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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Is Wal-Mart Destroying America? Facts About Wal-Mart That Will Absolutely Shock You

America absolutely loves Wal-Mart.  100 million customers visit Wal-Mart every single week in this country.  But is Wal-Mart good for America?  That is a question that most people never stop and ask.  Most of us love shopping in big, clean stores that are packed with super cheap merchandise, but the truth is that Wal-Mart is destroying America in a lot of ways.  As you will see below, Wal-Mart has destroyed tens of thousands of small businesses and countless manufacturing jobs over the past couple of decades.  Wal-Mart has become a gigantic retail behemoth that sells five times more stuff than any other retailer in the United States.  Unfortunately, a large percentage of all the stuff sold at Wal-Mart is made overseas.  What that is costing the U.S. economy in terms of lost jobs and lost revenue is incalculable.  But Wal-Mart is a perfect example of where our economic system is headed.  Our economy is becoming completely and totally dominated by highly centralized monolithic predator corporations that ruthlessly crush all competition and that will stoop to just about anything in order to cut costs.  In the future, will we all be working for gigantic communal entities that funnel all of the wealth and economic rewards to a very tiny elite?  That sounds very much like how communist China works, and red-blooded Americans should want no part of that.  America is supposed to be about free enterprise and competition and working together to build up this country, and Wal-Mart is destroying all of that.

The following are 20 facts about Wal-Mart that will absolutely shock you….

#1 The average U.S. family now spends more than $4000 a year at Wal-Mart.

#2 In 2010, Wal-Mart had revenues of 421 billion dollars.  That amount was greater than the GDP of 170 different countries including Norway, Venezuela and the United Arab Emirates.

#3 If Wal-Mart was a nation, it would have the 23rd largest GDP in the world.

#4 Wal-Mart now sells more groceries than anyone else in America does.  In the United States today, one out of every four grocery dollars is spent at Wal-Mart.

#5 Amazingly, 100 million customers shop at Wal-Mart every single week.

#6 Wal-Mart has opened more than 1,100 “supercenters” since 2005 alone.

#7 Today, Wal-Mart has more than 2 million employees.

#8 If Wal-Mart was an army, it would be the second largest military on the planet behind China.

#9 Wal-Mart is the largest employer in 25 different U.S. states.

#10 According to the Economic Policy Institute, trade between Wal-Mart and China resulted in the loss of 133,000 manufacturing jobs in the United States between 2001 and 2006.

#11 The CEO of Wal-Mart makes more in a single hour than a full-time Wal-Mart associate makes in an entire year.

#12 Tens of thousands of Wal-Mart employees and their children are enrolled in Medicaid and are dependent on the government for healthcare.

#13 Between 2001 and 2007, the value of products that Wal-Mart imported from China grew from $9 billion to $27 billion.

#14 Amazingly, 96 percent of all Americans now live within 20 miles of a Wal-Mart.

#15 The number of “independent retailers” in the United States declined by 60,000 between 1992 and 2007.

#16 According to the Center for Responsive Politics, Wal-Mart spent 7.8 million dollars on political lobbying during 2011.  That number does not even include campaign contributions.

#17 Today, Wal-Mart has five times the sales of the second largest U.S. retailer (Costco).

#18 The combined net worth of six members of the Walton family is roughly equal to the combined net worth of the poorest 30 percent of all Americans.

All over the country, independent retailers are going out of business because they cannot compete with Wal-Mart and their super cheap Chinese products.  Often communities will give Wal-Mart huge tax breaks just to move in to their areas.  But what many communities don’t take into account is that the introduction of a Wal-Mart is often absolutely devastating to small businesses….

A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss of $2.46 BILLION over a 13-year period.

When we buy stuff made by people working for slave labor wages in China, we destroy good paying American jobs and we make America poorer.  This is a point that I have tried to make over and over.

Wal-Mart often tells one thing to the public and then does another thing in private.  Sadly, the truth is that Wal-Mart does not care about U.S. manufacturing jobs.  Wal-Mart just wants to get products as cheaply as they possibly can, and most of the time that means getting them from China.

Just check out this first-hand testimony from an 81-year-old retired apparel manufacturer….

I was president of the Southwestern Apparel Manufacturers Association. There was a meeting sometime between 1985 and 1990. Walmart had contacted our organization and asked if they could meet with us at our beautiful Apparel Mart we had here in Dallas, which has now been razed, because all the independent merchants don’t exist that used to come to it. Two people from Walmart came down and they said they were going to be sourcing goods from overseas and we would have to meet those prices for consumer products and to get ready for it—we are going to be sourcing the world. Walmart was the only company that came out and said this.

It was sort of shocking: I was selling them some merchandise at the time. On the back of their trucks it was saying “Bring it Back to America!” They had the big “keep it in America” program going at that time on the big signs in the stores. Meanwhile when I reminded the buyer of that, she told me, “that is just for domestic consumption, we’re going to buy at the cheapest we can anywhere on earth.”

As I have written about previously, the United States has lost more than 56,000 manufacturing facilities since 2001.

We are losing millions of good jobs that cannot be replaced.  If you can believe it, the United States has actually lost an average of about 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

Last year, the U.S. trade deficit with China was the biggest trade deficit that one nation has had with another nation in the history of the world, and Wal-Mart played a huge role in that.

In fact, Wal-Mart has actually been forcing some U.S. manufacturers to pack up and move overseas.  The following is from a recent article by Amy Traub….

Walmart’s market power is so immense that the even the largest suppliers must comply with its demands for lower and lower prices because they cannot afford to have their goods taken off its shelves. Companies that used to manufacture products in the United States, from Levi’s jeans to lock maker Master Lock, were pressured to shut their U.S. factories and moved manufacturing abroad to meet Walmart’s demand for low prices.

Unfortunately, the vast wealth that Wal-Mart is sucking out of our communities is not put back into our communities.  The profits are funneled out to Wal-Mart executives and shareholders.  We may enjoy the low prices, but very little of the money that we give to Wal-Mart gets recycled in our local areas.

In the old days, you could actually support a family selling electronics or running a general store.  But you can’t support a family working at Wal-Mart.  The vast majority of the jobs that Wal-Mart creates are very low paying.  Large numbers of Wal-Mart employees are actually on welfare, and this is part of the reason why we have seen such an explosion in the number of the working poor in America.

At this point, more than 40 percent of all jobs in America are low wage jobs and the middle class is rapidly disappearing.

If we do not support American jobs and American manufacturers they will continue to go away and the welfare rolls in this country will continue to explode.

There is not going to be any prosperity in this country without jobs.  Unfortunately, most Americans simply do not understand how good jobs are being systematically destroyed in America every single day.

The path that America is headed on today is only going to end in complete and total disaster.  We are being transformed from a wealthy nation into a poor nation.  In the end, we will be dominated by a very tiny elite and everyone else will either be among the working poor or will be totally dependent on the government.

Our system is supposed to be about open, honest competition.  But that is not what Wal-Mart is about.  Wal-Mart is about crushing small businesses and manufacturers here in America and getting us all to buy their super cheap Chinese-made goods.

So what do all of you think about Wal-Mart?  Please feel free to post a comment with your thoughts below….

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