This week according to the Wall Street Journal, 10.4 million American men in their prime ages are now out of work. The number has increased greatly over the last few years and will continue to increase as certain scenarios begin to kick in. Men in their prime are men between the ages of 25 and 54. It is so bad out there that a large majority of these men have stopped looking and stay home. For many of them that are married, they live off of the wives salary and for others other family or government help. This is due to factors including Health Care costs, moving jobs overseas as many companies have packed up recently and moved to Mexico and those that have been in the Asia regions for some time have no reason to come back in order to get slammed with massive health care bills.
The important thing to understand is that the numbers the government gives us, are the correct numbers of those people that are collecting unemployment benefits or other types of benefits. Those numbers do not include that that have stopped looking for jobs, those that have recently lost a job and a new job was given to a high school student at one of the part time fast food restaurants. This type of prime unemployment is major and will have a massive impact on the future economy of this country. Yet, they still want to pass amnesty? Smart thinking… right. 10.4 million men out of work, so lets pass amnesty for 20 million illegals to ensure those 10.4 million and growing number of men will never work again.
It is beginning to sound more like third world living each time we begin to get facts together such as these chaotic facts. Sure many jobs were lost to technology, and consolidation and big business law changing deals with those nice congressmen that work together with special interest. Every deal they sign closes down thousands of companies. Just look at how many cell phone companies were closed this year due to new legislation regarding unlocking phones. Perhaps we should look at the other small businesses that were killed with massive regulations, or perhaps the new sales tax bill imposed on the little guys on the net. These little guys used to account for 65% or more of the employment in this great country.
This topic is not surprising for those of us that follow these new laws, or companies that decide it is far better to set up shop in Mexico. This is the end of the middle class, the last few stakes in the gut so to speak. The end of small business. For every new one small business the government talks about around 500 small businesses close and it’s not from technology. It is trickling down now, and will continue slowly but surely until every single last middle citizen is now a low class poverty citizen.
A massive American correction is among us and will be here soon from every single angle.