Author Topic: Death of the American Family  (Read 3452 times)

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Death of the American Family
« on: August 20, 2015, 06:53:47 PM »
For full story go here:

http://theeconomiccollapseblog.com/archives/category/economic-despair

Quote
#1 The poorest 40 percent of all Americans now spend more than 50 percent of their incomes just on food and housing.

#2 For those Americans that don’t own a home, 50 percent of them spend more than a third of their incomes just on rent.

#3 The price of school lunches has risen to the 3 dollar mark at many public schools across the nation.

#4 McDonald’s “Dollar Menu & More” now includes items that cost as much as 5 dollars.

#5 The price of ground beef has doubled since 2009.

#6 In 1986, child care expenses for families with employed mothers used up 6.3 percent of all income.  Today, that figure is up to 7.2 percent.

#7 Incomes fell for the bottom 80 percent of all income earners in the United States during the 12 months leading up to June 2014.

#8 At this point, more than 50 percent of all American workers bring home less than $30,000 a year in wages.

#9 After adjusting for inflation, median household income has fallen by nearly $5,000 since 2007.

#10 According to the New York Times, the “typical American household” is now worth 36 percent less than it was worth a decade ago.

#11 47 percent of all Americans do not put a single penny out of their paychecks into savings.

#12 One survey found that 62 percent of all Americans are currently living paycheck to paycheck.

#13 According to the U.S. Department of Education, 33 percent of all Americans with student loans are currently behind on their student loan debt repayments.

#14 According to one recent report, 43 million Americans currently have unpaid medical debt on their credit reports.

#15 The rate of homeownership in the U.S. has been declining for seven years in a row, and it is now the lowest that it has been in 20 years.

#16 For each of the past six years, more businesses have closed in the United States than have opened.  Prior to 2008, this had never happened before in all of U.S. history.

#17 According to the Census Bureau, 65 percent of all children in the United States are living in a home that receives some form of aid from the federal government.

#18 If you have no debt at all, and you also have 10 dollars in your wallet, that you are wealthier than 25 percent of all Americans.

#19 On top of everything else, the average American must work from January 1st to April 24th just to pay all federal, state and local taxes.

Yet according to the lame stream media, " Every things coming up roses!".....in their dreams!!! :(
Reliance on your own judgements and abilities is FREEDOM.. Reliance on the government is SLAVERY!
Region 12 - Chatham County

Gunner

Re: Death of the American Family
« Reply #1 on: August 21, 2015, 01:40:50 AM »
Wow....truly scary news     :(
U.S. Army Signal Corps
U.S. Army Ordnance Corps
KK4KUB
Region 7, Georgia

Nemo

Re: Death of the American Family
« Reply #2 on: August 21, 2015, 09:54:56 AM »
Could easily delete Family from the title.

Like I have noted a time or 2 before, from the govt-- BOHICA!

Nemo


CHINA SYNDROME: Will Beijing's ailing economy drag us all down?    FoxNews.com when posted here <--- click thru takes you to  below.


http://www.foxbusiness.com/markets/2015/08/21/stocks-eye-reprieve-despite-mortal-blow-from-chinese-data


Quote
    U.S. Stock Futures Point to More Losses
    Published August 21, 2015, Dow Jones Newswires
     (Reuters)

    U.S. stocks were poised for a slightly lower open Friday, rounding out a week marked by fears about a cooling Chinese economy.

    Investors on Friday received fresh evidence of the slowdown in the world's second-largest economy. An early gauge of China's factory activity slumped to a six-and-a-half year low in August, triggering steep declines in stocks across Asia and Europe, where many companies depend on China for demand.

    U.S. stock futures indicated a 0.2% opening loss for the S&P 500 and a 0.4% opening loss for the Dow Jones Industrial Average. Changes in futures aren't necessarily reflected in market moves after the opening bell.

    Declines in European stocks were bigger. France's CAC-40 lost 1.1% and Germany's DAX slipped 1%.

    U.S. stocks fell sharply on Thursday, with the Dow tumbling nearly 360 points to its lowest level since October.

    The downbeat tone to stocks continues to be driven by "the uncertainty and speculation about the pace of global growth and what might the Fed do in September," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management. Minutes from the latest Federal Reserve meeting showed officials remain divided on whether to raise rates next month.

    Mr. Sandven noted that the renewed Chinese growth scare came as U.S. companies have largely finished reporting second-quarter earnings, giving investors little else to focus on. Including results from 484 companies in the S&P 500, earnings are on track to slip 0.6% in the second quarter, according to FactSet.

    Hewlett-Packard Co. reported a 13% drop in quarterly profit. Revenue fell 8%, marking the 15th decline in the past 16 quarters. The results were H-P's last before its planned breakup on Nov. 1. Shares lost 0.2% premarket.

    Foot Locker Inc. posted a better-than-expected 29% jump in profit amid broad-based sales growth. Shares rose 2% premarket.

    In commodity markets, gold futures were nearly flat at $1153.20 an ounce. Crude-oil futures fell 0.9% to $40.97 a barrel.

    Treasury prices were little changed, with the 10-year yield at 2.082% versus 2.084% on Thursday.

    (By Saumya Vaishampayan)
If you need a second magazine, its time to call in air support.

Came into this world screaming, kicking and covered in someone else's blood.  Don't mind going out that way.

God made Man, Colt made him equal, Browning made that perfection, Gaston Glock turned perfection to plastic fantastic junk

joebob

Re: Death of the American Family
« Reply #3 on: August 21, 2015, 01:56:51 PM »
According to # 18 I guess I am not doing too bad after all.

Nemo

Re: Death of the American Family
« Reply #4 on: August 21, 2015, 09:07:25 PM »
Anyone notice DJIA was 16,459.75 Price decrease 530.94 (3.12%) today.  On top of the 300 or so yesterday and general downtrend for past several months.

Gold was up $6 today closing at $1161.

If you are not seat belted in for the rollie coastie, better do so.

Nemo
If you need a second magazine, its time to call in air support.

Came into this world screaming, kicking and covered in someone else's blood.  Don't mind going out that way.

God made Man, Colt made him equal, Browning made that perfection, Gaston Glock turned perfection to plastic fantastic junk

Son of a son of the south

Re: Death of the American Family
« Reply #5 on: August 31, 2015, 06:16:01 AM »
Hmmm....  I wonder if I need to be looking around my house for hidden cameras or some such. 
I say this because #'s 1, 7, 8, 9, 10. 12,  14, & 19 describe my situation to a 'T''....

Prior to Katrina my wife and I were comfortable in New Orleans in a $70k+ bracket.  Then, one hurricane and one heart attack later we're one one of the bottom of the rungs - struggling to keep food on the table.  It's not that far a fall from the middle (class) to the bottom, but it still hurts when you land.  However, this taught me that stuff happens really fast, and being prepared ahead of time is so, so, so important because recovery is usually beyond reach 'after'.  Ten years alter and we're still trying to recover.

soasots
Politicians are like diapers.  They need to be changed regularly.

engineer3d

Re: Death of the American Family
« Reply #6 on: August 31, 2017, 12:14:25 PM »
A study by Facebook CEO Mark Zuckerberg’s open borders organization revealed that if an Obama-created amnesty program for young illegal aliens is ended, it would open nearly 700,000 American jobs.
Zuckerberg’s FWD.us group – a pro-immigration lobbying group – released the study with the intention to show the hardships of ending the Deferred Action for Childhood Arrivals (DACA) program, where more than 850,000 young illegal aliens have been given temporary amnesty would have on the American economy.

The study unintentionally revealed how many more job opportunities American workers would have if President Trump were to repeal DACA, as he promised his supporters he would do.

According to the FWD.us study, if DACA is repealed it would mean potentially 700,000 American jobs could open up for American citizens.

http://www.breitbart.com/texas/2017/08/31/zuckerberg-group-700k-american-job-openings-daca-ends/

obama/hillary/soros are traitors and will do anything to destroy the American way of life. They hate this country and want Americans totally dependent on them. They want to be elite, rich rulers and be in total control.

 

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