by Michael Snyder
End of the American Dream
The tremendous chaos that is gripping communities all over this country did not emerge out of a vacuum. For years, poverty and homelessness have been on the rise. According to a recent report from Harvard University, the number of homeless Americans has increased by almost 50 percent in less than a decade. Meanwhile, the ranks of the poor have been growing as the middle class has been eroding. Today, approximately 40 percent of the entire U.S. population is considered to be either living in poverty or among the “working poor”. According to Wikipedia, the bottom 50 percent of the U.S. population only has 2.6 percent of the wealth. And that number is from 2021, and so things are almost certainly even worse today. All of this economic suffering is helping to fuel a deeply alarming explosion of theft and violence in our major cities, and our leaders don’t seem to have any solutions.
Everyone knows that homelessness is out of control in large coastal cities such as Los Angeles and New York, but we are seeing the same thing happen in the middle of the country too…