Tag Archives: finances

The Rich, the Poor, and the Ugly

The Rich, the Poor and the Ugly

If you believe for one second that the current economic state of the nation does not affect you, don’t waste your time reading this. Come back to read this and talk to me in six months, a year if you are lucky enough  to have made it that far.  I am happy for you!  For those of you who know that trouble is just around the corner and you are wondering why, how did all this happen and what our future is, read on.  There may just be something here to spark an idea.

I cannot save you.  Hell, I am wondering what is going to happen to my life within the next year or so.  Being unemployed at the moment, I thought there might just be time to try to figure a few things out.  In a few short minutes of research, I realized that we Americans, compared to the most of the world are “spoiled”.  We seem to harbor a “Hollywood” attitude as though we are a rich nation, powerful, and as MC Hammer once said:  “Can’t touch this”, arrogance.

That is how we got here.  Do not get me wrong, it is good to have positive thinking skills, arrogance to a point and a “no fail” attitude but taking into consideration the rapid decline of the middle class; the working poor, those attributes are failing us.  We have no time for one another because we have to work so hard to survive.  We do not even have time for our own children, or our own lives.  There is an old American saying:  “United we stand, divided we fall.”

We are falling and fast!  In America according to the U.S. Census of 2007, there are an estimated 227,719,424 people in America.  In February 2010, the number of unemployed persons in America was 14.9 million (9.7 percent) according to a labor statistic update (http://www.bls.gov/news.release/empsit.nr0.htm).  Think about 14.9 million people who are unemployed!  Let’s look at the numbers or The Great Depression of 1933.  http://www.bls.gov/opub/cwc/cm20030124ar03p1.htm

From an estimated annual rate of 3.3 percent during 1923-29, the unemployment rate rose to a peak of about 25 percent in 1933.  At the height of the Depression in 1933, nearly 25% of the Nation’s total work force, 12,830,000 people, were unemployed.  We have already surpassed that number by 2 million.  http://www.todaysteacher.com/TheGreatDepressionWebQuest/BriefOverview.htm  The total est., population in 1930 was 122,775,046.

There are now an estimated 105,000,000 more people in the United States since 1930, more mouths to feed and needs to be met.  The cost of living is higher, taxes are higher, everyday survival is higher.  There are more working people-true, but there are also more people who need assistance, who cannot or in some cases do not give back into society and drain resources causing the rest of society to carry the burden with nothing given in return.

The good is simply that if all of this has not effected you personally yet, you have been lucky or you are not the middle class working poor.  If you are middle class, sit down and count exactly how many resources you have to survive a collapse of our system v.s months before you are homeless or cannot meet the needs of your family or yourself.  You may just be surprised.  You may find that you are just a few paychecks away from total devastation.

Those of you or us or them who pay mortgages and credit card debt actually have nothing except borrowed time.  Just because what you have sits neatly in your castle, ponder this…if you don’t have the deed, it is not your castle.  And even if you do have the deed, what happens if you become ill or have an accident?  Your castle you worked for your entire life will pay the hospital bills, you’ll recover and come home to someone else’s castle where yours used to be.

The bad…you’ve just read it and it is a very, very small piece of a much bigger, much uglier picture.  Not long ago I overheard a conversation between a man (a doctor) and his brother (a manager of a homeless shelter).  The doctor said  “I have a million dollar home”, and the brother said  “I have an apartment”.  The doctor said  “So that means you don’t have a pot to piss in or a window to throw it out of.”  The brother said  “Either do you brother, either do you.”