dystopia
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| The future of America in 2025 , welcome to Shanty Town. |
In a few days it will be the year 2014 . As the new year swings in . Over a million people will loose their unemployment insurance , and after reading the newspaper , those people are likely to end up homeless unless congress votes to extend those benefits . One thing I learned is that regardless how good the DOW looks at 16,000 . It's sure enough masking the real situation in America . The word Dystopia is the opposite of utopia where imaginary place where people lead dehumanized and often fearful lives . I would say economic fears are on the horizon . The big clues have been since 2007 where the whole housing and banking system nearly crashed , even with all the government bail outs affording a home is becoming harder to own still . No house in America
( such places as California ) won't sell under 100,000 . The market value has shot up the price of homes that once sold ( and still worth ) at 78 ,000 built in the 1960's now are sold nearly 1 million dollars on 30 year fixed mortgages . Tougher still is you can't exactly own anything anymore , you have to borrow to pay a loan with good credit , and worse most Americans are renting what they should own . Cars for example they are priced exactly what a house cost in the 1970's , you have to get a loan to buy a car . Again you have to have credit . Most Americans these days are finding themselves with any line credit . If you rent a town-house or apartment the monthly rent is over 2,000 dollars anyway . The American economy is really sick , besides the 17 trillion debt . There is a persistent warning sign that most politicians are ignoring . They are ignoring the vary people that they capitalize on to sustain them in taxes. Five years into the Obama presidency, we are further from the Great Recession but also closer to a new normal—economic dystopia.Yes, the unemployment rate has edged down to 7.6 percent, but America is well on its way to becoming a nation of part-timers and full-time temps. According to the Bureau of Labor Statistics, the number of involuntary part-time workers rose by 322,000 to 8.2 million in June, while the ranks of temporary-help services employees have swelled to a record 2.68 million. Meanwhile, the employment-population ratio, the percentage of adult Americans who hold a job, has dropped nearly 2 percent to 58.7 percent since Barack Obama took office.Remarkably, both political parties are accommodating to this new reality of “Brazilification,” a term coined by Douglas Coupland in his 1991 novel Generation X and defined as the “widening gulf between the rich and the poor and the accompanying disappearance of the middle classes.” On a good day, Brazilification looks like the Metropolitan Museum of Art’s Costume Institute Gala, a party for the well-heeled, well-dressed, and well-coiffed under the dazzle of blinding lights. But, on a bad day, Brazilification is bankrupt Detroit, post-Katrina New Orleans, or the shuttered mining and mill towns 24/7, except bleaker. While this decade in the new millennium should be about the pitfalls of an impending economic collapse to avoid . I don't foresee any recovery from the government . The next decade of 2020's is sure to bring the economic worries of 2008 in the spotlight again , the hardships of the next decade could perhaps bring collapse of the entire American system . If history continues to repeat itself, we can expect a violent upheaval in the United States in a few years. Peter Turchin, an ecologist, evolutionary biologist and mathematician at the University of Connecticut. "My model suggests that the next [peak in violence] will be worse than the one in 1970 because demographic variables such as wages, standards of living and a number of measures of intra-elite confrontation are all much worse this time," But we might not be so lucky this time around. If Turchin's model is right, then the current polarization and inequality in American society will come to a head in 2020. "After the last eight years or so, notice how the discourse in our political class has become fragmented. It's really unprecedented for the last 100 years. So basically by all measures, there are social pressures for instability that are much worse than 50 years ago."
NOTES AND COMMENTS:
( such places as California ) won't sell under 100,000 . The market value has shot up the price of homes that once sold ( and still worth ) at 78 ,000 built in the 1960's now are sold nearly 1 million dollars on 30 year fixed mortgages . Tougher still is you can't exactly own anything anymore , you have to borrow to pay a loan with good credit , and worse most Americans are renting what they should own . Cars for example they are priced exactly what a house cost in the 1970's , you have to get a loan to buy a car . Again you have to have credit . Most Americans these days are finding themselves with any line credit . If you rent a town-house or apartment the monthly rent is over 2,000 dollars anyway . The American economy is really sick , besides the 17 trillion debt . There is a persistent warning sign that most politicians are ignoring . They are ignoring the vary people that they capitalize on to sustain them in taxes. Five years into the Obama presidency, we are further from the Great Recession but also closer to a new normal—economic dystopia.Yes, the unemployment rate has edged down to 7.6 percent, but America is well on its way to becoming a nation of part-timers and full-time temps. According to the Bureau of Labor Statistics, the number of involuntary part-time workers rose by 322,000 to 8.2 million in June, while the ranks of temporary-help services employees have swelled to a record 2.68 million. Meanwhile, the employment-population ratio, the percentage of adult Americans who hold a job, has dropped nearly 2 percent to 58.7 percent since Barack Obama took office.Remarkably, both political parties are accommodating to this new reality of “Brazilification,” a term coined by Douglas Coupland in his 1991 novel Generation X and defined as the “widening gulf between the rich and the poor and the accompanying disappearance of the middle classes.” On a good day, Brazilification looks like the Metropolitan Museum of Art’s Costume Institute Gala, a party for the well-heeled, well-dressed, and well-coiffed under the dazzle of blinding lights. But, on a bad day, Brazilification is bankrupt Detroit, post-Katrina New Orleans, or the shuttered mining and mill towns 24/7, except bleaker. While this decade in the new millennium should be about the pitfalls of an impending economic collapse to avoid . I don't foresee any recovery from the government . The next decade of 2020's is sure to bring the economic worries of 2008 in the spotlight again , the hardships of the next decade could perhaps bring collapse of the entire American system . If history continues to repeat itself, we can expect a violent upheaval in the United States in a few years. Peter Turchin, an ecologist, evolutionary biologist and mathematician at the University of Connecticut. "My model suggests that the next [peak in violence] will be worse than the one in 1970 because demographic variables such as wages, standards of living and a number of measures of intra-elite confrontation are all much worse this time," But we might not be so lucky this time around. If Turchin's model is right, then the current polarization and inequality in American society will come to a head in 2020. "After the last eight years or so, notice how the discourse in our political class has become fragmented. It's really unprecedented for the last 100 years. So basically by all measures, there are social pressures for instability that are much worse than 50 years ago."
NOTES AND COMMENTS:
We have had the decade that " Greed is good" the 1990's . That attitude crashed in the years following September 11th 2001. The "decade " of 2010 to 2019 might be called the Ten years of the over 100,000 $ a year, anyone who earns that much in that decade , either single , or joint earners could possibly afford the finer things in life in America . Those people may afford the monthly mortgage , a new car . In the 2020's the American system collapsed , the stock market crash , the oil prices going up . Those earning over 100,000 a year found themselves in the "poor house" , the inflation and cost of living a decent American life is now at the hands of Millionaire and Billionaire types who bought out all the properties , and banks . Leaving most Americans living in shanty towns ravaged by crime , disease and rat infested poverty.
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