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Friday, September 12, 2014

Why You're Getting Poorer


Poor Man Survival

Self Reliance tools for independent minded people…

 


 

ISSN 2161-5543

A Digest of Urban Survival Resources

 
"One of the hardest things to teach a child is that
the truth is more important than the consequences."

-- O. A. Battista

 

Government is the biggest obstacle to job growth, business, increased income disparity…or why Americans are becoming poorer.

A roundup up of the follies which affect your jobs and lifestyle

 


It’s getting harder and harder to get hired into a legitimate job, as municipal, state and federal regulations continue to chip away at the incentive for ambitious individuals to seek a profit – or for job seekers (particularly low-skilled ones) to pursue employment.

From an analysis of research in The Economist:

Some of this may be down to structural changes in the economy…But less benign forces are also at work. The spread of occupational licensing, for everything from horse massage to hair braiding, has raised barriers to entry for occupations that once required little or no training. American employers used to be free to sack workers more or less as they pleased, but that “employment at will” doctrine has been eroded somewhat by court decisions that have established an implicit contract between employee and employer. That makes firms less likely to fire people, and therefore to hire them.

 The authors also finger the information revolution: a job applicant these days could be undone by a criminal record, a poor credit history or even an impolitic Facebook posting, all of which are easy to find online.

America's wealth gap 'unsustainable,' may worsen: Harvard study

The widening gap between America's wealthiest and its middle and lower classes is "unsustainable", but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday.

The study, titled "An Economy Doing Half its Job", said American companies - particularly big ones - were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits.

"We argue that such a divergence is unsustainable," according to the report, which was based on a survey of 1,947 of Harvard Business School alumni around the globe, and which highlighted problems with the U.S. education system, transport infrastructure, and the effectiveness of the political system.

http://finance.yahoo.com/news/americas-wealth-gap-unsustainable-may-worsen-harvard-study-110255435--business.html

 

Federal government bigwigs are planning for the collapse of the U.S. dollar, he said. They even have a date. They expect the dollar to implode in 2016.

According to a source inside the Department of Homeland Security…

He explained that there are foreign forces working to undermine the dollar. And it’s working. It’s happening slowly, but it’s going to mushroom, and the net result will be a global panic and massive dollar selling – to the point that it will collapse.

Because we rely on the dollar without questioning its purchasing power, its “store of value” or its government backing, a sudden collapse of the dollar would undermine society.

How’s that? That’s because, my friend told me, the divide between the haves and have-nots in the United States is so wide now that the government expects there to be riots and looting and total chaos all across the country.

It will be about having things or not having things, he said. It won’t be about having dollars, because they won’t be worth anything.

That’s why the feds are stockpiling ammo. That’s why it’s harder for the rest of us to get ammo.

The Poor Man has reported this for more than a year but few have listened…Oh well, those who don’t pay attention are the suckers!

US Treasury Department Secretary Jacob Lew said that it will decide "in the very near future" if it has the authority to strip tax incentives to American corporations relocating to foreign countries.

Lew is a proponent of such action, believing that US corporations leaving the US for better foreign tax rates, while maintaining headquarters in the US, should be violently opposed. The Obama regime has said it believes such legislative action should be retroactive…

 



As we’ve reported for years, government jobs are the last bastion of the middle class, pay, perks, and benefits…the private sector keeps losing.

Gap Between Teacher Salaries and Private-Sector Workers Increasing - Public school teacher pay has risen from 10 percent to 23 percent higher than average worker

America is running out of jobs. It's time for a universal basic income.

The politics of a guaranteed income get a lot easier when you acknowledge that the U.S. is no longer the land of opportunity

http://theweek.com/article/index/267720/america-is-running-out-of-jobs-its-time-for-a-universal-basic-income

Thanks to decades of sub-standard leadership in our country and the loss of common sense in our school systems…the United States is being systematically dismantled – I personally feel we'll likely see a huge rise in stocks just before the crash.

 

Now free of charge…

Lost in the rhetoric about the decline of the middle class is the reality of the decline. Nearly everyone is aware that the middle class is struggling, but few understand how the struggle plays out in everyday life.

How to Survive the…

War on Middle Class and All 9 Bonus Reports can be downloaded here:


 

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