Tuesday, November 19, 2013

Poverty in America for American Youth - OBAMA'S CRONY CAPITALISM at work - NO LEGAL NEED APPLY!


IN AMERICA THE BILLIONAIRES LIKE MARK ZUCKERBERG DEMAND BOATLOADS OF FOREIGNERS TO KEEP WAGES DEPRESSED.

BARACK OBAMA’S SO CALLED DEPT. of HOMELAND SECURITY HAS OUR BORDERS WIDE OPEN AND UNDEFENDED TO EASE MILLIONS OF MEXICANS INTO OUR JOBS TO KEEP WAGES DEPRESSED!

DURING OBAMA’S FIRST TERM 2/3s OF ALL JOBS WENT TO IMMIGRANTS, BOTH LEGAL AND ILLEGAL. FEDERAL WORKPLACE ENFORCEMENT of LAWS PROHIBITING THE EMPLOYMENT of ILLEGALS PLUMMETED 70% DURING HISPANDERING OBAMA’S FIRST TERM… and are expected to be nonexistent during his second.

Obama and Justice Sotomayor (A LA RAZA PARTY MEMBER) Vow to Illegals to SABOTAGE E-verify!

VIVA LA RAZA SUPREMACY?


EMPLOYERS SAY NO TO HIRING AMERICANS… THE COST OF OBAMACARE IS CHEAPER WHEN THEY HIRE MORE ILLEGALS USING STOLEN SOCIAL SECURITY NUMBERS!

more at this link – post on your Facebook and email broadcast


AMNESTY….LA RAZA IS PRINTING OUT FRAUD I.D.s BY THE MILLIONS.

"They hauled them down to the border," Sakuma said. "Three days later, they were standing in our office, but they had a different name and a different Social Security number."


OBAMA’S ASSAULT on AMERICA – THE OBAMA DEPRESSION AS HIS BANKSTERS GET RICHER BY THE DAY AND ILLEGALS GET OUR JOBS!


HE IS ONE OF THE MOST CORRUPT AND INCOMPETENT CON-JOBS TO OPERATE OUT OF THE WHITE HOUSE. WHILE HIS  CRIMINAL BANKSTER DONORS LOOTED, HE SABOTAGED OUR BORDERS TO EASE MORE ILLEGALS INTO OUR JOBS AND VOTING BOOTHS. THEN HE RETURNED TO HIS ASSAULT ON THE AMERICAN WORKER!

more at this link – post on your Facebook and email broadcast

Income inequality grows four times faster under Obama than Bush


The study noted that, in the aftermath of the Great Depression, the US undertook policies “during the New Deal [that] permanently reduced income concentration until the 1970s.” In contrast, the study noted a striking absence of any measures to reign in social inequality in the present crisis. Far from it, the Obama administrations’ bank bailouts, austerity program and wage-cutting policies have vastly expanded the prevalence of social inequality.

US Census: Mobility among young adults at 50-year low

By Bryan Dyne
19 November 2013

According to new 2013 figures from the US Census Bureau, the mobility for adults aged 25-29 is at a 50-year low. This is largely a result of the Great Recession of 2007-2009 and the ongoing economic slump.

Only 4.9 million, or just 23.3 percent, of this age group moved between March 2012 and March 2013, down from 24.6 percent a year before. This figure has had a steady downward trend since at least 1965, when this value peaked at 36.7 percent.

The decline in migration has largely been caused by a drop of local moves within a county, which is currently at its lowest level on record, according to the Associated Press . Census data also shows that only 3.4 percent of 25 to 29-year-olds moved out of state, a decline from the previous year’s 3.8 percent. It is still higher than the 2010 low of 3.2 percent.

Home ownership from 2007 to 2012 has also fallen in the 25-29 age bracket, from 40.6 percent to 34.3 percent. The decline across all age groups was from 68 percent to 65 percent.

These figures are indicators that more and more, the young adults who came of age when the financial crisis first set in have not recovered. According to the Bureau of Labor Statistics, in July 2009, the unemployment rate for persons aged 16-24 was 18.5 percent. Four years later, the “recovery” of the economy has not made the oldest members of this age group financially stable.

On the contrary, young adults who normally would have been getting ready to live on their own have been forced to stay with parents, other relatives or friends. Even among with bachelor’s degrees, half are either unemployed or underemployed. This has caused delays in pursuing careers, starting long-term relationships and having children. The birthrate in the US has somewhat reflected this. For all women of childbearing age, the rate of births was 63 per 1,000 women, statistically unchanged from the year before.

The lives of these young people are essentially on hold. Put another way, approximately one in five adults aged 25-34 are disconnected from society, neither working nor in school. They are simply trying to survive day by day.

Mark Mather, an associate vice president at the private Population Reference Bureau, told the Associated Press, “Young adulthood has grown much more complex and protracted, with a huge number struggling to reach financial independence. Many will get there, but at much later ages than we’ve seen in the past. More and more we’re seeing many young adults routinely wait until their 30s to leave the parental nest.”

William H. Frey, a demographer at the Brookings Institution, also spoke to AP, saying, “Many young adults, especially those without college degrees, are still stuck in place. For them, low mobility might be more than a temporary lull and could turn into the ‘new normal.”’

Indeed, this trend will most likely continue. According to a study by the Center for American Progress earlier this year, the unemployment rate for those aged 16-24 in the US stands at 16.2 percent. However, as the report points out, a decline in the youth unemployment rate does not mean more jobs have been found, but rather that young people have simply stopped looking for work because no jobs are available. Furthermore, the percentage of those young people who are not in the labor force (thus not counted in the unemployment figures) but who want a job is 11 percent. The percentage of those of all ages who are not counted as being in the labor force but want a job is 7.1 percent.

The decline in young adult migration also speaks to the crushing student loan debt felt by young people. The latest findings from the Consumer Financial Protection Bureau show that total student loan debt surpassed $1.2 trillion in May 2013, up from $1 trillion 15 months previous. Now, fully $1 trillion of student loan debt is either guaranteed or held by the federal government, while $200 billion is held by private borrowers.

This is a 20 percent increase in student loan debt, far higher than other lines of credit. In fact, credit card debt only increased from $843 billion to $857 billion, or by 2 percent. Student debt in the US is now only surpassed by home mortgages.

The increase of student loan debt has largely been a result of increasing tuition costs at public and private universities. Average fees for public universities for in-state residents is $8,400 for the 2013-2014 school year and $19,100 for out-of-state tuition. For private institutions, the average cost has soared to $30,500.

As a result, someone graduating with a bachelor’s degree has on average around $28,000 in student loan debt, with one in eight having more than $50,000 in debt. Nearly 7 million of these loans are in default. The two-year default rate was 10 percent in 2011, while the three-year default rate rose to 14.7 percent in 2010.

IN AMERICA, NO LEGAL NEED APPLY!

Report details massive wealth loss for youth in US

By Nick Barrickman
18 March 2013

A recent report from Washington DC-based Urban Institute (UI) shows that overall percentage of wealth in society for those in “Generation X and Y” (those in their 20s and 30s) has been consistently dropping and is currently at a level which may be unprecedented.


 

POVERTY in PENNSYLVANIA

 

One in four Pennsylvania workers earn poverty wages

OBAMAnomics:

 
"The politicians don’t care about the working and young people. We have billions in student loan debts, but they don’t help us, but they give billions to the wealthy." 

By Douglas Lyons
2 September 2013

One in four Pennsylvanian workers, and two out of three workers under 24, are paid poverty wages according to a recent report released by the Keystone Research Center.


IN MEX-OCCUPIED CA, 25% OF THE POPULATION LIVE BELOW THE POVERTY LEVEL AND MORE THAN HALF OF ALL JOBS GO TO ILLEGALS USING STOLEN SOCIAL SECURITY NUMBERS. YOUR STATE…???

POVERTY IN THE BURBS…you are next and an illegal is next in your job!

OBAMAnomics at work: SOARING RICHES FOR THE 1%, SOARING UNEMPLOYMENT FOR AMERICANS (LEGALS), SOARING PROFITS and CRIMES FOR OBAMA’S BANKSTER DONORS and SOARING TAXES TO PAY FOR MEXICO’S WELFARE STATE IN OUR BORDERS!

Much of the rise in suburban poverty is due to the impoverishment of working families already living there. The decline in manufacturing, the Great Recession, and widespread foreclosures have left many longtime suburban families reeling


Much of the rise in suburban poverty is due to the impoverishment of working families already living there. The decline in manufacturing, the Great Recession, and widespread foreclosures have left many longtime suburban families reeling.

AMERICA – THE BILLIONAIRES, WALL STREET and POLITICIAN LOOTED COUNTRY WHERE NO LEGAL NEED APPLY!

“Tech tycoons like Larry Ellison and Mark Zuckerberg have gotten rich while wages in the technology sector have stagnated.”
THE WAY OUR GOVERNMENT AVOID THE BELOW IS WITH OBAMA’S OPEN AND UNDEFENDED BORDERS TO PERMIT HORDES OF ILLEGALS TO JUMP OUR BORDERS AND JOBS… then the American middle class gets the tax bills for the staggering cost of Mexico’s looting.

There are ample resources to guarantee every worker and young person a job at decent pay, a high quality education, decent housing and nutrition, access to culture, and a secure retirement—the basic social rights which every person should enjoy.


The stock market bonanza

6 March 2013

Tuesday, four days after President Barack Obama signed the budget sequestration order unleashing brutal cuts in social programs, there was general jubilation in the media as the Dow Jones Industrial Average crashed through its previous high, dating from 2007.

Americans (Legals) have become a passive society while Mexico loots and occupies.

Here’s what the Democrat Party and Mexico have done to CA.

CALIFORNIA: MEXICO’S LOOTED WELFARE STATE


NO ONE KNOWS HOW TO ORCHESTRATE AN ASSAULT ON THE AMERICAN PEOPLE MORE THAN BARACK OBAMA and a  PACK OF HIS CRIMINAL BANKSTERS!

… now expanded to pillaging of AMERICAN STUDENTS

more at this link


 

 

 

No comments: