Poor Man
Survival
Self
Reliance tools for independent minded people…
ISSN
2161-5543
A Digest of Urban Survival Resources
"A wise
man neither suffers himself to be governed,
nor attempts to govern others."
-- Jean de la Bruyere
nor attempts to govern others."
-- Jean de la Bruyere
The Rise of the Part Time Worker
While
fast food workers demonstrate for higher wages, many are planting disinformation
about how raising the minimum wage will kill businesses and raise the price of
food. Really? It never has in the past. What hurts business are onerous regulations and an outdated tax system
The
Poor Man has always said, simply STOP taxing the first $25,000 of income at ALL
levels for every person. This will
provide an immediate raise and it won’t cost businesses a cent. The cost of living is rising faster than the
average person can keep up thanks to the Fed.
The US, at 35%, has the highest
corporate tax rate in the world which is why so many US firms have moved
overseas. We have only short sighted
politicians to blame for a crap economy.
The
Washington-Wall Street Cartel is Shafting the US Worker
People are disenchanted with the existing system. They don’t trust the government, they don’t trust the banks, and they don’t trust the media and they’ve Lost confidence in government.
If you were to ask 10 Americans if they have confidence in Congress, less than one would now say yes.
And it’s not just disgust with the legislature. It’s all of government. Confidence in President Obama is at its lowest level ever.
There's a reason America is floundering
economically. There's a reason for the ever-widening divide between the
"haves" and the "have-nots" in the United States that we’ve
not seen since the Great Depression.
Our country is no longer a free market, capitalist republic. America has devolved into a socialist plutocracy..
Our country is no longer a free market, capitalist republic. America has devolved into a socialist plutocracy..
Since 1979 we've gone from a high of
19.5 million manufacturing jobs to 11.5 million at the start of the
recession in 2009. Our combined governments now employ more people than our
manufacturing sector. That's a shocking amount of job loss. Ever since the U.S.
economy has been globalized, we've seen a steady stream of jobs going overseas
to much cheaper labor markets like China and Mexico and other third-world
nations.
In fact, there are a number of shocking
facts that explain what has happened to workers since we started killing off
our manufacturing and shipping jobs overseas which General Electric began in
the mid-1980s:
·
The U.S. Department of Commerce data shows that “U.S. multinational
corporations, the big brand-name companies that employ a fifth of all American
workers… cut
their work forces in the U.S. by 2.9 million during the 2000s
while increasing employment overseas by 2.4 million.”
·
When NAFTA was passed in 1993, it was sold to the public as a job
creator. The Peterson Institute for International Economics predicted that 170,000 jobs would
be created in the U.S. during the first two years alone. The opposite happened.
According to the Economic Policy Institute, NAFTA has contributed to a net loss
of one
million U.S. jobs by 2004.
·
According to Public Citizen, over 845,000 American workers lost their jobs because their
factories were moved to Canada and Mexico. These folks have had to go on Trade
Adjustment Assistance, which provides up to 117 weeks of cash payments in
addition to regular unemployment insurance.
So instead of being gainfully employed
by American companies, these displaced workers have their salaries taken
care of by taxpayers. It's a win for big business: they can reap bigger
profits from lower wages while the taxpayers are on the hook for $234,126,500 a
year in Trade Adjustment Assistance and another $43,227,212 annually for
Reemployment Trade Adjustment Assistance and many of these firms park their
profits overseas, out of reach of the US tax system.
For those lucky enough to find a new
full-time job – Two-thirds of them took a pay cut of 20% or more.
The Rise of the
Part-Time Worker
While "official" government
statistics* have shown a steady increase in job numbers since 2009, it is the
kind of jobs created that is worrisome. Almost 20% of the entire labor force is working part-time. This
has been a 30-year trend, which has only accelerated since the recession.
This is alarming for a couple of
reasons. For one, part-time workers rarely get employer benefits, so that
burden for health care and other benefits is kicked to the taxpayer.
That's why the stock market is hitting
all-time highs while the quality of life for the rest of us is going down the
tubes.
It's also great for government
employment stats, since they can put part-timers on their fancy reports and
count one person working three jobs as THREE workers! For example, in June the
jobs report claimed to have added 288,000 jobs — that's 52 consecutive months
of reported job growth. What they didn't mention in the headlines is that
full-time jobs actually dropped by 530,000 from May.
·
Before the crash in 2007, the average household in the top 5% of earners
had 16.5
times as much wealth as the average U.S. household. Now the top
5% has 24
times as much wealth as the average overall household.
·
The top 20% of U.S. households watched their income grow by an average of
$8,358 a year from the crash until 2012. The lowest 20% of
earners? They witnessed a $275 decline per year. And that is data right from the Bureau of Labor Statistics.
·
The average wage for new jobs is 23% less than the average annual wage of jobs that were
lost during the recession.. And while the latest jobs report bragged that the
economy gained 209,000 jobs, there was zero wage growth.**
I believe a
major stock market correction is in our future. Stock prices continue to rise
to all-time heights, all based on one thing: the Fed being forced to keep
printing fake money so Wall Street and stock investors can get rich on the
misery of the rest of us…several years ago I pulled all my investments out of
the stock market and put it into farm land and bullion.
*Over the past
12 months more full-time jobs were created overall according to economist Scott
Anderson with the Bank of the West. He
also says we still have 3.2 million who have given up finding work which will
affect our long-term economic growth.
**Wage growth
has essentially been zero but some argue it has averaged two percent, less than
the rate of inflation. For a wage
increase to have any meaningful impact it would have to be in 4% area but most
Americans haven’t had a real raise since the 1970s when the cost of living is
factored in.
Grab these free e-books from our research team-save
time and money!
After a visit to the grocery store,
does your wallet feel thinner? You're not alone. And you're certainly not
imagining things. Food prices are going up - all the time.
In fact, right now prices for meat, poultry, fish, and eggs are at an all time high.
In fact, right now prices for meat, poultry, fish, and eggs are at an all time high.
The Emergency Food Buyers manual…all
FREE from the Poor Man Survival team!
What If You Can’t Pay Your Medical
Bills?
Olive Oil
I love to use olive oil in my recipes, but I
don't like the price. I've learned that you can dilute it 50/50 with regular
vegetable oil and still not lose any of the taste!
Additional useful gems for making life better
Bruce ‘the Poor Man’
Got a News Tip or Resource to Share With the Poor Man?
Send it to: PoorManSurvivor@Gmail.com
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