“The Skid Is Everywhere”, And We Just Received More Confirmation That The Worst Is Yet To Come
“The Skid Is Everywhere”, And We Just Received More Confirmation That The Worst Is Yet To Come by Michael Snyder for The Economic Collapse Blog
All over America, large portions of our major cities are being transformed into stomach-churning cesspools of squalor. Thousands of tens cities are popping up from coast to coast as the homeless population explodes, even the New York Times admits that we are facing “the worst drug crisis in American history”, there were more than 28,000 official complaints about human feces in the streets of San Francisco last year alone, and millions of rats are currently overrunning the city of Los Angeles. And yet the authorities continue to insist that the economy is in good shape and that everything is going to be just fine.
Perhaps everything may seem “just fine” if you live in a heavily sanitized wealthy suburban neighborhood and you only get your news from heavily sanitized corporate media sources, but in the real world things are getting really bad.
The other day, LZ Granderson authored an editorial in which he described what life is like in Los Angeles right at this moment…
As a Los Angeles resident, I am among those who wonder what the mayor’s office is doing. When I lived downtown it was virtually impossible to walk a full block in any direction without seeing a homeless person. In Silver Lake where I live now, there are tent cities. On my drive to work I see people living underneath the highway overpasses. It’s no longer Skid Row here. The skid is everywhere.
Of course that phrase, “the skid is everywhere”, could also apply to San Francisco, Portland, Seattle, Denver, Minneapolis, Chicago, Detroit, St. Louis, Memphis, Cleveland, Baltimore, Philadelphia and countless other U.S. cities.
But without a doubt, L.A. is particularly disgusting at this point. In fact, last weekend a columnist for the Los Angeles Times admitted that “Los Angeles has become a giant trash receptacle”…
A swath of Los Angeles has devolved into a wasteland with rats scurrying among piles of decaying garbage and squalid tent cities, according to a series of stomach-churning photos that the Los Angeles Times says depict the “collapse of a city that’s lost control.”
“The city of Los Angeles has become a giant trash receptacle,” columnist Steve Lopez complained on Sunday.
We are seeing this happen at a time when we are being told that the U.S. economy is still relatively stable.
And I will concede that point. Right now, the U.S. economy is a whole lot more stable than it will be in the months ahead.
So if things are this bad already in our major cities, what are those cities going to look like once we get deep into the next economic downturn?
On Friday, the Labor Department reported that 75,000 jobs were added to the U.S. economy in May. That number is consistent with the extremely disappointing figure that ADP reported a few days earlier, and it is well below the number of jobs that we need just to keep up with population growth each month.