Exclusive: 4 in 5 in US face near-poverty, no work

Armistead · 07-28-13, 11:37 AM

How they do unemployment numbers is rather silly. Most agree the real number is somewhere between 16-18%.

You would think Obama, the socialist, would see the failure of his programs and spending. Government can't create jobs in a lasting fashion, they can only create an atmosphere for jobs. Seems Obama has done exactly what the GOP has done for years, create an atmosphere where only the elite can get richer, the rest of us poorer.

I am amazed how the cost of everything has increased, yet overall wages have decreased. Only CEO's can claim a 40% increase in wages over the last two years.

America was never prepared for the coming global economy. We passed numerous laws allowing outsourcing of US jobs right before the global economy hit....well planned out and paid for by corporations I expect.

The other scary thing, people living on welfare, food stamps, etc., probably have more income than min. wage jobs, so they don't go looking.
Hard to know the real truth, but many a great mind says we'll face an even worse economic crisis before 2020, one that the govt. won't be able to bail us all out.

Anyway, the only way jobs are coming back is when Americans work for the same pay as those in China or India, building is cheaper, regulations less, taxes lower. If we simply lower taxes, corporations will do as they have in the past when they got a tax holiday, use it to build more plants overseas.

We are falling so far behind overall regarding education, I don't see America leading the world much longer... In reality, as a world power, we had a short run.

07-28-13, 11:37 AM	#6
Armistead Rear Admiral Join Date: Dec 2008 Location: on the Dan Posts: 10,880 Downloads: 364 Uploads: 0	How they do unemployment numbers is rather silly. Most agree the real number is somewhere between 16-18%. You would think Obama, the socialist, would see the failure of his programs and spending. Government can't create jobs in a lasting fashion, they can only create an atmosphere for jobs. Seems Obama has done exactly what the GOP has done for years, create an atmosphere where only the elite can get richer, the rest of us poorer. I am amazed how the cost of everything has increased, yet overall wages have decreased. Only CEO's can claim a 40% increase in wages over the last two years. America was never prepared for the coming global economy. We passed numerous laws allowing outsourcing of US jobs right before the global economy hit....well planned out and paid for by corporations I expect. The other scary thing, people living on welfare, food stamps, etc., probably have more income than min. wage jobs, so they don't go looking. Hard to know the real truth, but many a great mind says we'll face an even worse economic crisis before 2020, one that the govt. won't be able to bail us all out. Anyway, the only way jobs are coming back is when Americans work for the same pay as those in China or India, building is cheaper, regulations less, taxes lower. If we simply lower taxes, corporations will do as they have in the past when they got a tax holiday, use it to build more plants overseas. We are falling so far behind overall regarding education, I don't see America leading the world much longer... In reality, as a world power, we had a short run. __________________ You see my dog don't like people laughing. He gets the crazy idea you're laughing at him. Now if you apologize like I know you're going to, I might convince him that you really didn't mean it.