Monday, October 28, 2013

OFFSHORING, RECORD PROFITS AND MORE HARD PROOF BIG BUSINESS IS RUINING THE AMERICAN DREAM

One of the main reasons life sucks hard for a majority of Americans right now, the reason half of us are on some sort of government assistance, isn't because the lot of us are lazy, but because we are poor and getting poorer. The number one culprit for this mess are large corporations hell bent on paying their employees nothing, as both the music and literary world have become. I've been a published author since my teens and let me tell you, writing for a living has become a pauper's existence. The music business pays so little that everyone I know left to find better jobs in the radio industry and we all know how stable that media is, but they still pay better. Business wants us to work for free just for the fun of it. That's called slavery and some of you out there are championing for it.

Everyone who hates unions and votes against them is voting to destroy their way of living. As unions have dropped into single digits, we now work for overlords who can fire people for whatever reason, which has to be the dumbest power to give to companies and one that would have never been allowed in any union negotiations. The more power we give to these companies, the less we are going to get back.

The disinformation has gotten so bad that I keep hearing how the raising of the minimum wage would kill puppies and grandma. I've seen the work done by these clowns and their math would make a second grader blush. There is simply zero proof that raising the minimum wage is bad and tons that doing the opposite would be fine. The fact that people keep parroting this failed info shows how devious the right can be when giving out their form of facts or news.

This is from Prison Planet:

1. According to the most recent numbers from the U.S. Census Bureau, 49.2 percent of all Americans are receiving benefits from at least one government program.

2. The U.S. government has spent an astounding 3.7 trillion dollars on welfare programs over the past five years.

3. An increasing number of employers are encouraging their low wage employees to supplement their wages by going on government welfare programs.  For example, McDonald’s workers that need help making ends meet are being instructed to go on food stamps
McDonald’s workers who are unable to pay their bills or stay above the poverty line should find help from food pantries or enlist in government benefit programs instead of seeking higher wages, according to a company resource line meant to help employees.
Nancy Salgado has worked for the fast-food corporation for over 10 years yet still earns $8.25 an hour, barely more than the $7.25 federal minimum wage. With help from the worker’s rights group Low Pay Is Not Ok, she phoned the company’s employee hotline, known as McResource, attempting to find some answers on how to improve her situation.
A recording of the call was made available to CNN, which reported that Salgado asked the helpline operator multiple questions regarding how McDonalds would help her pay her heating bill, buy groceries, and whether she could afford to help pay for her sister’s medical treatment.
Despite never asking how much money Salgado earned per hour or asking how many hours a week she worked, the McDonalds representative said she “definitely should be able to qualify for both food stamps and heating assistance.”
4. Total consumer credit has risen by a whopping 22 percent over the past three years.

5. Student loans are up by an astounding 61 percent over the past three years.

6. According to the U.S. Census Bureau, median household income in the United States has fallen for five years in a row.

7. Right now the middle class is taking home a smaller share of the overall income pie than has ever been recorded before.

8. Ordinary Americans are being priced out of the housing market.  Today,nearly half of all home purchases are all-cash deals.

9. The homeownership rate in the United States is now at the lowest level it has been in nearly 18 years.

10. The gap between the rich and the poor in the United States is at an all-time record high.

11. U.S. families that have a head of household that is under the age of 30 have a poverty rate of 37 percent.

12. Every single day, thousands of Americans are receiving letters in the mail informing them that their old health insurance policies have been canceled.  According to a recent Kaiser Health News article, some companies have already sent out hundreds of thousands of cancellation notices…
Florida Blue, for example, is terminating about 300,000 policies, about 80 percent of its individual policies in the state. Kaiser Permanente in California has sent notices to 160,000 people – about half of its individual business in the state.  Insurer Highmark in Pittsburgh is dropping about 20 percent of its individual market customers, while Independence Blue Cross, the major insurer in Philadelphia, is dropping about 45 percent.
13. Those that are losing their current health insurance policies will have to replace them with new policies that are often much more expensive.  According to health policy expert Bob Laszewski, 16 million people could ultimately have their health insurance policies canceled because of Obamacare…
The U.S. individual health insurance market currently totals about 19 million people. Because the Obama administration’s regulations on grandfathering existing plans were so stringent about 85% of those, 16 million, are not grandfathered and must comply with Obamacare at their next renewal. The rules are very complex. For example, if you had an individual plan in March of 2010 when the law was passed and you only increased the deductible from $1,000 to $1,500 in the years since, your plan has lost its grandfather status and it will no longer be available to you when it would have renewed in 2014.
These 16 million people are now receiving letters from their carriers saying they are losing their current coverage and must re-enroll in order to avoid a break in coverage and comply with the new health law’s benefit mandates––the vast majority by January 1. Most of these will be seeing some pretty big rate increases.
14. Back in 1999, 64.1 percent of all Americans were covered by employment-based health insurance.  Today, only 54.9 percent of all Americans are covered by employment-based health insurance.

15. More Americans than ever find themselves forced to turn to the government for help with health care.  At this point, 82.4 million Americans live in a home where at least one person is enrolled in the Medicaid program.

16. The U.S. labor force participation rate is at a 35 year low.

17. Only 47 percent of all adults in America have a full-time job at this point.

18. It is hard to believe, but in America today one out of every ten jobs is now filled by a temp agency.

19. Approximately one out of every four part-time workers in America is living below the poverty line.

20. After accounting for inflation, right now 40 percent of all U.S. workers are making less than what a full-time minimum wage worker made back in 1968.

21. Today, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

22. At this point, almost half of all public school students in America come from low income homes.

23. The number of Americans on food stamps has grown from 17 million in the year 2000 to more than 47 million today.

24. Right now, one out of every five households in the United States is on food stamps.

25. An increasing number of Americans do not even believe that they have a pleasant retirement to look forward to.  One recent survey found that the percentage of middle class Americans that “plan to work until they die” is now higher than ever.


These are not good signs at all. If we don't get real change and soon, the American dream is going to end for us all. As long as the Tea Party keeps pulling the strings of the GOP we are all in real trouble.

1 comment:

  1. Offshoring simply means having the outsourced business functions done in another country.

    ReplyDelete