To show again how things truly are in America today, I want to present the following article that comes from the website: The Economic Collapse, at www.theeconomiccollapseblog.com, entitled: "The U.S. Economy: Soul Crusing Total System Failure". I do have my own comments to follow:
The U.S. Economy: Soul Crushing Total System Failure
According to Fleischer, Sally grosses $59,000 a year, which shrinks to less than $44,000 after taxes and other payroll deductions. The $15,311 deducted from Sally’s gross pay is comprised of New Jersey state income tax: $1,893; Social Security taxes: $3,661; state unemployment insurance: $126; disability insurance: $149; Medicare insurance: $856; federal withholding tax: $6,250; and her share of medical and dental insurance: $2,376. Roughly 25.9 percent of Sally’s income is siphoned off by Washington and Trenton before she receives her paychecks.
But then there are the additional costs of employing Sally. In addition to her gross salary, her employer must pay the lion’s share of her healthcare insurance premiums: $9,561; life and other insurance premiums: $153; federal unemployment insurance: $56; disability insurance: $149; worker’s comp insurance: $300; New Jersey state unemployment insurance: $505; Medicare insurance: $856; and the employer’s share of Social Security taxes: $3,661.
Over and above her gross salary, Bogen Communications must pay an additional $15,241 in benefits and state and federal taxes, bringing the total cost of employing Sally to approximately $74,241 per year. Sally gets to keep $43,689, or just 58.8% of that total.
It’s sad what’s happening here in this country. So many lucky ones defend it. In America it’s not exactly about hard work anymore, it’s about who you know always. The ability to keep people stupid as well as in debt was established here well by corporations also. You cannot start a solid hiring business like you could years ago.
I know many of folks who don’t break a sweat and earn more money than I ever will in a week. The system is getting crazy only creating two extremes. I fought for this country right after 9/11 as a young naive person. Using my grandfather’s old stories to see the dream that this country was always suppose to have.
The company I still unfortunately work for (cause other places are worse), 4 years ago they froze our salaries. No raises yet, this is when the company was bought by an investment group for 500 million.
Now we are getting sold to Japan for 1 billion. A 500 million dollar profit. Sorry if I may be ignorant in this way of business. But it seems the only one who benefited from this is that group of investors. 400+ well skilled jobs lost, no raises or rewards, a whole lot more work and contract obligations to meet, and less contact with management when problems surface.
I just think the United States of America is becoming the world’s poker table.
I want out of this country so bad. I don’t even know what happen to people here. The younger generation scares me how dumb they are and everyone seems so easily bought with eyecandy.
A glass elevator carries him to the third floor, where the front-desk girl, who knows it's her job to be cheerful, told him the job fair is supposed to be.
A pasty kid, maybe thirty, in a too-big shirt and a cheap tie, greets him and tells him the companies are set up in rooms along the hall and that he should definitely visit all of them. Annechino, forty-four years old, wearing his best suit and shined black shoes, walks to the first exhibitor: Devcon, a home-security company. The door is closed, no one inside. Annechino looks around for an explanation. "Oh, I just got an e-mail from my contact there saying they wouldn't be able to make it today," the pasty kid says, fingering his BlackBerry.
A couple of other potential employers who were supposed to be here didn't make it, either — Konica Minolta, Santa Clara University. "Yeah ..." the kid says. Annechino moves to the next room. State Farm. They're looking for people who can put up fifty grand to start their own insurance agency. The Art Institute is next, mostly looking for people who might want to go to art school. New York Life. The U. S. Army, where men wearing fatigues and combat boots offer brochures.
"Every retailer wants to think 'Everything I sell is worth it! Shoppers will love it', but the hard reality is 52% Americans feel they barely have enough to afford the basics," said Candace Corlett, president of WSL/Strategic Retail.
Donald Allen Citron, 48, faces 18 charges, including burglary and theft. He’s accused of stealing toilet parts from several locations, including Southwest Plaza Mall, University of Denver, and Craig Hospital.
Most of the crimes happened in just a few minutes, but police Citron is a plumber and all he needed was a wrench and a screw driver to steal pipes and the plumbing in toilets. The items he’s accused of stealing are valued at around $6,400.
I’m almost homeless. Through no fault of my own I’d like to point out. I don’t drink, smoke, or do drugs. I don’t even eat fast food unless I have too.
Four years ago I had a house, car, family, stuff, an IRA, and really everything that people in this country aspire to. I had a great job that I enjoyed so did my boyfriend. Even our relationship was great.
We didn’t get hit by the economy right away. We were in Katrina damaged parts of the country and there was still a lot of construction going on and the economic boom that comes with it.
Then I got laid off. Doesn’t seem to matter that I go to interview after interview. I use indeed, monster, craigslist, and newspapers to search for jobs even outside my area.
Now my boyfriend has passed away suddenly, and his family got everything. I personally have only a living father left, who hasn’t the room but I’m camping in his yard. All my friends say they don’t have the room either. Which makes me wonder just how much of friends they are. Considering if the situation was reversed I have in the past and would open my home to anyone that needed help.
If something happens to him I really don’t know what I’m going to do. I need to get on my feet and I know that jobs are hard to come by. I’m sick of the people who have jobs saying ‘get a job you lazy bum’. I’m hardly lazy and I’m trying desperately to be employed; not being homeless would be rather awesome in my opinion. I’m not picky, regardless of my degree I’ll pick up trash or clean toilets. McDonald’s, Taco Bell and the other fast food places don’t even bother with a call back. And when I call to inquire about my application it’s always the same, ‘we will call you when we make a decision’.
Such a cop-out.
So no. In my (granted meaningless opinion) the economy is not getting better. To even suggest that when unemployment is so high or the rate of food stamps. Is utter ludicrous at best. I notice that those talking heads on the cable news and radio never seem to mention that the homeless shelters have a higher occupancy level than ever before. Nor would they mention the fact that we have those shelters in abundance now across the country in comparison to the Great Depression.
I’m getting real tired of hearing how great the economy is doing. When obviously it’s not.
All you have to do is open your eyes and see. Business are not coming back yet and foreclosed homes sit empty everywhere. The unemployment rate only counts the people who are getting unemployment benefits. So the people who fall off the unemployment benefits don’t get counted. Because the must have gotten a job, right? Hardly. In fact the homeless in this country are almost never counted correctly. It’s too hard to count them all, or at least that’s the excuse.
I know it’s meaningless, especially to those who see homeless and immediately have a bias, but that’s my opinion on the current state of our economy. You can count me in the 80%. Only a fool would see this as a recovery.
NTS Notes: There are many critics who say that I and others should not be putting up articles about such doom and gloom. I say to them that if they have any articles that paint a better factual picture of the American economic situation today, be my guest to give me links in the comment section...
I have already placed in previous articles my own ideas of solutions to fixing the American economy. I want to put a small list of those right here:
(1) End the criminal Jewish run Federal Reserve private banking system in America immediately. That scam that first started in 1913 has run a reported debt of some 15 trillion dollars on the American public, and must be put out of its misery once and for all.
(2) Cancel the American debt immediately. That debt is owed to the same criminal banking Jewish elite that put their evil Federal Reserve system into place. Canceling the debt and refusing to pay these criminals their ill-gotten gains is a must.
(3) Put into law that all US currency is only to be printed by the US government, and absolutely interest and debt free. I can guarantee that if the American public has the guts to force their criminal government to have this law in place, there will be an economic boom in the US within a few years like nothing they have ever seen before.
(4) End the criminal Federal Income Tax immediately. The collection of Income Taxes in America is actually voluntary, and there is no law, or Amendment to the US Constitution, that enforces Income Tax collection. The present Income Tax collection by the IRS is a swindle, and the more people are aware of this fact the better. Ending their illegal collection of Income Taxes would inject much needed funds to the American public and would also help to put the American economy back on its feet.
(5) Pass laws that end the criminal corporation Off-shoring of jobs immediately. Americans should demand and have laws that force corporations to stay in America for the American people. Their insane off-shoring of jobs for greed and profit must end immediately.
(6) Reduce the size of government. There are too many government workers and too many fat cats at the trough...Enough said..
(7) End US "aid" to the criminal state of Israel immediately. For years, many people have been hoodwinked and lied to by the US Government claiming that it only "gives" Israel some 3 billion dollars annually in military and economic aid, but the facts came out recently that the real figure is around 112 BILLION DOLLARS annually! This kind of sick payoff for criminals must end immediately!
(8) Inject money that is recovered by ending both the debt, the Federal Reserve, and the Income Tax swindles in to fixing American infrastructure. That is one sure fire method of putting Americans back to work... Fixing the crumbling state of American cities, and transportation systems!
These are only a few ideas that I have promoted for years for putting America back on its feet. Considering what a mess the US economy is today, just putting a few of these ideas into play would help tremendously in making the once great United States of America great again.
More to come