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

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Don't Buy Survival Food Until You Read This - If you stockpile the wrong foods, you could be setting your family up to starve. It sounds harsh, but the truth is too many people with good intentions are making critical mistakes with their food stockpiles. Watch this video now >>
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Economic Failure: 58 Percent Of The Jobs Being Created Are Low Paying Jobs

Are you good at flipping burgers , waiting tables or stocking shelves?  Are you proficient with a cash register?  Do you enjoy doing mindless work for very low pay?  If you answered yes to any of those questions, then you are probably going to fit in very well in the new U.S. economy.  According to a report that has just been released by the National Employment Law Project, 58 percent of the jobs that have been created since the end of the recession have been low paying jobs.  So exactly what is a low paying job?  Well, the National Employment Law Project defines it as a job with an hourly wage between $7.69 and $13.83.  But of course you can't pay a mortgage or support a family on $13.83 an hour.  Even if you got full-time hours the entire year, you would make less than $28,000 on an annual basis.  The federal poverty level for a family of five is $27,010.  So needless to say, most of these new jobs are not paying enough to support a middle class lifestyle.  This represents an economic failure on a fundamental level.  Our economy is producing very few good jobs that enable people to be able to raise families and live the American Dream.  The ranks of "the working poor" are exploding and the number of Americans that are dependent on the government is sitting at an all-time record.  Sadly, if current trends continue things are going to get a lot worse. (Read More....)

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Depressed As A Nation? 80 Percent Of Americans Believe That We Are In A Recession Right Now

According to a brand new Gallup poll, 80 percent of Americans believe that we are in a recession right now.  Of course the government insists that the recession ended quite some time ago, but apparently the message is not sinking in.  Not only that, most Americans also do not believe that things are going to get better any time soon.  According to the Gallup poll, 61 percent of Americans believe that the economy will be the same as it is right now or will be even worse one year from now.  Two years ago, only 35 percent of Americans felt that way.  Talk about pessimism!  So are we depressed as a nation?  Have too many people been reading the Economic Collapse Blog?  How do we account for such strange numbers? (Read More....)

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