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April 20th, 2012 
FAKE NEWS for the Zionist agenda
The middle class in America is being systematically wiped out, and
most people don’t even realize what is happening. Every single year,
millions more Americans fall out of the middle class and become
dependent on the government. The United States once had the largest and
most vibrant middle class in the history of the world, but now the
middle class is rapidly shrinking and government dependence is at an
all-time high. So why is this happening?
Well, America is becoming a
poorer nation at the same time that wealth is becoming extremely
concentrated at the very top. At this point, our economic system is
designed to funnel as much money and power to the federal government and
to the big corporations as possible.
Individuals and small businesses
have a really hard time thriving in this environment. To most big
corporations these days, workers are viewed as financial liabilities.
Most corporations want to reduce their payrolls as much as possible.
You see, the truth is that most corporations want to be just like
Apple. If you can believe it, Apple makes $400,000 in profit per employee!
Big corporations don’t care that you need to pay the mortgage and
provide for your family. Their goal is to make as much money as
possible. Most of the control freaks that run our bloated federal
government don’t care much about middle class families either. To many
politicians and federal bureaucrats, middle class families are “useless
eaters” that are constantly damaging the environment with their
“excessive” lifestyles.
In this day and age, neither the federal
government nor the big corporations really have much use for middle
class Americans, and that is really, really bad news for the the future
of the middle class family in America.
There are three key factors that are constantly chipping away at the middle class….
-Globalization
-Inflation
-Taxes
Labor has become a global commodity, and American workers are often
10 to 20 times as expensive as workers on the other side of the world
are. Middle class jobs (such as manufacturing, etc.) have been leaving
this country at an astounding pace. Competition for the jobs that
remain has become extremely fierce, and this has driven wages down. The
following is from a recent article in the New York Times….
But in the last two decades, something more
fundamental has changed, economists say. Midwage jobs started
disappearing. Particularly among Americans without college degrees,
today’s new jobs are disproportionately in service occupations — at
restaurants or call centers, or as hospital attendants or temporary
workers — that offer fewer opportunities for reaching the middle class.
As paychecks have stagnated, the cost of living has continued to
escalate. Middle class families are finding that their paychecks simply
do not go nearly as far as they did before. This is creating a
tremendous amount of financial stress in households all over America.
Meanwhile, our politicians are taxing the middle class like crazy.
Most people only focus on federal and state income taxes, but that is
only a small part of the story. As I detailed the other day, our
politicians are taxing us in literally dozens of different ways and it is almost always the middle class that ends up getting hit the hardest.
If America wants to be great again, it is going to need a thriving
middle class. But right now the federal government and the big
corporations are gobbling up all of the power and all of the money and
the middle class is shrinking rapidly.
If current trends continue, eventually there will not be much of a middle class left.
The following are 25 signs that middle class families have been targeted for extinction…
#1 Over the past several decades, millions upon
millions of middle class Americans have been systematically turned into
government dependents. Back in 1960, social welfare benefits made up
approximately 10 percent of all salaries and wages. In the year 2000, social welfare benefits made up approximately 21 percent of all salaries and wages. Today, social welfare benefits make up approximately 35 percent of all salaries and wages.
#2 Unemployment is at epidemic levels and the vast
majority of the new jobs that have been “created” in recent years have
been low paying jobs. Of those Americans that do have a job at this
point, one out of every four works a job that pays $10 an hour or less.
#3 The “working poor” is a group that is rapidly
growing in this country. If you can believe it, the United States
actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.
#4 Over the past several decades, the percentage of low income jobs has steadily increased. 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.
#5 The way that our economic system is structured
today, almost all of the economic rewards go to the very top of the food
chain. The following is how income gains in the United States were
distributed during 2010….
-37 percent of all income gains went to the top 0.01 percent of all income earners
-56 percent of all income gains went to the rest of the top 1 percent
-7 percent of all income gains went to the bottom 99 percent
#6 Several decades ago, there was a much more even
distribution of income in this country. Back in the 1970s, the top 1
percent of all income earners brought in about 8 percent of all income. Today, they bring in about 21 percent of all income.
#7 As the middle class shrinks, the number of “low income” and “poor” Americans is rapidly rising. Today, approximately 48 percent of all Americans are currently either considered to be “low income” or are living in poverty.
#8 Manufacturing jobs once enabled huge numbers of
Americans to enjoy a middle class lifestyle. Unfortunately, those jobs
are leaving this country at a breathtaking pace. Back in 1940, 23.4% of all American workers had manufacturing jobs. Today, only 10.4% of all American workers have manufacturing jobs.
#9 In the old days, any man that was willing to work
hard and wanted a job could get one. Today, there are millions of
American men sitting on their couches at home wondering why nobody will
hire them. Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#10 The middle class is shrinking at the same time
that America is getting poorer as a nation. In the middle of the last
century, the United States was #1 in the world in GDP per capita. Today, the United States is #13 in GDP per capita.
#11 Every year now, we see millions of Americans fall out of the middle class. In 2010, 2.6 million more Americans descended into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.
#12 The shrinking middle class is having a disproportionate impact on children. At this point, approximately 22 percent of all American children are living in poverty.
#13 In the old days, most Americans grew up in middle class neighborhoods. Sadly, this is no longer true. In 1970, 65 percent of all Americans lived in “middle class neighborhoods”. By 2007, only 44 percent of all Americans lived in “middle class neighborhoods”.
#14 The concentration of wealth at the very top of
the food chain is astounding. Right now, over 50 percent of all stocks
and bonds are owned by just 1 percent of the U.S. population.
#15 When you concentrate too much power in the hands
of the federal government and the big corporations, it is inevitable
that massive amounts of wealth will become concentrated in just a few
hands. In the United States today, the wealthiest one percent of all
Americans have a greater net worth than the bottom 90 percent combined.
#16 There is nothing wrong with making money, but
there is something wrong with a game where individuals and small
businesses cannot compete fairly. According to Forbes, the 400
wealthiest Americans now have more wealth than the bottom 150 million
Americans combined.
#17 When the number of poor people rapidly expands
in a society, that is a recipe for social unrest. At this point, the
poorest 50 percent of all Americans collectively own just 2.5% of all the wealth in the United States.
#18 The hidden tax of inflation is absolutely devastating middle class families all over America. Since 1970, the U.S. dollar has lost more than 83 percent
of its value. Any dollars that middle class families try to save are
constantly losing a little bit more value every single day.
#19 American workers that try to play by the rules
find that they are constantly fighting a losing battle. According to
one study, between 1969 and 2009 the median wages earned by American men
between the ages of 30 and 50 dropped by 27 percent after you account for inflation.
#20 In recent years, many middle class families have
seen their paychecks get smaller. Median household income in the
United States has fallen 7.8 percent since December 2007 after adjusting for inflation.
#21 In recent years, many middle class families have
seen many of their basic expenses absolutely soar. For example, health
insurance costs have risen by 23 percent since Barack Obama became president.
#22 Just turning on the lights and heating their
homes has become a major burden for many middle class families.
Electricity bills in the United States have risen faster than the
overall rate of inflation for five years in a row.
#23 Just putting gas in the car has become a major
financial ordeal for millions of hard working Americans. The average
price of a gallon of gasoline in the United States has increased by more
than 100 percent since Barack Obama became president.
#24 Sadly, government dependence
is now at an all-time high, and that is the way that many among the
elite like it. When Barack Obama took office, there were 32 million
Americans on food stamps. Now, there are more than 46 million Americans on food stamps. In particular, an astounding number of children are on food stamps right now. At this point, approximately one-fourth of all American children are enrolled in the food stamp program.
#25 Many middle class families will not be in the
middle class for too much longer. According to a shocking new study
from the National Bureau of Economic Research, 200,000 U.S. households
will use the money from their tax refunds this year “to pay for bankruptcy filing and legal fees“.
Unless major changes are made on a national level, the middle class is going to continue to disappear.
If you are playing the game the way that the system tells you to play
it and you expect to live a middle class lifestyle for many years to
come there is a good chance that you will be deeply disappointed at some
point.
Millions upon millions of Americans have done everything that the
system told them to do and the system has still failed them. They got
good grades all the way through school, they went to college, they
worked really hard, they stayed out of trouble and they gave everything
they could to their employers.
In spite of all that, millions of hard working families have still lost their jobs and their homes in recent years.
Do not trust that the system will take care of you, and you should not trust that the government will take care of you either.
We don’t need the federal government to hand out more money to
everyone. Government handouts are already at record levels and the
government is not even coming close to paying for all of this reckless spending.
More government spending is not going to solve any of our problems.
Instead, what we need is an environment where the size and power of
the federal government is limited and the size and the power of the big
corporations is limited. We need an environment where individuals and
small businesses can thrive and compete fairly.
Unfortunately, neither major political party is going to move us in
that direction, so there is not much hope for solutions on the national
level any time soon.
On an individual level, we can all learn how to prepare for the very difficult years that are coming. It is imperative that we all work to become more independent of the system, because the system could fail at any time.
If you have blind faith that your job will always be there and that
the federal government will rescue you if the economy crashes then you
are likely to be bitterly disappointed at some point.
The truth is that our economy is slowly dying and the great American middle class is being systematically wiped out.
Many of the things that worked in the past are not going to work any longer.
You can choose to adapt or you can suffer the consequences.
Our world is rapidly changing, and we all need to prepare for what is coming.
April 16, 2012 – TheEconomicCollapse
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