2016: 23 Percent Of Americans In Their Prime Working Years Are Unemployed

Did you know that when you take the number of working-age Americans that are officially unemployed (8.2 million) and add that number to the number of working-age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working-age Americans that do not have a job right now?  I have written about this before, but today I want to focus just on Americans that are in their prime working years.  When you look at only Americans that are from age 25 to age 54, 23.2 percent of them are unemployed right now.  The following analysis and chart come from the Weekly Standard… Here’s a chart showing those in that age group currently employed (95.6 million) and those who aren’t (28.9 million): “There are 124.5 million Americans in their prime working years (ages 25–54). Nearly one-quarter of this group—28.9 million […] Read More

2014: The Destruction Of The Middle Class Is Nearing The Final Stages

Submitted by Tom Chatham via Project Chesapeake, The events of the past few months seem astounding when taken in all at once. The plan to destroy the U.S. dollar and the American middle class is moving at an ever-increasing speed. At the recent G20 meeting the nations agreed that bank deposits would no longer be considered money. These bank deposits become the property of the banking institution and as such can be used any way the bank wants. This means that any money you deposit in a bank now is no longer yours but makes you an investor in the bank and subject to lose that money if a banking crisis takes down the bank. The spending bill just passed by Congress makes the American taxpayer responsible for any derivatives loses that banks may suffer. These derivative holders now have first priority when any funds are paid out and […] Read More