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"Down in Jungleland"

by vbo Thu Oct 24th, 2013 at 08:21:20 AM EST

USA - Down in Jungleland

Recovery? What recovery? For the growing number of professionals and college graduates being tipped into working poverty, claims the United States is climbing out of the economic abyss is an outrageous lie. Consider the plight of the former TV anchor or the former Wall St trader now both working in a bar for a little over two bucks an hour plus tips. And with many from the middle class now toiling in poor paying jobs with little or no benefits, what happens to the people who used to do that work. From the Jersey Shore to the California coast are we witnessing the future of work in the USA?
 

http://www.abc.net.au/foreign/

Luckily we here in Australia are not there ...yet...not that I know...but with conservatives in power and so called "two speed economy" where not only that mining economy is slowing but outside mining economy (rest of it) not being able to move an inch in right direction let alone to pick up for mining slowing I am seriously scared for the future...of my children and grandchildren. I wouldn't like Australia EVER to become anything resembling USA (in any way shape or form) ...but I am afraid.
So called middle class is slowly losing ground here too, with less well-paid jobs, less benefits from the state (school kids bonus and low income superannuation benefits to be scraped soon together with mining tax that should provide money for them)...and it is just a beginning...After election parliament did not start to work yet and this has been prepared as an "entree/appetizer"...
What exactly you can see around you in your respective cities/countries. Your friends, your neighbours, your relatives...how do they cope?
I'll tell more about my surroundings later...


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Just today, a lead article on Spiegel Online headlined; "every sixth German threatened with poverty." (16.1%)

HERE (sorry, auf Deutsch)

Perhaps later I can translate some. But for now, Czechia? (9.6%), the Netherlands (10.1%) and even France (14.1%) all have much lower percentages. the same study puts Greece at 23.1%

Hardest hit in 'Schland... single mothers (38.8%). Not counting jobless of course (69.3%).

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Fri Oct 25th, 2013 at 08:39:39 AM EST
Thank you for information.Statistics are great in a way that they tell us how wide spread is poverty...especially in those rich countries.
Here
http://www.abc.net.au/foreign/content/2013/s3874510.htm
Yhese things are alarming...
"Most Americans have seen their incomes stagnate or fall since 2008. In fact, if you look in the middle, the average typical American income today is lower than it was say 15 years ago. Median income of a full-time male worker today is lower than it was 40 years ago." PROFESSOR JOSPEH STIGLITZ Economist, Columbia university

DR MARY GATTA: "Close to 50% of Americans are working and are economically insecure. And that means they can't afford their housing, their healthcare, their childcare, their transportation. They can do no saving for an emergency or their own retirement. Half of the country lives in economic insecurity".


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Fri Oct 25th, 2013 at 10:19:17 AM EST
[ Parent ]
The US middle class has been digging its own grave, urged on by a stakeholding Ueberklass that keeps saying, "Go ahead, leverage yourself.  You have to spend money to make money, and this is just a temporary downturn."  Four decades of decline isn't temporary.
by rifek on Sat Nov 16th, 2013 at 01:50:04 PM EST
[ Parent ]
And here...

http://www.acoss.org.au/policy/poverty/

The Poverty in Australia Report 2012 shows that poverty in Australia remains a persistent problem with an estimated 2,265,000 people or 12.8% of all people living below the internationally accepted poverty line used to measure financial hardship in wealthy countries.


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Fri Oct 25th, 2013 at 10:25:07 AM EST
[ Parent ]
But interestingly Americans are still "sticking to their guns"...almost...

"Five, ten years ago I would have been more of the pull-yourself-up-by-your-own-bootstraps kind of guy but I guess my views have shifted definitely more towards the centre. I think I'm more concerned with how other people are able to provide for themselves. I think it's a real big issue now. Every family I know, all of these people have two jobs." MIKE DOYLE - Bartender


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Fri Oct 25th, 2013 at 10:31:11 AM EST
No duh, Doyle.  I wonder if this guy has adult children.  And if he does, is he paying any attention to what they're going through.
by rifek on Sat Nov 16th, 2013 at 01:53:34 PM EST
[ Parent ]
"I want the good life that everyone dreams when you're in school and you draw the little house and the picket fence and a dog. I just want a happy ending. I don't want to struggle.

Hah...happy ending...We all have seen too many Hollywood movies, haha.
American dream seems to be more like a nightmare and not just for Americans but for all of us that "just wanted happy ending" believing that one day "we'll all live in America(n dream)"...

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Fri Oct 25th, 2013 at 10:39:23 AM EST


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