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An Enormous Chunk Of The U.S. Population Is Either Homeless, Living In Poverty Or Considered To Be Among The Working Poor
The Economic Collapse Blog ^ | 5/6/24 | Michael Snyder

Posted on 05/08/2024 4:28:36 PM PDT by Roman_War_Criminal

As the U.S. economy slows down, those at the bottom of the economic food chain are being hit the hardest. Homelessness is surging, the number of Americans living in poverty is rising, and more Americans are considered to be among “the working poor” than ever before. Unfortunately, we are witnessing a historic economic shift right now, and economic conditions are only going to get even more harsh during the months ahead. Needless to say, that is really bad news for all of us.

According to a report from Harvard University, approximately 650,000 Americans were homeless at some point last year. That represented an increase of nearly 50 percent from 2015…

A January 25 report from Harvard’s Joint Center for Housing Studies estimated that over 650,000 Americans experienced homelessness in 2023—up almost 50% from 2015. Costs of renting and home ownership have skyrocketed while wages largely stagnate. The Harvard report found that half of U.S. households are “cost-burdened” (meaning that 30-50% of monthly income goes to housing), and 12 million people are “severely cost-burdened.” These Americans stand one accident, health setback, or employment disruption away from eviction.

During the past several years, scores of tent cities have sprouted like mushrooms in and around U.S. cities from coast to coast.

One 32-year-old woman named Brandy that is living in a tent city near Winterhaven, Florida says that she has been living there for five years and literally has nowhere else to go…


TOPICS: Business/Economy; Conspiracy; Government; Society
KEYWORDS: donateforjim; economicturmoil; economy; grapesofwrath; homeless; homelessness; housing; inflation; poverty
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To: Brian Griffin

I still love Columbo and the related shows from NBC.

Pluto has McMillian & Wife on now.

At least SF looked decent then.


41 posted on 05/08/2024 5:28:17 PM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure..)
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To: Roman_War_Criminal

In Wisconsin Biden read a speech about how the economy is great and getting better.
((Only we the people don’t believe that.))

CNN said on website today:
“As Biden leans into the unfinished business of his 2020 campaign — and urges voters to let him “finish the job” in 2024 — multiple outside advisers and donors have expressed worry the president is tacking too far to the left. The concern: A platform containing costly proposals like universal preschool, subsidized child and senior care, and expanded health care cater less to moderates than to the party’s base.

“One-eighth of one percent of the population is going to decide this election,” one longtime Biden donor tells CNN, requesting anonymity to share confidential conversations with the campaign. “I’ve told them to move more toward the middle.”


42 posted on 05/08/2024 5:31:03 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Brian Griffin

“Only a very small percentage of the invaders are vermin.”

100% of them are illegal.


43 posted on 05/08/2024 5:35:13 PM PDT by Magic Fingers (Political correctness mutates in order to remain virulent.)
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To: Roman_War_Criminal

and a large chunk of the middle class is headed in the same direction.


44 posted on 05/08/2024 5:35:56 PM PDT by cableguymn
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To: wally_bert

The only time SF was clean was when Dirty Harry cleaned up the place. 😎😎


45 posted on 05/08/2024 5:37:22 PM PDT by stevio (Fight until you die.)
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To: Roman_War_Criminal

Boarding houses used to be common, real common, room and board and usually great food cooked by little old ladies.

I even aspired to own one when I was young as a way to pay the mortgage and have a place to live myself, but I think rules and regulations killed them off.

Look at the old movies and how convenient and simple they were, you breezed into a city with your suitcase and while you were looking for work you rented a room from some old lady who cooked for you and the other tenants and would probably do your clothes for a fee.


46 posted on 05/08/2024 5:37:47 PM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: Roman_War_Criminal

If you want more of something, subsidize it.

If you want less of something, tax it.


47 posted on 05/08/2024 5:41:46 PM PDT by MV=PY (The Magic Question: Who's paying for it?)
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To: Brian Griffin

“Immigrants” have nothing to do with my comment...
Do not try to change the subject...

The comment was about the filthy disease-ridden, economy-destroying, culture-destroying, 60-million, migrant-invader vermin that have flooded the country...

No exceptions, they are all criminals just by the very act of the communist-inspired & controlled invasion...

Go back to Politico with your obama-biden-supporting comments...


48 posted on 05/08/2024 5:47:07 PM PDT by SuperLuminal ( Where is Samuel Adams when we so desperately need him)
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To: Roman_War_Criminal

Yet the illegals get better treatment and housing medical food stamps you name it they get it for free …the government to Americans “GO TO HELL!!”And you wonder why millions upon millions around 13 mill have made their journey and counting to our nation. I would’ve made the trip too to the US if I was an illegal invader. Hell Why not everything‘s free here to those breaking our laws!!


49 posted on 05/08/2024 5:48:02 PM PDT by RoseofTexas
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To: Brian Griffin

“One 32-year-old woman named Brandy that is living in a tent city near Winterhaven, Florida


https://www.dailymail.co.uk/news/article-10693053/Shocking-moment-knife-wielding-woman-32-high-meth-Tasered-deputy-Florida-Walmart.html

This Brandy?


50 posted on 05/08/2024 5:53:48 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Brian Griffin

“Only a very small percentage of the invaders are vermin.”

And you know this how????


51 posted on 05/08/2024 5:56:52 PM PDT by goodnesswins (The Tree of Liberty is getting thirsty...)
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To: Roman_War_Criminal

“Gen-Zers Slide Deeper Into Debt As Bidenomics Failure Crushes America’s Future Leaders “

https://www.zerohedge.com/markets/gen-zers-slides-deeper-debt-bidenomics-failure-crushes-americas-future-leaders

“It may seem crazy, but here’s some advice for heavily indebted Gen-Zers:

Put down the smartphone.
Stop spending on DoorDash and Uber Eats.
Perhaps cancel a few streaming services.
Also, the spending party is over despite calls from the White House to cancel student debt.

The rising debt load Gen-Zers are carrying is alarming. The average credit-card balance for 22- to 24-year-olds was $2,834 in 1Q23, compared with an average inflation-adjusted balance of $2,248 in the same period in 2013, according to Wall Street Journal, citing new data from credit-reporting agency TransUnion.

The youngest generation is coming to age during a time when Bidenomics has been a complete failure, and these kids are spending themselves in financial ruin. “


52 posted on 05/08/2024 6:02:12 PM PDT by CFW
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To: Roman_War_Criminal

Raise his hand as among the working poor.


53 posted on 05/08/2024 6:04:26 PM PDT by EBH (America Blackmailed, The True Story of the World War...Coming Soon (1/21-))
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Comment #54 Removed by Moderator

To: Roman_War_Criminal

lower class Americans have been pushed out onto the fringes of society thanks to the free Traitors and open border neoCON scum that traded in Christianity for “diversity” as the national religion. Pushed out by immigrants, legal and illegal taking all the resources and jobs.


55 posted on 05/08/2024 6:21:05 PM PDT by imabadboy99
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To: DownInFlames

“Building back better”...


56 posted on 05/08/2024 6:26:43 PM PDT by Does so ( 🇺🇦....We are in the later stages of a Communist takeover...)
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To: Justa

Save those big refrigerator boxes!


57 posted on 05/08/2024 6:29:02 PM PDT by Does so ( 🇺🇦....We are in the later stages of a Communist takeover...)
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To: Roman_War_Criminal

Yes. Because of illegal immigration.


58 posted on 05/08/2024 6:29:14 PM PDT by Brilliant
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To: gloryblaze; NobleFree

Let’s legalize Marijuana and see where that takes us...


59 posted on 05/08/2024 6:33:22 PM PDT by Does so ( 🇺🇦....We are in the later stages of a Communist takeover...)
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To: Roman_War_Criminal

Their vote s have consequences.


60 posted on 05/08/2024 6:44:04 PM PDT by wgmalabama (Censored!)
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