10 Signs That Economic Riots And Civil Unrest Inside The United States Are Now More Likely Than Ever

You should let the video footage of the wild violence that just took place in London burn into your memory because the same things are going to be happening all over the United States as the economy continues to crumble.  We have raised an entire generation of young people with an “entitlement mentality”, but now the economy is producing very few good jobs that will actually enable our young people to work for what they feel they are entitled to.  If you are under 30 in America today, things look really bleak.  The vast majority of the good jobs are held by people that are older, and they aren’t about to give them up if they can help it.  It is easy for the rest of us to tell young Americans to “take whatever they can”, but the reality is that there is intense competition for even the most basic jobs.  For instance, McDonald’s recently held a “National Hiring Day” during which a million Americans applied for jobs.  Only 6.2% of the applicants were hired.  In the old days you could walk down to McDonald’s and get a job whenever you wanted to, but now any job is precious.  The frustration among our young people is palpable.  Most of them feel entitled to “the American Dream” and they feel like the system has failed them.  Unfortunately, many of them are already turning to violence.  But the economic riots and the civil unrest that we have already seen are nothing compared to what is coming.  Americans are angry, and as the economy continues to collapse that anger is going to reach unprecedented heights.

In recent days, even many in the mainstream media have been openly wondering if the riots that happened in London could happen here too.  There is a growing acknowledgement that this country is headed down a very dark path.

The sad thing is that these riots accomplish absolutely nothing.  The recent London riots did not create any jobs and they certainly did not solve any economic problems.  Instead, they actually hurt the economy even more because a huge am0unt of property was destroyed and people are even more afraid to continue with business as usual.

But when people get to the end of their ropes, most of the time they are not thinking rationally.  When frustration erupts, the results can be very, very messy.

All over the United States we are already seeing some very troubling signs of the violence that is coming.  The following are 10 signs that economic riots and civil unrest inside United States are now more likely then ever….

#1 Going to the state fair used to be such a fun thing for American families to do.  But now no place is safe.  The following is how one local ABC News affiliate described the “flash mob” attacks that took place at the Wisconsin state fair recently….

Milwaukee police said that around 11:10 p.m., squads were sent to the area for reports of battery, fighting and property damage being caused by an unruly crowd of “hundreds” of people. One officer described it as a “mob beating.”

Police said the group of young people attacked fair goers who were leaving the fair grounds. Police said that some victims were attacked while walking. They said others were pulled out of cars and off of motorcycles before being beaten.

One eyewitness said that the flash mob attacks at the Wisconsin state fair absolutely overwhelmed the limited police presence that was there….

When I saw the amount of kids coming down the road, all I kept thinking was, ‘There’s not enough cops to handle this.’  There’s no way.  It would have taken the National Guard to control the number of kids that were coming off the road.  They were knocking people off their motorcycles.

#2 According to a new Rasmussen survey, 48% of Americans believe that reductions in government spending are “at least somewhat likely” to result in civil unrest inside the United States.  Unfortunately, perception often greatly influences reality.

#3 U.S. consumer confidence is now at its lowest level in 30 years.

#4 Joblessness among young Americans is at an epidemic level, and when rioting does break out it is usually young people that are leading the way.  That is why the following statistics from an article in The Atlantic are so troubling….

One in five Americans are between 15 and 29-years old. And one in five of those Americans are unemployed. For minorities and the under-educated, the picture is much worse. Black teenagers have an unemployment rate of 44 percent, twice the rate for white teens.

#5 We are starting to see mindless violence in a lot of areas that used to be considered safe.  In Kansas City on Saturday night, three young people were hit with bullets as they walked the streets of the Country Club Plaza.  Mayor Sly James was about 50 yards away when the gunfire erupted.  Authorities in Kansas City are considering a stricter curfew for that area.

#6 “Flash mobs” have become such a problem in Philadelphia that the mayor has imposed a strict curfew on young people.  Now all teens between the ages of 13 and 18 must be indoors by 9 o’clock at night.  The mayor also says that teens need to start pulling up their pants….

“Pull your pants up and buy a belt ’cause no one wants to see your underwear or the crack of your butt.”

#7 All over the United States we are seeing that many struggling Americans will do just about anything for money.  For example, in Detroit recently three masked men crashed a vehicle through the entrance of a gas station and took off with an entire ATM machine.

#8 Desperate people do desperate things.  Many of America’s “forgotten poor” are trying to survive any way that they can.  For instance, a group of vagrants recently set up “a makeshift camp” near Prospect Park lake in Brooklyn.  According to the New York Post, many nearby residents have been disturbed by what these “drifters” are doing to survive….

The drifters have been illegally trapping and cooking up the critters that call the park home, including squirrels, ducks and swan-like cygnets.

They used crude tactics to hunt their prey, including barbed fishing hooks that ripped off the top half of one poor gosling’s beak. They then cooked the meat over illegal fires. Some of the animals were eaten raw.

#9 According to CNN, sales of safes and vaults are absolutely soaring right now.  One store owner told CNN that she believes that she is selling a lot more safes now because people are scared that civil unrest could be coming….

“Folks are worried about the decreasing value of the dollar, burglaries on the rise in their neighborhoods … and even the possibility that the unrest we are seeing in other parts of the world slipping over to our country.”

#10 Over the past 100 years, the American population has moved steadily into our big cities and the surrounding suburbs.  This has created virtual “ghost towns” in our rural areas from coast to coast.  Back in 1910, 72 percent of Americans lived in rural areas.  Today, only 16 percent of Americans live in rural areas.  But when you crowd huge masses of people close together that makes riots and civil unrest much more likely.

Most Americans are already fed up, and the economy is not even that bad yet.  One recent survey found that 73 percent of Americans believe that the nation is “on the wrong track”.  Another recent poll found that only 17 percent of Americans now believe that the U.S. government has the consent of the governed.

Millions of very frustrated young people believe that the economic system has failed them and that the political system no longer holds any answers.

America is rapidly approaching a breaking point.  I have written previously about the collapse of society that we are already witnessing all over the United States.  When the economy totally breaks down, most Americans are not going to be able to handle it.

Sadly, instead of coming together and trying to do something productive, many Americans will resort to rioting, looting and civil unrest.  We have already seen this during local emergencies such as Hurricane Katrina.

But mindless violence accomplishes absolutely nothing positive.  It just always makes things worse.

Unfortunately, logic and reason are not going to be enough to stop the gigantic wave of frustration that is coming.  For most of the rest of us, it will be hard enough to get out of the way and protect our own families from the economic riots and the civil unrest that are coming.

The thin veneer of civilization that we all take for granted is starting to disappear.  Hatred and anger are growing by the day.  The United States is becoming a very frightening place.

So get ready.  Our politicians certainly don’t have any answers for us.  The debt ceiling deal was a complete and total joke, and corruption is absolutely rampant in Washington right now.  Barack Obama is getting ready to leave for yet another vacation, and most of our politicians are only focused on the next election.

So don’t expect a “miracle” from those that are supposed to be leading us.

They don’t care about you.

You need to take care of yourself and your family and your friends.

A massive economic collapse is coming, and most Americans are going to be totally blindsided by it.

Don’t let that happen to you.

GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace

Jeffrey Immelt, the head of Barack Obama’s highly touted “Jobs Council”, is moving even more GE infrastructure to China.  GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it “is moving the headquarters of its 115-year-old X-ray business to Beijing“.  Apparently, this is all part of a “plan to invest about $2 billion across China” over the next few years.  But moving core pieces of its business overseas is nothing new for GE.  Under Immelt, GE has shipped tens of thousands of good jobs out of the United States.  Perhaps GE should change its slogan to “Imagination At Work (In China)”.  If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?

Earlier this month, Immelt made the following statement to a jobs summit at the U.S. Chamber of Commerce….

“There’s no excuse today for lack of leadership. The truth is we all need to be part of the solution.”

Apparently Immelt’s idea of being part of the solution is to ship as many jobs overseas as he possibly can.

A recent article on the Huffington Post documented how GE has been sending tens of thousands of good jobs out of the country….

As the administration struggles to prod businesses to create jobs at home, GE has been busy sending them abroad. Since Immelt took over in 2001, GE has shed 34,000 jobs in the U.S., according to its most recent annual filing with the Securities and Exchange Commission. But it’s added 25,000 jobs overseas.

At the end of 2009, GE employed 36,000 more people abroad than it did in the U.S. In 2000, it was nearly the opposite.

GE is supposed to be creating the “jobs of tomorrow”, but it seems that most of the “jobs of tomorrow” will not be located inside the United States.

The last GE factory in the U.S. that made light bulbs closed last September.  The transition to the new CFL light bulbs was supposed to create a whole bunch of those “green jobs” that Barack Obama keeps talking about, but as an article in the Washington Post noted, that simply is not happening….

Rather than setting off a boom in the U.S. manufacture of replacement lights, the leading replacement lights are compact fluorescents, or CFLs, which are made almost entirely overseas, mostly in China.

But GE is far from alone in shipping jobs and economic infrastructure out of the United States.  For example, big automakers such as Ford are being very aggressive in China.  Ford is currently “building three factories in Chongqing as part of $1.6 billion investment that also includes another plant in Nanchang”.

Today, China accounts for approximately one out of every four vehicles sold worldwide.  The big automakers consider the future to be in China.

Just a few decades ago, China was an economic joke and the U.S. economy was absolutely unparalleled.

But disastrous trade policies have opened up the door for a mammoth transfer of jobs, factories and wealth from the United States to China.

China has become an absolute powerhouse and America is rapidly declining.

Beautiful new infrastructure is going up all over China even as U.S. infrastructure rots and decays right in front of our eyes.

You can see some amazing pictures of the stunning economic development that has been going on in China here, here, here and here.

America is being deindustrialized at lightning speed and very few of our politicians seem to care.

Back in 1979, there were 19.5 million manufacturing jobs in the United States.

Today, there are 11.6 million.

That represents a decline of 40 percent during a time period when our overall population experienced tremendous growth.

We used to have the greatest manufacturing cities on the entire globe.  The rest of the world was in awe of us.

Today, most of those formerly great manufacturing cities are decaying, rotting hellholes.

The following is what one reporter from the UK saw during his visit to Detroit….

As you pass the city limits a blanket of gloom, neglect and cheapness descends. The buildings are shabbier, the paint is faded. The businesses, where they exist, are thrift shops and pawn shops or wretched groceries where the goods are old and tired. Finding somewhere to have breakfast, normally easy in any American city, involves a long hunt. ‘God bless Detroit’, says one billboard, just beside another offering the alternative solution: liquor.

You can see some really shocking images of the decline of Detroit right here.

Our politicians insisted that globalism would not result in a “giant sucking sound” as millions of jobs left America.

But that is exactly what has happened.

Sadly, most American families still don’t understand what has happened.  Most of them are still waiting for things to get back to “normal”.

Millions of unemployed Americans are dealing with incredible amounts of stress right now as they wait for jobs to start opening up again.  But the jobs that have been shipped overseas are not coming back.  In a globalized economy, it doesn’t make sense to hire American workers when you can legally pay workers slave labor wages on the other side of the globe.

Millions of good middle class jobs have been replaced by low paying service jobs.  Today there are huge numbers of Americans that are cutting hair or flipping burgers because that is all they can get right now.

Many others are only able to survive because of the safety net.  One reader named David recently left a comment in which he shared his story.  David did everything that the system asked him to do, but the promised rewards never materialized.  Now David is broke, unemployed and he feels deeply frustrated….

A year ago I had a job, we were struggling, but bills were getting paid, and somehow we were getting by. Then I made the mistake of getting sick, one day before my company insurance kicked in. An auto-immune illness almost killed me, if it weren’t for the amazing efforts of my physicians and an emergency spleenectomy, I would not be here.

My wife would have been a single mother,raising two young sons, one of which is autistic. Instead, I pulled through. The disease damaged my liver, leaving me with a chronic condition, and even after a year, it is hard to get up and go some days. My “employer” dumped me as soon as I left the hospital, and I haven’t worked since. It isn’t for lack of looking. There just isn’t anything.

Oh, I get my government cheese money. Here I am college educated, unable to find something that can pay the bills better than the money that we get from the government. It sickens me to be this dependent on the system like this. But the system de-incentivizes work, and makes living on the dole make a perverse economic sense.

I used to have dreams, but I have given up on them. My wife and I have no savings, we have no life raft and if it weren’t for the generosity of her parents and mine, things would have ground to a halt a long time ago.

I believed every thing adults told me. Work hard, I did. Get an education, I did. Find a nice girl and settle down, I did. Two cars, a dog, a cat and couple of kids, a nice townhouse…the american dream. Yep.

I love my country. My heart is broken, broken because I have been betrayed. I did what you asked, I played by the rules. I did what you said to do; I submitted, I conformed, I stopped dreaming. Now what?

I am willing to pay for my faults and transgressions; my failures are my own, I get that. My children should not have to suffer for my failures, they did not do anything wrong. My youngest boy is autistic, we hope he will be able to integrate into society, but the fact is we may have to take care of him for the rest of his life. How do I do this with nothing, and no opportunity in the foreseeable future?

Depression, stress…yep, I’ve got all that. I used to be hopeful and optimistic about the future. Now all I am is afraid.

As the United States continues to bleed good jobs, stories like the one you just read are going to become much more common.

So what are our politicians doing about all of this?

They tell us that we need even more “free trade”!

Barack Obama says that we need more free trade.

The Republicans say that we need more free trade.

In Washington D.C. our politicians do not agree on much, but one thing they do agree on is that we need to keep shipping jobs out of the country.

Until the American people wake up and start demanding an end to the globalization of the U.S. economy, the job losses are just going to continue to get worse.

The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.  If this trend continues, millions more Americans will soon be surviving on food stamps or living in tent cities.

The American people are deeply concerned about the economy, but they still have not connected the dots on these issues.  The mainstream media and most of our politicians keep telling them that the globalization of the economy is a wonderful thing.

It is so sad that people just do not understand what is going on right in front of their eyes.

Whether you are a conservative or a liberal or a libertarian, you should be against the deindustrialization of America.

Allowing our industrial base to be raped is not a good thing.

Allowing big corporations and foreign governments to pay slave labor wages to workers on the other side of the globe making things that will be sold inside the United States is not a good thing.

Allowing the destruction of our industrial capacity to threaten our national security is not a good thing.

Allowing millions of precious jobs to leave the country is not a good thing.

The biggest corporations are making some extra profits by exploiting cheap labor on the other side of the globe.  Corporate executives love to shower themselves with larger and larger bonuses.

But our current trade policies are not working for American workers.

We need “fair trade”, not “free trade”.

The United States is being taken advantage of, and the Democrats and the Republicans are both laying down like doormats and letting it happen.

If you want to know where all the good jobs went, it is not a big mystery.

They have been shipped out of the country and they are not coming back.

Unless fundamental changes are made, things are going to get worse and worse and worse for American workers.

So what is going to happen next?

It is up to you America.

Layoffs, Layoffs Everywhere You Look There Are Layoffs

The competition for jobs in the United States is absolutely brutal right now, and it is about to get worse.  A new wave of layoffs is sweeping across America.  During tough economic times, Wall Street favors companies that are able to cut costs, and the fastest way to “cut costs” is to eliminate employees.  After a period of relative stability, the employment picture in the U.S. is starting to get bleaker again.  New applications for unemployment benefits have now been above 400,000 for 15 straight weeks.  Finding a good job is kind of like winning the lottery in this economy. Our federal government and the state governments have made it incredibly complicated and extremely expensive to have employees on the payroll.  It is getting harder and harder to get a large enough return to justify the time and expense that hiring employees requires.  So many firms now find themselves trying to do more with the employees that they already have.  Other companies are turning to temp agencies as a way to reduce costs and increase workplace flexibility.  A lot of the big corporations are sending as much work as they can overseas where the wages are far lower and where the regulatory environment is much simpler.  All of this is really bad news for American workers that just want good jobs that will enable them to provide for their families.

When we first started seeing huge numbers of layoffs a few years ago, I encouraged people to look into government jobs because I thought that they would be a lot more stable in this economic environment.

But today that is no longer true.  In fact, state and local governments all over the United States are responding to massive budget problems by slashing payrolls in an unprecedented fashion.

Sadly, the reality is that the number of “secure jobs” is rapidly declining in America.  If you have a “job” (“just over broke”) right now, you might not have it for long.  That is one reason why everyone should be trying to become more independent of the system.

Once upon a time the U.S. economy produced a seemingly endless supply of good jobs.  This helped us develop the largest and most vibrant middle class in modern world history.

But now employees are regarded as “costly liabilities”, and businesses and governments alike are trying to reduce those “liabilities” as much as they can.

This summer the pace of layoffs seems to be accelerating all over the nation.  Just check out what has been happening over the past few weeks….

-Lockheed Martin has made “voluntary layoff offers” to 6,500 employees.

-Detroit is losing even more jobs. American Axle & Manufacturing Holdings has told the remaining 300 workers at its manufacturing facility in Detroit that their jobs will be ending in early 2012.

-Layoff notices have been sent to 519 employees of Milwaukee Public Schools, and more than 400 open positions are going to go unfilled.

-The Gap has announced that up to 200 stores will be closed over the next two years.

-Cisco has announced plans to lay off 9 percent of their total workforce.

-Chicago Mayor Rahm Emanuel says that 625 city employees will be losing their jobs as a result of cutbacks.

-Pharmaceutical giant Merck recently dumped 51 workers from an office in Raleigh, North Carolina.

-Perkins has revealed that they will be closing 58 restaurants.

-This week, Goldman Sachs announced that they will be eliminating 1,000 jobs.

-Cracker Barrel is rapidly reducing staff at its headquarters.

-Telecommunications and web marketing firm Crexendo has announced that it will be laying off about 30 percent of its workforce.

-Borders has announced that they will be shutting down their remaining 399 stores and that 10,700 employees will lose their jobs.

-Now that the space shuttle program has ended, thousands of NASA employees will be losing their jobs.

Sadly, there are hundreds of more examples of recent layoffs and job losses.  One website that tracks these layoffs daily is Daily Job Cuts.  It is pretty sad when there are entire websites that are devoted to chronicling how fast our economy is bleeding jobs.

What is worse is that it looks like the pace of layoffs is going to keep increasing.

One report that was recently released found that the number of job cuts being planned by U.S. employers increased by 11.6% in June.

That is not good news.

Things don’t look good for employees of state and local governments either.

State and local governments have eliminated approximately 142,000 jobs so far this year.

That is bad, but this is just the beginning.

UBS Investment Research is projecting that state and local governments in the U.S. will combine to slash a whopping 450,000 jobs by the end of next year.

Ouch.

Barack Obama and Ben Bernanke keep trying to tell us that the economy is improving, but that simply is not the case.  Yes, some of the largest corporations have announced big earnings, but that is not translating into lots of jobs for American workers.

Today, most large corporations only want to have as many U.S. workers as absolutely necessary.  In a world where labor has been globalized, it just doesn’t make sense for corporations to shell out massive amounts of money to American workers when they can legally get away with paying slave labor wages to workers on the other side of the globe.

So if it seems like it is far harder to get a good job in America today than it used to be, the truth is that you are not imagining things.

Our entire system discourages job creation inside the United States.  Every single year, even more ridiculous job-killing regulations are being passed on the federal and state levels.  It has become extremely expensive and ridiculously complicated to hire people.

So how are American families surviving?  Those that still do have jobs are finding that wages are not going up but the cost of living rapidly is.  Many American families are making up the difference by using their credit cards more.

In June, credit card purchases in the U.S. increased by 10.7 percent compared to the same month a year ago.

It looks like a whole lot of people have not learned their lessons about how bad credit card debt is.

Millions of other American families have fallen out of the middle class completely.  Today, one out of every six Americans is enrolled in at least one government anti-poverty program.  The level of economic suffering in this country continues to soar.

In fact, the number of Americans that are now sleeping in their cars or living in tent cities remains at staggering levels.

What we are witnessing in this country is not just a “recession” or an “economic downturn”.  What we are witnessing are fundamental economic changes.

Until there are fundamental policy changes in the United States, there will continue to be huge waves of layoffs and millions of jobs will continue to be shipped out of the country.

In the old days, one could go to college, get a good job with one company for 30 years and retire with a big, fat pension.

Now, that way of doing things is completely and totally dead.

Today, there is virtually no loyalty out there.  It doesn’t matter how long you have been working at a particular job.  When it becomes financially expedient to get rid of you, that is exactly what is going to happen.

It is a cold, cruel world out there right now.  Don’t assume that you will always have a good job.  The world is rapidly changing.

Don’t get caught in the trap of believing that the way that things were is the way that things are always going to be in the future.

Rampant Unemployment = The Death Of The Middle Class – 40 Facts That Prove The Working Class Is Being Systematically Wiped Out

Without an abundance of good jobs, the middle class in the United States is going to shrivel up and die.  Right now, rampant unemployment is absolutely killing communities all over America.  Hopelessness and poverty are exploding and many are now wondering if we are actually witnessing the slow death of the middle class.  There simply are not nearly enough “good jobs” to go around anymore, and even many in the mainstream media are referring to this as a “long-term structural problem” with the economy.  The only thing that most working class Americans have to offer in the marketplace is their labor.  If nobody will hire them they do not have any other ways to provide for their families.  Well, there is a problem.  Today wealth has become incredibly centralized.  The big corporations and the big banks dominate everything.  Thanks to incredible advances in technology and thanks to the globalization of our economic system, the people with all the money don’t have to hire as many ordinary Americans anymore.  They can hire all the labor they want on the other side of the globe for a fraction of the cost.  So the rich don’t really have that much use for the working class in America anymore.  The only thing of value that the working class had to offer has now been tremendously devalued.  The wealthy don’t have to pay a lot for physical labor anymore.  Thousands of our factories and millions of our jobs have been shipped overseas and they aren’t coming back.  The big corporations are thriving while tens of millions of ordinary Americans are deeply suffering.  Almost all of the wealth being produced by our economy is going to a very centralized group of people at the very top of the food chain.  The rich are getting richer and the working class is being systematically wiped out.

So the fact that we are facing rampant unemployment that never seems to go away should not be a surprise to anyone.  Today, the “official” unemployment rate went up to 9.2 percent even though a whopping 272,000 Americans “dropped out of the labor force” in June.  The government unemployment figure that includes “discouraged workers” went up from 15.8% to 16.2%.  The mainstream media is proclaiming that this was “a horrific report” because most economists were expecting much better news.

Well, guess what?

Things are going to get a whole lot worse.

More job cuts are coming.  One recently released report found that the number of job cuts being planned by U.S. employers increased by 11.6% in June.

It is also being projected that state and local governments across the U.S. will slash nearly half a million more jobs by the end of next year.

Needless to say, things don’t look good.

Most people that still have jobs are desperately trying to hold on to them.

Employers know that most workers are easily replaceable these days, so wages are not moving up even though the cost of living is.

We are right in the middle of the worst employment downturn since World War 2.  Jay-Z recently summed up the situation this way….

“Numbers don’t lie. Unemployment is pretty high.”

Jay-Z certainly has a way with words, eh?

If something is not done about the rampant unemployment in this nation, the death of the middle class will accelerate.

Most Americans just assume that the United States will always have a large middle class, but there is no guarantee that is going to happen.  In fact, there is a whole lot of evidence that the middle class in America is rapidly shrinking.

Take a few moments to read over the facts compiled below.  Taken together, they provide compelling evidence that the working class is being systematically wiped out….

#1 Right now, the U.S. government says that 14.1 million Americans are unemployed.

#2 There are fewer payroll jobs in the United States today than there were back in 2000 even though we have added 30 million people to the population since then.

#3 The number of Americans that are “not in the labor force” is at an all-time high.

#4 The United States has never had an employment downturn this deep and this prolonged since World War 2 ended.

#5 There are officially 6.3 million Americans that have been unemployed for more than 6 months.  That number has risen by more than 3.5 million in just the past two years.

#6 It now takes the average unemployed worker in America about 40 weeks to find a new job.  Just check out this chart….

#7 There are now about 7.25 million fewer jobs in America than when the recession began back in 2007.

#8 Back in 2000, the employment to population ratio was over 64 percent.  Today, it is sitting at just 58.2%.

#9 Only 66.8% of American men had a job last year.  That was the lowest level that has ever been recorded in all of U.S. history.

#10 During this economic downturn, employee compensation in the United States has been the lowest that it has been relative to gross domestic product in over 50 years.

#11 The number of “low income jobs” in the U.S. has risen steadily over the past 30 years and they now account for 41 percent of all jobs in the United States.

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

#13 According to a report released in February from the National Employment Law Project, higher wage industries are accounting for 40 percent of the job losses in America but only 14 percent of the job growth.  Lower wage industries are accounting for just 23 percent of the job losses but 49 percent of the job growth.

#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#15 Between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost.

#16 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.

#17 Do you remember when the United States was the dominant manufacturer of automobiles and trucks on the globe?  Well, in 2010 the U.S. ran a trade deficit in automobiles, trucks and parts of $110 billion.

#18 In 2010, South Korea exported 12 times as many automobiles, trucks and parts to us as we exported to them.

#19 The United States now spends more than 4 dollars on goods and services from China for every one dollar that China spends on goods and services from the United States.

#20 Since China entered the WTO in 2001, the U.S. trade deficit with China has grown by an average of 18% per year.

#21 The U.S. trade deficit with China in 2010 was 27 times larger than it was back in 1990.

#22 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#23 In 2002, the United States had a trade deficit in “advanced technology products” of $16 billion with the rest of the world.  In 2010, that number skyrocketed to $82 billion.

#24 Manufacturing employment in the U.S. computer industry was actually lower in 2010 than it was in 1975.

#25 Since 2001, over 42,000 manufacturing facilities in the United States have been closed.

#26 There were more manufacturing jobs in the United States in 1950 than there are today.

#27 Since the year 2000, we have lost approximately 10% of our middle class jobs.  In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.  Meanwhile, our population has gotten significantly larger.

#28 When you adjust wages for inflation, middle class workers in the United States make less money today than they did back in 1971.

#29 One recent survey found that 9 out of 10 U.S. workers do not expect their wages to keep up with soaring food prices and soaring gas prices over the next 12 months.

#30 Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

#31 One out of every six elderly Americans now lives below the federal poverty line.

#32 According to one recent study, approximately 21 percent of all children in the United States were living below the poverty line in 2010.

#33 Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid.

#34 As 2007 began, there were 26 million Americans on food stamps.  Today, there are more than 44 million Americans on food stamps, which is an all-time record.

#35 Today, one out of every four American children is on food stamps.

#36 59 percent of all Americans now receive money from the federal government in one form or another.

#37 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

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

#39 According to Moody’s Analytics, the wealthiest 5% of all households in the United States now account for approximately 37% of all consumer spending.

#40 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.

The cold, hard reality of the matter is that the United States is experiencing a long-term economic decline.

Every single day, more American families fall out of the middle class and into poverty.  There are millions of American families out there tonight that are just barely hanging on by their fingernails.

More Americans than ever are constantly borrowing more money just to stay afloat.  Even as rampant unemployment plagues this nation and even as wages remain stagnant, middle class Americans are increasing their use of credit.

A CNBC article noted the increase in consumer borrowing that we have seen recently….

The Federal Reserve says consumer borrowing rose $5.1 billion following a revised gain of $5.7 billion in April. Borrowing in the category that covers credit cards increased, as did borrowing in the category for auto and student loans.

It is very hard to live “the American Dream” without going into huge amounts of debt these days.

But for an increasing number of Americans, “the American Dream” is just a distant memory.

Tonight, there are large numbers of people living in the tunnels under the city of Las Vegas.  As the wealthy live the high life in the casinos and hotels above them, an increasing number of desperate “tunnel people” are attempting to carve out an existence in the 200 mile long labyrinth of tunnels that stretches beneath Vegas.  It is a nightmarish environment, but it is all those people have left.

Don’t look down on them, because you never know who might be next.

If you lost your current job, how long would you be able to survive?

Unfortunately, as bad as things are now, the reality is that this is just the beginning.

You ain’t seen nothin’ yet.

Do what you can to make sure that you and your family are not totally wiped out by the next wave of the economic collapse.

Is America Becoming The Land Of The Part-Time Job?: Most Of The Jobs That Are Being Created Are Part-Time Jobs And Some Companies Are Going To A “Part-Time Only Policy”

Do you need a good job?  If so, there are millions of other Americans that are just like you.  Unfortunately, most of the jobs that are available in America today are either part-time jobs, temp jobs or are “independent contractor” jobs.  The “full-time job with benefits” is a dying breed.  There are so many desperate unemployed workers in America today that companies don’t have to roll out the red carpet anymore.  Instead, they can just hire a horde of inexpensive part-timers and temps that they don’t have to give any benefits to.  But isn’t the employment situation supposed to be getting better?  No, it really is not.  Yes, the U.S. economy added 216,000 jobs in March.  However, the truth is that approximately 290,000 part-time jobs were created and about 80,000 full-time jobs were actually lost.  This is all part of a long-term trend in America.  Good jobs are rapidly disappearing and they are being replaced by low paying service jobs that do not pay a living wage.  In many American households today, both parents have multiple jobs.  Yet a large percentage of those same households can’t even pay the mortgage and are drowning in debt.

Whenever a new government jobs report comes out from now on, try to find out how many of the jobs that were created were actually part-time jobs.  Most Americans that only have part-time jobs are living around or below the poverty line.  The truth is that it is really hard to get by if you are only making a couple hundred bucks a week.

As mentioned above, the U.S. economy added 216,000 jobs last month.  The Obama administration and the mainstream media heralded that figure as evidence that the U.S. economy is recovering nicely.

But is that really accurate?

Rebel Cole, a professor at DePaul University’s Kellstadt Graduate School of Business, says that when you take the time to do a closer examination of the employment numbers they don’t look so good….

“If you look deeper in the report, there were 290,000 new part-time workers, which means that there were 80,000 fewer full-time workers, that’s not a good sign. Things are getting worse, not getting better.”

Unless you are a teen or a college student or a retired person, most likely you would prefer to be working a full-time job.  Most people do not actually have the goal of working part-time.  Most part-time jobs pay very poorly and offer very few benefits.

Unfortunately, that is why so many big companies like part-time workers and temp workers.  There are so many more rules, regulations and laws that pertain to full-time workers.

Hiring a bunch of part-time workers is so much easier and so much cheaper.  Without a doubt it is definitely more profitable in most situations.

Today, there are millions of Americans that have part-time jobs that would love to have full-time jobs.  In fact, the government says that there are about 8 million Americans that are currently working part-time jobs for “economic reasons”.

One such worker named “John” recently left a comment on another article I did entitled “How To Find A Job: Just Be Willing To Flip Burgers And Work For Minimum Wage“.  John says that the restaurant chain that he works for has implemented a “part-time only policy”….

“Could your family survive on $505 a week?”

If only I could make HALF that much! The dirty secret is McDonalds needs to add 50,000 workers to increase the headcount in every store. The goal is to have no full-time employees who qualify for health benefits. So these 50,000 jobs will pay $174 a week BEFORE taxes, and have no benefits, no vacation days, no holidays off, call in sick and get fired, but they will have 52 mandatory weekends each year.

And how do I know this? I work for a national restaurant chain that already has gone to a part-time only policy. I am scheduled for 23 hours next week. The threshold for benefits is 26 hrs.

Of course I would assume that there are perhaps a couple of full-time workers at the restaurant that John works at (such as the manager).  But the reality is that we are seeing this kind of thing more and more around the nation.  Companies are being careful to keep hours low enough so that the majority of their employees do not qualify for expensive “full-time benefits”.

Another commenter on that same article said that it is possible to get by on a low wage but that doesn’t mean that it is easy….

I make about $400 a week; my wife nothing. Rent is $500 a month. Credit card bills (run up back when I made about $1200/week) run about $200 a month. Other expenses run us another few hundred dollars. We quit tv. We’re a litte cold. We eat ok. Try to fill the gas tank just once a month. We’re getting by, but able to save nothing, nor do we go out and have fun. Well, fun has become walks on Saturday morning. Those are free. And, as we’ve learned, rather nice.

$10 an hour stinks, but it is livable if you don’t mind admitting that you are poor. I know I’m poor now. It’s just the way it is. If I tried to keep living as i did when I was a middle class manager, I’d be extremely unhappy. I cant say I’m happy about being poor, but my wife and i are finding that happiness isn’t about having “stuff.”

This is the new “American Dream” for millions of American families.  They are learning to scratch and claw to get by on what they have.

As I have written about previously, the standard of living of the middle class is being pushed down to third world levels.  We have been merged into a “global labor pool”, and what that means is that the standard of living of all workers all over the world is going to be slowly equalized over time.

Translation: your standard of living and the standard of living of virtually everyone that you know is slated to go way down.

Right now America is rapidly losing high paying jobs and they are being replaced by low paying jobs.  According to a recent report from the National Employment Law Project, higher wage industries accounted for 40 percent of the job losses over the past 12 months but only 14 percent of the job growth.  Lower wage industries accounted for just 23 percent of the job losses over the past 12 months and a whopping 49 percent of the job growth.

So yes, jobs are being created, but most of them are jobs that none of us would really want under normal circumstances.

Unfortunately, times are not normal and millions of desperate people are having to take whatever they can get.

What makes things even worse is that really bad inflation is coming.  There are less good jobs for American families and at the same time the cost of basic necessities is going up.

Have you been to the gas pump lately?

As I wrote about yesterday, the average price of a gallon of gasoline in the United States is now $3.70.

A year ago it was just $2.83.

For average American families on a tight budget that is a huge difference.

Food inflation is already here as well.

During the month of February, the price of food in the U.S. increased at the fastest rate in 36 years.

Are you starting to understand why so many American families are feeling squeezed right now?

Times are tough and they are going to get tougher.  If you still have a good full-time job you should be very thankful, because there are millions and millions of people that would love to trade places with you.

So do the rest of you believe that America is turning into “the land of the part-time job”?  Please feel free to leave a comment with your opinion below….

Need A Job? Too Bad! The Good Jobs Are Being Shipped Out Of America As Part Of The New One World Economy

I hope that you enjoy the cheap foreign-made plastic trinkets that you will be exchanging with your family and friends this holiday season, because they are literally destroying the U.S. economy.  As part of the new “one world economy” that both Democrats and Republicans insist is so good for us, millions of good paying middle class jobs have been shipped out of America.  Do you need a job?  Are you wondering where all the good jobs went?  Well, the next time you are out just walk into a store and start looking at the product labels.  Most of the things that are sold in our stores are now made out of the country.  So if you need a good paying job to support your family that is just too bad – you have been merged into a global labor pool where you must compete for jobs with people on the other side of the globe willing to work for less than a tenth of what you usually make.  Welcome to the “one world economy” where big global corporations make a fortune exploiting slave labor on the other side of the world while “overly expensive American workers” get dumped out on the street.

Are you in favor of a redistribution of wealth?  Most of the time when the phrase “redistribution of wealth” is brought up, conservatives and libertarians visibly cringe – as they should.  But did you know that right now the greatest redistribution of wealth in the history of the world is taking place and our politicians are doing nothing about it?

For a moment, imagine a giant map of the world.  On that giant map, put a huge pile of money on the United States, and also put a huge pile of money on China and on the OPEC nations.  Now imagine a big hand coming along once a month that takes tens of billions of dollars out of the U.S. pile and puts it into the piles of China and the OPEC nations.

As this continues month after month after month, what is eventually going to happen?

The U.S. pile of money is going to get far smaller and the other piles of money are going to get much, much larger.

And that is exactly what is happening in our world today.

Back in 1985, the U.S. trade deficit with China was 6 million dollars for the entire year – not really anything to worry about  it.

Well, let’s fast forward to 2010.  For the month of August alone, the trade deficit with China was more than 28 billion (that’s billion with a “b”) dollars.

In other words, the U.S. trade deficit with China in August was more than 4,600 times larger than the U.S. trade deficit with China was for the entire year of 1985.

My, how the world has changed in 25 years.

Oh, but doesn’t China “invest” some of that money they are getting from us back into our country?

Well yeah, our top officials regularly go over there to beg them to lend us more money.  Now we owe China close to a trillion dollars.  We also owe the major oil exporting nations of the Middle East massive amounts of money.

Is this a good idea?  Let us keep in mind the ancient principle that the borrower always ends up the servant of the lender.

Is it wise for the United States to become enslaved to China and to the oil exporters of the Middle East?

Is that any way to run an economy?  Is that any way to run a country?

All over the United States factories are closing down.  If you go to shopping centers in many areas of America you would think that the hottest new store was called “Space Available”.

Since the year 2000, we have lost 10% of our middle class jobs.  In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.

What kind of progress is that?

“But oh”, the supporters of the one world economy will declare, “the cheap goods, the cheap goods!”

Yes, I hope you enjoy paying ten percent less for your plastic trinkets.  But you will also support American workers one way or another.  Either you will provide them with good paying jobs, or you will pay for their food stamps and their unemployment checks.

One out of every six Americans is now enrolled in a federal anti-poverty program.  As 2007 began, 26 million Americans were on food stamps, but now 42 million Americans are on food stamps and that number keeps rising every single month.

Can anyone out there please explain how the “one world economy” is supposed to be good for us when 42 million Americans cannot even feed themselves?

Allowing our country to be deindustrialized just so that we can consume more cheap goods from China is like tearing down pieces of your house to keep your fire going.  In the end, you won’t have much of a house left.

Whatever your opinion of Donald Trump is, this next video is worth watching.  Trump certainly should not run for president, but as a savvy businessman he definitely understands what China is doing to us….

It is time for the American people to wake up.

We are being taken advantage of.

The one world economy is going to keep destroying the U.S. middle class.  There is no way that American workers can compete with slave labor on the other side of the globe.  It is impossible.

In fact, just about every kind of job imaginable is being shipped to places where labor is cheaper.  Even engineering and computer programming jobs are being offshored and outsourced.

The United States is even being slaughtered in high-tech industries.  Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

According to one recent study, China could become the global leader in patent filings by next year.

The United States has become a bloated, slovenly nation that consumes massive amounts of wealth but that produces relatively little.

With each passing year, we make fewer things inside the United States….

*The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

*Since 2001, over 42,000 U.S. factories have closed down for good.

*As of the end of 2009, less than 12 million Americans worked in manufacturing.  The last time that less than 12 million Americans were employed in manufacturing was in 1941.

*Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

*In 2010, the number one U.S. export to China is “scrap and trash”.

Oh, but won’t “getting more education” solve all of our problems and get the American people back to work?

No.

The truth is that tens of millions of Americans have a “higher education” that is not doing them any good today.

In his article entitled “The Great College-Degree Scam“, Richard Vedder explains that a large percentage of U.S. college graduates are working in jobs that have not historically required college degrees….

Here it is:  approximately 60 percent of the increase in the number of college graduates from 1992 to 2008 worked in jobs that the BLS considers relatively low skilled—occupations where many participants have only high school diplomas and often even less.

Ouch.

Later on in his article, Vedder notes that the number of college graduates that are waiting tables or that are working as cashiers is absolutely exploding….

In 1992 119,000 waiters and waitresses were college degree holders. By 2008, this number had more than doubled to 318,000. While the total number of waiters and waitresses grew by about 1 million during this period, 20% of all new jobs in this occupation were filled by college graduates. Take cashiers as well. While 132,000 cashiers possessed college degrees in 1992, by 2008, 365,000 cashiers were college graduates. As with waiters and waitresses, 20% of new cashiers since 1992 are college graduates.

So do you still think that the “one world economy” is a great idea?

Well, you might want to practice the following two phrases….

#1 “Would you like fries with that?”

#2 “Welcome to Wal-Mart!”

Our economy is turning into a low-wage service economy because we don’t make much of anything in the United States anymore.

So if you need a good job, I am afraid that the joke is on you.

The good jobs are being shipped out of the United States as part of the new one world economy, and millions of unemployed Americans have been left to fight over the low paying service jobs that remain.

So if you are flipping burgers or stocking shelves for a big multinational retail chain, perhaps you should consider yourself to be fortunate.  At least you still have a job.  There are millions of desperate, hungry-eyed Americans that would take your job in a second.

And you know what?  Things are only going to get worse.

Do NOT follow this link or you will be banned from the site!