This Story Is A Perfect Example Of The Economic Despair That Most American Families Are Enduring In This “Booming” Economy
This Story Is A Perfect Example Of The Economic Despair That Most American Families Are Enduring In This “Booming” Economy by Michael Snyder – The Economic Collapse Blog
The middle class in America is being systematically eviscerated right in front of our eyes. I don’t normally do this, but today I want to share with you an email that was recently sent to me by a reader. I asked for permission to share her story with all of you, because I think that it will be encouraging for a lot of people out there to understand that they aren’t alone. In this supposedly “booming” economy, millions upon millions of American families are barely making it from month to month even though they are working as hard as they possibly can. But because the mainstream media has been endlessly touting “good economic news” for the last several years, many of those that are struggling end up believing that something must be wrong with them since they aren’t participating in all of the “prosperity”. But of course the truth is that almost all of the economic rewards have been going to the very top of the economic pyramid. Meanwhile, the middle class continues to shrink and more families fall into poverty with each passing month.
As you read the email that I am about to share with you, there are several things that I want you to notice.
#1 These people are not lazy. The husband has a good job for the area in which they live, and the wife is working very hard to bring in some online income as she takes care of the kids. So neither of them would be considered to be “unemployed”.
#2 They are also very frugal. They have cut expenses as far as they can, and they are still not able to make ends meet.
#3 They are being crushed by medical bills. Our healthcare system is a completely and total nightmare, and there are no solutions in sight. Thanks to the Democrats, soaring health insurance premiums are absolutely crushing middle class families. And the Republicans have had almost two years to try to fix things, and they have completely failed to get anything done. Shame on all of them.
#4 Almost everyone that they know is on government assistance, and so far they have resisted the urge to follow suit. Right now, more than 100 million Americans receive assistance from the government every month, and we are rapidly being transformed into a full-blown socialist nation.
I could say so much more, but let me get right to the email. This story really touched my heart, and I know that it will touch your heart as well…
I and my husband have been reading your blog for five or six years now. So many of your articles sound just like us, and I just wanted to share our situation and perspective as conservative Christians who were actually taught Biblical handling of money. Hopefully it will help you with your writing!
Unlike most millennials, we came into marriage with no debt and a decent savings. We have always lived on a strict budget that usually doesn’t include clothing or eating out; most of the time it doesn’t even include saving! We have never used credit cards. I am very frugal, shopping by what’s on sale, buying in bulk, cooking from scratch, and often doing without. We eat beans more than anything else. We own one vehicle, and half the time have to borrow a car from family because ours breaks down and we don’t have the money to fix it.