"Due to the recession there are now 15,000 less lawyers. Nobody ever talks about the good things that happen because of the recession." –Jay Leno
NaturalNews - The povertization of America is a real problem, and it is one that has been slowly escalating for quite a while. But more government intervention in the form of taxes, regulation, and control, is not the answer to the problem. If Americans ever hope to regain their freedom -- which includes the freedom to prosper and not be chained to the slavery of an overtaxing, overburdening central government -- they will have to forcibly decouple themselves from these yokes of slavery that are not only constraining them, but now slowly starving them.
NaturalNews - The povertization of America is a real problem, and it is one that has been slowly escalating for quite a while. But more government intervention in the form of taxes, regulation, and control, is not the answer to the problem. If Americans ever hope to regain their freedom -- which includes the freedom to prosper and not be chained to the slavery of an overtaxing, overburdening central government -- they will have to forcibly decouple themselves from these yokes of slavery that are not only constraining them, but now slowly starving them.
First, investors and banks gambled with your retirement... now your lives.
The Food and Agriculture Organization (FAO) index of 55 food commodities indicates that worldwide food prices hit a record high in December..."food inflation" will occur right alongside the commodity price gains. And rapid food inflation has already taken place in India, for example, with recent reports indicating that the country experienced an overall food inflation rate of 18 percent in 2010. - BloomBerg
Get in line for your government cheese
Those who insist the "recession" is over might want to tell that to the nearly 50 million people, and growing, in the U.S. that are now considered to be "food insecure," or unable to provide food for themselves and their families. According to Chaz Valenza, a New Jersey-based writer and small business owner, thousands of Americans that were once considered middle and even upper-middle class are now entering the ranks of the poor and hungry.
For many, job losses and perpetual unemployment landed them in line at the local food bank. But for a surprising many others, inflation and the many sectors of life that are affected by it drove their otherwise stable middle class incomes into the category of poverty. And based on the way it looks, things are only going to get progressively worse for many more Americans if things do not change.
Valenza explains in his article that while America's poverty crisis is nowhere close to various third-world countries where people live on mere cents a day, the trend towards poverty in the U.S. is on the rise in a way that would shock most people. Many folks who work the same amounts or even more than middle class people did just a few decades ago, for instance, are barely making ends meet today. And except for those who are financially independent, even some of the wealthiest among us are only a paycheck or two away from the bread line.
Job loss during the Great Recession is upending retirement savings plans for many older workers. Fewer than a quarter of workers age 50 and older who lost their jobs between mid-2008 and the end of 2009 found work within 12 months, much lower than the reemployment rate for younger workers. Older displaced workers who find jobs must often accept deep pay cuts. These challenges highlight the need for more training and employment services for those 50 and older Full Report here
Education is Not the Cure for High Unemployment or for Income Inequality...
Education is Not the Cure for High Unemployment or for Income Inequality...
With signs pointing to persistent high unemployment and a recovery even weaker than those of the early 1990s and 2000s, it is becoming common to hear in the media and among some policy makers the...Full PDF
Sources for post:
Chaz Valenza - "WordsWillNever"
NOTE: I post articles because I think they are of interest. Doing so doesn't mean that I necessarily agree with every—or any—opinion in the posted article. This includes photos ;-)