While most of us will be snuggled up next to a cozy fire, eating ham, turkey, mashed potatoes and opening up gift after gift, 2.5 million children will be on the out in the cold sleeping in the streets these holidays. Child poverty in America has reached an all time high. The Washington Post reports that the United States ranks 36th out of the 41 wealthiest nations in the world. We have 49 million Americans dealing with food insecurity right now. The Census Bureau released a study regarding children in America and the numbers are staggering. We have 65 percent of children living in households that participate in one or more government-paid programs. More than half a million homeless children reside in California. What is happening to the United States?
Tag Archives: Unemployment
We have been hearing from mainstream news that the economy is sluggishly improving, but is it really? How could it be improving when foreclosures are at an all time high in New Jersey? How could it be getting better when American company Radio Shack is on the verge of selling out and desperately looking for capital? How could it be improving when American companies like Burger King strategically buy Canadian based Tim Horton’s in order to move its headquarters to Canada to avoid paying our high corporate tax rate? How can it possibly be getting better when the vast majority of the jobs in our country are now service industry jobs like flipping burgers. These jobs are acceptable for teenagers looking to make extra money, or seniors who are retired and looking for a little extra cash. However, they are inadequate for head of households looking to feed their families, pay for a mortgage, bills and gas. These jobs are not enough to pay back student loans for college graduates.
For 2014 the United States is set to have a record trade deficit with China. As of October of this year our deficit has totaled $284 billion. With two more months to be included, that number could rise into the mid 300’s. Our trade deficit is especially harmful as this money leaves our shores and comes back to buy out our companies and land. This has nothing to do with the fact that China recently became the largest economy in the world, it has to do with the fact that we have a broken system.
As we come to the closing of another year of economic instability as a nation, we continue to ask where the jobs are. Where is the American manufacturing growth we were promised with good wages and full time hours? We all are looking for ways to help the economy. Some of us think that by buying goods in our stores we’re helping, but in reality we are just increasing our nation’s trade deficit and shipping more jobs overseas.