Taxes Are Going To Go UpThere will be different tax increases in 2013. According to CBS News, these tax increases would be very painful for the middle class. Of more immediate concern is the Alternative Minimum Tax. Many Americans have never heard of the AMT, but it is truly one of the worst things about our tax code. According to one analysis, households that are forced to pay the AMT will end up paying an extra $3,700 in taxes.
The Economy Will Continue To Get Worse
Despite all of the talk in the mainstream media and from our politicians that our economy is getting better, the truth is that the U.S. economy continued to decline in 2012. If you doubt this, just read the 75 statistics in this article. And there are a whole host of signs that the economy is starting to slow down even more as we enter 2013. For example, consumer confidence in the United States has experienced its largest two-month drop in over a year, and retail sales during the holiday season turned out to be quite disappointing.
We continue to see millions of jobs being shipped out of the country. The beautiful product that you buy at the big retail store may have been made by someone working in some of the most horrific conditions imaginable. A 42-year-old woman named Julie Keith recently found this letter inside a box of Halloween decorations that had been made in China...
"If you occasionally buy this product, please kindly resend this letter to the World Human Right Organization. Thousands people here who are under the persecution of the Chinese Communist Party Government will thank and remember you forever.
People who work here have to work 15 hours a day without Saturday, Sunday break and any holidays. Otherwise, they will suffer torturement, beat and rude remark. Nearly no payment (10 yuan/1 month).
People who work here, suffer punishment 1-3 years averagely, but without Court Sentence (unlaw punishment). Many of them are Falun Gong practitioners, who are totally innocent people only because they have different believe to CCPG. They often suffer more punishment than others."Good paying jobs that used to be performed in America are now being performed by slave laborers on the other side of the planet. And most Americans continue to support this system by filling their shopping carts with lots of stuff that has "made in China" stamped on it. At the same time, small businesses all over America are being strangled to death by taxes and regulations. Just consider the following numbers from a previous article.
According to an analysis of U.S. Department of Labor data performed by economist Tim Kane, there were almost 12 startup jobs per 1000 Americans back in the year 2006. By 2011, that figure had fallen to less than 8 startup jobs per 1000 Americans.
Hunger And Poverty Will Continue To Explode To Unprecedented Levels
As the U.S. economy bleeds jobs and loses small businesses, the number of Americans living in poverty continues to explode.
- Families that have a head of household under the age of 30 have a poverty rate of 37 percent.
- According to U.S. Census data, 57 percent of all American children live in a home that is either considered to be "poor" or "low income".
- For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year.
- About 17 million Americans were on food stamps back in the year 2000. Today, more than 47 million Americans are on food stamps.
- Back in the 1970s, about one out of every 50 Americans was on food stamps. Today, about one out of every 6.5 Americans is on food stamps.
Millions Of Americans Are About To Lose Their Unemployment Benefits
During this economic crisis, an unprecedented number of American families have been relying on unemployment benefits in order to stay afloat. Millions of Americans will shortly lose those benefits.
Infrastructure Will Continue To Rot And Decay
The United States once had the most beautiful infrastructure in the entire world. Well, now we don't even have enough money to repair what we already have, so our infrastructure will continue to rot and decay in 2013. Highways and bridges will need $2.5 trillion in upgrades if they are to survive for another 50 years. And that figure doesn't even take into account the airports, railroads, subways, sewage-treatment plants, waterworks, levees, electric grids, pipelines, and all of those other expensive systems that people ignore until they break down.
A lot of our major cities are also rapidly degenerating. More than 50 percent of all children in Detroit are living in poverty, and close to 50 percent of all adults living in the city are functionally illiterate. The high school graduation rate in Detroit is down to about 25 percent, and the city has become a breeding ground for gangs and violence. The number of murders in Detroit is already higher than last year, and recently groups of young men toting AK-47s have been running around robbing gas stations. How much worse can things possibly get for Detroit?
State And Local Governments Will Find Ways To Squeeze Even More Money Out Of Us
In case you haven't noticed, state and local governments all over the country are bleeding cash and are desperate for money. In 2013 you can expect them to continue to find more ways to squeeze even more money out of all of us.
Drug Cartels Will Continue To Easily Cross Our Borders And Terrorize Our Citizens
The federal government continues to refuse to protect our borders, and that means that drug runners and gang members will continue to pour into the United States.
Down in the Southwest, many ranchers are being absolutely terrorized by these criminals. The following is from a recent NBC News article:
Just before nightfall, 73-year-old rancher Jim Chilton hikes quickly up and down the hills on his rugged cattle-grazing land south of Tucson, escorting two U.S. Border Patrol agents.According to government figures, Mexican drug cartels are actively operating in more than 1,200 U.S. cities right now. They are probably hard at work in the community where you live.
He wants to show them the disturbing discovery he made earlier in the day: a drug-smugglers' camp on his private property. Stacked together under a stand of trees are blankets, jackets, food, water, binoculars and bales of marijuana from Mexico wrapped in burlap. The smugglers, themselves, are nowhere in sight and are believed to have fled the area, which is about 10 miles north of the Mexican border.
Social Decay Will Continue To Accelerate
"20 Shocking Examples Of How Sadistic And Cruel People Have Become".
Violent crime in the United States increased by 18 percent in 2011, and another huge increase is expected when the numbers for 2012 come out.
Global Food Supplies Will Continue To Dwindle
Did you know that for six of the last eleven years the world has consumed more food than it has produced?
As a result, global food reserves have reached their lowest level in almost 40 years.
Wall Street Will Continue To Resemble A Giant Casino
Our financial system seems to have not learned any lessons from the financial crash of 2008.
Instead of admitting their mistakes, they just continue to engage in even more reckless behavior.
Today, there are four major U.S. banks that each have more than 40 trillion dollars of exposure to derivatives. At some point that house of cards is going to collapse and we will be facing a derivatives crisis of unprecedented magnitude.
The U.S. National Debt Will Cross The 17 Trillion Dollar Mark
In 2013, our national debt will blow past the 17 trillion dollar mark and start heading toward 18 trillion dollars.
During the first four years of the Obama administration, the U.S. national debt has grown by about as much as it did from the time that George Washington took office to the time that George W. Bush took office.