U.S. Standard of Living Has Fallen More Than 50%

Duplicate post.

Originally posted by Leftist

Originally posted by seenavv

Originally posted by purplemer
reply to post by Leftist

 

Maybe the US is getting poorer because other parts of the world are becoming richer. That might not be a bad thing either...

I would say both worlds are actually getting poorer... if theres anything wrong with the world right now its the heavily skewed distribution of wealth, of which the masses get a bones worth out of a full plate

Bingo. This is is it, pay attention everyone.

The hype of the BRICs nations is smoke and mirrors for 99%.

Things won't get better until a stake is driven through the heart of the corrupt capitalist system and people learn to deal with the environment well and control their birthrates. None of these things seem to be even remotely close to happening.

Threads like this are what keep me coming back to ATS. The entertainment value is sheer comedic gold! There is no lack of amusement in one group of wannabe kleptocrats decrying that some other group of kleptocrats got the jump on them and are "stealing their stuff" instead of the other way 'round - which "other way 'round" is, by the wannabe's reckoning, "the right and proper way, the way it should be."

It really comes as no surprise that one greed-ridden bunch is displeased with, resentful and jealous of, the other greed-ridden bunches, and especially the ones who are more efficient at it than they are.

Y'all keep chasing those pennies, and let me know how much of it you manage to take beyond the grave with you! ROLMFAO!

One other thing:

Originally posted by Leftist

 

... a chance to move up from sleeping on a mud floor to sleeping on a factory cot for everyone else.

I've slept on both (well, really the factory cot was more in the line of a worn out sofa in a break room), and can tell you that is NOT a move up. If given that choice, keep the "mud floor" and do what I did - tighten your roof up... it makes the mud go away!

Originally posted by purplemer
reply to post by Leftist

 

Maybe the US is getting poorer because other parts of the world are becoming richer. That might not be a bad thing either...

I've always thought it was intentional - - to even up the worlds economics - - as part of the precursor to a Global Government.

If I was in charge of going to a Global Government - - its the first thing I would do.

Originally posted by purplemer
reply to post by Leftist

 

Maybe the US is getting poorer because other parts of the world are becoming richer. That might not be a bad thing either...

China is growing rapidly.


You see "Made in China" on almost anything nowadays.

China is growing, part 1.
China is growing, part 2.

Some text's from the above links:

Most of the arguments that I hear regarding why China will not pass the U.S. economically relate to their aging population. After examining the current age distribution and the projected distribution between now and 2050, there is very little difference between the U.S. and China on a percentage basis. It is clear that young populations lead to more vitality, growth, and invention. As the chart below details, 20.1% of the Chinese population is under the age of 15. In the U.S., 21.4% of the population is under the age of 15. Now here is where the rubber meets the road. Because China’s total population is 1.3 billion, 20.1% under 15 years old equals 267 million people. Their youth almost equals the United States’ entire population. The U.S. only has 60 million people under the age of 15.

and..

The piece of the pie that is missed by many is the rapid education of China’s youth. In 1978 there were virtually no Chinese students enrolled in Post-graduate programs or studying abroad. Today, there are close to 1 million Chinese students in Post-graduate programs and in excess of 100,000 students studying abroad. One third of all the graduate students in U.S. Science and Engineering programs are not U.S. citizens. With 267 million children under the age of 15 combined with rapid urbanization and desire for advanced education, China is an economic juggernaut. There will be no denying them the economic crown by the middle of this century. It is inevitable.

Originally posted by AwakeinNM
Can you see a correlation between the decline and a certain date on the chart below? Anyone?

I'll give you a hint: Richard Nixon.

I'll give you another hint: Gold Standard.

Coincidence? I think not.

edit on 17-4-2012 by AwakeinNM because: (no reason given)

Thank you! That's what I was going to post. As soon as we went to a straight fiat currency we suddenly had a "gas shortage" and everything went downhill from there.

My mind is drawn back to the British comedy "Are You Being Served?" It was funny and enjoyable, but you could read between the lines of the show and see a certain sadness and despair. You could see that they recognized that their way of life was being deconstructed, and they were on the path to a bleak future. All the booms and bubbles will not alter the fact that we are on our way to Greek style austerity measures as the government absorbs more and more of what we produce, while giving back less and less.

reply to post by Leftist


That's what you get if a few families hoard all the world's money and assets and have more capital then the entire world combined (and growing)

It's not just the USA.

Originally posted by VictorVonDoom
All the booms and bubbles will not alter the fact that we are on our way to Greek style austerity measures as the government absorbs more and more of what we produce, while giving back less and less.

Exactly.

They will take whatever you can produce, so why waste your time producing excess at all?

We are on a crash course for austerity - which in my mind is not a bad thing - but should the governments not lead the charge into austerity if the people must go there?

Starve 'em down to size.

reply to post by Germanicus


That sure is a lot of doom and gloom coming from you.

Bottom line is this.......All you people who want to bash America and put her down, remember this. We will always be #1, and we will never, never stop being great!

Me and my family have 2 successful stores we run. Yea it's a little slow right now, but it's getting better everyday.

Stop bashing on the greatest country on this planet, and in this galaxy and start realizing how great America truly is! We have our flaws, our own problems; however, I wouldn't live anywhere else.

We are Americans, and we stand United always!

The dow closed nearly 200 points up today btw...................................

You know, with
300 000 000 people in this country
200 000 being hired in February
20 000 000 + unemployed (at least 20% unemployment, 134 mil working)
That's about 1 hire per month for every 1 500 people in your city.
With

That's also about 100 people looking for work for every 1 500 people in your city. Not to mention about .5 or .75 people entering the work force from school etc. /getting laid off for every 1 500 people in your city each month. Not to mention March had about 120 000 hires instead of 200 000 in february, so it looks like unemployment probably went up in March.

That's because the cost of living has gone up.
1$ a pound increase for meat within a week.
1$ increase fir a 3,5# bag of cat food.
And of course the increase in price of gas by almost 2$ a gallon.

reply to post by Leftist


I missed this thread. I just made a thread on why I think this is happening. Even though I framed it around the MSM lying to cover the reality of the cause of the failing economy.

www.abovetopsecret.com...

People need to realise what is really causing this is not the political system, but the economic system that effects the world. We now do have a global economy, you are now competing not only with other workers from your country for 'jobs', but workers in other countries. Who's standard of living is far bellow ours, and work for far cheaper.

Capitalism only cares about making profit, not meeting the needs of the people.

I see much reading is needed here for everyone to understand where we are in context to the interconnectedness of everything. Pretty much the peak has passed, there will no longer be cheap oil and oil makes the world go round. Oil is the only reason so many billions of people even exist. It's now harder, and cost as much if not more energy to get it and refine it. The government knows this, they have panels of people that look at these things. They are prepping the best way they know how, with the military. They are losing control and struggle to keep it.



The End of History


Clash of Civilizations

MIT Study Predicts That World Economy Collapses by 2030

Money supply increases, money value decreases.

Pay doesn't rise, and cost does.

This is going to make some people have a lower standard of living, for sure.

My standards of living have been pretty constant through out. But then again, I really don't have much. But I have maintained a steady average of being poor, so you don't notice it as much. I recommend everyone should try it (sarcasm).

Just like the old saying goes: "started out with nothing and still got most of it left!"

I find it funny that in the 50s and 60s one man could support his family with food a house and a car, yet today with both parents working, a lot of people still struggle.

Originally posted by Mr_skepticc
reply to post by Germanicus

 

That sure is a lot of doom and gloom coming from you.

Bottom line is this.......All you people who want to bash America and put her down, remember this. We will always be #1, and we will never, never stop being great!

Me and my family have 2 successful stores we run. Yea it's a little slow right now, but it's getting better everyday.

Stop bashing on the greatest country on this planet, and in this galaxy and start realizing how great America truly is! We have our flaws, our own problems; however, I wouldn't live anywhere else.

We are Americans, and we stand United always!

The dow closed nearly 200 points up today btw...................................

edit on 17-4-2012 by Mr_skepticc because: (no reason given)

Fact: for countries to consume more other countries have to consume less. It is a enivetable truth that eventually those countries that consume less will increase their consumption rate forcing the standred of living in wealthier countries to fall.

reply to post by Leftist


It's going to get a lot worse if Obama wins again.

What that chart in the article is showing is that the more regulation and the larger the government and it's influence on our lives, the lower our standard of living goes. Thanks for demonstrating that as we become more Progressive, the worse off we are.

reply to post by TheRedneck


I don't know how much one could learn about true communism by looking at what the Russians had going. If you think that it is laughable to say that we live in a capitalistic society, then surely you must see that what was going on in the USSR was not textbook communism.

reply to post by theroostercrowsatnite

Correct.

So far as I know, textbook communism has never managed to exist for any length of time outside a family environment. Considering how often it has been tried, one might wonder if it can exist in textbook fashion on a national level.

TheRedneck