Wednesday, October 9, 2013
Sunday, October 6, 2013
30 Statistics About Americans Under The Age Of 30 That Will Blow Your Mind
By Michael Synder
Progressive America Rising via EconomicCollapseBlog.com
Oct 3, 2013 - Why are young people in America so frustrated these days? You are about to find out. Most young adults started out having faith in the system. They worked hard, they got good grades, they stayed out of trouble and many of them went on to college. But when their educations where over, they discovered that the good jobs that they had been promised were not waiting for them at the end of the rainbow. Even in the midst of this so-called "economic recovery", the full-time employment rate for Americans under the age of 30 continues to fall. And incomes for that age group continue to fall as well. At the same time, young adults are dealing with record levels of student loan debt. As a result, more young Americans than ever are putting off getting married and having families, and more of them than ever are moving back in with their parents.
It can be absolutely soul crushing when you discover that the "bright future" that the system had been promising you for so many years turns out to be a lie. A lot of young people ultimately give up on the system and many of them end up just kind of drifting aimlessly through life. The following is an example from a recent Wall Street Journal article...
James Roy, 26, has spent the past six years paying off $14,000 in student loans for two years of college by skating from job to job. Now working as a supervisor for a coffee shop in the Chicago suburb of St. Charles, Ill., Mr. Roy describes his outlook as "kind of grim."
"It seems to me that if you went to college and took on student debt, there used to be greater assurance that you could pay it off with a good job," said the Colorado native, who majored in English before dropping out. "But now, for people living in this economy and in our age group, it's a rough deal."
Young adults as a group have been experiencing a tremendous amount of economic pain in recent years. The following are 30 statistics about Americans under the age of 30 that will blow your mind...
#1 The labor force participation rate for men in the 18 to 24 year old age bracket is at an all-time low.
#2 The ratio of what men in the 18 to 29 year old age bracket are earning compared to the general population is at an all-time low.
#3 Only about a third of all adults in their early 20s are working a full-time job.
Wednesday, October 2, 2013
Becoming Two Countries in 2014
By Tom Hayden
Progressive America Rising via TomHayden.com
Sept 25, 2013 - The logic of voter turnout data all but guarantees right-wing Republican congressional victories in 2014 and a sealing of the divide of America into two countries for the foreseeable future. White House operatives privately acknowledge that GOP gerrymandering plus low turnout make 2014 a war to keep the Senate Democratic and show gains while losing the House. There are eight battleground Senate seats where Mitt Romney won the popular vote in 2012 and incumbent Democrats are either retiring or vulnerable to defeat.
Even if Hillary Clinton manages to win in 2016, the battle for the House will favor the GOP since the current gerrymandered seats will remain intact until 2020, or even 2022. Assuming continued Democratic control of the White House and Senate in 2014, the opportunity to take back the Roberts Supreme Court may not occur until the next presidential term, as Justices Anthony Kennedy and Antonin Scalia are both 77.
President Barack Obama was not wrong when he promised a single "red, white and blue America" in 2008. That is what a majority of registered voters want, but he under-estimated the white sea of hate that would be generated from him among Republicans. His electoral advisors concentrated their brilliance on the national electoral map more than the states where Republicans took over in 2010.