US economic depression worse than Great Depression, Rush Limbaugh Zero Hedge Citizen Wells warnings, Millenials and most Americans unaware, Economy propped up by national debt which has reached critical mass, More native born Americans not working
“In December 2014 there were 18 million immigrants (legal and illegal) living in the country who had arrived since January 2000. But job growth over this period was just 9.3 million — half of new immigration.”…Center for Immigration Studies February 2015
“U.S. food banks are expected to give away about 4 billion pounds of food this year, more than double the amount provided a decade ago, according to Feeding America, the nation’s primary food bank network. The group gave away 3.8 billion in 2013.
While reliance on food banks exploded when the economy tanked in 2008, groups said demand continues to rise year after year, leaving them scrambling to find more food.”…Associated Press August 13, 2015
“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells
We are in an economic depression worse than the Great Depression.
The Orwellian White House arm of Big Brother, mainstream media, has been bombarding you with the “good news” that the recession ended in 2009.
Does 2,812,000 fewer white Americans employed in 2009, the first year Obama was in office, sound like a recession end to you?
Does 267,000 fewer white Americans employed in 2015 so far sound like a booming economy?
Like the Great Depression we have record numbers not in the labor force.
We have record numbers receiving government assistance and food banks scrambling to feed the hungry.
Unlike the Great Depression, most Americans are unaware of the severity of our economic emergency.
There are 2 primary reasons.
Government spending that has created a national debt reaching critical mass, i.e. a level that cannot be lowered due to high interest service.
Of course the Orwellian media and White House press.
From Rush Limbaugh October 14, 2015.
“Millennials Are Coming of Age in a Depression — They Just Don’t Know It
RUSH: I mentioned to you last week that I had a story about how what we are living through right now is actually worse than the Great Depression and why nobody knows.”
“Jim Quinn, The Burning Platform blog. We find everything here, folks. “Why This Feels Like a Depression for Most People.” You read this, and you can figure out why the Millennials are weird or strange or feel that way, because they have come of age in a depression that nobody will call that. Now, none of this in this story is new to those of you who have been regularly listening to this program. But it is well thought out and presented here. I found at the Zero Hedge blog.
“Everyone has seen the pictures of the unemployed waiting in soup lines during the Great Depression.” Wait. Should we make that assumption? Do you think everybody has seen those pictures? You have, so you think everybody else has. Yeah, I’ve seen ’em. You know those old black-and-whites with men standing in soup lines with hardly any clothes, and it’s freezing cold. All these black and white still shots. Some film. You’ve seen it, right?
“Everyone has seen the pictures of … the Great Depression. When you try to tell a propaganda believing, willfully ignorant, mainstream media watching, math challenged consumer we are in the midst of a Greater Depression, they act as if you’ve lost your mind. They will immediately bluster about the 5.1% unemployment rate…” A depression? What are you talking about! See the unemployment rate? It’s 5.1%.
They’ll tell you about “record corporate profits, and stock market near all-time highs. The cognitive dissonance of these people is only exceeded by their inability to understand basic mathematical concepts” involved. “The reason you don’t see huge lines of people waiting in soup lines during this Greater Depression is” why? Let me just ask you, and let me give you a number. Do you know what the number…? At the peak of the Depression, at the height, do you know what the number of unemployed were?
Now, granted, the population of the country was less than it is today. There were 12.8 million Americans unemployed during the Great Depression. These were the men pictured in those soup lines. Today, there are 46 million Americans unemployed, and 94 million not working. Now, these 46 million people, these are the counted unemployed. This is the U-3 number. The counted unemployed represent 14% of the population. There are 23 million households on food stamps. There are 123 million households in America and 23 million of them are on food stamps. Therefore 19% of all households in America require food stamp assistance to survive.
In 1933, there were approximately 126 million Americans living in 30 million households. The government did not keep official unemployment records ’til 1940, but the Department of Labor estimated 12.8 million people were unemployed during the worst year of the Depression, or 24.9% of the labor force. We have the lowest labor force participation rate since 1977 in the country today. Sixty-two percent of the labor force is working; 38% not working. I’m gonna stop with the numbers ’cause numbers get confusing to keep track of when you’re hearing them and you don’t have them in front of you to look at. But why do you not see any soup lines?
What’s the difference between 1933 and today? Well, obviously, 1933, there were no food stamps. In 1933 there was no welfare. In 1933 there were no welfare debit cards. In 1933, if you were out of work, you didn’t eat. You had to stand in the soup line and depend on charity. In 2015, you can be among the 94 million not working and have a roof over your head, have a cell phone, a car, your home is probably air-conditioned, and you’re eating as much as you want.”
Why do I believe this depression is worse?
- Again, may Americans are unaware of how bad the economy is.
- We can’t keep spending to keep Americans and immigrants out of the work force.
- There are more people living in cities with few survival skills such as growing food.
- “We are being lied to on a scale unimaginable by George Orwell.”
- We are one crisis away from collapse. Example: rapid rise in oil prices.
- Obamacare will continue to destroy jobs, our health care system and business creation.
“But actually, he thought as he re-adjusted the Ministry of Plenty’s figures, it was not even forgery. It was merely the substitution of one piece of nonsense for another. Most of the material that you were dealing with had no connexion with anything in the real world, not even the kind of connexion that is contained in a direct lie. Statistics were just as much a fantasy in their original version as in their rectified version. A great deal of the time you were expected to make them up out of your head. For example, the Ministry of Plenty’s forecast had estimated the output of boots for the quarter at one-hundred-and-forty-five million pairs. The actual output was given as sixty-two millions. Winston, however, in rewriting the forecast, marked the figure down to fifty-seven millions, so as to allow for the usual claim that the quota had been overfulfilled. In any case, sixty-two millions was no nearer the truth than fifty-seven millions, or than one-hundred-and-forty-five millions. Very likely no boots had been produced at all. Likelier still, nobody knew how many had been produced, much less cared. All one knew was that every quarter astronomical numbers of boots were produced on paper, while perhaps half the population of Oceania went barefoot. And so it was with every class of recorded fact, great or small. Everything faded away into a shadow-world in which, finally, even the date of the year had become uncertain.”…George Orwell “1984″