Thanks a bunch, President Obama. When you determined to implement your Cloward-Piven strategy to collapse our economy and make our nation into the socialist utopia that you have always dreamed of, did you EVER stop to think about the suffering that would take place? Well, it's here.
We are in for some really bad times, folks. Get yourself right with God because He is your answer in good times and bad times alike. He will NEVER leave or forsake those who are His children, and He will always provide a way for us. There's no security like that of knowing you are in the palm of His hands and certainly no better place to be.
From Business Insider:
27 Signs That The Standard Of Living For America’s Middle Class Is Dropping Like A RockMichael Snyder
"If you still have a job and you can put food on the table and you still have a warm house to come home to, then you should consider yourself to be very fortunate. The truth is that every single month hundreds of thousands more Americans fall out of the middle class and into poverty. The statistics that you are about to read are incredibly sobering. Household incomes are down from coast to coast.
Enrollment in government anti-poverty programs sets new records month after month after month. Home ownership is down, personal bankruptcies are way up and there are not nearly enough jobs to go around. Meanwhile, the price of basics such as food and health care continue to skyrocket. Don't be fooled by a rising stock market or by record bonuses on Wall Street. The U.S. economy is not getting better. After World War II, the great American economic machine built the largest and most vigorous middle class in the history of the world, but now America's middle class is disintegrating at a blinding pace.
Most of those who write about the plight of the American middle class believe that things can be turned around and that the middle class will eventually be stronger than it ever has been. But unfortunately, that is just not the case. As a society, we have lived far, far beyond our means for decades. Now the bills are coming due and none of our leaders seem to know what to do.
Meanwhile, the U.S. economy is being rapidly assimilated into the emerging one world economy. Middle class American workers now find themselves in direct competition for jobs with the cheapest labor on the other side of the globe. Of course many multinational corporations have taken advantage of this by moving factories and jobs to countries like China where blue collar workers make about a dollar an hour. This has helped raise the standard of living for workers in those nations by a nominal amount, but it has been absolutely devastating for the standard of living of America's middle class.
So what does all of this mean?
It means that the U.S. economy is headed for collapse and middle class Americans are in for some really, really hard times."
Saturday, October 23, 2010
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1 comment:
Hi Debra,
I agreed with you, American economy is not getting better. I am one of the lucky ones in the middle of these terrible crises. My home is paid for, I have no credit card debt, in short, I do not won anyone money right now. I have lived a very comfortable middle class in America since my arrival from Brazil in 1977. My Husband (an American) did not make a lot of money as an engineer, so we measured everything we did. We really start from the bottom; we had a good life but always watching our money. At the end it paid off; however, as much as we would love to move to a new house the tremendous uncertainty of the American economy makes us prisoners of our old house. There is no confidence in us anymore; therefore we are also victims of the economy situation. I believe in this country, I believe in the doing yourself American. I have a great respect for this land, and especially for what the past generations have done to us, like roads, schools, libraries, sewer systems, water treatment just to name a few. Yes! Many Americans have no idea how some of the countries in the world live. So… saying that I have to believe in America we will come out of this depression, especially if we stop and look back on our past generation. The people who made everything the best in the world, Yes! And let’s start buying American only, let’s advertize more buy American only. I go out of my way to buy made in America, even my food I try to buy all from Ohio, the state where I live and love.
Thank you,
Rosa
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