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Posts tagged ‘United States Census Bureau’

something has to change (By David McWilliams)

By David McWilliams

Did you know 47 million Americans live under the poverty line and that figure has risen every year for the past four years? There are more Americans in poverty than at any other time during the past 52 years.

What about the fact there are the same amount of jobs in total in the US economy today as there were in 2000, and yet the population is 38 million larger? These are significant figures because the US economy is not creating jobs and, without jobs, these figures get worse. If they get worse, something will give.

Maybe the rise in US poverty is the reason why extremely rich Americans like Warren Buffett are imploring US President Barack Obama to tax the rich more. Maybe Mr Buffet reckons it is better to give away a bit of wealth now, than all of it in a massive political change later. We see the same thing in France, where the very rich are arguing to be taxed more.

full article at source: http://www.davidmcwilliams.ie/2011/09/21/world-is-on-the-edge-and-something-has-to-change?utm_source=WebsiteSubscribers&utm_campaign=275fecfcfb-Weekly_Roundup_10_August_2011&utm_medium=email

Impoverishment of the Western World

By  Daily Bell

U.S. poverty totals hit a 50-year high Census Bureau’s grim statistics show recession’s lingering effects, as young adults move back home and 1 million more Americans go without health insurance … In a grim portrait of a nation in economic turmoil, the government reported that the number of people living in poverty last year surged to 46.2 million — the most in at least half a century — as 1 million more Americans went without health insurance and household incomes fell sharply.  – Los Angeles Times

Dominant Social Theme: These things happen. No reason. Depressions spontaneously occur. They are “market mistakes.”

Free-Market Analysis: We’ve spent considerable time in the past three years (the past decade, actually), analyzing how the powers-that-be have reorganized society, especially American society, in a way that relentlessly reduces prosperity. Figures released yesterday from the US Census provide a startling illustration of just how effective elites have been. (See excerpt above.)

Why would a handful of wealthy central banking families want to impoverish the US and render its citizens penniless? Our conclusion is simple: World  government is on the way and the American culture is still resistant to the kind of hyper-regulatory corporatism that is necessary to support this kind of governance.

full article at source: http://www.thedailybell.com/2927/Deliberate-Impoverishment-of-the-Western-World

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