SURVIVING THE RECESSION:

by TONY CARAVAN

--The disconnect between the politicians and the voters, the media and consumers, Wall Street and main street, the haves and have-nots -- has reached a critical mass. Simply put, people are going broke just trying to keep their heads above water.
-- Everything from housing and utilities to taxes and insurance to health care and transportation -- cost more than the majority of Americans earn. Subsequently, most people must borrow just to eat and survive -- forget about sharing in the 'American Dream' or living like the people on TV, in the movies, or in the magazines.
-- Average people from all walks of life, and of all races, religions and political affiliations are working hard, but still suffering and doing without the most basic of things that the power elite take for granted.
-- According to the latest U.S. Census Bureau figures, there are 40 million Americans living in poverty in the U.S. (As defined by the Office of Management and Budget and updated for inflation using the Consumer Price Index, the weighted average poverty threshold for a family of four in 2008 was $22,025; for a family of three, $17,163; for a family of two, $14,051; and for unrelated individuals, $10,991). Add the unemployed, senior citizens and children to this; and more than half of the U.S. population is either out of work and/or living below the poverty line. And of course, 46 million people still have no health insurance, and still won't be able to afford it, under the bills working their way through Congress.
-- The average individual income of those that do work is roughly $2,000 per month (or $500 a week). With average housing expenses (rent, mortgage and utilities) costing over $1,000 per month; and car payments, gas, insurance student loans, credit card bills and medical and expenses costing nearly the same, there's nothing left for food and living -- unless it's borrowed.
-- Why don't the reporters and politicians talk about this? Don't they know that the majority of people are at their wits end -- living on the edge -- frustrated, angry, depressed -- even suicidal? How could the 'powers that be' be so cold?
-- Actually, most in media, politics and Wall Street are completely oblivious to the fact that the majority of Americans are poor. Since they live and work around millions of affluent people, they see the face of poverty as the homeless person on the street, or as the person featured on a segment about foreclosure. In effect, they can't see the forest for the trees -- they forget that while there may be millions of rich people in the country, there are over 300,000,000 people who are not rich. They need to have their eyes opened.
-- Anyway, despite all of this, TV will remain full of commercials for cars that cost more than people earn in a year. The cost of houses will continue to rise higher than many people earn in their lifetimes. College educations will be worth less and less -- as graduates find themselves in debt for more than half their lives. And the list goes on...
-- The system is broke... it's too far gone... the only way out now is to nationalize everything as soon as possible. We need to give people free health care (like most civilized nations do), we need to help the poor with food, rent and utilites; and, there must be forgiveness of loans and credit card bills that have gotten out of control due to ridiculous fees and interest rates. Anything less and we're headed for a crisis worse than Medieval Europe.
-- Yeah, it scares me too.


Close Window