Low Income Jobs – John Malcolm

If Nick Hanauer is right about the middle class, then America’s job creation engine is being destroyed

May 21, 2012 by John Malcolm 2 Comments

Nick Hanauer: “It is astounding how one idea can shape a society.” [Video]

95 Percent Of The Jobs Lost During The Recession Were Middle Class Jobs

By Staff Report | May 1, 2012 | The Economic Collapse Blog

Who is the biggest loser in the ongoing decline of the U.S. economy? Is it the wealthy? No, the stock market has been soaring lately and their incomes are actually going up. Is it the poor? Well, the poor are definitely hurting very badly, but when you don’t have much to begin with you don’t have much to lose. Unfortunately, it is the middle class that has lost the most during this economic downturn. According to Bloomberg, 95 percent of the jobs lost during the recession were middle class jobs. That is an absolutely astounding figure. Yes, some executives lost their jobs during the last recession as did some minimum-wage workers. But overwhelmingly the jobs that were lost were middle income jobs. Sadly, the limited number of jobs that have been added since the end of the last recession have mostly been low income jobs. A higher percentage of Americans are working low income jobs than ever before, and the cost of living continues to rise at a very brisk pace. This is causing an erosion of the middle class unlike anything we have ever seen in American history.

Is Obama Negotiating A Treaty That Would Essentially Ban All “Buy American” Laws?

May 8, 2012 by John Malcolm 1 Comment

Staff Report | May 6, 2012 | The Economic Collapse Blog

69 members of the U.S. House of Representatives have sent Barack Obama a letter expressing their concern that a new international treaty currently being negotiated would essentially ban all “Buy American” laws.

This new treaty is known as the Trans-Pacific Partnership, and it is going to be one of the biggest “free trade” agreements in history. Critics are referring to it as the “NAFTA of the Pacific“, and it would likely cost the U.S. economy even more jobs than NAFTA did.

At the moment, the Trans-Pacific Partnership includes Brunei, Chile, New Zealand and Singapore.

Barack Obama is pushing hard to get the United States into the TPP, and Australia, Peru, Malaysia, Vietnam, Canada, Japan and South Korea are also reportedly interested in joining. But quite a few members of Congress have heard that “Buy American” laws will essentially be banned under this agreement, and this has many of them very concerned. You can read the entire letter that was sent to Obama right here.

Unfortunately, the leaders of both major political parties are overwhelmingly in favor of the Trans-Pacific Partnership, so the objections of these 69 members of Congress are likely to fall on deaf ears.

The Trans-Pacific Partnership will accelerate the flow of American jobs out of this country, and meanwhile our politicians will continue to insist that they are doing everything that they can to “create jobs”.

There is not much protecting American jobs these days. The “Buy American” laws are one of the last remaining barriers that helps protect against much, much cheaper foreign labor, but now “Buy American” laws are in danger of being banned permanently as a recent article in the Huffington Post explained….

Since the 1930s, the American government has offered preferential treatment to American producers in the awarding of federal contracts. If a domestic producer offers the government a more expensive bid than a foreign producer, it can still be awarded the contract under certain circumstances, but more recent free trade agreements have granted other nations the same negotiating status as domestic firms. The Obama administration is currently pushing to grant the several nations involved in the Trans-Pacific deal the same privileged status, according to the Thursday letter.

The big problem is that foreign companies often have huge advantages over firms based in America.

In the United States, we have minimum-wage laws. On the other side of the globe, it is legal to pay workers less than a dollar an hour with no benefits.

In the United States, we have thousands upon thousands of laws and regulations that businesses must comply with. On the other side of the globe, there is often very little red tape.

The truth is that “free trade” is a really bad deal for the average American worker. In the emerging one world economic system, labor has become a global commodity and U.S. workers must now compete for jobs with people on the other side of the planet.

Since U.S. workers are often 10 to 20 times more expensive than workers on the other side of the world, there has been a massive outflow of jobs from this country. Treaties such as the Trans-Pacific Partnership will accelerate those job losses.

You would think that our politicians would notice that our formerly great manufacturing cities are turning into hellholes.

For example, the following is how James Kunstler described what he saw when he traveled through Gary, Indiana recently….

Between the ghostly remnants of factories stood a score of small cities and neighborhoods where the immigrants settled five generations ago. A lot of it was foreclosed and shuttered. They were places of such stunning, relentless dreariness that you felt depressed just imagining how depressed the remaining denizens of these endless blocks of run-down shoebox houses must feel. Judging from the frequency of taquerias in the 1950s-vintage strip-malls, one inferred that the old Eastern European population had been lately supplanted by a new wave of Mexicans. They had inherited an infrastructure for daily life that was utterly devoid of conscious artistry when it was new, and now had the special patina of supernatural rot over it that only comes from materials not found in nature disintegrating in surprising and unexpected ways, sometimes even sublimely, like the sheen of an oil slick on water at a certain angle to the sun. There was a Chernobyl-like grandeur to it, as of the longed-for end of something enormous that hadn’t worked out well.

The economic guts of this country are being ripped to shreds right in front of our eyes.

Overall, more than 56,000 manufacturing facilities in the United States have been shut down since 2001.

That number is so crazy that it is hard to fully grasp.

The truth is that the “free trade” agenda of globalists such as Barack Obama is absolutely devastating our economy.

There are hundreds of statistics which prove this. I don’t have space in this article to reproduce them all, but if you are interested in examining many of them I recommend checking out the following articles….

1) 35 Facts About The Gutting Of America’s Industrial Might That Should Make You Very Angry

2) 47 Signs That China Is Absolutely Destroying America On The Global Economic Stage

3) America Is Being Transformed From A Wealthy Nation Into A Poor Nation At Breathtaking Speed

4) 17 Facts About The Decline Of The U.S. Auto Industry That Are Almost Too Crazy To Believe

5) If You Are A Blue Collar Worker In America You Are An Endangered Species

6) The Worst In The World – The U.S. Balance Of Trade Is Mind-Blowingly Bad

7) Free Trade Or Fair Trade? 20 Reasons Why All Americans Should Be Against The Insane Trade Policies Of The Globalists

Read the full article here.

Trans Pacific Partnership to Ban “Buy American” Policies (independentsentinel.com)
Obama faces ‘buy American’ revolt (wnd.com)
Congress Revolts On Obama Plan That Would Ban ‘Buy American’ (brandtstandard.com)
Why Canada Should Take a Seat at Trans-Pacific Table (canadafreepress.com)
Anti-TPP Ad in the Washington Post (eff.org)
TransCanada Offers Obama Second Chance to Heroically Destroy Tens of Thousands of Pipeline Jobs (minx.cc)
Congress Revolts On Obama Plan That Would Ban ‘Buy American’ (ellisorelse.com)

Filed Under: Global Government, Progressivism Tagged With: Canada, Chile, China, College, Deaf, Democrats, Dependency, Disability Income, Downsized, Economy, Employment Rate, European, Factories, Federal Contracts, Foreign Labor, Free Trade, Free Trade Agreements, Global Commerce, Global Economic Power, Global Economy, Global Elite, Global Governance, Global Rebalancing, Globalists, Globalization, Government Contracts, House of Representatives, Immigrants, Industry, International, International Redistribution of Power, James Kunstler, Japan, Jobs, Laws, Low Income Jobs, Malaysia, Manufacturing, Mexicans, Middle-Class, Minimum Wage Laws, NAFTA, New Zealand, Outsourced, Peru, Political Parties, Ratification, Regulations, Republicans, Retirement, Senate, Singapore, Social Security, South Korea, Trans-Pacific Partnership, Treaty, U.S. Global Competitiveness, Unemployment, United States, Vietnam

25 Signs That Middle Class Families Have Been Targeted For Extinction

April 18, 2012 by John Malcolm 2 Comments

Staff Report | April 16, 2012 | The Economic Collapse Blog

The middle class in America is being systematically wiped out, and most people don’t even realize what is happening. Every single year, millions more Americans fall out of the middle class and become dependent on the government. The United States once had the largest and most vibrant middle class in the history of the world, but now the middle class is rapidly shrinking and government dependence is at an all-time high. So why is this happening? Well, America is becoming a poorer nation at the same time that wealth is becoming extremely concentrated at the very top. At this point, our economic system is designed to funnel as much money and power to the federal government and to the big corporations as possible. Individuals and small businesses have a really hard time thriving in this environment. To most big corporations these days, workers are viewed as financial liabilities. Most corporations want to reduce their payrolls as much as possible. You see, the truth is that most corporations want to be just like Apple. If you can believe it, Apple makes $400,000 in profit per employee. Big corporations don’t care that you need to pay the mortgage and provide for your family. Their goal is to make as much money as possible. And most of the control freaks that run our bloated federal government don’t care much about middle class families either. To many politicians and federal bureaucrats, middle class families are “useless eaters” that are constantly damaging the environment with their “excessive” lifestyles. In this day and age, neither the federal government nor the big corporations really have much use for middle class Americans, and that is really, really bad news for the the future of the middle class family in America.

There are three key factors that are constantly chipping away at the middle class….

-Globalization

-Inflation

-Taxes

Labor has become a global commodity, and American workers are often 10 to 20 times as expensive as workers on the other side of the world are. Middle class jobs (such as manufacturing, etc.) have been leaving this country at an astounding pace. Competition for the jobs that remain has become extremely fierce, and this has driven wages down. The following is from a recent article in the New York Times….

But in the last two decades, something more fundamental has changed, economists say. Midwage jobs started disappearing. Particularly among Americans without college degrees, today’s new jobs are disproportionately in service occupations — at restaurants or call centers, or as hospital attendants or temporary workers — that offer fewer opportunities for reaching the middle class.

As paychecks have stagnated, the cost of living has continued to escalate. Middle class families are finding that their paychecks simply do not go nearly as far as they did before. This is creating a tremendous amount of financial stress in households all over America.

Meanwhile, our politicians are taxing the middle class like crazy. Most people only focus on federal and state income taxes, but that is only a small part of the story. As I detailed the other day, our politicians are taxing us in literally dozens of different ways and it is almost always the middle class that ends up getting hit the hardest.

If America wants to be great again, it is going to need a thriving middle class. But right now the federal government and the big corporations are gobbling up all of the power and all of the money and the middle class is shrinking rapidly.

If current trends continue, eventually there will not be much of a middle class left.

The following are 25 signs that middle class families have been targeted for extinction….

#1 Over the past several decades, millions upon millions of middle class Americans have been systematically turned into government dependents. Back in 1960, social welfare benefits made up approximately 10 percent of all salaries and wages. In the year 2000, social welfare benefits made up approximately 21 percent of all salaries and wages. Today, social welfare benefits make up approximately 35 percent of all salaries and wages.

#2 Unemployment is at epidemic levels and the vast majority of the new jobs that have been “created” in recent years have been low paying jobs. Of those Americans that do have a job at this point, one out of every four works a job that pays $10 an hour or less.

#3 The “working poor” is a group that is rapidly growing in this country. If you can believe it, the United States actually has a higher percentage of workers doing low wage work than any other major industrialized nation does.

Read the full article here.