Recovery: 4 Out of 5 U.S. Adults Struggle with Joblessness, Near-Poverty or Reliance on Welfare
July 28th, 2013Can I get some green shoots with that?
Via: AP:
Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
Posted in Economy | Top Of Page
The pieces finally fell into place for me this morning… (apologies to those for which this is already obvious.)
Let’s see if I have this straight.
There is a direct correlation between the issues of lack of job creation and why the ruling elite aren’t doing anything about global warming. THIS IS precisely what they are doing about it!
They sold their “free market” hokum to “The Developing World” with visions of a vast global middle class living their own version of the American Dream(tm).
They rammed the same policy down America’s throat by building Walmarts all over the place to sell the resulting cheap widgets to materialistic yankees.Then they released a torrent of cheap credit so they could buy all they wanted, setting themselves up for debt-slavery once the various bubbles all burst.
(Mind you, by manipulating the markets, they managed to profit from each stage of this process.)
American jobs went away with collapse of demand, and the next phase, of course, was The Big Foreclosure and Endless War.
The policies, I think, were designed from the beginning to decimate the resource-gobbling American middle class to a much larger extent than creating anything resembling them in other parts of the world.
Mission Accomplished.
What they succeeded in doing was to create a class of International Oligarchs to enforce these policies in their own countries, for their own best interests, and let global warming take care of itself when the former middle-class is reduced to “sustainable” levels of resource consumption.
The perpetually poor will die off naturally (or with help) as a matter of course.
Does that pretty much sum it up?
The only remaining question is: Did really smart, amoral people spend their lives gaming this stuff in Think Tanks, and then release their findings to the Bilderbergs/Rothchilds/Bohemian Grovers/Pick your favorite evil cabal? Or did this all just happen as the cumulative result of centuries of corruption?
Happy Monday!
=gc=