Recently, a friend asked me what would I recommend his daughter major in as she begins college this fall. I thought for a moment and answered “welfare”. The father was quite taken back as I took out my IPAD and forwarded him some one of my files which contains our recent economic statistics.
There are 35 states in this country in which it is better to accept welfare than work at an entry level job. Much like crack cocaine or heroin addicts, much of our nation is hopelessly addicted to living in the welfare state. This has real implications for the emotional and even spiritual health of our nation. The most distressing aspect of the present economic conditions we find ourselves mired in, is the fact that we are allowing our young people to have their dreams and their very sense of hope stolen away from them. Fear monger, naysayer, doomsday proohet are terms ascribed to people who dare to criticize the existing economic system and speak about the real implications for our people. I dare the most liberal of you to read the following facts, engage in your own fact checking and then not to be able to conclude that the American dream, for most of our people, is dead and buried.
The Average American Is Taking a Beating
It is not just our nation that is taking a beating, our individual financial situations in this country has grown to a crisis level. America is no longer just in a depression. We have entered third world status, a kind of permanent depression, if you will. Yes, we have skyscrapers and modern technology, but only the elite control these resources and the average American’s standard of living is in a state of economic free fall.
According to the U.S. Census Bureau, more than 146 million Americans are either “poor” or “low income”. Stunningly, more than 100 million Americans are enrolled in at least one welfare program run by the federal government, not including the massive entitlement programs of Social Security or Medicare. The number of people on food stamps has grown to 47.79 million Americans. In 2008, when Obama first took office, only 32 million Americans were on food stamps. Approximately, 20.2 million Americans spend more than half of their incomes on housing, which represents a 46% increase from 2001. Parents under the age of 30 experience poverty rates consisting of 37 percent. The number of Americans living in poverty has grown to one out of every six US citizens. Can you say “turn out the lights, the party is over.”
It No Longer Pays To Go To Work
Of all the facts that serve to describe the economic chaos, there is one fact that stands out among all others.
FOR MOST AMERICANS, IT NO LONGER PAYS TO GO TO WORK FULL TIME. THE AMERICAN DREAM IS DEAD AND BURIED
Ninety million unemployed Americans are no longer even looking for work. The next time you go into DMV, please realize that you are subsidizing a driver’s license for about a third of the people. You are also paying for their health care, food stamps and shelter. And many of these lower class, poverty-stricken “Americans” are living a higher standard of living than you are and this is by design courtesy of Obama’s policies of Marxian social justice and wealth redistribution. If you are a liberal, you are probably fine with giving away your paycheck to people who will not work. If you are over 40, possess common sense, have an IQ higher than room temperature, then you realize that this is national suicide to keep doing what we are doing.
The Numbers Do Lie
Wayne Emmerich found that the family breadwinner who works only one week a month at minimum wage makes 92% as much as the breadwinner grossing $60,000 a year. Emmerich’s stats demonstrate that by working only one week a month on can save a lot of money in child care expense. But topping the list is Medicaid, which is accessible to minimum wage earners and the program has very low deductibles and co-pays. In short, by working only one week a month at a minimum wage job, a minimum wage earner is able to get total medical coverage for next to nothing courtesy of you and me.
The middle class is not as lucky as the $60,000 breadwinner pays out approximately $12,000 per year in health insurance costs with an additional $4,500 in co-pays. And if anyone in the part-time minimum wage earning family is disabled, SSI pays out an additional $8,088 per year. When one begins to calculate the expenses incurred by a typical breadwinner making $60,000 per year, compared to the part time minimum wage worker, coupled with minimum wage earners tax supported federal bailouts for these freeloaders, the poor have more discretionary income than those who pay the taxes that run the country. And if the part time minimum wage worker is willing to cheat and participate in the underground economy, they will have significantly more discretionary income than their hard-working $60,000 per year counterpart who actually works for a living. In short, if you are a full-time employee making above minimum wage, you are paying for your own economic demise. The numbers here suggest that we’d be better off staying home and living off of the labors of what’s left of the middle class.
In short, for most industrious Americans, it no longer pays to go to work. This system is catapulting our country towards an economic Armageddon. Welfare pays and pays well, until the government turns off the faucet. Then we will have a revolution inspired by the 146 million Americans who can longer support themselves.
What do you think Obama’s “Myra” account is for? It is about handing over all 401K’s to the federal government. Why are banks installing capital controls which are making it increasingly difficult get your money out of the banks? What is the MERS mortgage fraud complete with robo-signers about? It is all about stealing any and every asset and opportunity in this country. The present policies of the Obama administration are creating a slave class of welfare-dependent junkies who have no hope, no pride, no internal focus of control, no work ethic and no future.
Take a look at the following economic chart created by the Cato Institute. There are , in America, 35 states who pay welfare recipients better than retail clerks, factory workers and fast food employees. This is a world turned upside down and only the twisted communist-based economic policies of this present administration would think that this is acceptable. And before you welfare recipients fire up your computer to write to me and tell me how I evil I am for printing this, I would remind you that what the government can give you, the government can take away from you.
My wife started out her professional career working at McDonald’s serving hamburgers at the age of 16. Twenty years later and after several promotions, she was in charge of all of the corporate owned McDonalds in Arizona. On a national level, she ran the food concessions for the NBA All-Star weekend as well as the NFL Superbowl held in Phoenix. Under the present economic climate and policies, what would have been her motivation to work her way to the top before retiring? Today, our country has robbed its citizens of its most precious resource, hope!
Our Children Have a Bleak Economic Future
If there is a compelling reason to leave America, it would be to provide our children with a future which is much brighter than the future that they will be burdened with in the United States.
Even if there are not any severe political/military disruptions in America’s immediate future, most of our children have a dismal future and the numbers do not lie.
At this point in time, about half of all recent college graduates are working at jobs that do not even require a college degree. The number of Americans in the 16 to 29 year old age bracket with a job declined by 18 percent between 2000 and 2010. Incomes for U.S. households led by someone between the ages of 25 and 34 have fallen by about 12 percent after you adjust for inflation since the year 2000. In the United States today, 317,000 waiters and waitresses have college degrees. One poll discovered that 29 percent of all Americans in the 25 to 34 year old age bracket are still living with their parents. Overall, approximately 25 million American adults are living with their parents according to Time Magazine.
America is no longer the land of opportunity as the United States is not even in the top ten. In fact, the United States only ranks 20th in terms of overall gross pay! Yet, what we do have is a plethora of young people hopelessly mired in student loan debt when they graduate and a federal government that is more than happy to garnish their wages and, in some cases, even SWAT team them for nonpayment.
Every business professor should be required to teach these statistics to their freshman classes in college. There are some, but very few good jobs left in America. Why? There is little money left for investment as the banksters stole most of our liquid capital during the bailouts and these bailouts are still continuing today. This negative assessment is also true because, 25 years ago, we committed national suicide when we enacted the first of several free trade agreements which led to the mass exodus of jobs to overseas cheap labor markets. The United States people have been economically raped to the point that the only thing left to steal are homes, bank accounts and retirement funds, and that is beginning to happen as well (e.g. MF Global). If a professor was truly going to be honest with their students, they would tell them “Get up out of your seats, go get your your passports, apply for a Visa and move to Norway, Finland, Sweden, Switzerland, Germany, etc.)”. But no, we keep selling our young people on the notion that there is still something called the American dream! Actually, there are some good job opportunities left in America, but only a small percentage will realize their professional and economic dreams under this present set of conditions.
Please allow me to save the worst for last. Our national deficit is $17 trillion dollars. Our unfunded liabilities are $242 trillions dollars (e.g. Social Security, Medicare, etc.). Our credit swap derivatives, ponzi scheme debt which was passed onto the American people during the bailouts, is $1.5 quadrillion dollars. The entire estimate wealth of the planet is $96 trillion dollars at the high end of the estimate. Our government collects about $2 trillion dollars in taxes each year and the economy is contracting. Where is the logic in the hope that we can overcome these financial obstacles with simple austerity? Our descendants will be paying off these debts, while mired in economic slavery well into the 30th century.
I have a question for all liberals who are still drinking from the Obama Kool-Aid; do you really think the banksters are ever going to allow the people to repudiate these debts without a war or the implementation of some extreme form of martial law crackdown against resistance to the present status quo?
Consistently, this column has proven its dedication to reform and change through nonviolent means. However, the small group of central bankers who have enslaved nearly every country on this planet with insurmountable debt will never let go of this control without a fight. This is why I am advocating for not participating in their bankster controlled institutions (e.g. Bank of America, WalMart, etc.). However, at the end of the day, the obvious bankster counter would be the well known, much anticipated practice of accepting the mark and you will not be able to buy and sell without it. Ultimately, at its root, this is a spiritual war between good and evil.
Dave Hodges is the Editor and Host of The Common Sense Show.