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An America drowning in red ink is the land of the free no more
Topic - Bureau Of The Census
Sara Swinehart chucked her job as an autism therapist in Lafayette last summer to go on a cross-country bicycling adventure. The 27-year-old woman has yet to return to the workforce, living at her parent's home in Valparaiso while she weighs her job options.
Arwin Buditom guards some of the most successful high-tech firms in America. Joseph Farfan keeps their heat, air and electric systems humming. But these workers and tens of thousands like them who help fuel the Silicon Valley's tech boom can't even make ends meet anymore. Buditom rooms with his sister an hour's drive from work. Farfan gets his groceries at a food pantry.
Extremely cold and snowy weather inhibited America’s shoppers last month, causing a 0.4 percent drop in retail sales, and the Christmas selling season was poorer than previously reported, the Census Bureau reported on Thursday.
During the recession, Los Angeles County lost tens of thousands of residents to the eastern counties of the Inland Empire despite the area's staggering unemployment rate, new Census Bureau estimates reveals.
Maybe the health care law was about wealth transfer, after all.
President Obama's State of the Union address Tuesday night is shaping up as an election-year rallying cry to his Democratic base to fight for income equality in America, even as the gap between rich and poor grows during his presidency.
Recent editorials from West Virginia newspapers:
Detroit Free Press. Jan. 9.
Various measures of the income gap between the rich and everyone else show that inequality soared to record highs after the Great Recession. But what those measures do not reveal how a battery of government benefits ranging from unemployment aid and middle-class tax cuts to Medicaid and food stamps substantially cushioned the economic blow on the middle class and poor.
Fifty years ago this week, President Lyndon Johnson declared "unconditional war on poverty in America." American taxpayers have since spent more than $15 trillion on this conflict, employing everything short of the A-bomb, as the CATO Institute's Michael Tanner notes. Money is thrown with abandon at low-income assistance programs, from Section 8 housing to Head Start to Medicare and the Earned Income Tax Credit. There's little to show for the expenditure beyond a $17.3 trillion — that's with a 't' — national debt.
The U.S. population this year grew at its lowest rate since the Great Depression, according to the latest Census Bureau estimates Monday that suggest the sluggish economy continues to tamp down on immigration, and birth rates are still low for those already here.
When government pays for something, it gets more of it. For the past five years, Congress has been pushing "emergency" subsidies for long-term unemployment, and, not surprisingly, we've been getting more joblessness — a fact some have been working overtime to conceal.
Top House Republicans are demanding are seeking an investigation into new reports that the Census Bureau manipulated surveys that showed a steep drop in the U.S. unemployment rate shortly before the 2012 presidential election, even as the bureau said a key suspect in the matter left the bureau more than two years ago.
President Obama's popularity is understandably dropping like a rock, primarily because of revelations that he has grossly deceived the America people about his heath care bill. It is obvious that much of the media is now turning on him. Despite strong, irrefutable indications that there were serious problems with his credibility on Benghazi, NSA wiretapping, IRS targeting of opponents, etc., he nevertheless managed with the help of the media to stay ahead of problems — until now.
U.S. mobility for young adults has fallen to the lowest level in more than 50 years as cash-strapped 20-somethings shun home-buying and refrain from major moves in a weak job market.