Pocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle Class In America

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All over America, the middle class is dying and poverty is on the rise.  One of the primary reasons for this is the rapidly rising cost of living in the United States.  The cost of just about everything that average families shell out money for on a regular basis – food, rent, health insurance, etc. – is rising much faster than wages are.  In a previous article I noted that the federal poverty level for a family of five is $28,410, but 51 percent of all American workers are making less than $30,000 a year at this point.  We have seen an explosion in the number of people in this country that are considered to be “the working poor” and it gets worse with each passing year.

One of the most frustrating things for me personally is the rising cost of health insurance.  Barack Obama promised that his program would result in a decline in health insurance premiums by as much as $2,500 per family, but in reality average family premiums have increased by a total of $4,865 since 2008.

Just recently, I got a letter informing me that my health insurance premiums would be going up by close to 20 percent in 2016.  That is on top of an increase of more than 30 percent in 2015.  Sadly, the exact same thing is happening to millions of other families all over the nation.  The following comes from TruNews

The Obamacare increases for 2016 have been released. Premiums will increase 3 times faster than officials claim.

Every state is different. Every insurer is different. New Mexico residents, for instance, can expect increases of 8 to 40 percent for the second-lowest cost silver plan. But for people in other states, including Arkansas the cost will increase less than 4 percent. Overall the average increase is 20.3 percent, according to analysis by The Daily Caller News Foundation, instead of the 7.5 percent originally asserted.

And of course it isn’t just health insurance.  Every time I go to the grocery store I am stunned by the prices.

They often try to hide the price increases so that we will not notice them.  Sometimes when I go food shopping I notice that some of my favorite things are “on sale”, but the sale prices are what the old “regular prices” used to be.  And food companies just keep shrinking package sizes, but the amount we have to pay stays the same or goes up.

Unfortunately, our food dollars are never going to stretch any farther than they do right now.  Thanks to erratic global weather, food prices are quickly moving higher.  In fact, according to the Crux global food prices just rose by the most that we have seen in three years…

The effects of El Niño are starting to reach the dinner table, with global food prices rising the most in three years on supply concerns for everything from New Zealand milk to sugar in Brazil and Southeast Asian palm oil.

An index of 73 food prices increased 3.9%, the biggest jump since July 2012, to 162 in October, the United Nations Food & Agriculture Organization wrote in a report Thursday.

The return of the El Niño weather phenomenon is changing weather conditions around the world, damaging crops with too much rain in some areas and not enough in others. The price of sugar increased more than that of any other commodity in the FAO report, soaring 17 percent, the most since September 2010. Excessive downpours in Brazil, the world’s largest producer, have slowed harvesting and reduced the amount of sweetener that can be extracted from cane.

As a result of this relentless squeeze on our pocketbooks, tens of millions of families are struggling to pay the bills from month to month, and the middle class is continually getting smaller.  As the middle class shrinks, poverty is growing and more Americans are becoming dependent on the government than ever before.  The following numbers come out of one of my previous articles entitled “21 Facts About The Explosive Growth Of Poverty In America That Will Blow Your Mind“…

#1 The U.S. Census Bureau says that nearly 47 million Americans are living in poverty right now.

#2 Other numbers from the U.S. Census Bureau are also very disturbing.  For example, in 2007 about one out of every eight children in America was on food stamps.  Today, that number is one out of every five.

#3 According to Kathryn J. Edin and H. Luke Shaefer, the authors of a new book entitled “$2.00 a Day: Living on Almost Nothing in America“, there are 1.5 million “ultrapoor” households in the United States that live on less than two dollars a day.  That number has doubled since 1996.

#4 46 million Americans use food banks each year, and lines start forming at some U.S. food banks as early as 6:30 in the morning because people want to get something before the food supplies run out.

#5 The number of homeless children in the U.S. has increased by 60 percent over the past six years.

#6 According to Poverty USA, 1.6 million American children slept in a homeless shelter or some other form of emergency housing last year.

It has become exceedingly clear that “the American Dream” is dying and that the future is not very bright for “ordinary hard-working Americans”.  I like how Rupert Cornwell described this in one of his recent articles

The politicians still prattle on about “helping hard-working Americans” and “restoring the American dream”. But even as instinctively optimistic a breed as the Americans now believe they are being sold a bill of goods. What dream? The reality is that no longer is it a hard-working blue-collar American’s birthright to live better than his parents. Most probably, he or she will be worse off.

You might be one of those Americans that has fallen out of the middle class and into poverty.

Even in the midst of this so-called “economic recovery”, large numbers of formerly middle class Americans are losing their jobs and losing their homes.  And a surprising number of them end up either living in their vehicles or living in the streets.  The following comes from a recent article by Joshua Krause

On any given night in America, there are over a half a million people living on the streets or in their vehicles. As you can imagine, that’s not a good place to be in your life, but it happens. If you think that this is something that might happen to you one day in the near future (and who are kidding, it could happen to anyone these days) here’s a word of advice: Don’t wait until the last-minute, hoping for that next job interview to come through as you burn through your savings. If homelessness is a real possibility in your life, it’s something that you should be preparing for, not waiting for.

The more money you have at your disposal when you decide to leave your home, the easier your life is going to be without a house. If you have no money, you’ll be living on the streets with little more than the clothes on your back. It’s better to put your savings towards a van or a truck that you can live in. Unlike living on the streets, you can actually maintain a fairly decent standard of living with very little money.

When I was growing up, it seemed like just about everyone in my entire high school was part of the middle class.  But things have changed dramatically in America since that time.  Today, the middle class is being absolutely eviscerated and our “leaders” don’t seem to care.

So is there a way out of this mess?

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Contributed by Michael Snyder of The American Dream.

Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream , The Truth and Economic Collapse Blog.

Wake The Flock Up! Please Share With Sheeple Far & Wide:
  • doucyet

    The explosive growth in poverty is a direct result of Washington’s policies………nearly all of them. Foreign and domestic.

    • nlightened2

      Agreed. This obola administration is following the communist text book on how to destroy the middle class to the letter. Example:
      ” The way you destroy the middle class is by crushing them between the millstones of taxation and inflation. ” Vladimir Lenon – Founder of Russian communism
      The printing of trillions of dollars has caused this inflation we’re seeing. And if you don’t think health care premiums are a tax… Well just don’t pay them and find out. If it is a forced payment then it is a tax. Premiums are voluntary, not forced.
      Taxes by another name is just playing a name game.

  • I just g0t pa!d $ 7854 work!ng off my lapt0p this month. And if you think that’s cool, my divorced friend has twin toddlers and made over $9k her first month. It feels so good making so much money when other people have to work for so much less. This is what I do,

    ===>>> Visit my РŔŐŦĨĹĔ

    35

    • RE

      You fuc king spam bastrards

      • NonYo Business

        Fat slobs need jobs too bro…

  • Donna

    but

    but

    obola tells us there is no inflation

    he would never lie to the AmeriKan people now would he ?

  • Mike

    The liberal regressive NWO plan to destroy America. They have to kill off the middle class first.

    • nlightened2

      It follows the Marxist and communist manifesto to the letter. They are just calling their agenda by the different names you mentioned.

  • whiteberry

    Oppression is harder to come by if people are self-sufficient… its all by design.

  • Helluva3ngineer

    The banks have stolen the people’s wealth. The people don’t seem to care however, so I have a very hard time feeling bad for them.

    • gato felix

      They don’t care? And why should they? hell they got the NFL, UFC, NBA, DWTS, Baseball, and the newer and latest Iphone on da block to keep them “happy” and immune to the financial devastation brought to them by wall st.!! and there buddies at the FED!!!

      • nlightened2

        “Entertainment is the opiate of the people.” Then add in the actual drugs and alcohol and you will see an almost completely apathetic people. Sad really.

        • gato felix

          Correct!!

  • RE

    Every f u( king time I walk into a 7 – 11 or a food store, the fu(king prices are EXPLODING! wHY? You all are fu( ked…

    • Pork Steak $1.99 here , 2.5 liter Shasta $1.00 , $3 for 10lbs potatoes,

      • sunshine

        Can I ask what state? It’s not cheap here, despite being the Deep South and us being a cattle state and a pretty much year round agricultural state. Try getting a Florida orange in FL, it’s really hard! I think it’s because they take the local foods and ship them overseas…while importing Chinese and foreign crap for us to eat.

        • Near Ohio. The geese are heading your way right now ! I’d like to join them.

          • sunshine

            Lol I’ve seen some flocks already! Hopefully it’s not too cold yet….

    • Maddog

      Most sheep don’t see it because many times the price remains the same and the box or weight is reduced. With the education they get in school minor subtraction is impossible. Hell to get them to turn off the cell phone and even look at the price is to much of an effort.

  • Nexusfast123

    Wait until the Dollar craps itself. Much of the US will become third world overnight as the cost of raw materials, products, food, etc, jumps massively in cost – who knows how much (50% to 70%+).

  • RE

    Hello! Wake up call:

    THE “MIDDLE CLASS” IS NOT DIEING. ITS DEAD.]

    ASSHOLES…

  • AmericanCitizen

    “Barack Obama promised that his program would result in a decline in health insurance premiums by as much as $2,500 per family, but in reality average family premiums have increased by a total of $4,865 since 2008.”

    You don’t understand Liberal math or logic. Premiums should have gone up $7,365. Since they only went up $4865, you saved $2500. Get it?

    • Donna

      he lied

      TAQIYA the end justifies the means

      • nlightened2

        You’re such a brain Donna. Thank you

  • NonYo Business

    Thank you Uncle Sam

  • gato felix

    And out government through military intervention all over the world, wants to bring democracy to them, GOD help them!!!

    • and we aren’t even a democracy,,,,, but the demon spawn in pretend gov’t office keep saying that’s what the world needs

  • jim_robert

    For the life of me, I still don’t understand why people don’t sign up for health sharing plans – Samaritans, Christian Healthshare, Liberty (what I use) and others. I get IDENTICAL coverage to what I would have got under COBRA, but instead of paying 1000 a month for my wife and I, it’s 300.

    • Helluva3ngineer

      Ha. I’d have a fun time convincing my brainwashed wife that this is what we need to do.

      “But you need medical insurance…”

    • sunshine

      How on Earth does that work??

  • James

    Except for major medical it is not worth having. A visit to the doctors office is only U.S. $5 to $7 dollars. On the local level food is still cheap. But that imported stuff Turkey $10 a lb. Ham $7 a lb. I can see why Americans can not afford to eat well. I think I will stick to spiny back lobster at $1.50 a lb. and pork at 3/4th a dollar a pound here.

  • masterblaster

    We need opposition party to earn their pay and impeach the muslim traitor

  • Author recommends living in a van or truck.
    Any details for mail? heat? shower? outhouse? fridge? stove? tech charger? communications? kids rooms? wife’s walk-in closet? pantry? arms? ammo? washer / dryer? tool storage, private estate records? printer? fishing gear? hunting , trapping, snaring gear? Lawsuit basics for suing public officials monthly? TV viewing : especially Hogan’s Heroes and Hallmark channel?

  • YeahRightOkay

    …this was a good article…until ‘climate change/global warming’ was brought up….

  • elizabeth croninger

    Sorry, it’s going to be socialism, food and medical will be rationed? Very little housing built meanwhile these large mcmansions built in the 90’s with balloon morgages will go derelict. Certain areas of this country will be uninhabitable.

  • Maddog

    What good is health insurance when the deductible is 10,000 dollars. That’s why they made it illegal to go without. No one in their right mind would pay for something they can’t afford to use.