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[Cobra478]

Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School


Amid a worsening fiscal crisis, a crumbling economy, and the destruction of over 40% of America’s wealth in just the last few years, it should be quite clear that this is no ordinary recession. In fact, with progressively dwindling job opportunities, a long-term downward trend in real estate prices, and the near doubling of participation in emergency benefits programs like food stamps and disability, one could make the argument that the United States is smack-dab in the middle of the next Great Depression.

The notion that we are potentially facing a decades-long paradigm shift which threatens to alter the very fabric of American life is becoming a stark reality for many, especially America’s younger generations who, according to a new report from the Annie E. Casey Foundation, are experiencing the highest jobless rates since at least World War II:

More Plus Comments At The Link: http://www.shtfplan.com/headline-news/w ... l_12042012

[Grandma Lynn]

And yet, HE was voted in!

[Cobra478]

And yet, HE was voted in!

There is no recovery this time. Best to collapse this phoney economy and start over again.

[Cobra478]

As people have said expect to be part time from full time because of "Obama's ZeroCare". And many more will be layed off as we approach 2014. 2013 is really going to be ugly.