Guest Post: How The U.S. Will Become A 3rd World Country (Part 1)

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Submitted by Ron Hera of Hera Research

How The U.S. Will Become A 3rd World Country (Part 1)

The United States is increasingly similar to a 3rd world county in several ways and is accelerating towards 3rd world status. Economic data indicate a harsh reality that obviates mainstream political debate. The evidence suggests that, without fundamental reforms, the U.S. will become a post industrial neo-3rd-world country by 2032.

Fundamental characteristics that define a 3rd world country include high unemployment, lack of economic opportunity, low wages, widespread poverty, extreme concentration of wealth, unsustainable government debt, control of the government by international banks and multinational corporations, weak rule of law and counterproductive government policies. All of these characteristics are evident in the U.S. today.

Other factors include poor public health, nutrition and education, as well as lack of infrastructure. Public health and nutrition in the U.S., while below European standards, stand well above those of 3rd world countries. American public education now ranks behind poorer countries, like Estonia, but remains superior to that of 3rd world countries. While crumbling infrastructure can be seen in cities across America, the vast infrastructure of the United States cannot be compared to a 3rd world country. However, all of these factors will rapidly deteriorate in a declining economy.

Unemployment and Lack of Economic Opportunity

Unemployment, which is a deep, structural problem in the U.S., is a fundamental challenge to economic opportunity. The U.S. labor market is in a long-term downward trend linked to globalization, i.e., offshoring of manufacturing, outsourcing of jobs and deindustrialization.

The U.S. workforce has declined by approximately 6.5% since its year 2000 peak to roughly 58.2% of working age adults and the U.S. now suffers chronic unemployment of 9.1%. Although the workforce grew in the 1980s and 1990s, as dual income families became the norm, the size of the workforce is shrinking due to a lack of economic opportunity.

Officially, long-term unemployment is 16.5% and the ranks of the long-term unemployed (those jobless for 27 weeks and over) include 5.9 million, 42.4% of those unemployed. However, prior to the Clinton administration, unemployment measures included workers who are now no longer counted as part of the workforce. Using the more accurate pre-Clinton criteria, unemployment exceeds 22%, only 3% below the worst point (24.9%) of the Great Depression. For countries with populations greater than 2 million, Macedonia leads the world with 33.8% unemployment, followed by Armenia at 28.6%, Algeria at 27.3% and the West Bank and the Gaza Strip both at 25.7%.

Compounding the unemployment problem is the fact that an entire generation of young Americans is being left behind in terms of economic opportunity. Student loans exceed $1 trillion while the labor force participation rate for those aged 16 to 29 who are working or looking for work fell to 48.8% in 2011, the lowest level ever recorded. Lack of economic opportunity among the youth, including millions of unemployed college graduates, is a political wildcard reminiscent of countries like Tunisia.

The structural decline of the U.S. labor market will continue as American workers are merged into a global labor pool in which they cannot yet directly compete for jobs with workers in countries like China and India. In China, for example, gross pay, in terms of purchasing power parity, is equivalent to approximately $514 per month, 57% below the U.S. poverty line. According to the Economic Policy Institute, the U.S. trade deficit with China alone caused a loss of 2.8 million U.S. jobs since 2001.

Falling Real Wages and Household Incomes

Workers earning more dollars are actually poorer in terms of purchasing power when the cost of living rises faster than wages,. In fact, if household income is adjusted for inflation, most American families have grown significantly poorer over the past ten years. In 2010, for example, real median household income fell 2.3%. Although the average wage has risen steadily in nominal terms, dwindling purchasing power is a reality for most Americans. When adjusted for inflation, the wages of most Americans have not kept up with the Consumer Price Index (CPI).

According to famed economist Milton Friedman, “inflation is always and everywhere a monetary phenomenon.” In other words, prices rise when the money supply is increased faster than population or sustainable economic activity. Apparent economic growth created through credit expansion, i.e., by increasing the money supply, has a temporary stimulative effect but also causes prices to rise. True Money Supply is an accurate measure of inflation.

Although CPI is sufficient to illustrate declining real wages, CPI does not measure the cost of living in a realistic way. According to economist John Williams of Shadow Government Statistics, CPI systematically understates inflation.

The decline in real household income has set Americans back to 1996 levels, despite many households now having two incomes rather than one. Dual income families accounted for much of the increase in real median household income during the 1980s and 1990s, but, today, two incomes are barely better than one income was three decades ago. The decline in real wages was obfuscated in the 1980s and 1990s by growth in the workforce, e.g., by women entering the workforce. Real median household income rose while real wages declined because more households had two incomes.

As U.S. wages and household income continue to fall in real terms, both poverty and reliance on government assistance programs will continue to rise.

Growing Poverty

According to the U.S. Census Bureau, the poverty rate in the United States rose to 15.7% in 2011, with 47.8 million Americans living in poverty (1 in 6). The official poverty line, determined by the U.S. Department of Health and Human Services, is $22,314 for a family of four. The number of families living in poverty has risen sharply since 2006 and continues to climb.

The U.S. Department of Agriculture’s Supplemental Nutrition Assistance Program (SNAP), commonly known as “food stamps,” serves 45.8 million households as of May 2011. The program now feeds 1 in 8 Americans and nearly 1 in 4 children. 

Based on the outlook for employment and wages, both poverty and reliance on government assistance programs will continue to grow. However, the negative trends in employment, wages and poverty have not affected all Americans equally. In fact, the household income and wealth ofthe wealthiest Americans has increased sharply, despite the overall deterioration of the U.S. economy.

Increasing Concentration of Wealth

Alan Greenspan, former Chairman of the Federal Reserve, warned that, “Ultimately, we are interested in the question of relative standards of living and … trends in the distribution of wealth, which, more fundamentally than earnings or income, represents a measure of the ability of households to consume.” In other words, concentration of wealth undermines the consumer base of the economy, causing GDP to decline and resulting in unemployment, which reduces living standards. Obviously, the total wealth of society is reduced when wealth is highly concentrated because there is a lower overall level of economic activity. Economic data from several sources, including the Congressional Budget Office (CBO), show that wealth and income in the United States have become increasingly concentrated with the wealthiest 1% of Americans owning 38.2% of stock market assets, e.g., shares of businesses.

For the wealthiest 1% of Americans, household income tripled between 1979 and 2007 and has continued to increase while household wealth in the United States has fallen by $7.7 trillion. The Gini Coefficient illustrates the growing disparity in income distribution.

In terms of the Gini Coefficient, the United States is now at parity with China and will soon overtake Mexico, a still developing country. It should be noted, of course, that the U.S. remains a far wealthier country overall. If the current trend continues, however, the U.S. will resemble a 3rd world country, in terms of the disparity in income distribution, in approximately two decades, i.e., by 2032.

Welcome to the 3rd World

The United States is quickly becoming a post industrial neo-3rd-world country. Partly as a consequence of worsening unemployment and lack of economic opportunity, falling real wages and household incomes, growing poverty and increasing concentration of wealth, the U.S. government faces a historic fiscal crisis. Dominant corporate influence over the U.S. government, particularly by large banks, weakening rule of law at the federal level and destructive tax policies are compounding the economic problems facing the United States. Barring fundamental reforms or a hyperinflationary collapse of the U.S. dollar (due to the fiscal problems of the U.S. government), the deterioration of the U.S. economy will continue and accelerate. As the U.S. economy continues its decline, public health, nutrition and education, as well as the country’s infrastructure, will visibly deteriorate and the 3rd world status of the United States will become apparent.

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Thu, 12/01/2011 - 01:19 | 1934043 dlmaniac
dlmaniac's picture

Skip the charts and just ask yourself this: How could uncle Sam NOT spend self into a third world nation when he fails to make ends meet for how many years already?

 

Thu, 12/01/2011 - 01:50 | 1934102 JLee2027
JLee2027's picture

Socialism always destroys.

We will quickly return to unleashed capitalism once the Currency is backed by Gold/Silver and Debts are forgiven.

Thu, 12/01/2011 - 01:53 | 1934108 longonSpam
longonSpam's picture

Inverse Weimar.. that'll be interesting especially with nukes.

Thu, 12/01/2011 - 06:15 | 1934294 Leraconteur
Leraconteur's picture

The Soviet Union broke up and the rest of the world made sure that their 6,000 nukes didn't go missing, so expect the rest of the world to step up and make sure USA nukes are kept secure, once the USA goes tango-uniform.

Thu, 12/01/2011 - 08:07 | 1934482 Mr. Mandelbrot
Mr. Mandelbrot's picture

Whatever . . .

 

 

Declassified Russian sources[which?] indicate that the smallest Soviet miniaturized nuclear weapon was also small in dimensions, and its size was compared to a "small refrigerator."[citation needed] Following the breakup of the Soviet Union, these were the type of devices[original research?] that Soviet General Alexander Lebed claimed had been issued to the GRU and then subsequently lost. Lebed, who worked with Russian President Boris Yeltsin, presented to the U.S. Congress the idea that suitcase bombs had been created by the Soviets and that 132 KGB-produced devices could not be accounted for.

http://en.wikipedia.org/wiki/Suitcase_nuke

 


Thu, 12/01/2011 - 09:16 | 1934665 trav7777
trav7777's picture

again, the US's demographics numbers are being distorted by undesirable minorities.  If you subtract them out, the stats put us at the top of the 1st world.

3rd world nations aren't 3rd world because of all of these symptoms, they are because of the people who live there.  You cannot just build a bunch of roads and redistribute a bunch of money and presto, be Norway.  Unless you have people with attributes on par with an average Norweigian, you won't have anything like Norway.

Thu, 12/01/2011 - 09:22 | 1934693 chumbawamba
chumbawamba's picture

You basically need to shut your nigger trap already.  That  schtick is old.  Nigger is as nigger does.

-Chumblez.

Thu, 12/01/2011 - 09:43 | 1934761 Are you kidding
Are you kidding's picture

Screw you...let the man talk...it's refreshing to hear other opinions that are BANNED in "public".  They're just words...why be afraid of them?

We ALL know the truth...why don't we admit it?

Thu, 12/01/2011 - 10:08 | 1934844 Ahmeexnal
Ahmeexnal's picture

HOPE AND CHANGE!

Thu, 12/01/2011 - 10:14 | 1934861 Ghordius
Ghordius's picture

ah, something positive from you! thanks!

you are not sick or something...? 8-/

Fri, 12/02/2011 - 22:47 | 1940793 El Oregonian
El Oregonian's picture

COPE With DERANGED!

Thu, 12/01/2011 - 13:27 | 1935623 knowless
knowless's picture

it's just that trav has been a proponent of eugenics on this board for what is most likely years at this point, so telling him to shut the fuck up won't change anything anyway, he'll just keep at it.

 

when public disorder finally reaches the US there will be death squads roaming the cities, each with their own agenda, that's why words can scare people.

Sun, 12/04/2011 - 09:14 | 1943651 Are you kidding
Are you kidding's picture

There are death squads already roaming the inner cities...gangs.

Thu, 12/01/2011 - 10:56 | 1934996 falun bong
falun bong's picture

are you Chumbawamba?

 

Thu, 12/01/2011 - 09:38 | 1934734 LFMayor
LFMayor's picture

Now you're going to get junked all over, speaking against the PC mantras like that. (I love it!)  You can't just drop empirical evidence, facts, and math onto the general population like that Travis, it makes them feel... bad.  And we can't have anyone feeling bad, in this era where we don't even keep score at kids sports events anymore.

Let it crash.  Then all the PC crutch users will go to the fires and the stewpots after all the anti-Darwinian safeties are removed.  The situation will begin the long march back. 

Did anyone think about a simple thing like food in the writing of this article?  If the US goes tits up in the water, exactly who in the hell is going to feed all the surplus populations around the world?

Thu, 12/01/2011 - 10:07 | 1934839 Max Fischer
Max Fischer's picture

 

 

<BOOT STOMP, ARM STRETCHED>

WHITE POWER!!

Thu, 12/01/2011 - 10:17 | 1934871 LFMayor
LFMayor's picture

Max, you gonna hunt me down all over the interwebs now, no matter what rock I creep beneath?   I'm not the last blasphemer of your dear Ivory Towers.

you're falling into the same old cliche...  if you lose the argument, then deride the opponent as a (shudder) Nazi.

You will recall from your in depth university studies in history that the Nazis made the socialist intellectuals some of the first plank owners of the death camps.  They got sent in to fell the trees, set the fence posts and string the wires.

or didn't they teach you that in your Womyn's studies curriculae?

Thu, 12/01/2011 - 10:24 | 1934895 Max Fischer
Max Fischer's picture

 

 

It's difficult to fathom all the miserable pigs that walk this land. 

Max Fischer, Civis Mundi

Thu, 12/01/2011 - 10:38 | 1934949 Are you kidding
Are you kidding's picture

Black ones, brown ones...yup, there ARE a lot of them!

Thu, 12/01/2011 - 10:45 | 1934971 Max Fischer
Max Fischer's picture

 

 

WOW!  This place is INFILTRATED with PIGS!  

All the worms crawl out of the dirt when the cross gets lit.

Max Fischer, Civis Mundi

Thu, 12/01/2011 - 11:13 | 1935063 vato poco
vato poco's picture

Then *LEAVE*, you pussy. Your increasingly-more-strident attempts to squelch unauthorized speech/thoughts are growing tiresome. Besides, you're running out of options in your tired little playbook. You've already squealed "nazi"; you just whined "KKK"; your sorry little attempts at long-distance psychoanalysis failed miserably - you're running out of snowballs to throw like a girl, bitch.

Thu, 12/01/2011 - 12:39 | 1935430 Cathartes Aura
Cathartes Aura's picture

you've made a strong, well-reasoned argument. . . only three insults based in misogyny - no homo bro!!

(you think you're rad, but you're a tiny tool in the big toolbox boy)

Thu, 12/01/2011 - 10:17 | 1934872 Thunder_Downunder
Thunder_Downunder's picture

haha!

Nice imagery!

 

Zig Hail!

Thu, 12/01/2011 - 09:40 | 1934736 i-dog
i-dog's picture

If you removed the swarthy minorities from the US (not just from the statistics) then you'd have zero production-line manufacturing and no small crop harvesting - plus the military and police would be full of unionised Haaavaaad graduates pulling in 6-figure salaries. Great economy!

Thu, 12/01/2011 - 09:40 | 1934748 LFMayor
LFMayor's picture

dumbass, you'd be picking lima beans after two days of a good hungry and be glad for it.   When the wages rise to where you can actually make a living on them, then you'll have all the applicants you need.  Right now, those beans are getting picked sub minimum wage because your taxes and my taxes are subsidizing those migrant pickers basic necessites, like medical, food and housing.

Sat, 12/03/2011 - 01:49 | 1941083 tmosley
tmosley's picture

And when the wages on food, and thus the price of food rises, what do you think happens to the standard of living?

Oh yeah, didn't think that one through.  Just like Travvy boy up there.

Thu, 12/01/2011 - 10:45 | 1934969 Are you kidding
Are you kidding's picture

Sure we would...KIDS could pick the crops like they did years ago.  Hire high school kids to do it.  But NO...our kids won't do it, too spoiled by mommy and daddy who spoil them because they're guilty that they have to work all the time to pay for mommy and daddies expensive toys.

Thu, 12/01/2011 - 09:58 | 1934809 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

A sad realization I have come to as well.  Whenever debates of socialism, the laffer curve and twatnot come up, the homegeneity and racial makeup of the population seem to be the best indicator of success.

Makese sense if you consider socialism to be an extreme form of insurance, the dangers of which are moral hazard.  Who are you more likely to cheat?  A bunch of people just like yourself or a system of "others"? 

Thu, 12/01/2011 - 12:48 | 1935466 Cathartes Aura
Cathartes Aura's picture

I understand your premise, but I wonder. . . "a bunch of people just like" myself, meaning "white"?  because the white brotherhood here are NOTHING like myself, nor do I desire to know or be around them - I think there are sub-groups of like-minded people that don't depend on superficial appearance, "race" assignment, etc. - I like to think it's a VALUES judgment, combined with a dose of self-respect & anger management.

Divide & Rule, dudes.

http://en.wikipedia.org/wiki/Divide_and_rule

Fri, 12/02/2011 - 01:17 | 1937496 Mr. Mandelbrot
Mr. Mandelbrot's picture

What the hell does this have to do with my comment?

Sat, 12/03/2011 - 01:46 | 1941082 tmosley
tmosley's picture

Cut out the "undesirables" from the other nations to, you fucking idiot.

Did you even go to college?  You certainly never took a fucking stats class.  You're just some dumbshit that scored high on an internet IQ test who thinks that entitles him to ignore any facet of reality that clashes with any thought that pops into his little head.

Sat, 12/03/2011 - 09:59 | 1941393 Random_Robert
Random_Robert's picture

All of you junking Travis need a little introspection.

You fear his words for what they represent to YOU, not for what they represent in TRUTH.

Trav is right- Norway is successful because they SHARE their productivity with each other, and they share because no one external to them ever COMPELLED them to share against their will. In other words, they are a socially well adjusted people.

The message Trav spouts loses it's punch when the stigma of skin color gets thrown into the mix (his bad, because millions of people of color have proven themselves to be worthwhile and self-valuable members of the human community, and an equal number of white people sit in trailer parks smoking meth and demonstrating no more self worth than the average inner city black criminal - this fact negates the premise that skin color has anything to do with self worth).

but aside from that, facts are facts...

If the elitist mentality could actually develop a creative way to LEARN what makes Norway Norway, and to bring that synergy and apply it into areas of alternative skin color and demonstrate some degree of success, then Trav's white-pride argument would fall flat on its face, right?

So why don't all of you "diversity champions" out there go throw your energy at that endeavor, instead of junking Trav for making the valid, truthful, and irrefutable statement that Norway is NOT a diverse nation demographically, and that Norwegian style social success has failed every time it has been tried in racially integrated societies...?

Inconvenient truths are truths, nonetheless.

Invest your energy in creating the new truth that racial and social harmony ARE INDEED possible without oppressive legislation, because it is clear that the forced legislation of a contrived morality is doing nothing more than igniting people's more basic, tribal instincts, and if that sentiment is taken to the extreme in the US, then unfortunately, people of color will end up at the bottom of the totem pole once again, suffereing a major setback from all the progress this country was achieving before the Pelosi/Clinton/Boxer/Obama/Reid idiocracy came along and began diseasing our collective perceptions toward each other.

Quite fearing the words and the labels, and get to work on what it would take to prove the point that you want to prove,

otherwise, you're part of the problem... and you can fuck the hell off.

 

 

 

Sat, 12/03/2011 - 20:45 | 1942746 thorgodofthunder
thorgodofthunder's picture

Norway is Norway because of this:

http://en.wikipedia.org/wiki/The_Government_Pension_Fund_of_Norway

 

This Trav character is a disgusting, ignorant racist and deserves to be banned from this site in my wealthy, elitist, minority, opinion.

Sun, 12/04/2011 - 11:33 | 1944012 Random_Robert
Random_Robert's picture

So what's your point?

Norway's economy produces more than it consumes, and the excess generates savings that are returned to the people... Yeah, that really sounds like a marginal economic model. Maybe Norway needs to get with the program and generate a couple hundred times its GDP worth of trade deficits and sovereign debt, like all the ret of the genius countries in the western world...?

oh, and Trav deserves to be banned from ZH because he knows, understands, and chooses to exercise his first amendment rights...? This statement makes you part of the problem... please refer to my recommendation above for people who are part of the problem.

Sun, 12/04/2011 - 13:56 | 1944430 thorgodofthunder
thorgodofthunder's picture

My point is Norway is lucky to have immense natural resources that it can export and generate wealth from.

I could care less that you think speaking out against racism is a problem.  Hopefully your poison tongue will as well be cut off for inciting hatred.

Mon, 12/05/2011 - 11:29 | 1946868 Random_Robert
Random_Robert's picture

Yeah, well, the exportation of raw materials as a wealth generator is (and always will be) a long term failure.

If you re-read my posts (correctly) you will see that no where do I espouse racism. I only yield to REALITY. I never said speaking out against racism is a problem- my problem was with you deciding that someone should be CENSORED based on their point of view. Given that fact, I could declare you a Nazi- but I won't.

And as for inciting hatred... the only people I feel disdain for are those who fail to trust the power of their own perceptions, and choose to willfully embrace cognitive dissonance as a normal component of the human condition. 

Hate is a fucked up emotion. Voluntary preference for other people based on arbitrary bullshit like the color of their skin or the shape of their eyes is even MORE fucked up.  

But wanting to censor someone or deny them of their viewpoint is the most fucked up of all- hateful people should be allowed to expose their venom so that exposure to it will inspire people to choose not to be like that. 

Reality sucks really bad; but it doesn't have to suck at all. Unfortunately people would rather live in a shitty predicament, waiting for Superman, rather than realizing that THEY are the only Superman that really gives a shit about them.

Fuck everyone else; including the racists- take care of those you love: including yourself.

 

 

 

Thu, 12/01/2011 - 17:27 | 1936548 dizzyfingers
dizzyfingers's picture

"the rest of the world made sure that their 6,000 nukes didn't go missing"

Data please?

Thu, 12/01/2011 - 03:03 | 1934184 Sudden Debt
Sudden Debt's picture

It's not the socialisme problem. It's the lack of.

If you look to the 50's the workforce participation was a lot lower. In every family 1 could stay home and take care of the kids. the man made enough money for the entire family.

Wages don't rise enough. WE NEED TO WORK WITH MAN AND WIFE TO GET THROUGH!

And yet we automized so many jobs...

We need to rethink the 8 hour working days.

We need to rethink the 5 day workweek.

We can produce a heck of a lot more than we need. So why do we need so many workforces? So many workinghours?

Cut the workweek with 1/5 and keep the wages, and you'll lower unemployment with 10%.

Why do we need to increase productivity while our technology grows every year, our workforces becomes to great...?

 

Thu, 12/01/2011 - 03:14 | 1934192 Transformer
Transformer's picture

JLee

You might want to look up the word Fascism.  Then, if you get interested, read about socialsm, communism, capitalism, democracy, etc.  Then you'll be able to comment with sounding stupid.

Thu, 12/01/2011 - 10:19 | 1934866 Ahmeexnal
Ahmeexnal's picture

Sudden debt:

Back in the 50s a family had ONE car, ONE TV set, ONE phone.
These items lasted years in the family (some weren't replaced until they stopped functioning, and even then repair shops were quite usual and employed skilled technicians).
Now, a typical sheeple family has to work more because they have to pay for ONE car PER PERSON, ONE TV set WITH CABLE TV PER PERSON, ONE cellphone PER PERSON, ONE computer PER PERSON. And they buy the whole cycle as soon as new models comes out. Add game consoles, iGadgets, drug habit, medical costs, shrink, etc...

The tech automation upward spiral means a human downward spiral.

Thu, 12/01/2011 - 11:23 | 1935116 vato poco
vato poco's picture

Yep. I've read that a standard-issue house in the 50's was 1000-1200 sq. ft. (Have read that was pretty much the available range in Levittown.) For a family of 4-8. Nowdays most childless couples would classify anything less than 2000 sq ft as tiny. I'm not so sure about 'tech automation upwards = human downwards spiral', but I *am* sure that a luxury once sampled becomes a necessity. And they don't give that shit away for free.

Thu, 12/01/2011 - 17:30 | 1936558 dizzyfingers
dizzyfingers's picture

Not exactly. It's the bowing to expectations that everyone's going to have everything all the time that's killing us.

Fri, 12/02/2011 - 01:48 | 1937541 vato poco
vato poco's picture

That's Life In The Fast Lane, baby.

Sat, 12/03/2011 - 19:57 | 1942679 Syrin
Syrin's picture

AND, if a family has only one car, one TV, one DVR and one cell phone, they are considered poor, join an occucrap movement and demand that the 49% who actually contributr to society pay more.

Thu, 12/01/2011 - 03:57 | 1934220 economics1996
economics1996's picture

In the 50s the federal, state, and local GDP consumption was 26%, today 45%.  Opps there it is!

Thu, 12/01/2011 - 07:44 | 1934437 pan-the-ist
pan-the-ist's picture

Sudden debt hit the nail on the head.  There simply aren't enough useful things to do to provide work for everyone, that's why we have a consumption enonemy - we consume useless shit.  Lowering costs to maximise profits have succeeded in (locally) ruining the consumer base, and the world economy is finding a new equalibrium.  Once it is cheaper to automate all production, the race to the bottom in wages, first moving jobs to the uneducated south, then out of the country - paying a human to do anything will be cost prohibitive (this will likley never happen, as we see in "Reality" there are other factors at work that will cause destabilization in other structures (war, for example.)

Thu, 12/01/2011 - 09:48 | 1934778 Are you kidding
Are you kidding's picture

Things are fucked up because we have an entire class of people who sit home and collect taxpayer money...while at the same time...we import illegals to do the work the others SHOULD be doing!  A quarter of the population lives for free on our dime.  A quarter of the population is useless.

Thu, 12/01/2011 - 10:04 | 1934826 LFMayor
LFMayor's picture

yes, that!

Thu, 12/01/2011 - 12:54 | 1935492 Cathartes Aura
Cathartes Aura's picture

"A quarter of the population is useless"

almost verbatim, you left off "eaters". . .

Thu, 12/01/2011 - 10:25 | 1934897 SteveNYC
SteveNYC's picture

You want to see millions of people doing mostly useless activities? Welcome to New York City!

Thu, 12/01/2011 - 13:24 | 1935614 XitSam
XitSam's picture

You mean Occupy Wall Street?

Sat, 12/03/2011 - 01:50 | 1941085 tmosley
tmosley's picture

In 1900, it was under 5%.

Blammo.

Thu, 12/01/2011 - 05:22 | 1934267 Hobbleknee
Hobbleknee's picture

The problem is that the government has devalued the currency so much that it takes two incomes to have the same standard of living in the 50s.

Thu, 12/01/2011 - 07:46 | 1934439 pan-the-ist
pan-the-ist's picture

The problem is your wife competing in the market for a job made real wages decrease.

Thu, 12/01/2011 - 09:44 | 1934764 LFMayor
LFMayor's picture

hey, those bra burners got what they asked for, didn't they?  Fucked the whole thing up for all of us in the process.  Glass ceiling my ass, they, the bob haircut wannabe men and the metrosexual, limp wrists who are basically agreeable lesbians with penises couldn't lead a thirsty duck to water. 

haven to be found in PM's and ammo boys.  We have to play a little road warrior before it gets straightened out again.

Thu, 12/01/2011 - 10:04 | 1934831 Spastica Rex
Spastica Rex's picture

And corporate got what it wanted: two workers instead of one required for the same living standard.

Thu, 12/01/2011 - 12:58 | 1935514 Cathartes Aura
Cathartes Aura's picture

you might want to wean yourself off the Rush-tit before that EMP drops your bandwidth & you lose your "chance" to be the next "angry white man shooter" at the mall. . .

 

Thu, 12/01/2011 - 17:39 | 1936603 dizzyfingers
dizzyfingers's picture

LFMayor: It's thoughts like yours, and comments such as this one, that frighten gun-haters witless and set back the rights to own firearms. Take you fury to a therapist; you need help.

Thu, 12/01/2011 - 09:51 | 1934788 Are you kidding
Are you kidding's picture

Bullshit...the wife is working to pay for all the icrap, the too big of a house, all the "stuff" in it, 2 HUGE vehicles, boats, jet skiis, bikes, etc.  All bought on credit.  And she's COMPETING with the men that should be working instead f her.  Women in the workplace...for the most part, and in most jobs...are worthless.

Thu, 12/01/2011 - 10:08 | 1934842 Spastica Rex
Spastica Rex's picture

Aside from the misogyny, you are right. I've heard so many times from public school teachers how they are working hard just to survive. Of course survival for them means a second income to support the "middle class" American lifestyle you've described above. Survival my ass.

Thu, 12/01/2011 - 17:36 | 1936588 dizzyfingers
dizzyfingers's picture

Excuse this if it annoys anyone, but I watch House Hunters, and many of the folks buying second homes overseas (France, etc.) are teachers. Our kids can't read, can't write, can't think; teachers work 9 months a year and don't pay for their benefits or pensions... What's wrongwith this picture?

Thu, 12/01/2011 - 17:58 | 1936647 Spastica Rex
Spastica Rex's picture

My wife is a Catholic school teacher, works 60 hours a week, goes to school in the summer, and we pay $795/month out of pocket for insurance - she make $38K/year gross. I am unemployed - can't find ANY full time job. We don't take any govt assistance, even though we qualify. We have significant savings but eat into it every month.

Just sayin'

Thu, 12/01/2011 - 11:40 | 1935183 Max Fischer
Max Fischer's picture

 

 

Typical right-wing, racist, misogynistc, bigoted  PIG.  You guys all fit in the same mental box. 

 

 

Sat, 12/03/2011 - 20:00 | 1942681 Syrin
Syrin's picture

So much hypocrisy packed into one tiny post.   Well done Sorobot.

Thu, 12/01/2011 - 13:02 | 1935535 Cathartes Aura
Cathartes Aura's picture

bet you've got a hella set of tats dude, right up the neck, eh?

gotta love your argument tho - "women in the workplace" and bitching about the useless unemployed in other posts - tell me, just exactly where you allow the single female the right to support herself, and not live off "your" state benefits?  where do the females who are self-supporting individuals fit into your NARROW MIND?

childish, insane.

Sat, 12/03/2011 - 01:53 | 1941089 tmosley
tmosley's picture

Yes, yes, continue fighting amongs yourselves.  Don't blame those truely at fault, it makes it easier for us to continue to steal from you.  Let me rub my hands together as I gril evily.

Signed,

The Oligarchy

Thu, 12/01/2011 - 17:34 | 1936580 dizzyfingers
dizzyfingers's picture

The expected standard of living today, even of people on welfare, is so far above what the "norm" was in the 50s that most people who weren't alive or even "thought of" then can't imagine the situation as it was.

Thu, 12/01/2011 - 06:19 | 1934302 Leraconteur
Leraconteur's picture

Wages don't rise enough. WE NEED TO WORK WITH MAN AND WIFE TO GET THROUGH!

Women's Lib/Feminism doubled the labor supply beginning in 1969 or so.

Once wives began to work, the bosses said:

"Why should I pay you so much, which was based upon you supporting a wife and kids?"

Wages then stagnated for over 40 years.

If you double the labor supply, wages drop and the price of everyday goods needed to get to work (auto, clothes, food, housing) go up in price.

Thu, 12/01/2011 - 07:18 | 1934385 flattrader
flattrader's picture

>>>Once wives began to work, the bosses said:

"Why should I pay you so much, which was based upon you supporting a wife and kids?"

Wages then stagnated for over 40 years.<<<

BWAHAHA !!!

 

So, it's women's fault?  Greedy bosses?

Currency debasement, inflation, globalization had nothing to do with this?

You are a simpleton.

Thu, 12/01/2011 - 07:29 | 1934407 Thunder_Downunder
Thunder_Downunder's picture

Hahahaha!

 

It was the greedy communist wives of migrant bosses clearly. Lol!

Thu, 12/01/2011 - 07:47 | 1934444 pan-the-ist
pan-the-ist's picture

See comment above, he was close but no cigar.  The boss didn't have to make that decision, he simply lowered his target wage and found a taker.

Thu, 12/01/2011 - 20:32 | 1936940 Bicycle Repairman
Bicycle Repairman's picture

Don't over-think it.  Blue collar jobs disappeared.  Women doubled the supply for the jobs that remained.  This pushed down wages.  Even a simpleton can understand this.

Thu, 12/01/2011 - 09:20 | 1934683 mccoyspace
mccoyspace's picture

While the fight for female equality had been going on for a long time ( suffragists are just one example), women entered the work force en mass for the first time because of world war 2. The men were fighting and someone had to build all those armaments. The 50s house wife fantasy was social engineering to try to get women to give up those economic gains so men could get work once they were home. That roll back didn't last much of a decade. ultimately there was no turning back once women had an experience with economic self-sufficiency.

Thu, 12/01/2011 - 09:57 | 1934806 Are you kidding
Are you kidding's picture

REALLY?  Woman and economic "self sufficiency" is a myth.  I'd bet that less than 10% make it TRULY on their own...without government aid or ass fucking their ex out of everything he had.  Face it, they plop out a kid and we're stuck supporting them for life.  Quite the racket they have going.  Better to rent them than to buy!  It's a motto we SHOULD be teaching ALL our boys...

Thu, 12/01/2011 - 10:04 | 1934829 flattrader
flattrader's picture

>>>without government aid or ass fucking their ex out of everything he had.<<<

Sounds like you got what you deserved.

Thu, 12/01/2011 - 10:10 | 1934849 Are you kidding
Are you kidding's picture

Really?  So I guess if you had money in MFglobal I should be laughing that you got what you deserved?  You're correct of course...I should have know women were useless lying bitches before I married one!  Just like you should have known not to have an account there.

Thu, 12/01/2011 - 10:24 | 1934894 flattrader
flattrader's picture

Don't date much these days, do you?

Or, perhaps just a lot of "first" dates.

Thu, 12/01/2011 - 10:53 | 1934988 Are you kidding
Are you kidding's picture

You know...as I age, I find myself with less and less patience with women.  They rarely have anything truly interesting to say.  They're a hassle...  Like I said...I prefer rentals.  How else for an old man to have a quick romp with a 20 y/o?  Women my age are beat...worn out...and full of drama.

Thu, 12/01/2011 - 15:30 | 1936117 JLee2027
JLee2027's picture

Entitled and spoiled women used to living off others aren't much fun. I've had the same experience. Rentals are very dangerous though.

The good news is Women will be leaving the workforce in droves over the next 10-15 years and returning to more traditional roles. That is my analysis because let's face it - the current system does not work - the jobs are no longer there. But all we are seeing is symptom of a debased currency. Once sound money is back, manufacturing jobs will come back to the US, capitalism will again flourish and women will be back in the home and not so spoiled and entitled anymore. I see a second Golden Age for America coming with a very limited government. Happy Days will be here again!

Thu, 12/01/2011 - 17:46 | 1936619 dizzyfingers
dizzyfingers's picture

The same problems occur over and over again because the younger people coming along weren't alive or weren't old enough when the event was happening before to understand its evolution and its devolution. It never ends. If we could live 150 years we'd same the same repeats in 100 years that we're seeing now except we don't recognize them as repeats. There's plenty of evidence.

Thu, 12/01/2011 - 20:16 | 1936906 Cathartes Aura
Cathartes Aura's picture

ahh, JLee, your religious fantasies of having a subordinate under your thumb won't be happening any time soon - cats out of the bag now, most women would band together with others of a like mind in community rather than return to the dark ages of being owned just to live.

young women now are sharing living expenses, child-minding, home-schooling, etc. - it's a smart way to maintain some independence and still have "family" around for support - they don't ALL want to trade their lives & bodies to exist, so last century!

Thu, 12/01/2011 - 20:42 | 1936963 nmewn
nmewn's picture

Now I'm really confused...how did we all get here again? ;-)

Thu, 12/01/2011 - 22:19 | 1937183 Cathartes Aura
Cathartes Aura's picture

don't know about you, but I created an account about 2 years ago, and just log in.

 

if you're talking procreation, that still happens, it's the socially engineered 50's housewife thing that most smart females see through - once allowed into universities, they've actually thrived, and some know how to have the children they desire without jumping through all the church or civil sanctions - I know many who are good friends with the fathers of their children, but don't live with him full time, and it suits ALL parties just fine, including the kids who get calm, supportive parenting.

but most of the haters here are bitter that the Father Knows Best television show they were sold didn't pan out.  oh, and the jobs they used to get handed to them with 8th grade qualifications are gone now too, so yeah, we all got lied to.

/shrug.

Thu, 12/01/2011 - 20:46 | 1936974 JLee2027
JLee2027's picture

Go right ahead. Time will prove me correct and you wrong.

Sat, 12/03/2011 - 18:52 | 1942566 kekekekekekeke
kekekekekekeke's picture

these neckbearded mouthbreathers are pathetic 

Thu, 12/01/2011 - 10:10 | 1934850 Hohum
Hohum's picture

We should teach our boys to use birth control.

Thu, 12/01/2011 - 10:19 | 1934877 Are you kidding
Are you kidding's picture

It doesn't fucking matter!  DNA tests don't always take away child support!  She points the finger and he's screwed...in too many ways.

Thu, 12/01/2011 - 15:38 | 1936144 JLee2027
JLee2027's picture

When the kid is 13 or so, open your doors and take him/her in. No need to pay after that...if they insist anyway, agree to pay only for a college fund/private school and not to the Mother/State.    Remember, this money is for the child, not for THEM.  Stick to your guns, and ask God for help. He will help you, because the Child Support system is immoral.  

 

Sat, 12/03/2011 - 08:13 | 1941271 BigJim
BigJim's picture

In an ideal world, the non-present parent should be compelled (assuming they aren't voluntarily contributing) to help meet the costs of raising their children... but our present legal system seems to think this means the man (and, what, 95% of the time it is the man) should also pay for the children's mother's mortgage, clothes, holidays, etc, etc...

Thu, 12/01/2011 - 17:48 | 1936623 dizzyfingers
dizzyfingers's picture

They should be taught to keep it in their pants. And girls should be taught to wear jeans, run fast, and carry a weapon.

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