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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Working Poor - Photo by Jml0519 at en.wikipedia

Child Poverty In America Is Absolutely EXPLODING – 16 Shocking Statistics That Will Break Your Heart

If the U.S. economy is improving, then why is child poverty in America absolutely exploding?  If we are experiencing “economic growth”, then why are more than half of all children in major U.S. cities like Cleveland and Detroit living in poverty?  If we are the “greatest economy on earth”, then why are one out of every four American children on food stamps?  The shocking statistics that you are about to read below should absolutely break your heart.  Tonight, millions of precious American children will go to bed without any dinner.  Tonight, millions of American children will shiver as they try to go to sleep because their families cannot afford any heat.  How bad does child poverty have to get before we all finally admit that our economic system is completely failing many of the most vulnerable members of our society?  If you want someone to blame, you can blame Congress, the Obama administration, the Bush administration and the corrupt Wall Street bankers.  But most of all, blame the Federal Reserve and the debt-based monetary system that the Fed administers.  Our economy is in the midst of a long-term decline and is slowly but surely dying.  Many of those that are suffering the most from this decline are children.

The following are 16 shocking statistics about child poverty in America that will break your heart….

#1 Child homelessness in the United States is now 33 percent higher than it was back in 2007.

#2 According to the National Center on Family Homelessness, 1.6 million American children “were living on the street, in homeless shelters or motels, or doubled up with other families last year”.

#3 The percentage of children living in poverty in the United States increased from 16.9 percent in 2006 to nearly 22 percent in 2010.  In the UK and in France the child poverty rate is well under 10 percent.

#4 A higher percentage of American children is living in poverty today than was living in poverty back in 1975.

#5 The number of children living in poverty in the U.S. has risen for four years in a row.

#6 There are 10 different U.S. states where at least one out of every four babies is born to a family living in poverty.

#7 Since 2007, the number of children living in poverty in the state of California has increased by 30 percent.

#8 According to the National Center for Children in Poverty, 36.4% of all children that live in Philadelphia are living in poverty, 40.1% of all children that live in Atlanta are living in poverty, 52.6% of all children that live in Cleveland are living in poverty and 53.6% of all children that live in Detroit are living in poverty.

#9 In the United States today, more than 35 percent of all African-American children are living in poverty and more than 33 percent of all Hispanic children are living in poverty.

#10 There are seven million children in the United States today that are not covered by health insurance at all.

#11 Today, one out of every seven Americans is on food stamps and one out of every four American children is on food stamps.

#12 It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.

#13 In 2010, 42 percent of all single mothers in the United States were on food stamps.

#14 There are 314 counties in the United States where at least 30% of the children are facing food insecurity.

#15 In Washington D.C., the “child food insecurity rate” is 32.3%.

#16 More than 20 million U.S. children rely on school meal programs to keep from going hungry.

So why are so many children suffering so badly?

Well, one reason is that millions of parents are unemployed.  The government tells us that the official unemployment rate is 8.6 percent, but when you take an honest look at the numbers the truth is that the situation is much worse than that.

A recent Washington Post article included the following quote from Ed Luce of the Financial Times….

“According to government statistics, if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.”

The U.S. government has artificially reduced “official” unemployment numbers by claiming that millions upon millions of Americans have “left the workforce” over the past 4 years.

In addition, millions upon millions of American parents have been forced to take crappy, low paying jobs because they simply cannot find anything else.

At this point, the share of the economic pie being taken home by U.S. workers has fallen to record lows.

For example, the following comes from a recent CNBC article….

The labor share — the amount paid to workers instead of businesses and other income-earning entities — was reported to have fallen to 57.1 cents on the dollar for the business sector, its lowest level since it was first reported by the Bureau of Labor Statistics in 1947.

Median household income in the United States has fallen for several years in a row, and yet the cost of household basics just seems to keep going up and up.  For example, electricity bills have risen faster than the overall rate of inflation for five years in a row.

American families are being squeezed by this economy, and millions of children are feeling the pain.

Every single day, large numbers of American families get dumped out of the middle class and into poverty.  According to the latest figures, extreme poverty in the United States is now at the highest level ever recorded.  The number of good jobs continues to shrink and the poor are getting poorer.  Things are really bad in America today, and unfortunately it looks like the economy is going to get a lot worse in the years ahead.

But most Americans still do not understand what is happening.  One of the biggest problems we are facing is something called “normalcy bias”.

The following is how Wikipedia defines normalcy bias….

The normalcy bias, or normality bias, refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.

Most Americans still believe that things will eventually return to “normal”.

After all, every time the U.S. has had a recession in the past we have always recovered and gone on to better things, right?

Well, the cold, hard truth of the matter is that this is not just another economic downturn.  There are a whole host of very bad long-term economic trends that are ripping our economy to shreds.  We are a nation that is drowning in debt even as our economic guts are being ripped out.  The greatest economic machine in the history of the world is being destroyed right in front of our eyes, and most Americans don’t even realize it.

Sadly, most Americans are so brainwashed by the mainstream media that they are not going to believe you the first time that you tell them about all the statistics that point to a coming economic collapse.

Many of them are going to have to be hammered with articles like this time and time again until they finally get it.

America is in a massive amount of trouble, and because of the economic mistakes that we have made millions of children are going to needlessly suffer.

Please share this article with as many people as you can.  The more people that we wake up, the better off America is going to be.

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