U.S. Standard of Living Has Fallen More Than 50%

[Taco]

Americans are now working longer hours than ever before.

U.S. Standard of Living Has Fallen More Than 50%
http://www.thestreet.com/story/11480568 ... inion.html

[Jester]

Great article, but doesn't go far enough.

To match 1970, you would need to be able to send all your three kids to a free public school with excellent standards and no gangs.

To do that today would require living in a wealthy neighborhood. Or private school tuition for three kids. At $10,000 per kid , that's another $15 an hour you would have to earn to match 1970. Net. Which equals $20 additional, before FICA and income tax. So that it would really take $40 an hour, not $20, to match the lifestyle of "the average Joe" in 1970.

That's why people give up, screw around, play video games and jack off to porn, instead of forming families.

[Moretorque]

It was good while it lasted for them.

[Jester]

It was good while it lasted for them.

Hah yeah - little did we know.

[SilverEnergy]

You can't buy as much with cash anymore because the U.S. dollar has lost most of its purchasing power.

The U.S. dollar isn't even money anymore, it's fiat currency now.

Fiat currency is basically currency that's not backed by anything like gold or silver.

The U.S. dollar was backed by gold in 1971. Once Nixon separated our dollar from gold, he convinced the rest of the world to do the same.

The rest of the world separated their currency from gold.

And this is what's wiping out the middle class.

Watch this video: http://www.youtube.com/watch?v=b3-vwYJiD8g

Eventually, everything will cost three to five times higher than it does right now.

The U.S. is printing 85 billion dollars a month at about 1 trillion per year. They are printing at an unbelievable pace. All of this printing is increasing our debt because the U.S. dollar is DEBT.

Our economy can't take too much more of all this printing as eventually, the market will burst just like a bubble.

Once the bubble bursts, the whole WORLD goes since the whole world runs off fiat currency.

People who continue to play by the old rules of the Industrial Age are going to lose everything they have. We are in the information age now and money is DIGITAL meaning money now moves through cyberspace at light speed.

Prepare now or you'll be SLAUGHTERED!

[Moretorque]

You better have guns ammo and supplies to live and protect your property, they can always create more digits to run everything. They can still shovel or steal the resources of the world with this system until the planet gives up or the people finally say they have had enough and take action against the thieves who are doing this.

Our rulers are betting the #79 is all they need to go through with this plan. 79 is the average IQ of the human race and if I had to bet I would say they are probably right. I said this thing is coming to a head I did not say the idiots could do anything about it.

[momopi]

Do not read too much into national statistics, as they do not accurately reflect local conditions. Same goes for other countries.

If we were to use year 2000 has our "numerical base", to say that the average hourly pay is $8.50 is incorrect, nor does it reflect the salary divide between demographic and geographic factors.

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

[Cornfed]

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

So that means that it is even harder to get by now.

[Ghost]

.

[Moretorque]

Do not read too much into national statistics, as they do not accurately reflect local conditions. Same goes for other countries.

If we were to use year 2000 has our "numerical base", to say that the average hourly pay is $8.50 is incorrect, nor does it reflect the salary divide between demographic and geographic factors.

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

It gives you a good idea of what the world will look like intellectually when you start mixing all these cultures together and different dialects. Nobody will be able to agree on anything and communicate together. That is why the PTB are destroying western civilization so the Europeans cannot get the momentum and #'s of us to gel together to stop it.

[Moretorque]

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

So that means that it is even harder to get by now.

Last year as I was growing more weary because of my job and all the NWO palm zombie types that inhabited that shithole, I had this thought one day: TPTB want to add as much as possible to take up peoples' time and money. iPhones were not able making life better, it was about getting people pay to get addicted to a device that actually makes life worse. TV was not about entertainment, it was about programming. I knew this stuff already, but it just hit me epiphany style one day...

There trying to program the youth and make them happier with toy brainwashing gadgets as they take all of our property and land rights away and the ability to take care of ourselves on a local level.

[Jester]

Do not read too much into national statistics, as they do not accurately reflect local conditions. Same goes for other countries.

If we were to use year 2000 has our "numerical base", to say that the average hourly pay is $8.50 is incorrect, nor does it reflect the salary divide between demographic and geographic factors.

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

Only 1 car was needed. I remember.

Cell phones and internet were also not needed. Likewise HOA, security, etc.

Investment in new technology needed just to "keep up" is, by definition, not frivolous. It is as necessary as it is to maintain what you already have. For example, try being the only real estate agent without a $100 a month cellphone or a $250/year electronic key. You can't do it.

[Moretorque]

Prices should be going down because as the economy becomes more efficient it is easier to produce however with this fractional reserve banking scheme we live under prices keep going up because they produce so many purchasing tickets and funnel them into the corporate structure they created for themselves to steal the whole world blind.

It does not matter to them if prices go up, they want them to in order to get rid of the middle class quicker. They are running an unaudited counterfeiting operation to steal all the fruits of our labor and property and get it for free with a numerical accounting gimmick.

Once they aquire enough capital muscle in a market or all markets which is where we are now with this scheme they are able to fix all prices above real market value because they have become so powerful they can rig it all by owning just about all means of production and the resources by owning all the land the resources are on.

It is a real slick con, they figured out you have got to give people the illusion they have a stake in the game like the stock market or you own your property but the credit monopoly has total control over all by having unlimited funds to rig manipulate and steal all but then fool you with propaganda they spew out to deflect the fact that you are really just a tenant subject of theirs.

They walk a fine line doing this because if the take the tenancy to far they will get revolt or the system will collapse, so they want mostly idiots they can dupe. They know your intelligent people will quit producing for the state because the state steals to much of their wealth.

It's a fine line when you're hunting for a world wide dictatorship to rule forever.

Welcome to COMMUNISM!

[momopi]

Do not read too much into national statistics, as they do not accurately reflect local conditions. Same goes for other countries.

If we were to use year 2000 has our "numerical base", to say that the average hourly pay is $8.50 is incorrect, nor does it reflect the salary divide between demographic and geographic factors.

Regardless, consider the difference in monthly budget between 1970 to 2013. In 1970 a family usually only had 1 car, and did not have expenses like cell phones, cable TV, internet, HOA dues, mello roos, etc.

Only 1 car was needed. I remember.

Cell phones and internet were also not needed. Likewise HOA, security, etc.

Investment in new technology needed just to "keep up" is, by definition, not frivolous. It is as necessary as it is to maintain what you already have. For example, try being the only real estate agent without a $100 a month cellphone or a $250/year electronic key. You can't do it.

[Jester]

OK true... but;

(1) fewer people now will own ANY house.
(2) lot sizes are smaller

More luxurious house on a tiny lot available only to the successful yuppie,

versus

Small simple house on a huge lot with a neighborhood the kids can play outside in, available to most men via hard work