All over America there are millions of people that will be missing meals and going hungry this holiday season. Even as much of the country indulges in the yearly ritual of unbridled consumerism that we refer to as “the holiday season”, more families in the United States than ever before will be dealing with not having enough food to eat. Food stamp use is at an all-time high. Demand at food banks is at an all-time high. They keep telling us that we are in an “economic recovery” and yet the middle class continues to shrink and the number of Americans living in poverty just continues to grow. We are witnessing unprecedented hunger in America, and this especially seems tragic during the holidays. Much of the country is partying as if the good times will never stop, but families that are living from one meal to the next are facing a completely different reality. How do you tell your children that there isn’t going to be any food to eat for dinner? How do you explain to them that other families have plenty to eat but you don’t? Sadly, many food banks are overstretched at this point. All over the nation, food pantries have actually had to turn people away because of the overwhelming demand. And more Americans used food stamps to buy their Thanksgiving dinners this year than ever before. This is a problem that is not going away any time soon, and when the next major economic downturn strikes the problem of hunger in America is going to get even worse. Continue reading →
For six of the last eleven years the world has consumed more food than it has produced. This year, drought in the United States and elsewhere has put even more pressure on global food supplies than usual. As a result, global food reserves have reached their lowest level in almost 40 years. Experts are warning that if next summer is similar to this summer that it could be enough to trigger a major global food crisis. At this point, the world is literally living from one year to the next. There is simply not much of a buffer left. In the western world, the first place where we are going to notice the impact of this crisis is in the price of food. It is being projected that overall food prices will rise between 5 and 20 percentby the end of this year. It is becoming increasingly clear that the world has reached a tipping point. We aren’t producing enough food for everyone anymore, and food reserves will continue to get lower and lower. Eventually they will be totally gone. Continue reading →
Every single day more Americans fall into poverty. This should deeply alarm you no matter what political party you belong to and no matter what your personal economic philosophy is. Right now, approximately 100 million Americans are either “poor” or “near poor”. For a lot of people “poverty” can be a nebulous concept, so let’s define it. The poverty level as defined by the federal government in 2010 was $11,139 for an individual and $22,314 for a family of four. Could you take care of a family of four on less than $2000 a month? Millions upon millions of families are experiencing a tremendous amount of pain in this economy, and no matter what “solutions” we think are correct, the reality is that we all should have compassion on them. Sadly, things are about to get even worse. The next major economic downturn is rapidly approaching, and when it hits the statistics posted below are going to look even more horrendous. Continue reading →
Poverty in the US is projected to spread at record levels unseen since the 1960s, affecting many groups including underemployed workers, suburban families and the poorest of America’s poor.
As unemployment aid dwindles and workers grow increasingly discouraged, poverty is reaching every corner of the US. In 2010, a family of four with a pre-tax income of $22,314 was considered below the poverty line, while an individual with a pre-tax income of $11,139 would have the same status. Continue reading →
The recession ruined Linda Ruggles’ business and she has been selling plasma twice a week since to make ends meet. The blood bank couldn’t bail her out from behind bars though, which is where she ended up after she couldn’t pay a $480 fine.
That fine, say cops in Mount Pleasant, South Carolina, came about because Linda Ruggles had a messy yard. Continue reading →
While U.S. unemployment remains well above eight percent, the Obama administration is proposing a half-percent pay raise for federal employees as part of its 2013 budget plan, an Office of Management and Budget official announced Friday.
The modest, but rather untimely, pay increase will mark the first uptick since before the two-year federal pay freeze enacted in 2010, which was branded by the White House as a joint effort in which federal workers would share in the “sacrifice” with the private sector, as the economy remained persistently stale. Continue reading →
It’s been a pretty typical modus operandi for President Obama: Tell any reporter or camera microphone within earshot that you are a champion of the poor, but then implement, support or adopt policies that hurt or punish them economically.
Once upon a time, the United States had the largest and most vibrant middle class that the world has ever seen. Unfortunately, that is rapidly changing. The statistics that you are about to read prove beyond a reasonable doubt that the U.S. middle class is dying right in front of our eyes as we enter 2012. The decline of the middle class is not something that has happened all of a sudden. Rather, there has been a relentless grinding down of the middle class over the last several decades. Millions of our jobs have been shipped overseas, the rate of inflation has far outpaced the rate that our wages have grown, and overwhelming debt has choked the financial life out of millions of American families. Every single day, more Americans fall out of the middle class and into poverty. Continue reading →
If the U.S. economy is improving, then why is child poverty in America absolutely exploding? If we are experiencing “economic growth”, then why are more than half of all children in major U.S. cities like Cleveland and Detroit living in poverty? If we are the “greatest economy on earth”, then why are one out of every four American children on food stamps? The shocking statistics that you are about to read below should absolutely break your heart. Tonight, millions of precious American children will go to bed without any dinner. Tonight, millions of American children will shiver as they try to go to sleep because their families cannot afford any heat. How bad does child poverty have to get before we all finally admit that our economic system is completely failing many of the most vulnerable members of our society? If you want someone to blame, you can blame Congress, the Obama administration, the Bush administration and the corrupt Wall Street bankers. But most of all, blame the Federal Reserve and the debt-based monetary system that the Fed administers. Our economy is in the midst of a long-term decline and is slowly but surely dying. Many of those that are suffering the most from this decline are children.
Americans are quickly getting poorer as the much-touted economic “recovery” remains elusive. Household wealth plummeted by more than four percent from July to September according to a report released last week by the Federal Reserve, marking the steepest drop since 2008 and the second quarterly decline in a row. That represents an average loss of about $21,000 per household in just three months. Continue reading →