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Tuesday, September 10, 2013

Falling incomes, Falling skies: 10 Facts about the Obama Economy


Bruce’s Poor Man Survival Bulletin

A Digest of Urban Survival Resources


For Independent Minded People!

ISSN 2161-5543

 

 

The thing generally raised on city land is taxes – Charles Warner

From The Smiling Dog Saloon Files

 

 

In This Issue:

1.        Falling Income, Falling Skies

2.       Map-Where you don’t want to be when the SHTF

3.       Scalable solar power plan on a budget

4.       Nurturing your soil-Post Garden Roundup

5.       10 facts about the Obama economy

 

A trend the Poor Man wrote about last year (on our Boot Strap Biz Tools page as a free download)

 

Incomes Could Fall For the Next 30 Years

 

Growth of Hispanics and retiring baby boomers major contributors to this trend…

Every downturn in America’s economic history has been followed by a recovery. And since the 1930s, those recoveries have only taken a couple of years to materialize.

Even now, in the aftermath of a deep recession, the economy is growing and the unemployment rate is falling. But the next few decades could be uncharacteristically bleak, according to a new study.

Economists Richard Burkhauser of Cornell University and Jeff Larrimore, a staffer on the Congressional Joint Committee on Taxation, warn that demographic factors -- which have largely aided the U.S. economy in the past -- could end up pushing incomes down for the next 30 years or more. If other factors don’t force incomes up, we may be at the beginning of the longest period of economic decline in American history.

It’s well understood that incomes went up in the 1980s and 1990s but stagnated from 2000 to 2007. The median income fell sharply during the 2007-2009 recession and has yet to recover.


 

Now is a good time to start a compost pile – add grass clippings, kitchen leftovers, foliage, chopped leaves which create good compost.

 

 

PM’s Roundup of Useful Resources…

 

Too Much Stuff in Your Life?  7 Ways to Turn it Around

From sharing to repairing, the inspiration you need to lighten your load.


 

 

Map: Where You Don't Want to Be When It Hits the Fan
When it hits the fan America's population centers will explode in violence, looting, and total breakdown of law and order.

 


I like the idea of “scalable” and “modular” systems. If I had thought about my small solar setup a bit more I would have done things a bit different to make adding on easier. And, while I like most of the advice in the following article, I don’t believe I would have spent so much…


 

Nurturing the Soil


Preserving the legacy of the Rulon family’s farmland — productive and profitable for generations — meant turning away from a practice once as common to agriculture as tractors and seeds: tilling the soil.


On the 6,000 acres of corn and soybeans outside Arcadia, Ind., the family, owners of Rulon Enterprises, focus on strategies to promote soil health, joining a trend gaining pace over the past decade.

Limiting disruption of the soil and strategically planting cover crops provide the foundation for the system, a profound change from traditional farming techniques.

Rodney Rulon believes few choices exist for anyone who wants to have long-term healthy soils.

”The reality for us, and I think for most farmers, is that we’re trying to be good stewards for the land and resources,” he says. “That’s how we support our families, and we hope the land will be there to support the next generation.”

The approach of no-till farming contrasts with traditional methods. For example, until the 1950s, the top 10-12 inches of a field was turned, plowed, and disked multiple times in preparation for planting.

 

More at:


 

Post Garden and Yard Penny-Wise Round Up
With the arrival of autumn, comes the annual vegetable harvest and yard clean up ritual. Amidst your clean up efforts, it's possible to reduce your present and future garden and yard expenses.


 

How to Stop Abusive Debt Collection Practices
Being in debt is stressful enough without being harrassed by collectors. Know your rights as a debtor and how to get abusive debt collectors to cease and desist.

 

 

Cabin Fever – something you’ll get next spring.  It stems from improper chinking of old homestead log cabins which enabled the buildup of carbon dioxide poisoning due to lack of circulating air and buildup from fires.

 

The Nanny State-We love our government


Since the 9/11 attacks, federal and state surveillance of nonviolent student groups, protest movements, and mosques has increased along with the growth of fusion centers. Fusion centers serve as the focal points for the receipt, analysis, gathering, and sharing of threat-related information. According to DHS, there are fifty-three primary fusion centers and twenty-five recognized fusion centers across the United States.


 

 


By Raj Goel

Those who ask you to choose security or privacy and those who vote on security or privacy are making false choices. That's like asking air or water? You need both to live. Maslow placed safety (of which security is a subset) as second only to food, water, sex, and sleep. As humans we crave safety. As individuals and societies, before we answer the question "security or privacy," we first have to ask "security from whom or what?" and "privacy from whom and for whom?"


 

Facebook in fresh privacy row with new policy

Privacy fears cause more to cover online tracks


 

In pioneer times boiling animal horns to be made into spoons was a chore many kids performed…they also would drop a live chicken down the chimney to break loose creosote.

 

 
 
The Parting ThoughtNot to worry in the land of the free!

 

Dear Unconcerned Citizen…

Courtesy of The Economic Collapse blog, here’s a list that’s bound to make Progressives come unglued. For your reading pleasure, here are 10 incontrovertible facts about the Obama economy, none of which can be blamed on the Bush Administration.

Under President Obama …


1) The number of Americans counted as “not in the labor force” has increased by 8,332,000.

2) The average duration of unemployment in number of weeks is up from 19.8 to 36.6.

3) Seven out of eight new jobs are part-time.

4) The middle class is taking home a smaller share of the overall income pie than ever before.

5) Median household income in America has fallen for four consecutive years.

6) The poverty rate has shot up to 16.1%, higher than when the War on Poverty began in 1965.

7) The total amount of student-loan debt has increased from $440 billion to about $1 trillion.

8) The U.S. debt-to-GDP ratio has increased from under 70% to 101%.

9) Electricity bills have risen faster than the overall rate of inflation for five years in a row.

10) The mortgage delinquency rate has increased from 7.85% to 9.72%


 

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