The Economic Collapse
February 2, 2013
Did you know that the percentage of the U.S. labor force that is employed has
continually been falling since 2006 according to the Bureau of Labor
Statistics? Did you know that the increase in the number of Americans “not in
the labor force” during Barack Obama’s first four years in the White House
was more than three times greater than the increase in the
number of Americans “not in the labor force” during the entire
decade of the 1980s? The mainstream media would have us believe
that 157,000 jobs were added to the U.S. economy in
January. Based on that news, the Dow broke the 14,000 barrier for the first
time since October 2007. But if you actually look
at the “non-seasonally adjusted” numbers, the number of Americans with a job
actually decreased by 1,446,000 between December and January. But nowhere in
the mainstream media did you hear that the U.S. economy lost more than
1.4 million jobs between December and January. It is amazing the
things that you can find out when you actually take the time to look at the hard
numbers instead of just listening to the media spin. Back in 2007, more
than 146 million Americans were employed. Today, only 141.6 million Americans are employed even though our
population has grown steadily since then. When the government and the media
tell you that we are in a “recovery” and that unemployment is lower than it was
a couple of years ago, I encourage you to dig deeper. The truth is that even
the government’s own numbers tell us that the percentage of the U.S. labor force
that is employed continues to fall and that the U.S. economy is heading into a recession. The Obama administration and the
media have been lying to you about unemployment and about the true condition of
our economy. After you see the numbers that I have compiled in this article, I
think that you will agree with me.
First of all, let’s take a look at the percentage of the civilian labor force
that has been employed over the past several years. These numbers come
the Bureau of Labor Statistics. As you can see, this is a number that has
been steadily falling since 2006…
In January, only 57.9 percent of the civilian labor force was employed.
Do the numbers above represent a positive trend or a negative trend?
Even a 2nd grader could answer that question.
So how in the world can the Obama administration and the mainstream media
claim that the employment picture is getting better and that we are in a
But most Americans believe what they are told. It is almost as if we are in
some kind of a “matrix” where reality is defined by the corporate-controlled propaganda that is relentlessly
pumped into our brains.
The only way that the government has been able to show a declining
unemployment rate is by dumping massive numbers of Americans into the “not in
the labor force” category.
Just check out how the number of Americans “not in the labor force” has
absolutely skyrocketed in recent years…
In January, there were supposedly 89,868,000 Americans that were at least 16 years of age that
were not in the labor force.
That number has risen by more than 8 million since Barack Obama
first entered the White House, and that is highly unusual, because the number of
Americans “not in the labor force” only increased by2,518,000 during the entire decade of the
You sure can get the numbers to look more “favorable” if you pretend that
millions upon millions of American workers simply “don’t want a job” any
longer. The truth is that if the labor force participation rate was at the same level it was
at when Barack Obama was first elected, the official unemployment rate would be
well above 10 percent.
But that wouldn’t do at all, would it? 7.9 percent sounds so much nicer.
And of course even if you do have a job that does not mean that you are doing
If you can believe it, in America today 41 percent of all workers make $20,000 a year or less.
To me, that is a mind blowing statistic. It would be incredibly challenging
for anyone to live on $20,000 a year, much less try to support a family.
If you live in Washington D.C. or New York City and you have a “good job”
working for the establishment, you may not realize it, but there are tens of millions of
American families that are really hurting out there. According to the U.S.
Census Bureau, more than 146 million Americans are either
“poor” or “low income” at this point, and most of those people actually do have
For much more on the “working poor” in the United States, please see my
previous article entitled “35 Statistics About The Working Poor In America That Will Blow
If something is not done, the middle class will continue to disappearand poverty in
America will continue to explode.
In a previous article, I noted that during Obama’s first term,
the number of Americans on food stamps increased by an average of about 11,000 per day.
How bad do things have to get before people realize that we are living
through a nightmare?
Sadly, most Americans still have faith in the system.
Most Americans are still convinced that our politicians will somehow find a
way to turn things around.
Most Americans will gather around their television sets this weekend and
watch the Super Bowl and laugh at all the funny commercials without even
thinking about how America is literally falling apart all around them.
But there is one group of Americans that is acutely aware of how bad things
have really gotten. Small businesses have traditionally been the primary engine
of job growth in this country, but right now small business owners all over the
nation are facing a tremendous crisis.
Millions of small businesses are on the verge of extinction, and yet our
politicians just continue to pile on more taxes, more rules and more
A recent Gallup poll found that 61 percent of all small business owners in
America are “worried about the potential cost of healthcare”, and that an
astounding 30 percent of all small business owners in
America are not hiring and fear that they will go out of business within the
next 12 months.
In a previous article entitled “We Are Witnessing The Death Of Small Business In America“, I
detailed how small businesses in America are being systematically wiped out.
Small businesses are dying all around us, and the number of new small businesses
continues to decline.
According to economist Tim Kane, the following is how the decline in the
number of startup jobs per one thousand Americans breaks down by presidential administration…
Bush Sr.: 11.3
Bush Jr.: 10.8
Is that a good trend or a bad trend?
All of this is so simple that even the family pet should be able to figure it
out, and yet most Americans seem oblivious to all of this. They just keep
gobbling up the mainstream media propaganda and they just continue to go out and
wildly spend money.
It is almost as if we didn’t learn any lessons from 2008.
Even while household spending in Europe has moderated, household spending in
the United States continues to soar. Just check out the chartin this article.
And guess what? The infamous “no money down mortgages” are back. If we wait long enough, perhaps
“interest only mortgages” will make a comeback as well.
Unfortunately, I am afraid that time is running out. we have been living in
the biggest debt bubble in the history of the world, and it is only a
matter of time until it bursts.
2008 was just a “hiccup” compared to what is coming. Our politicians and the Federal Reserve were able to keep the house of cards
from completely crashing down back then, but they are not going to be able to
avert the economic horror show that is rapidly approaching.
I hope that you are getting prepared. Back in 2008, millions of
Americans suddenly lost their jobs, and because many of them did not have any
savings, many of them suddenly lost their homes. One of the most important
things that you can do to prepare for the coming crisis is to build up an
emergency fund. If things suddenly go bad, you don’t want to lose your house
and everything that you have always worked for.
In addition, anything that you can do to become more self-sufficient and more
independent of the system is a good thing, because the system is failing. The
years ahead are going to be much more chaotic than what we are experiencing
right now, and when the next crisis strikes you will be very thankful for the
time and the energy that you put into preparing.
So what are all of you seeing in your own areas?
Are businesses shutting down?
Are people having a hard time finding good jobs?