struggle to find jobs like the citizens are facing? I don’t understand.

    • Mondobeyondo

      I know where you’re coming from (and for you smart derrieres, it’s not Interstate 10 past Blythe heading east to Quartsite).

      There isn’t much, if anything about life, that is fair. You deal with it, and wait for the right opportunity. If opportunity doesn’t knock, break the door down.

      • Hammerstrike

        The answer is to struggle.

    • seth datta

      more people =lower wages =more CEO profit

      • Mary

        Actually, it’s the share holders who put the gun to the CEO’s head. He turns a profit, and they say, “Good job!”

        • Charles Lee Allen

          Greed has caused corporate America to cut the feet out from under their own people! This country needs to turn back to the God of Abraham, Isaac, and Israel!

          • Hammerstrike

            cdn.motinetwork.n et/politifake.o rg/image/political/1203/unemployable-employment-recession-punks-occupy-politics-1333142411.j peg

            I blame Corporate Greeed!

      • Hammerstrike

        cdn.motinetwork.n et/politifake.o rg/image/political/1203/unemployable-employment-recession-punks-occupy-politics-1333142411.j peg

        I blame Corporate Greeeed! Bush stole my denture!

  • markthetruth

    Bill’s having a hard time he’s be Looking for at least a year already and hasn’t shaved, he must smell too!!! Looking like that he needs to try Duck Dynasty or Mountain Men or move to Alaska .

    the end…

  • Dee R

    Enough talk already, just crash and get it over with!

    • Tim

      I know where you’re coming from. Sadly, I think TPTB are going to prolong the pain for those suffering the most. What a world we live in.

    • mattjerch

      exactly! almost like….if there was gonna be a crash….it already would have happened. I kno, its not a single event. But! is the mainstream media really controlled THAT much so none of this stuff is reported. I realize msm is controlled but this MUCH?!!…I agree, just crash already

  • Mudpie

    If the press were to treat Obama as they did Bush, we would see a savaging of this savage president, with nightly streams of pictures showing the tent cities, with headlines “The Great Depression II” flashed across the screen. But they are hiding it. With a vengeance. One day, history will judge them harshly, more than we can imagine. For now, the nation’s formerly honorably institutions continue to rot like fetid toadstools in the summer heat of D.C.

  • Lucy

    The job situation in Canada is quite dire as well and so we packed up and moved to Germany. The unemployment rate here is below 4% and there is a desperate shortage of STEM educated workers here.
    Unlike the U.S. which views any immigrant with suspicion, Germany will welcome you with open arms.

    • Ralfine

      If you speak German, that is.
      And there is 15% mandatory health insurance 30% tax and 10% mandatory pension insurance.

      The 4% unemployment rate isn’t really true.
      Just like everywhere else you need to look at full-time jobs. And Germany doesn’t even have a minimum wage law. Or only for a handful of job types. Hairdressers get paid 3 EU per hour. They need to apply for “foodstamps” to survive.

      There isn’t a shortage of STEM educated workers. There is a shortage of STEM educated workers who work for low pay.

    • piccadillybabe

      I heard awhile back that the Germans are not a very welcoming nation. I don’t think there is anyway we can escape the low productivity the whole world is experiencing right now. People just have to start realizing it is not going to be business as usual anymore.

  • SOS

    Another great article, Michael, But you forgot to add in the impact that 11 million new citizens (former illeagels) will have on the employment numbers.You’ll long for the day when you could get a part time job at mickey d’s!!

    • Ralfine

      Almost none. They already work in the US, which is why they want to become “legal”.
      After legalization they can be added to the number of people having a job.

      • quercus454

        Some are already are counted. Some 8 million who working at jobs Americans should have.

        • Ralfine

          Well, blame the employers, not the immigrants.

        • Ralfine

          In Hong Kong, if you are caught employing illegal immigrants you face 2 years jail.

  • RarefiedSnotress

    Whatever happened to the entrepeneurial spirit? As a woman, I tend to safeguard myself in ways, especially in florida due to it’s shifty characters, but I have my own business. Men don’t typically have the same personal safety issues,and they still have that guy camaraderie that makes it easier to go about business. I can’t see any reason why a bunch of guys should be whining about lack of opportunity in America.

  • chilller

    People in the media listen up…if you are of such low information and esteem personally about the job you are doing and how really, really angry the populous is at you right now, I’d think twice about continuing a career of espousing the disinformation, exaggerations and down right lies that your handlers pay you to do. Because when things begin to unravel, it’s you, the people will come after…not your handlers. You are their insulation and sacrificial sheep who will feel the wrath of the people. Don’t believe it? Throughout history, what’s the first place that comes under fire during an uprising…media outlets. So continue on at your own risk as the carnival barkers for the cowards who will gladly toss you under the bus in order to keep their little world safely operating from a distance.

  • seth datta

    Michael, could you please do an article on Denver International Airport, including the fact that it is:
    (a) shaped like a swastika
    (b) has the fourth horseman of the apocalypse as a statue, amongst its many creepy statues, and,
    (c) has many unsettling art murals, including one of the many inhabitants of the earth weeping over three coffins, one of them containing a Christian.

  • Spud

    Chicago Burbs – We are always looking for good programmers. The key word there is good. Programming seems to be in another bubble; even fresh out of school kids – who don’t really know jack – have job offers lined up. By the way, if you are really interested in programming, college is optional; you can learn on your own if you are motivated. Even google doesn’t require a degree at all – it was found to have no correlation with job performance.

    I’ve been programming 14 years and while I still mostly enjoy it, it can be stressful especially with all the cloud stuff that you need to make sure runs 24/7, which is usually an impossible goal.

    We’ll see if we can get better people after this current bubble busts.

  • Trailer Park Investor

    It’s all down hill from here.
    “famous last words”.
    Actually, it’s more like over the cliff from here.
    Tighten your seat belts as this ride gets real rough from here.

  • frank1569

    We all understand that at least 50% of low wage ‘service industry’ jobs can easily be replaced with robots tomorrow, right? You know, the way ATM’s replaced 50% of bank tellers, and movie ticket kiosks and online purchases are replacing ticket sellers, etc.

    So shut up and get back to work, poverty-wage serfs…

  • Dave Webb

    First off there is appearance. You have to appear to be someone a company might want to hire.
    The beard has to go and so do the clothes. Need a tie, shirt, suit jacket, and dress shoes.
    Next you need to get into motion. That means you sit down and figure out what you are qualified to do and go out there and look for it.
    You have to schedule yourself. That means your job is to find a job and that is a full time occupation of putting in job applications in things you want to do.
    Things in motion tend to stay in motion. Things at rest tend to die.
    It will probably take a lot of rejection to succeed in finding that job. The sooner you get started the better. Each rejection is one more step towards finding a job and keeping it.
    If it takes 10,000 applications, then one of those applications might pay off in getting a job.
    I didn’t invent this. It is straight out of a sales manual in Real Estate Sales. Only in Real Estate Sales in a depression you have to keep hustling if you want to survive.
    My own comment is that we as a nation deserve no better than what we are getting from these potential company employers.
    We let the Congress get this way.
    We let the President do what he is doing.
    We let the companies sell us out and go overseas for their employees.
    We had a perfect opportunity in the last election to fire the lot of them. We did not as a country do this.
    The laws of motion are from physics. They apply equally well to human interactions and results.
    Every action has an equal and opposite reaction.
    We need to stop supporting companies that lay off workers and send the jobs overseas. It is that simple. Put them out of business the same as they have put all of us out of work.
    Expose them to the public when they do these things and make them pay for it in lost business.
    I am sorry. Thought I was talking to people with guts. Obviously those are the rare exception as everyone wants to imitate sheep instead.

  • T.O.

    Lots of good paying jobs to be had for the average guy, down south. The caveat is you must be willing to work hard. A lot of jobs only require a few weeks/ months training all the way to no experience needed. Some require youth and strength. There are suit casing jobs, oil field, and pipe line work. My husband hears the employers crying for good, dependable workers. He sells to these companies and screams at the tv when the President makes his asinine jokes about Keystone pipe line.

  • Mondobeyondo

    So much manipulation, so little time..

    The primary reason the unemployment rate clicked downward from 7.6% to 7.4%, is because people gave up looking for work.

    The jobs that ARE available, are often low-wage service jobs or part-time jobs. Do you have a family to support or children to feed? Being a part-time greeter at Wally Mart isn’t going to cut it. (“Congratulations! You just won a loaf of bread! That makes you the… breadwinner!”)

    It’s just another form of diversion by the government and mass media, to distract the sheeple from how really dire the true situation is. It is everywhere. Whenever the government feels a little hot under the collar – what do you know? The State Department issues a worldwide terror alert for all Americans for the entire month of August! Seriously?!? Come on, get real. I’d rather travel to Rome and get blown up at a train station, than stay at home and get shot to death in my living room by home invaders. But that’s just me.

    And just in case you get freaked out by the evening news, just take a prescription pill! (Something like 1 out of every 3 advertisements shown on the over-the-air evening news broadcasts, are for some pharmaceutical drug or feel-good drug, lose weight pill, stop allergy pill, etc May be closer to 2 out of 3 ads.) Why do you suppose that is?
    “He’s the one they call Dr. Feelgood!
    He’s the one that’ll make you feel all right!”*

    * Motley Crue

    • Dee R

      its more like over 20 percent unemployment.



    14)”And the fruits that thy soul lusted after are departed from thee, and all things which were dainty and sumptuous are departed from thee, and thou shalt find them no more at all. 15)The merchants of these things, who were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing, 16)And saying, Alas, alas, that great city, that was clothed in fine linen, and purple, and scarlet, and bedecked with gold, and precious stones, and pearls!”

    What kind of lifestyle do you think of when you hear “jet-set”? The first thoughts that enter my mind are rich, first-class and spoiled. We see in verse 14 that the Babylonians became very extravagant in their tastes. This attitude is manifested when one’s heart and desires are for earthly treasures, not the riches of Heaven. When a person’s heart is set on earthly gain, he will never be satisfied.

    Apparently the tastes and desires of the Babylonian people have increased to a point that everything must be the biggest and best. Their stomachs are filled with tapeworms; they can never have enough. They are missing that contentment that Paul charges us to understand and to live in.

    No where in the world is this “mentality” found more than in America and Western Europe. It is the western world, remember, that controls the money system, which empowers people to purchase all the desires of their hearts. More and more people are becoming discontented and dissatisfied with what they possess. People are filled with fear of loss or lack. This leads them to love their own selves and desire or lust for more. This is the very root of sin according to the Bible.

    Westerners must have the finest of everything. Their purchases must be the latest and newest of fashion and design. This idolatrous spirit is not limited to the super rich, for even the average wage earner seeks after finer things. The whole motivation behind the “American Dream” of owning a home, two cars in the garage, a cabin on the lake, is all based on discontentment and covetousness. Because the Holy Spirit is not the power in charge of their desires, the devil leads them to desire the nicest, most expensive things money can buy.

    Today’s Christians are told to see what they want, then have faith that God will give it to them. What perversion of truth. This kind of teaching only excites the fleshly desires of men and turns them even further from the power of Jesus Christ.

    The word “dainty” means something delicious or a delicacy. When we are desiring the delicious things of this world, all in the Lord’s name, we won’t be too concerned with the welfare of someone else. The devil is very deceptive when it comes to the material things of the earth. The Babylonian mentality toward material things resembles the thinking of the Laodecian church. Is the Laodecian church located on Babylonian soil? It appears that it is.

    Our heritage as Christians is one of willing sacrifice and suffering for the name of Jesus. That doesn’t mean that a person should strive for pain and poverty, thinking that enhances his spirituality and standing before God. That “monk” mentality is as perverted as the Babylonians who strive to be rich.

    When you are truly seeking the knowledge of Jesus, you won’t be searching and seeking after the finer things of the earth. Neither will you seek to be poor and poverty stricken to show off your spirituality. That kind of thinking is the wisdom of this world, which is foolishness to God. Can you see the wisdom that God reveals in the Proverbs?

    Proverbs 30:7-9,

    7)”Two things have I required of thee; deny them not to me before I die; 8)Remove far from me vanity and lies; give me neither poverty nor riches; feed me with food convenient for me, 9)Lest I be full, and deny thee, and say, Who is the Lord? Or lest I be poor, and steal, and take the name of my God in vain.”

    These scriptures reveal the heart of a man that is honest before God. He knows, probably from experience, what it means to desire the dainties of this world. He has met God and decided that nothing of this earth can compare with Him. He knew how pride, vanity, and riches can make one so self-aware that he would forget the Lord in his daily life.

    A Spirit-led man will recognize the thoughts that enter his mind to constantly desire something finer, are the fiery darts of the devil. If you find yourself trapped in the web of Babylonian materialism, if the wisdom of the Proverbs is not part of your mentality, and you would like it to be, there is only one way to freedom. You must acknowledge your sin before God, desire to be free, and receive Jesus into your heart, and let His Spirit fill your mind and heart with faith and love.

    Babylon will burn from coast to coast because the people lusted after the delicacies of the world. Don’t be part of the group who will weep and wail when the financial empires of Babylon are burning to the ground. Be part of the group who weep and mourn over their sinfulness, and the immeasurable grace of God to forgive and cleanse that sin from their very presence. Babylon the great is falling, don’t you!

    • North of the Bakken

      Preach it friend!
      We are all traveling at break neck speed and so few are listening to the warnings. If you say or even hint that the happy days might run out even less are interested in hearing about it.
      Even though you are preaching to the choir,
      I will say we appreciate it!

  • piccadillybabe

    As we all know, the euro zone has also been experiencing joblessness of epic proportions, like 2 out of 3 are out of work there.
    Was listening to a radio program on progressive radio when this guy from the UK started talking about Britain’s ‘zero-hours contracts’, which offer no guaranteed amount of work and pay, and some weeks provide nothing. People contracted to do these jobs have to be on call 24/7 lest they get called in to work.

    Almost unheard of in the rest of Europe and the United States, the rapid growth of this type of work helps explain how Britain’s barely growing economy has nonetheless been able to provide jobs for a record number of people.

    One in five jobs created in Britain since late 2008 has come with a zero-hours contract, many of them in low-paid roles such as caring for the elderly or stacking shelves, but increasingly in work that requires more qualifications.
    Thinking about that scenario is pretty dire. Perhaps we should all leave while the going is good as that type of employment could be coming to our shores.

    Under a zero-hours contract, an employer has no obligation to provide a minimum number of shifts, unlike other jobs.

    Workers are not obliged to accept hours either. But critics argue that the flexibility mostly benefits employers because workers who reject being called up on one occasion risk being frozen out of all future work.

  • Cyber Revengeance

    Jobs are less but US is more productive with less workers. Thats what is happening.

  • Concerned Boy

    I am very concerned

  • Ken Olshein

    they also count meaningless part time jobs over and over again the same as a full time job with a good salary and benefits. its all a hoax on the uninformed public.

  • Hammerstrike

    Nice bear. Michael!

  • Trader Joe

    OK, the smart money is getting out. Out of what and into what?

    • davidmpark

      Out of the fed’s reach and into the FOREX and other markets.

  • Trader Joe

    If we could get the EPA out of the way, there could be many, many jobs that pay well in the oil industry. And, Canada wants to drop oil at our doorstep (XL pipeline), but we can’t because there may be some owl or bug that is affected by it.

    We could have good paying jobs in this country if it were not for the obstructionists in our government. They are the ones to blame.

    We have out-sourced our manufacturing jobs along with many good paying tech jobs. Our leaders have done this to us.

    • sharonsj

      According to the state department report (which you righties love to quote because It says the environment won’t be too bad off), the Keystone pipeline will only create about 20 PERMANENT JOBS!!!

    • shogun_01

      Kinda sad that you require other nations resources to survive

  • Trader Joe

    Sadly, many of us have “retirement accounts” that are invested in things that are going to tank.

    The “smart money” knows what to do to escape financial Armageddon, buy many of us will lose everything, because we didn’t know how to avoid what is coming.

  • Habib Jamaroqui

    If you voted for Obama then you deserve everything you are about to receive just like Mao’s people.



  • El Pollo de Oro

    Michael T. Snyder writes: “As bad as the employment picture is right now, this is NOTHING compared to what is coming.” Very true. And that is saying a lot when you consider how high the unemployment rate is now. On August 2, economist John Williams/Shadow Statistics published an update on the REAL unemployment rate for July. It isn’t getting any better. When you factor in ALL unemployed Americans (including the long-time unemployed the bogus government statistics include), you’re still looking at unemployment of around 23% for The Banana Republic of America (the Third World pesadilla that used to be Los Estados Unidos). So you already have 1932-level unemployment in the BRA, and things are going to get much worse just as Michael T. Snyder, Alex Jones, Peter Schiff, Gerald Celente, Dr. Paul Craig Roberts and Chris Hedges have been predicting. In other words, if you think The Great Depression of the 1930s was rough (and it sure as hell was… grandmother lived through it and gave me all the gory details when I was growing up), just wait. The Greatest Depression, as Gerald Celente calls it, will make the 1930s look like a picnic at the Jersey Shore.

    “It turns out RoboCop was an optimistic view of Detroit’s future.”—Stephen Colbert

    “Poor people, especially those of color, are worth nothing to corporations and private contractors if they are on the street. In jails and prisons, however, they each can generate corporate revenues of $30,000 to $40,000.”—Chris Hedges

    “It is probably going to be the messiest, darkest time that we’ve experienced in this country. I’d be very willing to bet that.”—The Patriot Nurse

    “People are very confused. They think the welfare bums are their normal neighbors next door, Joe Six Pack next door—whereas in fact, it’s the banking sector. They’re the ones that suck out and leach upon the economy.”—Stacy Herbert

    “We are now entering the edge of a global financial superstorm, the likes of which the planet has never seen.”—Alex Jones

    “The euro is a failure. Italy, Spain, Greece, Portugal, Ireland—they’re suffering the worst downturn since the Great Depression. The euro is only 12 euros old, and it’s finito. They should bury it, but they’re going to prop it up because it’s easy when you have a centralized currency, a centralized bank to steal your money.”—Gerald Celente

    “Our dollar is going down rapidly as we speak.” —Ron Paul

    “The effect of the new economy is to have an undeveloped Third World economy.” —Dr. Paul Craig Roberts

    “Don’t be surprised when the global elite confiscate money from your bank account one day.”—Michael T. Snyder

    Welcome to Ground Zero in hell, also known as The Banana Republic of America.

  • El Pollo de Oro

    Mondobeyondo: A friend of mine recently heard me use Gerald Celente’s term “presstitutes” to describe the buffoons in the mainstream media. He said, “Please don’t insult prostitutes by equating them with the mainstream media. Prostitutes have a lot more integrity.” Ha ha! Yes, I can see his point.

    When formerly middle class people do without air conditioning during extreme heat or without heat in the winter, you know the country is in serious trouble. This summer, we’ve had some nasty heatwaves here in Philly (high temps with extreme humidity). I talked to a guy in my neighborhood who won’t run his AC because he needs to budget for heat come winter. In the past, that dude never would have felt he had to choose between AC in 100F temps (with 90% humidity) and heat on 20F days.

  • Charles Lee Allen

    QUACK, QUACK, QUACK, to all the people that do not have spiritual eyes to see truth. This is what happens when you allow 55 million unborn children to be murdered: when you allow leadership to teach that perversion is normal: and you remove God from the nation that He founded. Yes, this is only the beginning of the end! JESUS CHRIST IS LORD!

  • cowboy

    Texas or West texas is crying for qualified people
    any type of equipment operator ,ccarpenters,brick masons, truck drivers or making a 150,000. per yr.
    if you want to work you can advance and make a great living housing is problem so bring your RV to start but you have to move. Story in paper outlines man from Florida came on bus applied as handy man company provided him a place to sleep within 3 months was trained and able to rent and start saving to buy his own home . If you dont believe do your own research jobs are everywhere in part of Texas .

    • ConcernedAmerican

      Where exactly in Texas are these jobs that train and pay well available? Which city is this near? Are there specific companies we can put an application in with? Thanks for the tip.

  • ConcernedAmerican

    After reading this, I had to read James 5.

  • A D

    Wall-CHINA-Mart is a big supporter of Oboma and it imports BILLIONS from CHINA every year. People don’t care, 3/4 of the customer base is subsidized from TAX dollars welfare/foodstamps/hud/FREEBIE programs (cell phones). ILLEGALS receiving hundreds of BILLIONS from hard working Americans.

  • A D

    The Social Elite will make sure the USA is 3rd world because as King Oboma said it is ‘not OK for you to have A/C and own a SUV since the rest of the world said it is not acceptable…

  • Long story made short: The new reality reflects the US as a consumer nation rather than a manufacturing nation. The goal of maximizing corporate profits to appease shareholders led to offshoring entire industries. It’s done, and as the article points out, the bad effects haven’t begun to hit. Yet.

  • survivor727

    “Free Trade” agreements have turned the U.S. into Mexico. Soon the “path to citizenship” will complete the transformation. When someone is willing to do a job anywhere, anytime in any country for a percentage of what you earn, it’s game over.

    If an American Worker demands $10/hour, there is always someone willing to do it for $2/hour or even less! Multi-national companies are in business to make money. So who do they choose?

    Ross Perot was right and we are paying the price. Before Wilson signed the Federal Reserve and the income tax into existence, governemtn was paid for primarily by fees and tarrifs. The banksters got the Federal Reserve and then they needed a way to fund it so they got the income tax.

    The problem is there is never enough money so we have entered one bad trade deal after another. When OBummer finishes the Pacific Rim Traade negotiations they will put the final nails in the coffin of the American Worker.

    New Economy? Sounds great! But where are the jobs? Obama ran against outsourcing and yet his own jobs council had people outsourcing like G.E. and OBummer said nothing!

    OBummer was put in place as a puppet to preside over the orderly dismantling of America so it can be raffled off to the highest bidder.

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