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Showing posts from November, 2014

The Great American Dream is gone.

Official U.S. government reports point out that more than 3.5 million jobs have been eliminated in the past 10 years. This includes over 2,000 jobs per day last year alone. More frightening; an estimated 55% of all jobs created in the next 10 years will be near minimum wage. Currently, 90% of all the people in North America earn less than $40,000 a year and today’s two-income family are not living as well as their parents did. As well as what has been just stated, check out these economic facts: At age 50: -75% of the population has less than $5,000 in the bank for retirement. At age 65: -45% of Americans depend on relatives. -30% depend on charities. -23% are still working (most can’t afford to quit and work until they are no longer physically capable). -Only 2% are self-sustaining. At the current time: -It is impossible to support a family of two working full time at minimum wage. -For the first time in history, the current generation is averaging a lower standar