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Growing Anger At Collapse Of U.S.A. Standard Of Living
The Market Oracle ^ | 4-25-2010 | Global Research

Posted on 04/25/2010 3:51:15 PM PDT by blam

Growing Anger At Collapse Of U.S.A. Standard Of

Living Politics / US Politics
Apr 25, 2010 - 07:03 AM
By: Global Research

Hiram Lee writes: A series of recent studies conducted by the Pew Research Center shed new light on the scope of the economic crisis in the US and the level of hostility the majority of the American population holds for the US government.

Released in March, before the passage of the Obama administration’s health care legislation, a survey entitled “Health Care Reform—Can’t Live With It, or Without It” indicates that 92 percent of Americans give the national economy a negative rating. No fewer than 70 percent of the respondents report having suffered job-related and financial problems in the past year, an increase from 59 percent the year before. Fifty-four percent report someone in their home has been without a job and looking for work in the past year, up from 39 percent in 2009.

The poll saw an aggravation of conditions in every area of economic life studied the year before. Increasing numbers of people are reporting difficulty receiving or affording medical care (26 percent) or paying their rent or mortgage payments (24 percent). More Americans faced problems with collections and credit agencies (21 percent), or had mortgages, loans or credit card applications denied (19 percent).

As could be expected, the poorest Americans are suffering the most. Some 44 percent of those making $30,000 per year or less report difficulty obtaining medical care, compared to 11 percent of those making $75,000 per year or more. A similar gap can be found in the category of rents and mortgages, with 37 percent of those making $30,000 or less reporting difficulty making rent or mortgage payments, compared to 11 percent of those making $75,000 or more. However, the percentage of those facing difficulties paying rent has increased dramatically for both groups since 2009.

Large numbers of workers polled in the study say they have little confidence in job security and prospects for the future, with almost half (49 percent) saying it is “very or somewhat likely” they will suffer “job-related financial stress” in the next year. Twenty-five percent of workers say they expect to be forced to take a pay cut this year, while 24 percent expect to be laid off.

The Pew survey found that 85 percent of Americans reported difficulty finding jobs in their communities. This and other statistics revealing the increasingly dismal employment opportunities facing millions of Americans are provided context in another study released this month by the Pew Economic Policy Group.

“A Year or More: The High Cost of Long-Term Unemployment” reports that no fewer than 44 percent of unemployed Americans met or exceeded the standard measure of long-term unemployment (six months or more) in March 2010. This marks the highest rate for long-term unemployment levels since World War II.

In addition to this, the Pew study reports that “23 percent of the nearly 15 million Americans who are unemployed have been jobless for a year or more.” This translates to 3.4 million people, “roughly equivalent,” the study points out, “to the population of the state of Connecticut.”

These alarming numbers should be considered along with findings in another recent Pew research study entitled “The People and Their Government,” released April 18. This report finds that “by almost every conceivable measure Americans are less positive and more critical of government these days.”

Only 22 percent of Americans say their government can be trusted, according to the new survey. The report puts this among the lowest measures of trust in the government in half a century.

The study also shows across-the-board declines in approval ratings for numerous federal agencies, including the Department of Education, the Food and Drug Administration, the Social Security Administration, the Environmental Protection Agency, and the Centers for Disease Control and Prevention. Forty-three percent say the government has a negative effect on their daily life, up from 31 percent in 1997.

While approval ratings for the government are remarkably low, with 65 percent saying the federal government and congress have a negative impact “on the way things are going in the country,” the approval ratings for other major institutions are as low or lower. Sixty-nine percent of those surveyed say banks and other financial institutions have a negative impact on the way things are going in the country, while 64 percent say “large corporations” have a negative impact. Some 57 percent say the national news media has a negative impact, while 49 percent say labor unions have such an impact.

The report states that “more than six-in-ten (62%) say it is a major problem that government policies unfairly benefit some groups while nearly as many (56%) say that government does not do enough to help average Americans.”

Taken as a whole, the Pew studies from March and April offer additional insight into the growing social misery under conditions of the worst economic crisis since the Great Depression, and the outrage it is generating.

Wide layers of the population, who have seen trillions of dollars funneled from the public treasury into the coffers of Wall Street executives while their own living standards have been assaulted, their jobs slashed, their children’s schools closed, and vital social programs such as Medicare cut by billions of dollars, have no faith in the US government to secure their most basic social needs.

The corporate-controlled news media, along with the major institutions overseeing the nation’s educational needs and basic food and medical resources, are considered corrupt and untrustworthy, contributing to the suffering of millions.

President Barack Obama, continuing to pose as a populist man of the people when he finds it necessary or beneficial, stands exposed as the chief representative of the interests of the American ruling elite and the standard bearer in the assault on the working class.

The restructuring of society taking place, in the direct interests of the corporate-financial elite and at the expense of the working population, is not occurring unnoticed. The American and international working class will inevitably find itself drawn into struggle against the present, untenable form of social organization.


TOPICS: Culture/Society; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0bama; 0bamasfault; 111th; 2010; 2010election; 2010midterms; 2010polls; 2012; america2point0; amnesty; angrymob; asocialistamerica; barackobama; bho44; bhoeconomy; bhofascism; bhoislamism; bhosocialism; bhotreason; bhotyranny; bloodoftyrants; capandtrade; change; clowardpiven; communism; communists; corruption; cw2; cwii; cwiiping; democratcongress; democratcorruption; democrats; donttreadonme; economicjustice; economy; elections; enemedia; envirofascism; fifth100days; finance; fundedbysoros; globalism; hopeychangey; immigrantlist; jobless; jourbalism; kenyanvillageidiot; liberalfascism; liberalmedia; libertyordeath; lping; marxism; msm; nakedmarxist; obama; obamaadministration; obamacare; obamalaise; obamalegacy; obamanation; obamanomics; obamasfault; obamatruthfile; obamavoters; obamedia; pelosi; politics; rapeofliberty; recession; redistributewealth; redistribution; reid; revwar2; seiu; shadowparty; socialism; socialisthealthcare; socialjustice; soros; starkravingsocialism; stealthewealth; taxcheatparty; taxes; teaparty; thekenyan; treason; treeofliberty; tyranny; unemployment; unioncorruption; unions; zimbabwe
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1 posted on 04/25/2010 3:51:15 PM PDT by blam
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To: blam

My family is certainly suffering from this horrific economy. I don’t know if did not plan right or what, but even the prices of things are bothering us like never before.


2 posted on 04/25/2010 3:53:01 PM PDT by Republic (Stop the horrific liberals from spending ONE MORE DIME before they destroy our nation.)
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To: blam
"We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times... and then just expect that other countries are going to say OK." - Barack the Kenyan
3 posted on 04/25/2010 3:55:20 PM PDT by FlingWingFlyer (Dude! Where's my Constitution!)
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To: blam

These are revolutionary numbers.


4 posted on 04/25/2010 3:55:21 PM PDT by reformedliberal ("If it takes a blood bath, let's get it over with." R. Reagan)
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To: blam; trussell
Growing Anger At Collapse Of U.S.A. Standard Of Living

Step 1.

What will step 2 bring?

5 posted on 04/25/2010 3:55:29 PM PDT by EGPWS (Trust in God, question everyone else)
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To: blam

This was all planned. Social engineering in high places.


6 posted on 04/25/2010 3:55:45 PM PDT by BipolarBob (Yeah, I was in rehab. I got Hooked on Phonics. Darn that Sesame Street Gang.)
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To: blam
President Barack Obama, continuing to pose as a populist man of the people when he finds it necessary or beneficial, stands exposed as the chief representative of the interests of the American ruling elite and the standard bearer in the assault on the working class.

People get it!

7 posted on 04/25/2010 3:56:32 PM PDT by mlocher (USA is a sovereign nation)
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To: blam

Wow, very good post. Strongly worded piece. About 3/4 of the way through I said: this is not Pew itself talking here.


8 posted on 04/25/2010 3:56:57 PM PDT by jocon307 (It's the spending, stupid.)
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To: Republic

And this is Before inflation


9 posted on 04/25/2010 3:57:04 PM PDT by Flavius
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To: blam

“My family is certainly suffering from this horrific economy. I don’t know if did not plan right or what, but even the prices of things are bothering us like never before.”

Unfortunately, you haven’t seen anything yet. Once the dollar crashes, we’re looking at wartime tax rates and the tripling of prices. For people that have held their job, and roughly the same wages...you have no idea what’s coming. You will not recognize this country once this event takes place. The only question is when.


10 posted on 04/25/2010 3:58:57 PM PDT by BobL
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To: Flavius
And this is Before inflation

Even just inflation on it's own almost sounds good anymore...

Step 2.

11 posted on 04/25/2010 4:00:05 PM PDT by EGPWS (Trust in God, question everyone else)
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To: blam
As a nation we are much smarter than this even in this day and age. We need to REALLY show it come November!

Take everyone of these dem and rino prix down. Slam them to the ground!

12 posted on 04/25/2010 4:00:26 PM PDT by sirchtruth (Freedom is not free)
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To: blam

I guess they’re just going to have to kill all the people who remember how great America was.


13 posted on 04/25/2010 4:01:16 PM PDT by Tijeras_Slim (Live jubtabulously!)
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To: BobL

Great post. Most are utterly clueless as to what is coming. Utterly clueless.


14 posted on 04/25/2010 4:01:58 PM PDT by GlockThe Vote
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To: BipolarBob
This was all planned. Social engineering in high places.

Do you realize that you are calling millions of voters idiots?

15 posted on 04/25/2010 4:02:39 PM PDT by EGPWS (Trust in God, question everyone else)
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To: blam
As could be expected, the poorest Americans are suffering the most.

Um, they are the ones eligible for all the free services. They were poor before the collapse and they are poor now.

It's the middle class that got hit so badly.

16 posted on 04/25/2010 4:05:00 PM PDT by teenyelliott (www.thewaterrock.com)
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To: EGPWS
"What will step 2 bring? "

Only hunger, IMO.

17 posted on 04/25/2010 4:06:57 PM PDT by blam
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To: EGPWS
Millions of voters ARE idiots.
18 posted on 04/25/2010 4:07:08 PM PDT by teenyelliott (www.thewaterrock.com)
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To: EGPWS

“Do you realize that you are calling millions of voters idiots?”

How about tens of millions of idiots. Thank God that the other 100 million idiots don’t vote.


19 posted on 04/25/2010 4:07:31 PM PDT by bitterohiogunclinger (America held hostage - day 393)
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To: carolinacrazy

interesting ping


20 posted on 04/25/2010 4:07:45 PM PDT by teenyelliott (www.thewaterrock.com)
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To: blam

http://www.youtube.com/watch?v=rSh7WUK1GDc&feature=player_embedded


21 posted on 04/25/2010 4:08:14 PM PDT by EGPWS (Trust in God, question everyone else)
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To: EGPWS
What will step 2 bring?

Growing Anger At Collapse Of U.S.A. Standard Of Living

22 posted on 04/25/2010 4:09:24 PM PDT by UCANSEE2 (The Last Boy Scout)
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To: EGPWS
Do you realize that you are calling millions of voters idiots?

Is it your position that millions of voters aren't idiots? ;) (cue Carl Sagan voice 'Billions and Billions')

/johnny

23 posted on 04/25/2010 4:09:42 PM PDT by JRandomFreeper (Gone Galt)
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To: Republic
There was no real way to plan. Taxes, price increases, added fees on everything, uncertain markets, non-existent savings interest, and the widespread death of the business that either employed people or at least earned a decent living for the owner all hit at once and quickly.

At least this survey shows that no one is alone in the pain and sacrifice, except, of course, those benefiting at the expense of the majority.

We cut back drastically 2 years ago and within 9 months or so, we saw rises in taxes, fees and core consumer goods take back over 1/3 of what we had *saved*. It increased over the next year and a half and we are now on a second wave of cutbacks. There is very little left to cut.

I have felt for months that everyone is suffering, if only from frugality fatigue. This survey confirms it. It isn't only about what is being done to future generations, it is here and now.

Americans usually don't complain. We figure we are going through a rough patch, but the system is ok and we will come through it. Now, people just aren't so sure.

It will get worse before November.

24 posted on 04/25/2010 4:09:52 PM PDT by reformedliberal ("If it takes a blood bath, let's get it over with." R. Reagan)
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To: BipolarBob

I would describe it as TREASON.


25 posted on 04/25/2010 4:10:42 PM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: EGPWS
Do you realize that you are calling millions of voters idiots?

More than just millions.

26 posted on 04/25/2010 4:10:58 PM PDT by UCANSEE2 (The Last Boy Scout)
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To: blam

I don’t understand ...

What did everyone expect???

http://www.newsrealblog.com/2010/02/13/marxist-obama-why-the-media-has-been-silent/

We now know the full details of Barry’s Occidental years.

He was an avowed and committed Marxist.

He looked forward to the revolution when the Marxists would overthrow our government.

His love for Marxism was unusually strong .

He was in passionate agreement with the most radical Marxist Leninist professors.

The full interview is devastating.

Too bad Fox News ignored Dr Drew in 2008 when he contacted them.


27 posted on 04/25/2010 4:13:33 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: blam

http://www.youtube.com/watch?v=dL5bPJFHRnA


28 posted on 04/25/2010 4:14:55 PM PDT by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: EGPWS
Your Higher Taxes Pays For My Health Care
(I bet you can't watch the whole thing)
29 posted on 04/25/2010 4:14:58 PM PDT by blam
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To: blam

But

but

but

Obama said we should thank him ......


Great post.

Thanks


30 posted on 04/25/2010 4:15:52 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: teenyelliott

You are right and that is what socialists/communists do - wipe out the middle class.


31 posted on 04/25/2010 4:16:29 PM PDT by Natural Born 54 (FUBO x 10)
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To: blam
A decline in the American standard of living is exactly what the voters voted for in November. Why are they angry about it? They got exactly what they asked for.

In 2008, we had a Presidential candidate that openly embraced the policies of Herbert Hoover (i.e. protectionist trade and raising taxes on our best wealth creators during a recession). It was no secret. And voters examined those policies and voted in favor of them. So there is really no reason for anger here. They should instead be ecstatic at the success of those policies.

32 posted on 04/25/2010 4:17:24 PM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: blam

People haven’t seen ANYTHING yet... We’re in the process of de-valuing our currency. It’s our only way out of this debt hole.

What it means is, 20+ years of decling Standard of Living. How mad will they be then?


33 posted on 04/25/2010 4:17:26 PM PDT by SomeCallMeTim
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To: GlockThe Vote

“Great post. Most are utterly clueless as to what is coming. Utterly clueless.”

Yep. For all our whining, let’s say China decided (for whatever reason) to stop trading with us. Has ANYONE assessed that? We thought it was bad in WW2 when we realized that Japan had cornered all sources of natural rubber. That’s child’s play compared to where we are now. I even doubt that we could build basic weapons to fight them with...without their imports (of some type).

I’m relatively ready. I have roughly 4 years of non-perishable supplies...but I still worry. I’ll have to deal with my neighbors that think I’m some kind of John Bircher. But I’m not. I’ve NEVER expected a meltdown and ALWAYS ignored the people yelling FED, CFR, etc. But I can do the math...and I can see what we can and can no longer do as a country. I don’t even think we could operate our farms without Chinese supplies...and I bet I’m right.


34 posted on 04/25/2010 4:17:33 PM PDT by BobL
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To: blam
Hah!

You know me well I guess, I saw it earlier today and now I see it again.

25 seconds of my time wasted in total on that video. ; )

35 posted on 04/25/2010 4:18:23 PM PDT by EGPWS (Trust in God, question everyone else)
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To: FlingWingFlyer

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times... and then just expect that other countries are going to say OK.” - Barack the Kenyan


Uh, he used to drive a SUV

before he got his own 747.

.-————————————

Didja see the article where he keeps the White House so hot, almost all the staff can hardly stand it ?????

Maybe like Kenya???

Just kidding on that last one.


36 posted on 04/25/2010 4:18:58 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: EGPWS

“What will step 2 bring?”

The Kenyan will invite foreign troops into the U.S. to put down unrest fomented by right-wing hate groups. This move will be applauded by the UN and the majority of nations around the world. Citizens will be disarmed and those living in areas of resistance will be moved into guest facilities and re-educated or eliminated. Non-productive people living in public housing that are able bodied will be used as labor, those that are not will be eliminated.

The wealthy that supported Obama will be moved to secure zones until the unrest has died down and then will be allowed to resume their lives with the assistance of domestic labor from the re-educated.

You get the picture.


37 posted on 04/25/2010 4:19:45 PM PDT by dljordan (Psalm 109:8 "Let his days be few; and let another take his office. ")
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To: blam

Americans citizens have learned what many of us knew for years. Big Government, Big Unions, Big Businesses and Big Banks are not your friend.

The elitist Pol and Corps. have sold us out to the Globalist market. U.S. citizens have lost manufacturing and now technical jobs to those counties who hate us for so long, that if we “decided” today to manufacture here it would take a long time to recover the skills. And WHAT have we gained?? Bigger chains of economic slavery.


38 posted on 04/25/2010 4:20:07 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: blam

Even though we are still working we still feel the pinch of democratic polies like the minimum wage increase 2 years in a row whcih increased the price of food dramatically. We no longer buy many extras because there just isn’t the money for it and paying the bills. I’m just really glad we aren’t too far in debt like some are. They must really be in awful shape right now.


39 posted on 04/25/2010 4:20:36 PM PDT by chris_bdba
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To: blam

bump


40 posted on 04/25/2010 4:21:04 PM PDT by IDontLikeToPayTaxes
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To: blam
while nearly as many (56%) say that government does not do enough to help average Americans.

We're so screwed.

41 posted on 04/25/2010 4:21:28 PM PDT by listenhillary (Capitalism = billions raised from poverty, Socialism = billions reduced to starvation)
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To: blam

You’re right. I couldn’t watch the whole thing. Thirty seconds is all I could stand.


42 posted on 04/25/2010 4:22:17 PM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: dljordan

“Let’s put 25,000,000 into camps

China and North Korea will help us !!!”

-— Bill Ayers

http://www.youtube.com/watch?v=tRg9il_V328&feature=related


43 posted on 04/25/2010 4:23:30 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: DontTreadOnMe2009

“Let’s put 25,000,000 into camps

China and North Korea will help us !!!”

-— Bill Ayers, BFF of fellow Communist, Baracky Obama

http://www.youtube.com/watch?v=tRg9il_V328&feature=related


44 posted on 04/25/2010 4:25:30 PM PDT by DontTreadOnMe2009 (So stop treading on me already!)
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To: blam

Let’s face it - in order for the US to be assimilated into the New World order that the Marxist elites envision American has to be liquidated, sold off, defanged, and neutralized. We need to accept our new position of being world citizens and quietly pay our taxes to the new system and do it without resistance /sar


45 posted on 04/25/2010 4:25:39 PM PDT by timetostand (Ya say ya wanna revolution -- OK!)
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To: BobL
" I’ll have to deal with my neighbors that think I’m some kind of John Bircher. But I’m not. "

Bob, I swear I burst out laughing when I read that.
Shoot, I think most of my neighbors ARE Birchers.

46 posted on 04/25/2010 4:25:57 PM PDT by blam
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To: EGPWS
Do you realize that you are calling millions of voters idiots?

QED, 2008-11-04.


47 posted on 04/25/2010 4:26:44 PM PDT by cynwoody
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To: timetostand

No tag needed on that post. It all to real.


48 posted on 04/25/2010 4:27:11 PM PDT by eyedigress ((Old storm chaser from the west)?)
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To: blam
Only 22 percent of Americans say their government can be trusted, according to the new survey.

Sure, those 22 are the Democrats who get their welfare checks like clockwork, no matter what.

49 posted on 04/25/2010 4:28:09 PM PDT by Lancey Howard
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To: bitterohiogunclinger
“Do you realize that you are calling millions of voters idiots?”

"How about tens of millions of idiots. Thank God that the other 100 million idiots don’t vote."

Just in time for this thread, this quote sailed into my email box this morning:

"The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to an electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr.Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama. It is less likely to survive a multitude of fools such as those who made him their president.” -- Author Unknown

50 posted on 04/25/2010 4:28:39 PM PDT by Matchett-PI (Jim Wallis speaks for Christians the same way that Jesse Jackson speaks for all blacks.)
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