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Most Americans Can Hardly Afford To Live 08-07-2019 16:52 к комментариям - к полной версии - понравилось!


Факты, которые подконтрольные ЦРУ СМ»И» в России скрывают...

Dictatorship USA – Run By A Plundering and Murderous Ruling Class — 2019 (543)

Most Americans Can't Afford To Pay Rent, Eat Food, Buy Stuff, Or Get Sick (And It's Just Going To Get Worse)

The Organic Prepper blog, July 5, 2019


We are living in precarious times. The US is on shaky financial ground.

More than half of families in the US live in “asset poverty.”

A recent study found that more than 63 percent of American children and 55 percent of Americans live in “asset poverty”. This means they have few or no assets to rely on in the event of a financial emergency such as a job loss, a medical crisis, recessions, or natural disasters.

This study was published in the journal Children and Youth Services Review earlier this year.

When families lack assets such as vehicles, homes, savings accounts or investments, surviving a financial crisis is very difficult. And living in poverty can have devastating impacts on children. Experiencing poverty in childhood can have lifetime impacts for those children; past research has shown that children who grow up in poverty are more likely to struggle in school, have lower job earnings throughout life and experience family instability as adults.

Rent is becoming unaffordable for many Americans.

According to the National Low Income Housing Coalition, renting is becoming increasingly unaffordable for many Americans. The organization explains that the struggle to find affordable housing is not limited to those earning minimum wage or the unemployed.

The report’s central statistic is the Housing Wage, which is an estimate of the hourly wage a full-time worker must earn to rent a home without spending more than 30 percent of income on housing costs. For 2019, the Housing Wage is $22.96 and $18.65 for a modest two and one-bedroom apartment respectively based on the “fair market rent”. To put this in perspective, a median-wage worker in eight of the country’s largest ten occupations does not earn enough to afford a one-bedroom apartment.

An employee earning the federal minimum wage ($7.25 per hour) would have to work 127 hours every week (equivalent to more than two full-time jobs) to afford a two-bedroom apartment. There isn’t a single state, metro area, or county in the U.S. where a full-time employee earning the minimum wage can afford to rent a two-bedroom property.

Food is about to become more expensive.

Massive, damaging floods in the Midwest have been occurring since this past March. To make a bad situation worse, the potential for more floods in key agricultural states looms in front of us as more rain is predicted for the rest of this spring. So far, heavy flooding has impacted important agricultural states, including Nebraska, Iowa, Illinois, and Missouri. The economic impacts of the flooding are likely to be devastating.

Our modern food supply is largely dependent upon grains and soy. With major producers losing at least one harvest this year, the cost of manufactured food and livestock feed will skyrocket. Meat and dairy will be doubly impacted. While many farms lost animals to floodwaters, and farmers lost money due to both lost animals and damage to property, the cost to feed those remaining animals is going to go through the roof.

Add to this livestock disease and tariffs and trade wars, both consumers and farmers are in deep financial trouble.

Americans are losing purchasing power.

For the average American household, wages have risen modestly while the purchasing power of those wages has plummeted. Furthermore, the quality of goods and services has in many cases declined sharply.

Case in point: appliances were once designed and built to last a generation or longer. Refrigerators, washers and dryers lasted for decades. Now the average appliance fails within a few years, and the electronic board–costing roughly a third of the entire appliance price–fails and must be replaced. The cost of the repair is so high, consumers often dump an almost-new appliance to the landfill and buy a new (and soon to fail) appliance.

Although our income is higher than it was 40 years ago, we can’t buy much with it. Adjusted for purchasing power and quality, the average paycheck buys far less than it did 50 years ago.

Evidence that the economy has already entered a downturn is mounting.

The New York Fed’s Empire State manufacturing index just suffered the worst one month decline in U.S. history, Morgan Stanley’s Business Conditions Index just suffered the largest one month decline that we have ever seen, global trade numbers are the worst they have been since the last recession, and there is a complete and utter “bloodbath” that we are witnessing in the U.S. trucking industry right now. New home sales in the U.S. were down a whopping 7.8 percent during the month of May.

The economy has not recovered much since the 2008 recession.

Many refer to stock market valuation and the “official” unemployment rate as indicators of an improving economy, but the truth is that they paint a deceiving picture of the true state of the American economy. Alternative calculations of the employment data — which include long-term discouraged workers and chronically unemployed — indicate that the labor market is much slacker than the official statistics indicate. 

Monetary and fiscal stimulus policies do not bring about a solid recovery but manufacture a phony economic growth that distorts the economy’s structure of production. The majority of the people do not attribute the discrepancy between the growth of financial wealth and the stagnation of the real economy to the policy of the authorities — but accuses capitalism of this evil.
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Перед нами - коварный и опасный мошенник, расист, лжец и фашист Дональд Трамп, порочный Конгресс, нацистские ФБР - ЦРУ, кровавые милитаристы США и НАТО >>> а также и лживые, вредоносные американские СМ»И».

Нынешние киевские власти — фашистские агенты американского империализма... Именно то, чего хотят Трамр/ США и в Венесуэле!
А также в Иране. Затем и в России!

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Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» - "Silent Terror: One family's history of political persecution in the United States» - http://arnoldlockshin.wordpress.com

Правительство США еще нарушает мои права, в течении 15 лет отказывается от выплаты причитающейся мне пенсии по старости. Властители США воруют пенсию!!


ФСБ - Федеральная служба «безопасности» России - вслед за позорным, предавшим страну предшественником КГБ, мерзко выполняет приказы секретного, кровавого хозяина (boss) - американского ЦРУ (CIA). Среди таких «задач» - мне запретить выступать в СМИ и не пропускать отправленных мне комментариев. А это далеко, далеко не всё...

Арнольд Локшин, политэмигрант из США


BANNED – ЗАПРЕЩЕНО!!
ЦРУ - ФСБ забанили все мои посты, комментарии в Вконтакте, в Макспарке, в Facebook (“a dangerous account — your post goes against our Community Standards so only you can see it”), в Twitter (“Your account is suspended and is not permitted to perform this action”), в Medium.com... и удаляют ещё много других моих постов!
вверх^ к полной версии понравилось! в evernote


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