Not surprised she's married to a jew.
American Economics Thread
- Thread starter Bernard
- Start date
Part 20:
The U.S. Department of Housing and Urban Development revealed that the homeless population in the U.S. jumped 18 percent in just one year…
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The truth is that approximately 150,000 children are living in the streets at this point…
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The politicians like to give speeches about affordable housing, but housing just continues to become more unaffordable…
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And now they have entered a time when finding a decent job is going to be quite a bit more difficult…
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According to a national survey, approximately 70 percent of U.S. adults believe that the U.S. economy is in poor condition right now…
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That same survey also discovered that about a third of all U.S. adults are either “extremely” or “very” concerned about being able to “afford groceries over the next few months”…
Part 21:
It was expected that credit card defaults would continue to rise this year. But a 50 percent jump is ridiculous…
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In the last 20 years, there has only been one other year when credit card defaults have reached this level.
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An increasing number of Americans have been forced to turn to credit card debt just to make ends meet. At this point, 74.5 percent of all U.S. consumers are carrying at least some credit card debt…
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US economy is highly dependent on consumer spending, but now the bottom third of the economic pyramid is “tapped out”…
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Joe Scarborough was astonished to learn that the price of butter has reached 7 dollars in some stores in his area…
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When Joe Biden took office in 2021, his administration told us that “investment in U.S. infrastructure as a share of GDP has fallen by more than 40 percent since the 1960s”…
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In 2021, the official White House website was reporting that 45,000 bridges and 20 percent of our roads were in poor condition…
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Well, fast forward a few years later and the Department of Transportation is still telling us that “over 40,000 bridges” are in poor condition…
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For example, Consumer Reports says that almost half of all urban roads in the state of California are not currently in acceptable condition…
Part 22:
Back in 2021, the Biden administration also made a big deal out of the fact that millions of Americans were getting their tap water through lead pipes…
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An article that was published revealed that the EPA is estimating that “more than 9 million service lines” are still made out of lead…
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Inflation is starting to really accelerate once again, and this is particularly true for food prices…
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Prices on some key staples such as eggs are expected to go much higher in 2025…
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If you go to mortgagecalculator.org, you can calculate the amount of interest that you will pay over the life of your home mortgage. According to that calculator, someone with a $400,000 mortgage at an interest rate of 6.98% over 30 years will end up paying $556,102.18 in interest before the mortgage is finally paid off.
When those 30 years are over, you will have bought a house for yourself and you will also have bought a house for the bankers.
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In 2024, sales of previously-owned homes in the United States fell to the lowest level since 1995…
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Pending home sales dropped another 4.5 percent last month. That was the fastest rate of decline that we have seen in more than two years…
Part 23:
The proportion of credit card accounts that are just having minimum payments being made on them just hit the highest level in 12 years…
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The 60-plus-day delinquency rate for subprime auto loans just reached the highest level ever recorded for the month of December…
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Credit rejection rates have hit levels that we have not seen since the global financial crisis…
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Restaurant chains are going bankrupt at the fastest pace since the beginning of the pandemic…
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After rising 12.7 percent in 2023, the cost of home insurance went up another 10.4 percent in 2024…
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The average price of a dozen eggs went up 36 percent in just 12 months, and it is expected to go even higher during the months ahead…
Part 24:
The household income required to purchase an average home in the U.S. has more than tripled since January 2012…
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A “healthcare giant” that operates 16 hospitals in the U.S. has just filed for bankruptcy…
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The hiring rate in the U.S. in the month of November was “the lowest since the early 2010s”…
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Kohl’s has decided to permanently shut down 27 “underperforming” stores…
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Over 200 Advance Auto Parts stores are up for sale…
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Approximately 500 Big Lots stores will soon be shut down for good…
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Walgreens has announced that it will be permanently closing 1,200 stores…
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In 2024, a total of 7,325 stores were closed in the United States. That was the highest number that we have seen since the early days of the pandemic…
Part 25:
Coresight Research is projecting that a whopping 15,000 stores will be closed in the U.S. in 2025…
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Cargo theft in the United States has hit a brand new all-time record high for the second year in a row…
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59 percent of Americans don’t even have enough money to pay for a $1,000 emergency expense…
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61 percent of Americans between the ages of 18 and 35 say that they feel “financially stressed”…
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According to Bloomberg, the cost of living crisis is driving more working Americans than ever to seek assistance from food banks…
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Fentanyl is absolutely destroying communities all over America. For example, check out what has been happening in Las Cruces, New Mexico…
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In 2024, corporate bankruptcies in the United States reached the highest level “since the 2008 financial crisis”.
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Homelessness in the U.S. is at the highest level ever recorded, and it is increasing at the fastest pace ever recorded.
Part 26:
Approximately half a million businesses filed for bankruptcy in the U.S. in 2024. That represented a 14 percent increase compared to the previous year…
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More than 7,000 stores will close in the U.S. in 2024, and it is being projected that 15,000 stores will close in the U.S. in 2025…
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Sales of existing homes haven’t been this low in almost 30 years…
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A majority of the U.S. population struggles to afford “their regular rent or mortgage payments”…
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The proportion of U.S. homeowners that are seriously delinquent on their mortgage payments is rising…
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One expert who was interviewed by CNN is warning that the employment picture is deteriorating because “you’ve already got companies hiring as if they’re in a recession”…
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Apparently hedge funds can see what is coming too, because they are “making a multi-billion-dollar gamble against the US economy”…
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According to Google AI, the nation has lost almost 70,000 factories since the year 2000…
Part 27:
Facts -
In July 1979, 19.5 million Americans had manufacturing jobs. Today, only 12.8 million Americans have manufacturing jobs even though the population is much larger than it was in 1979.
In 1959, manufacturing represented 28 percent of all U.S. economic output. At the beginning of the Great Recession in 2008, manufacturing represented only 11.5 percent of all U.S. economic output. Today, manufacturing represents just 10.3 percent of all U.S. economic output.
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One man who understands the gap between government and the economic statistics of the American economy very well is Eugene Ludwig. He is the president of the Ludwig Institute for Shared Economic Prosperity, and was formerly the U.S. Comptroller of the Currency. He is an expert in this field and wrote an article that discussed the growing “disconnect” between government statistics and economic reality…
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According to Ludwig, everyone is told that the official unemployment rate in the US is very low, but in reality “nearly one in four workers is functionally unemployed in America today” …
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Even though the vast majority of the population is covered by health insurance, 62 percent of the two million personal bankruptcies that are filed each year in the United States are caused by medical debt.
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One survey found that American families have accumulated more than $220 billion in medical debt.
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A three-day hospital stay will typically cost somewhere around $30,000.
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A 25-year-old Nevada mother received a $700,000 bill after her daughter spent about two months in the neonatal intensive care unit.
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A survey found that 18% of all insured adults in the U.S. had a health insurance claim denied in the past year. ).