Since 2008, we have heard many statements made about how the economy is improving. Yet, none of us can feel it, right? We hear the words, we see the graphs, and we hear the politicians, economists, and financial talk show pundits mouth the words, but we just don’t see it. Cities and counties are now going bankrupt, and we see more and more layoffs and losses of good jobs. The cold, hard reality is the U.S. economy has been steadily declining for over a decade. So let’s just look at the FACTS behind the story.
When Barack Obama entered the White House, 60.6 percent of working age Americans had a job. Today, only 58.7 percent of working age Americans has a job. Since 2008, seven out of every eight jobs that have been “created” in the U.S. economy have been part-time jobs. Seven out of eight! Walmart and Kelley Temp Services are the number 1 and number 2 employers in the country.
The number of full-time workers in the United States is still nearly 6 million below the old record that was set back in 2007. It is hard to believe, but an astounding 53 percent of all American workers now make less than $30,000 a year. Remember here that the poverty level for a family of four is $21,200! This means that more than half of American families are on the edge of poverty. So when you hear some blow hard politician seem to intimate that anyone who can’t find a decent job is some sort of slug, well slug him, figuratively speaking of course. To put a sharper edge on this, 40 percent of all workers in the United States today actually make less than what a full-time minimum wage worker made back in 1968.
During the first four years of the Obama administration, the number of Americans “not in the labor force” soared by an astounding 8,332,000. That far exceeds any previous four year total on record. In 2007, the homeownership rate in the United States was 67.5 percent. Today, it is 65.0 percent. That is the lowest that it has been in 18 years. Median household income in America has fallen for four consecutive years. Overall, it has declined by over $4000 during that time span.
What is amazing, the do nothing CONgress has the gall to encourage us all to support less government at exactly the time when we are experiencing the worst economic hardships in recent history, by some accounts far worse than the depression. The Speaker of the House had the gall to recently say it wasn’t the number of laws they passed, but the number of services they can cut! Remember this slow rolling disaster has been going on for over 10 years now. In the first four years after the crash in 2008, the number of Americans on food stamps increased by an average of about 11,000 per day. At this point, more than a million public school students in the United States are homeless. This is the first time that has ever happened in our history. That number has risen by 57 percent since the 2006-2007 school year. So let’s see, CONgress looks the other way as the banksters fleece America, and now as the collateral damage from that neglect is manifesting, NOW they say we need less government? How bold I say is guilt!
According to one recent survey, 76 percent of all Americans are living paycheck to paycheck. According to the Survey of Income and Program Participation conducted by the U.S. Census, well over 100 million Americans are enrolled in at least one welfare program run by the federal government. In the face of the ever increasing crisis, the hidden face of inflation of basics needs is devastating the shrinking ability of Americans to have a basic level of living. Electricity bills in the United States have risen faster than the overall rate of inflation for five years in a row. Health insurance costs have risen by 29 percent since 2008. Rents and education costs are out of control.
Folks, we have to wake up from this polarization game these politicians are playing. Pitting patriots against progressives, whites against blacks and browns, takers against makers, it is all a bunch of crap. The banksters and their political hacks, both Democrats and Republicans currently holding office ARE THE PROBLEM. PERIOD.
As we approach the 2014 elections, let’s wake up and not buy this rhetoric any longer. Neither side is going to fix this problem, we have to fix it, and we need to encourage people who understand the problem and are willing to run to stand up. In a bi-partisan manner, we should encourage and support those people to come forward. When you attend the town halls and campaign rallies, remember this article and don’t let ANY candidate blame “the other side” because they are the cause of this by the grossest negligence in the history of the Republic. Don’t be sucked into the “them and us” crap and demand they answer these questions we have raised in this article. Let’s not be “played” any longer.