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20 Signs That The US Poverty Explosion Is Hitting Children/Young People Hardest

posted Dec 23, 2012 02:17:55 by Consfearacynewz
http://www.gcnlive.com/wp/2012/12/20/20-signs-that-the-u-s-poverty-explosion-is-hitting-children-and-young-people-the-hardest/

The "Greatest Generation"(I doubt that), The Boomers and The Generation X'ers have raped the country. The greatest blame for this has to lie at the feet of the politicians of the last 50 years' inactivity and the NWO---all by design. WE ARE ON THE BRINK OF 3RD WORLD STATUS.



If you are under 30 in America today, you better hope that you come from a wealthy family or that you have some really good connections, because otherwise the future looks pretty bleak for you.
The following are 20 signs that the U.S. poverty explosion is hitting children and young people the hardest…
1. If you can believe it, a higher percentage of children is living in poverty in America today than was the case back in 1975.
2. More than one out of every five children in the United States is currently living in poverty.
3. According to U.S. Census data, 57 percent of all American children live in a home that is either considered to be “poor” or “low income”.
4. Median household income for families with children dropped by a whopping $6,300 between 2001 and 2011.
5. For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.
6. It is being projected that half of all American children will be on food stamps at least once before they turn 18 years of age.
7. One university study estimates that child poverty costs the U.S. economy 500 billion dollars each year.
8. The 18 to 24 age group has a higher unemployment rate than any other age group in the United States.
9. Young adult employment is now at the lowest level that we have seen since World War II.
10. In 2007, the unemployment rate for the 20 to 29 age bracket was about 6.5 percent. Today, the unemployment rate for that same age group is about 13 percent.
11. Families that have a head of household under the age of 30 have a poverty rate of 37 percent.
12. Family homelessness in the Washington D.C. region (one of the wealthiest regions in the entire country) has risen 23 percent since the last recession began.
13. Since the year 2000, incomes for U.S. households led by someone between the ages of 25 and 34 have fallen by about 12 percent after you account for inflation.
14. In 1984, the median net worth of households led by someone 65 or older was 10 times larger than the median net worth of households led by someone 35 or younger. Today, the median net worth of households led by someone 65 or older is 47 times larger than the median net worth of households led by someone 35 or younger.
15. During 2011, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed.
16. Many young people are finding that they cannot afford to get married these days. Sadly, an all-time low 44.2 percent of all Americans between the ages of 25 and 34 are married right now.
17. Right now, approximately 53 percent of all Americans in the 18 to 24 age group are living at home.
18. The number of Americans in the 25 to 34 age group that live with their parents has grown by 25 percent since 2007.
19. One survey discovered that 85 percent of all college seniors plan on moving back in with their parents after graduation.
20. Overall, approximately 25 million American adults are living with their parents in the United States right now according to Time Magazine.

"Today, unemployed Americans often find themselves competing against hundreds or even thousands of other job applicants for the same position. An absolutely stunning example of this happened recently when more than 100,000 people applied for just 1,000 open flight attendant positions with Delta Air Lines....For many unemployed Americans, any job is a good job at this point. Right now there are approximately 5 unemployed Americans for every single job opening, and 6 million Americans have been out of work for 6 months or longer. When you get that many unemployed people fighting over so few positions the desperation in the air becomes almost palpable." -- http://www.prisonplanet.com/desperation-sets-in-more-than-100000-people-apply-for-low-paying-flight-attendant-positions-with-delta-air-lines.html

“There’s class warfare, all right, but it's my class, the rich class, that’s making war, and we’re winning.” -- Warren Buffet

This is why I get so disgusted when economic right-wingers wax self-righteous at the expense of those who've grown "dependent" upon such things as food stamps and unemployment benefits, implying over and over again that the social safety net is itself largely if not entirely to blame for the fact that there are many times more people in need of work than there are employment opportunities, and that gutting the social safety net would therefore magically solve both the job shortage crisis and rent-wage gap that created the need for a social safety net in the first place.

"All such remedies begin at the wrong end. They are like putting on brake and bit to hold in quietness horses that are being lashed into frenzy; they are like trying to stop a locomotive by holding its wheels instead of shutting off steam; like attempting to cure smallpox by driving back its pustules." -- Henry George
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