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…
Rents are already approaching the $2K/month mark for a 1 bdrm apt where I live. Total insanity.
Obama promised a fundamental transformation. This is it. No more American Dream for normal people. We’re much more Third world now.
later
Let’s call them like they did for Hoover, Bidenvilles.
Not to worry, the ILLEGAL ALIENS are getting millions and millions, if not billions.
Not even close to exaggerating.
When do we have the trial of the entire Biden cabinet?
White trash... It happens.
This country has been robbed. We’ve protected Europe, given trillions to the world, and been defrauded by the bankers of the Federal Reserve while paying low-IQ foreign invaders to live on our soil.. That’s why we’re poor.
For a true picture, need to subtract the filthy disease-ridden, economy-destroying, culture-destroying, 60-million, migrant-invader vermin that have flooded the country...
Free healthcare, free education, free housing, free cash cards, free cell phones, free food, free plane tickets, and, now, freedom to vote in the 2024 election...
I believe most homelessness is due to drug addiction and people’s unwillingness to get off of them. Around here “tent cities” pop up close to shelters where people who are unwilling to abide by shelter rules can still get access to food and clothing.
Drug addiction is completely out of control.
Right now it is imperative to avoid debt with dispatch. And get off of govt dependence.
No problem. We taxpayers will relieve their suffering.
A problem we have is that our overall economy is not running efficiently. People are not as productively employed as in better times. Their buying power is diminished by inflation and also employers’ inability to pay a higher wage and remain profitable.
Or is it more sinister than that. Is an upper class evolving that lives high and keeps the little guy down.
“Top down, bottom up, inside out!”
And here we are.
Thanks to Bidenomics and open borders.
IMPOSSIBLE! Everyone should remember Lyndon Johnson’s WAR ON POVERTY (1964) solved all our poverty problems!
Never saw a beggar on the streets before 1965!
Or squatting!
“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…”
Most adults in the USA manage to find housing.
” approaching the $2K/month mark for a 1 bdrm apt”
Rents do seem unduly high.
I remember signing a lease for $346/month under which I was to give them not only the money but the apartment back as it was provided to me.
Mostly illegal aliens and mentally deficient.
They change the “housing” criteria in BLS calculations. It’s now called “Shelter”. As in a cardboard box and a tarp.
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