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Americans are sick and tired of hearing that the economy is going ‘just fine’ when they continue to face major challenges to make ends meet every month. The cost of food is still soaring, gas prices jumped to an eight-month high this month, rent and housing costs are taking an even larger share of people’s monthly payments, utilities are more expensive, and somehow we’re still expected to have money left to save for emergencies and our futures at the end of every month.
That seems too much to ask for many struggling families. There’s no way everything is ‘just fine’ when the biggest part of our population is going into debt to be able to cover their basic needs while over 30 million people have fallen below the poverty line.
No matter what the media or government officials say, what we’re facing on a daily basis is far more real than their numbers and projections about the economy. They say inflation is going down, but many of us are still seeing the cost of groceries hit new highs everytime we visit the store. We’re paying more for our houses, our rents, our cars, and virtually everything we consume.
If that’s what a normal economy looks like, then we’re in far more trouble than we all imagined. Wheather they want to admit it or not, we’re on the middle of a devastating economic downturn, and our population is deeply hurting from it. The most important indicators debunk anyone who says the U.S. economy is in the right direction.
For example, last month, employers added just 221,000 jobs, the smallest gain in two and half years. Job openings have also dropped to the lowest level since May 2021. So far this year, several large companies have announced mass layoffs, such as 3M, which conducted 6,000 job cuts; while Disney slashed 7,000 jobs, Amazon laid-off 18,000 workers, Meta eliminated 11,000 positions, Google reduced its workforce by 6% or 12,000 jobs, and Walgreens just announced that 16% of its staff members will face lay-offs in the coming months.
New Morning Consult data finds that Americans are deeply concerned about widespread job losses, with 75% citing those worries in May 2023. The report also revealed that nearly 2 in 5 U.S. adults are concerned about losing their own job, including 17% of baby boomers, 45% of Gen Xers, 56% of millennials, and 52% of Gen Zers.
Meanwhile, from January 2020 to January 2023, the number of job openings for middle-income positions fell by almost 10 percentage points, according to The Pew Research Center. While in early 2020, nearly 25% of job openings offered annual salaries between $58,000 and $99,000, by January this year, only 15% of open positions offered the same pay.
35% of open jobs offer upper-income salaries of $100,000 or more. Typically, these positions are filled only by high-skilled professionals and college-educated Americans. In contrast, half of open positions in 2023 are for low-wage jobs.
Today, we compiled several numbers that prove conditions are getting harder for American workers as the cost of living crisis continues to accelerate.
Article and video cross-posted from Epic Economist.
Mysterious “Skyquakes” Are Causing Strange “Booms” in the Sky, and Scientists Have No Explanation
by Michael Snyder
(End of the American Dream)—What is causing the extremely loud “booms” that people are hearing in the sky all over the world? We are being told that “skyquakes” are responsible, but scientists have no idea why these “skyquakes” are occurring. In some cases, the “skyquakes” cause such powerful shaking that…
The Biggest Sale on Long-Term Storage Beef EVER
by Sponsored Post
Let’s cut to the chase. Prepper All-Naturals is offering an unprecedented 40% off for it’s “Beef Steak” survival bags with promo code “steak40”. With a 25-year shelf life and a single ingredient (beef, of course), our most popular product is available for a very limited time with the biggest discount…
Seattle Is Ordered to Stop Blocking Illegal Alien Deportations in the Most Hilarious Court Decision Ever
by PJ Media
A federal court has just pooped in the oatmeal of the West Coast, Messed Coast™governors and local election officials suffering from acute cases of Trump Derangement Syndrome who think they can stop illegal alien deportations. And after this hilarious and thorough legal takedown from the 9th Circuit Court of Appeals,…
Illegal Alien Terror Suspect Found Dead in Cook County Jail Cell
by Slay News
An Islamic illegal alien has been found dead in his jail cell after being arrested on terrorism charges. According to CWBChicago, 22-year-old Sidi Mohamed Abdallahi was found dead at the Cook County jail in Illinois on Saturday. Abdallahi was arrested on felony terrorism and hate crime charges in October. He…
Trump’s Wild Bunch Is Ready for Action
by Frank Miele
If for no other reason than that it will elicit fear in the hearts of autocracy-phobics, I propose that Donald Trump’s second-term Cabinet be known as “The Wild Bunch.” The name is best known as the title of Sam Peckinpah’s classic 1969 western featuring a colorful cast of aging outlaws…
FAA Issues Flight Restrictions Over Questionable Drone Activity Near Trump’s Bedminster Golf Course
by Just The News
The Federal Aviation Administration (FAA) on Tuesday said that it has issued two flight restrictions on the area surrounding President-elect Donald Trump’s Bedminster golf club in New Jersey, following questionable drone activity. The drone sightings were first reported on Nov. 18, but have continued into this week, according to Fox…
Ex-FBI Agent Convicted for Stealing From Jan 6 Defendant During Raid
by Trending Politics
A former Houston-based FBI agent has been convicted of stealing valuables and cash while conducting searches. In one instance, the agent stole cash and silver bars from a non-violent January 6 defendant’s home. Nicholas Anthony Williams, 36, was indicted on January 31 in the Southern District of Texas. Williams, who…
Democrats, Media Elite Urge Biden to Pardon Trump’s Alleged ‘Enemies List’
by Breitbart
President Joe Biden should issue preemptive pardons to his political allies and those deemed to be on President-elect Donald Trump’s alleged “enemies list,” Democrats and their media allies believe. Delivering a preemptive pardon indicates an admission of guilt, although Democrats claim a preemptive pardon would only be intended to block…
Fani Willis Forced to Release All Communications With Jack Smith, J6 Committee
by Trending Politics
The Fulton County Superior Court has ruled against District Attorney Fani Willis, ordering her to disclose communications with Special Counsel Jack Smith and the House January 6 Committee. The decision, announced on Tuesday, follows a lawsuit brought by Judicial Watch, a conservative watchdog group, which accused Willis of violating Georgia’s…
Lindsey Graham Is the Warmongering NeoCon Leading the Charge to Upend Pete Hegseth
by JD Rucker
Pete Hegseth represents a shift away from the wokeness that has infected the United States military. This is possibly the biggest reason President-Elect Donald Trump tapped him to be the next Secretary of Defense and the vast majority of Republicans on Capitol Hill can support this, at least for the…
‘Where Are Black Democrats?’: Charles Payne Tells Personal Story to Call Out ‘Huge Double Standard’ of Biden Family
by Nicole Silverio, DCNF
(DCNF)—Fox Business host Charles Payne called out the alleged “huge double standard” of President Joe Biden’s family Tuesday by revealing that his brother, who struggles with a crack addiction, is currently serving a jail sentence. Payne said his brother, who is getting out of jail on Friday, is likely one…
Zelensky Admits Ukraine Can’t Retake All Its Land: ‘We Must Seek Diplomatic Means’
by Breitbart
Ukrainian President Volodymyr Zelensky conceded in an interview on Tuesday that Ukraine does not have “enough forces” to restore sovereignty over Russian-occupied Crimea and “must seek diplomatic means” to end the Russian invasion and regain its land. The state-run Ukrinform outlet reported that Zelensky described Crimea – which Russia colonized…
Ultra-Processed Foods: How Bad Are They for Your Health?
by Olivia Cook
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“Already Pretty Far Down the Line”: The Container Store Could File for Bankruptcy as Soon as Next Year
by Tyler Durden, Zero Hedge
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Mysterious ‘Car-Sized Drones’ Over New Jersey Prompt FBI Investigation
by Zero Hedge
Several weeks of mysterious drone swarms over the skies of one New Jersey county near the military research and manufacturing facility Picatinny Arsenal have sparked concerns among residents and prompted an FBI investigation. “It’s kind of unsettling,” Mike Walsh, a Morris County resident who has spotted the drones on numerous…
UNESCO’s New Mission: Train Influencers About Combatting Online “Misinformation”
by Reclaim the Net
The UN Educational, Scientific and Cultural Organization (UNESCO) is now incorporating teaching influencers how to “fact check” into its activities. UNESCO claims that influencers have become “primary sources of news and cultural information” around the world – which prompted it to carry out a survey into how these online personalities…
