Obama’s Middle-Class Squeeze-Out

The crushing of America’s Great Middle Class continues apace with new statistics on the soaring death rate among middle-age whites. But the pattern is also visible in Greenwich Village where middle-class life is being squeezed out by the luxury of the One Percent, writes Michael Winship. By Michael Winship The Chinese restaurant across the street […]

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Did You Know That The Obama Regime Is Bribing Businesses To Hire Foreigners Instead Of Americans?

The Obama administration dangles $12,000 bonuses in taxpayer money to American corporations that hire foreign students. Washington Examiner  The Department of Homeland Security is readying a plan to expand a program that pays U.S. employers to hire foreign STEM students taught in America, a move that could end up punishing American college grads and even the […]

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Goodbye Middle Class: 51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

By Michael Snyder We just got more evidence that the middle class in America is dying.  According to brand new numbers that were just released by the Social Security Administration, 51 percent of all workers in the United States make less than $30,000 a year.  Let that number sink in for a moment.  You can’t […]

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McDonalds is in deep depression and facing its final days

McDonald’s franchisees believe the brand is in a “deep depression” and could be facing its “final days,” according to a new survey. “We are in the throes of a deep depression, and nothing is changing,” one franchisee wrote in response to the survey by Nomura analyst Mark Kalinowski. “Probably 30% of operators are insolvent.” Another […]

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Wal-Mart’s Worst Stock Crash In 27 Years

Now that a major global recession has begun, you would expect major retailers like Wal-Mart to run into trouble as consumer spending dries up, and that is precisely what is happening.  On Wednesday, shares of Wal-Mart experienced their largest single day decline in 27 years after an extremely disappointing earnings projection was released.  The stock […]

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Right Now There Are 102.6 Million Working Age Americans That Do Not Have A Job

By Michael Snyder The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation.  For the month of September, the federal government told us that 142,000 jobs were added to the economy.  If that was actually true, that would barely be enough to keep […]

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