AP analysis: 4 out of 5 U.S. adults struggling with unemployment; near poverty; etc.
An Associated Press analysis offers depressing news: In a stark indicator of fleeting economic security and an ephemeral American dream, survey data indicate four out of five U.S. adults have confronted joblessness, near poverty, or reliance on welfare for at least a part of their lives.
Once again, blame a globalized economy, the disappearance of decent manufacturing jobs, and a continuing widening gap between rich and poor.
Economic reversals seem to be rising fastest among white people (which might explain the passions and volatility in our current politics). Pessimism among Caucasians about their families' economic futures has reached a peak not seen since at least 1987.
And by a new economic gauge to be published next year by the Oxford University Press, some 76% of white adults feel economically vulnerable by the age of 60. Across racial groups, 79% of adults feel economically insecure.
All this might explain why even struggling minorities feel more optimistic about the future during the Obama years than do struggling whites.
The epicenter for white poverty has historically been Appalachia and the South, but lower-income Caucasians can be found in cities, suburbia, and rural communities, from the Midwest to the Plains.
Here's the clincher: Based on the current trend, by 2030, nearly 85% of all U.S. working-age adults will confront periods of economic insecurity.
Here's a link to the full Associated Press story...
Oh! At last, someone in America woke up.. . Well, I'm glad the AP is FINALLY doing its job. This is not new. This exact scenario was trotted out in 2001 as the Bush Tax Cuts were being debated. "Look" the Democrats said, "We have a stable economy with the national debt hitting 0 in 7 years. Why do you want to mess around with that?"
Republicans said... Tax Cut. Tax Cut.. Get your tax cuts here." And America began its swirl down the toilet.
The Democrats said, "If you cut taxes now, in 15 years the rich will have all the money, and the middle-class will become poor. A society can't be all about making a profit. There has to be continuous reinvestment back into the economy, otherwise sooner or later, the supporting structure runs out-of-juice, gets tired of holding everything up, and it all crashes down...."
The Republicans said. "Tax Cut! Tax Cut! Get your tax cuts here."
Well, we are at the 12-year mark of that 15, and guess who was right?
Seriously, despite the truth, there is a mis-slant in the reporting of those figures. Notice the accent on whites, where it says "hardship is "growing" among whites"? Well that is because blacks, for the most part, are already ubiquitously experiencing hardship. It is hard to "grow" past 99.9%... But thrust of the article is true; this is a new experience for most whites. And it is not how their years were suppose to end for them!
Blaming the global economy is a cop-out. Norway competes against the exact same global economy. Finland competes against the exact same global economy. In fact (tongue-in-cheek) there are a lot of other countries in the world that compete in the global economy; yet they have the security that America likewise had a full generation ago.
No! It is about choices. Choices. We made choices (Republican Party of the United States of America) that brought us to this point. We were actually headed in the other direction. Believe it or not, there was a global economy back then too. In fact, there was a global economy in the 20's, 30's, 50's, 60's, 70's, 80's, and 90's... Go figure.
No, choices we made are what brought this nation to its knees. Believing that if you give the rich people all your money, they will give it all back to you and more, is what killed the future for America. The way to grow America is to take money from the rich people. Not give it to them.
History bears this out. It does not bear out the opposite.
It all lies at the feet of the Republican Party of the United States of America.
Let us see Republicans scramble to try to dodge the blame. (They can't: Watch them attack the messenger) Earl Grey and Mr. Pizza. You are on...
Mon, Jul 29, 2013 1:37pm
"Here's the clincher: Based on the current trend, by 2030, nearly 85% of all U.S. working-age adults will confront periods of economic insecurity."
We need to reverse the current trend and get rid of the longtime Progessive Democrats and Republicans... both are more focused on personal wealth and power rather than the citizens of this country.
0bama has had five years to "fix" the economy but he keeps losing focus...he is now on his 19th attempt to focus on our depressing economic condition. What quickie-fix will we see next? Cash-for-Clunkers was a failure...bailing out GM wasted billions of taxpayer's money. Solyndra, Fisker, and multiple taxpayer-funded boondoggles flopped. And small businesses and the Middle-class are being hammered out of existence by over-regulation and over-taxation.
We need some new strong Republicans to step up to the plate...look at states with low unemployment and strong economies, and strangely they are majority Republican govs.
Mon, Jul 29, 2013 2:00pm
EarlGrey. You don't even come close. Hope Mr. Pizza can do better.
Of course one must assume that like the rest of the entire country of the United States of America that you do read newspapers enough to understand the current trend is because of the Republican Party of the United States of America? Surely you read that nothing required to fix the country is getting past the Republican Party of the United States of America which unfortunately for the majority of America's citizens, still controls what or what doesn't get onto the floor of the House? Perhaps in your bubble, you possibly haven't heard they are going to use the debt crises ceiling and again threaten to default on America's debts already acquired,(remember the economic downslide the last one caused) to try to hit our economy with EVEN MORE CUTS because it is doing too well right now for them to even get close to being elected for the next couple of generations?
Or are you still sticking your nose in that Breitbart fantasy?
Ask Jim H. He commented he's making a lot less now because of the Republican policies.
Mon, Jul 29, 2013 2:23pm
Everyone who lost their job this past recession; it is because of Republican policies. Everyone who is in danger of losing their company pension; it is because of Republican policies. Everyone who has not gotten a raise in the past ten years; it is because of Republican policies. Every government worker or private sector worker who has been fired because of lost government contracts; it is because of Republican policies. Everyone who can't pay their bills now, but had no trouble back in 2000 having lots of money left over; its because of Republican policies. Everyone who just had the interest on their school loans double! It is because of Republican policies. That is something we sure look forward to having again if any Republican gets near the White House. In fact, Mitt Romney promised it. He said as a nation we will have hardships galore, except for the wealthy who will get richer than ever once I get total control..
Thinking back, Ronald Reagan once commended Tip O'Neil for saying, "the President has the administrative right to enforce his policies on the nation that elected him to do just that".
The Republicans in the House (the Senate Republicans have seen the light) take the opposite approach. Over our dead body. We gerrymandered ourselves into safe districts and we will not listen to what the majority of Americans want or think they want. Republicans say the voting majority is wrong. They say everyone is wrong but them. They say everyone is not only wrong, but if they don't think like stupid Republicans, then they are stupid, they are idiots, they deserve to die, they need to be exterminated. (well they haven't gone that far yet, but it is coming.. lol) Because they are totalitarians. Nothing more. They can't live in society with other people. They spit on true democracy. Every day their actions slander the Constitution. They seek to destroy every bit of good America has ever seen to make of itself, they rape the Middle Class while prostrating themselves before those with billions of extra money. If you don't have money; YOU DON'T MATTER! They are probably the worst examples of human beings we shall see in our lifetimes. Or do I exaggerate?
Blaming Obama simply proves my point. They are really bad for this country. For example: look at the piece above. Read it again, asking yourself, ok, so what would you do to make this country any better? Not since 2000 with the election of George W Bush for his first term, as any Republican ever offered a viable plan to make the economy better, except... give the rich even MORE money....
Republicans are like gnats. Even swatting them is pointless because unless they get into your eyes or ears, they are nothing; they don't matter. Just look at their dismal election totals in states where you can't "buy" an election.. lol. Jeff Craig: 29% :)
Mon, Jul 29, 2013 2:29pm
and... sorry for the third in a row, but pre-thinking through my next response to your two upcoming retorts to my two posts above.
"Well, Mr. Know It All, what has Obama done for the country" you two will pine.
Here is my answer:
Mon, Jul 29, 2013 3:36pm
kavips: Republicans and Democrats are both groups of humans (people)...to read your posts one gets the impression all Republicans are evil, all Democrats are good-hearted and 0bama is the Messiah. Should the "horrible" Tea Partiers be given "special stars" to wear on their clothing, post on their business windows and highlighted on their tax forms?
Both parties have screwed up our economy (as I have said repeatedly)..Bush is responsible for TARP and "too big to fail" but 0bama has done even more harm to our economy and our nation.
Just as Detroit was driven to bankruptcy by 50+ years of Progressive Democrat control making promises it couldn't keep...so too goes our nation unless the corrupt Republican/Democrat Progressives are finally voted out of office.
Mon, Jul 29, 2013 4:40pm
As if on cue to prove just how out-of-touch Republicans are in today's real world, Politico just announced the rumors were true, that Cumulus is not renewing either Hannity's or Limbaugh's contract next year. "Gosh, both of them are terrible" the Cumulus executive was quoted as saying...
LOL>.. can't say I told you so.. Back a loser, be prepared to lose!
Great response Earl. Perhaps it was overdone. Democrats are not all good-hearted, though betting on them to be so is more productive than betting on blackjack, which if you are good, is pretty productive. Obama is not the Messiah. There is only one, and we will meet him at the end of our long journey. And you may not be aware, but the Tea Party already wears special stars, white ones on a field of blue with a streamer each of red and white attached to the right side. Underneath it says, "don't mess with my'ex's".
But are all Republicans evil? Good one. In the House, when they vote along party lines even though it is not in the best interest of their constituents back home, I'd have to say yes. Those are all evil. At home, was John Seigler evil? Ask the boxed pigeons he shot up. Was Eric Bodenweiser evil? Ask his accuser. Is Charlie Copeland evil? Ask the kids who got autism because he supported using tainted vaccine two more years. Is Greg Lavelle evil? Undeniably. Is Ernie Lopez evil? No. Is Ramone evil? No. Does Cathy Clouthier shoot deadly red lasers from her glowing red eyes? No. Therefore because of three solitary Republicans, I guess I can't sign on to your stated statement, that "all" Republicans are evil. (However I and the rest of America would agree to sign on that "most" Republicans are pure evil, and firmly believe all of them share a genetic tracers to the underworld itself..)
Detroit was not driven to bankruptcy by Progressives. The Big Three had no Progressives in their board rooms, at least not since Henry Ford the First died. They are the ones who cause Detroit to die.
Detroit government on the other hand, is the problem of the Republican administration currently in power who said, "Go bankrupt; see if anyone cares." Just like Romney formerly telling Detroit to go bankrupt; saying "screw you" is the Republican way.
Which is why saying Republicans are needed to clean-up the Republican mess, is rather hilarious.... except of course to people who don't listen to Rush Limbaugh and even now, still watch Fox News.
Mon, Jul 29, 2013 9:45pm
All I can say is people need to start turning to God in droves because his security is the only security there is. Everything man has to offer is fleeting, but God is eternal to those who believe.
Mon, Jul 29, 2013 10:52pm
Pizza. Amen brother.
Mon, Jul 29, 2013 11:06pm
I'll second that amen!
Mike from Delaware
Wed, Jul 31, 2013 6:04pm
Finally something we all can agree on--- Amen, I agree too.
In regards to the rest of the thread above, both parties have done their share of bad stuff. Balance is more the issue. One side wants more government solutions; on some things this the correct response. But that side gets carried away and wants to do everything that way... out of balance.
The other side has just the opposite approach. It wants no government involvement; it wants "market forces" to determine what gets done. On some things that is the proper response, but not for everything. Balance. Unfortunately rather than try to meet in the middle & take the best from both systems, both sides dig in their heels & say it's "our way or the highway." So nothing gets done.
Market-driven for some things & government (socialized) for other things, in my opinion is the best way to proceed. The hard part is finding that middle ground. Neither side is evil, neither side is "godly" either.
Both party's have something good to offer , if both sides could only put their petty bickering aside & just once put the nation's needs ahead of their own.
Thu, Aug 1, 2013 12:44pm
Mike, that is a good analogy but is wrong on one perception. Democrats have compromised 98.65% of the time on critical pieces of legislation. Republicans have compromised 1.35 % of the time on the same.
If you want something done; you NEED Democrats.
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