Saturday, September 19, 2015

MILLIONS OF JOBS FOR ILLEGALS ALONG WITH BILLIONS IN WELFARE - US poverty rate and income growth stagnated in 2014

US poverty rate and income growth stagnated in 2014

OBAMA-CLINTONomics:
 “This is Obama’s new “middle class,” working for half the wages of their grandparents and barely keeping one step out of a homeless shelter.”


"Corporate profits are at their highest share of GDP since World War II, while the portion of national economic output going to labor has fallen to the lowest postwar level." 

OBAMA-CLINTONomics and the final death of the American middle-class



"Obama expanded the Wall Street bailout, handing trillions of dollars to the criminals who wrecked the economy. He then utilized the financial meltdown to restructure the auto industry on the basis of brutal pay cuts, setting a precedent for the transformation of the US into a low-wage economy."



"In the midst of the deepest slump since the Great Depression, the administration starved state and city governments of resources, leading to the destruction of hundreds of thousands of education and public-sector jobs and the gutting of workers’ pensions. Obama’s Affordable Care Act set in motion the dismantling of employer-paid health insurance and massive cuts in the Medicare insurance system for the elderly."


IN OBAMA’S AMERICA, ONLY MEXICANS WITH STOLEN SOCIAL SECURITY
NUMBERS GET JOBS. THEY ALSO GET BILLIONS IN WELFARE AND ANYTHING ELSE
THEY VOTE FOR!
THE HIDDEN UNEMPLOYMENT CRISIS IN AMERICA:
The Democrat Party’s OPEN BORDERS agenda at work.


US poverty rate and income growth stagnated in 2014
By Niles Williamson
19 September 2015
The US Census Bureau released its annual income and poverty report this week which showed that median household income and the national poverty rate held steady between 2013 and 2014.

The report found that 14.8 percent of the country’s population lived in poverty in 2014, statistically unchanged from a year prior. Blacks had the highest poverty rate in 2014 at 26.2 percent, which was a one percentage point increase over 2013. Among children and teenagers under the age of 18, approximately 15.5 million, or 21.1 percent, lived in poverty.

The vast majority of the population in the United States has seen little or no benefit from the supposedly ongoing economic recovery and a booming stock market. Wages and income remain stagnant while the poverty rate remains unconscionably high, especially in urban areas.

The steady decline of the official unemployment rate from its peak of 10 percent in October 2009 to 5.1 percent in August has had little impact as those returning to work find jobs at lower wages and many others have simply given up looking for work and are no longer counted as unemployed.

The labor force participation rate, the percentage of the working aging population currently employed, has fallen from a peak of 67.3 percent in 2000 to 62.6 percent in August, its lowest level in 38 years.

While the official poverty rate in 2014 was below the recent peak of 15.1 percent in 2010, the total number of Americans living in poverty in 2014, 46.7 million, marked an all-time high. The Census Bureau noted that 6.6 percent of the population lived in what is termed deep poverty, less than 50 percent of the poverty line or less than $12,115 annual income for a family of four.

The poverty line in 2014 was set at a meager $24,230 in annual income for a family of four. An individual who made less than $12,071 was officially counted as below the poverty line. If an individual or family makes a dollar more than these limits they are not considered to be poor.


AMNESTY: THE HOAX TO KEEP WAGES DEPRESSED! IT WORKS!!!

In a much better measurement of the precariousness of life for most workers in the United States the Census Bureau reported that fully one third of the American population, more than 105 million people, live at less than twice the official the poverty rate.

The report notes that individuals and families often move in and out of poverty, with a smaller but significant number experiencing long-term poverty. The loss of a job or even a single paycheck can thrust a family into poverty.

Millions of Americans lack any savings they can rely on in the case of a financial emergency. Between 2009 and 2012, 34.5 percent of the population experienced a spell of poverty for two or more months while 2.7 percent lived in poverty for the entire four-year period.

Breaking down the poverty rate by geographical region, the South continued to be the most impoverished and was little changed from 2013 with 19.5 million, or 16.5 percent of the population, living in poverty. The West ranked second with a poverty rate of 15.2 percent (11.4 million), the Midwest third at 13 percent (8.7 million), and the Northeast fourth at 12.6 percent (7 million).

The poverty rate is particularly acute in urban areas throughout the country, with Detroit, Michigan (39.3 percent), Cleveland, Ohio (39.2 percent), Fresno, California (30.5 percent), Memphis, Tennessee (29.8 percent), and Milwaukee, Wisconsin (29 percent) topping the list for cities with populations over 300,000.

Detroit, once the center of auto manufacturing in North America, has been decimated by the shuttering of countless factories over the last four decades. In 2013 and 2014 the city of Detroit was forced into bankruptcy in an undemocratic process overseen by an unelected emergency manager in which wages and benefits were clawed back from city workers and retirees.

While tens of thousands of households in the city have had their water and other utilities shut off because they cannot afford to pay their bills, a handful of billionaires and multi-millionaires, including Quicken Loans CEO Dan Gilbert, have benefited handsomely from the restructuring and decimation of the city, snapping up land and properties often for as little as one dollar.

Meanwhile 57.1 percent of children and teenagers under the age of 18 in Detroit officially lived below the poverty line in 2014. Among major American cities only Cleveland, Ohio had a higher child poverty rate, at 58.5 percent.

Cleveland, not coincidentally, is another city where the billionaire Gilbert and other wealthy vultures have snapped up property, gentrifying select areas of the downtown entertainment district.

The Census Bureau report also notes that median household income has yet to return to pre-2008 levels, before the 2008 financial crisis and subsequent recession contributing to the persistence of high rates of poverty.

The report notes that median household income in 2014 was statistically unchanged from 2013 at $53,657, 6.7 percent lower than it was in 2007 and 7.2 percent below its peak in 1999.

While the ratio between the income of the richest ten percent and the poorest ten percent remained unchanged between 2013 and 2014, income inequality in the United States has risen significantly between 1999 and 2014.

Over the last 15 years, income for the 50th percentile, median income, fell by 7.2 percent while income for those in the bottom 10 percent fell by 16.5 percent. While income has fallen over the last decade and a half for the bottom half of society, those in 90th percentile saw their annual income increase by 2.8 percent, and those even higher on the scale saw much larger gains.



INVESTORS.com
LA RAZA ABOVE THE LAW – MEXICAN CONSULATES LOOTING OF AMERICA


Democrat politicians partner with Mexico and the Mexican Fascist Party of LA RAZA “The Race” to loot America and then send the tax bills to the American middle-class whose jobs LA RAZA owns.


 MEXICO DIRECTS LA RAZA MEXICANS TO LOOT AMERICA!

WILL MEXICO BANKRUPT MORE CALIFORNIA HOSPITALS?

OR WILL IT BANKRUPT THE STATE ITSELF?


The staggering cost of Mexico’s looting of America


CHRISTIAN SCIENCE MONITOR
Mexico prefers to export its poor, not uplift them…. they also export their criminals, drug cartels, and anchor baby breeders for welfare!

http://www.csmonitor.com/2006/0330/p09s02-coop.html
 
THE OBAMA ASSAULT on the AMERICAN WORKER: IT’S WORKING!!!

"With the approach of the 2016 elections, the Democratic Party and its trade union allies are once again ramping up their efforts to fraudulently posture as advocates of working people."






 “But these attempts to palm off the Democrats as defenders of the working class, and in particular of low-income workers, stand in stark contrast to the actual record of the Obama administration, which has waged a systematic and determined campaign to slash the wages of workers in order to further enrich the banks, hedge funds and major corporations.”

“Because even though some 9 million new jobs were added to the U.S. economy from 2000 through 2014, about 18 million new immigrants, legal and illegal, entered the U.S. during that time, according to the Center for Immigration Studies. This, even as the native population also grew.”

America… NO LEGAL NEED APPLY!
Foreign-born women gain 141,000 jobs, U.S.-born women lose 90,000

By PAUL BEDARD


(OBAMA: 8 YEARS OF PUTTING ILLEGALS IN OUR JOBS!)



The surge in the numbers of foreign-born women getting U.S. jobs at the expense of American-born women expanded in August, continuing an eight-year trend.





New Bureau of Labor Statistics info detailing August jobs shows that the number of U.S.-born women 16 and older with jobs declined by 90,000 and rose for foreign-born women by 141,000.


There are currently 59.258 million American-born working women compared to 10.028 foreign-born working women.



Secrets last month reported that all job gains among women since the 2007 recession hit went to foreign-born women workers.



America… NO LEGAL NEED APPLY!

One-way trips to U. S. frustrate immigration authorities

An estimated 4.4 million people entered the country on legal visas and have never left. Officials often have no way of knowing whether they do.



It started the day Obama moved into the White House and commenced the perpetration of his “hope & change”.

24,639,000: Record Number of Foreign-Born Hold Jobs in U.S.


"We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers," said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. "President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws."

“Because even though some 9 million new jobs were added to the U.S. economy from 2000 through 2014, about 18 million new immigrants, legal and illegal, entered the U.S. during that time, according to the Center for Immigration Studies. This, even as the native population also grew.”

IG: DATA ON ILLEGAL ALIEN WORK PERMITS ISSUED AFTER INJUNCTION IS “UNRELIABLE”…. Obama’s LA RAZA SUPREMACY ADMINISTRATION games the system…. again!



WASHINGTON STATE: What? You thought only America’s southwest was invaded, occupied and looted?!?!?

“The 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.”

The Employment Situation of Immigrants and Natives in the Second Quarter of 2013


By Steven A. Camarota August 2013 
That President Obama would lawlessly bring in more cheap labor at the request of corporate interests at a time when tens of millions of Americans are unemployed speaks volumes.



SEN. BERNIE SANDERS ON HILLARY’S SERVITUDE TO OBAMA’S CRIMINAL CRONY BANKSTERS… their looting continues unabated.


"I think that the business model of Wall Street is fraud," said Sanders. "I think these guys drove us into the worst economic downturn in the modern history of America and I think they're at it again. I believe that when you have so few banks with so much power you have to ... break them up. That is not Hillary Clinton's position."


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