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Vast Stretches Of America Are So Depressed That They Look Like Something Out Of A Horror Movie
The Economic Collapse Blog ^ | 08/18/2024 | Michael Snyder

Posted on 08/18/2024 9:18:00 PM PDT by SeekAndFind

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To: vivenne
So the the figure you state is from 2021?

Yes. I explicitly stated that in my post #20:

When you consider that the homeownership rate in the U.S., as of 2021, stood at 65.5%, and many of [...]

I know my are[a] has a less than 50% ownership rate.

Well, believe it or not, that 65.5% ownership rate was a nation-wide figure. Believe it or not, there are major variations when the figure is disaggregated by states.

For example:

West Virginia has the highest homeownership rate nationwide at 77.8%.

New York has the lowest homeownership rate among states at 53.6%.

Within states, there are likewise variations between counties.

(Figures for the second financial quarter of 2022.)

Regards,

41 posted on 08/19/2024 5:40:54 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Vision

If things go south, the rich have the most to lose. The French aristocracy lived in big houses, lots of servants, political power, and paid no taxes. They lost their lands and heads.


42 posted on 08/19/2024 5:41:22 AM PDT by Forward the Light Brigade (. War is Hell)
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To: Hot Tabasco

I can’t disagree with that. I used to live in your town and there are far too many.

Where I live now we have 1 Walgreen, 1 CVS and 1 Walmart pharmacy. There was an independent pharmacy that just closed.


43 posted on 08/19/2024 5:44:50 AM PDT by cyclotic (Don’t be part of the problem. Be the entire problem)
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To: cyclotic
There's a Walmart approx. 3 miles NW of me, another about 2.5 miles E of me and another 7 miles E of me.....

A Home Depot. 2 miles W and another 2 miles E. and a Lowes about a mile and a half.

44 posted on 08/19/2024 5:52:04 AM PDT by Hot Tabasco
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To: alexander_busek

While I am not could not possibly be as smart as you, I do know that things vary from area to area. Sigh.


45 posted on 08/19/2024 6:13:17 AM PDT by vivenne
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To: ifinnegan

But many can’t afford drugs. They then turn to committing crimes to get money, to get drugs.


46 posted on 08/19/2024 6:31:00 AM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: ViLaLuz

I would like to see some pot shops go out of business...


47 posted on 08/19/2024 7:14:15 AM PDT by goodnesswins (DEI....Divide, Enslave, Indoctrinate.....OR ......Didn't Earn It)
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To: SeekAndFind

Let’s go Brandon!

Let’s go Democrats!


48 posted on 08/19/2024 7:19:45 AM PDT by blueunicorn6 ("A crack shot and a good dancer” )
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To: ifinnegan; All

Yes, IF you get hooked on METH, HEROINE, ALCOHOL, TOBACCO, GAMBLING, or any other vice then it makes life hard. Woe is me.

If you grew up in some place where the factory or coal mine is no longer running: MOVE. I did at age 22. I left western NY.

We have a tremendous opportunity in this country. All you have to do is work harder than most other people. In China the average person works 9 hours/day six days/week. If you do not want to do that, there are hundreds of people willing to take your job.

There are immigrants both legal and illegal that risk life and limb to come to this country. They literally travel half way around the world to get the opportunity to live here. We bitch here that some come and go on welfare. Most come here and are willing to work two or three jobs to make a living.

I personally know a man who came here legally from Jordan. He worked three jobs. He eventually bought one of the gas stations he pumped gas and detailed cars at. His two sons joined him. They eventually bought another gas station in my town. It is open 7 days a week from 6am to 8pm. He now owns a third gas station. He and his two sons have done this in seven years. He would never had this opportunity in Jordan.
FYI, he has a TRUMP sign at the station in my town.


49 posted on 08/19/2024 7:31:12 AM PDT by woodbutcher1963
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To: Vision
“The wealthy are doing just fine at the moment, but they don’t seem
to understand that much of the country is deeply hurting right now.”
They don’t care. They only care about their power.

50 posted on 08/19/2024 7:40:33 AM PDT by Bratch
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To: Jonty30

When one small group has almost all of the money it can’t circulate. Like a Monopoly game, nobody can buy anything and become slaves to the ones who own oall the stuff. It has happened before in this country, at least twice in the 30s and the 1890s.


51 posted on 08/19/2024 8:13:20 AM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
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To: nathanbedford
"A hardscrabble situation in which the rest of the country begins to look like those parts afflicted with the images described in this article means that Trump would likely be confronted with a desperate and disaffected citizenry that will turn not to the economics of the von Mises Institute but to the siren of Marxist class warfare."

We are there already, the dependent class is so many generations deep they don't know any way to live but by handouts. What is more, there just are not enough meaningful, living wage jobs in the US any longer for them to care for themselves even if they would. The dependent class is fully entrenched and not going away. It is getting bigger all the time. It is a large section of our population and fjb's flood of illegals is making it even bigger.

Making matters worse, they and state and local governments have all baked in the largess of covid relief into their budgets and expectations of life. I give you Richmond, Calif. who are fleecing Chevron to the tune of $50 million a year for at least 10 years to make-up the disappearance of covid relief moneys that have now become part of their budget. Spending is unsustainable already but there are no signs it will come under control willingly ever.

People wonder where inflation came from. Trump wrongly put it on energy prices. It comes from still too many dollars chasing too few goods. All one has to look at to see how dramatic the flood of covid relief money is, is to look at the meteoric and unprecedented growth of M1 and M2. Local groups of all stripes and small towns here simply have so much money they are still having to invent places to spend it. One local example is the county fair grounds who have now poured concrete in all the show barns with covid relief money. We never had concrete in a show barn because we never needed it. The local boys and girls club has money from covid relief to build a half-acre indoor sports building but only if someone will donate the land for it and the locals will raise money for fixtures and HVAC. Who is going to pay the operating cost for this facility? Raised unrealistic expectations, that's who.

Unrestrained spending will bring us to our knees.

52 posted on 08/19/2024 8:32:07 AM PDT by Sequoyah101 (More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
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To: equaviator
I know this will blow the minds of people here on FR but all poor people are not junkies.

I used to wonder why a bunch of people did not vote. Reading through this thread I now understand.

The democrats are not interested in them because they are not dark enough and the republicans are not interested in them because they are poor so they are all junkies.

If you are not invited to the party you tend not to go.

And this goes for blue collar workers as well.

Explains why some of them might vote for Trump (but probably not down ticket) because he is the first candidate in decades that seems to even know they exist.

53 posted on 08/19/2024 9:39:50 AM PDT by Harmless Teddy Bear ( Roses are red, Violets are blue, I love being on the government watch list, along with all of you.)
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To: SeekAndFind

This is yet another segment of the Great Replacement Project. White genocide accelerated by massive drug abuse and engineered poverty, while replacements are brought in by the tens of millions, established in cities and funded lavishly.


54 posted on 08/19/2024 10:23:22 AM PDT by montag813
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To: frank ballenger

You’re right the GOP should be running these ads nonstop. Highlight an aspect of the economy in which prices are going through the roof. Focus on ordinary people and have them report on the sacrifices they’re making. And I don’t mean the poor, dear mama bears who are complaining about the high prices they’re paying for gas so they can drive their kids to soccer practice.

I heard one of these hard luck individuals say she had to forego an “extravagant” vacation this year and had to settle for a few days in Disneyland. Wow! You mean she was still able to afford a vacation? Republicans should go to rural areas which have dead downtowns with closed stores and people out of work. Let J.D. Vance take a crew with him and interview these people. They’re not taking vacations.

Trump can stick to his stupid rallies where he brags about the tariffs he put on China and ad libs jokes about Kamala’s appearance. Whoopee! That’ll get him votes. How about visiting a fracking site in Pennsylvania and talk to the guys wearing hard hats, dirty overalls, and steel-toed boots. Ask them what they think about Kamala’s plan to eliminate fossil fuels. Put that in PA ads.

Trump is throwing away opportunities as he sticks to the same old playbook and repeats the same golden oldies at every rally. Gee, I’m really impressed that he put tariffs on China and beat old Joe in the debate.

Meanwhile, the Democrats are waving shiny new objects in people’s faces. Everything old is new again and Kamala is being packaged like a brand-new car. Most low information voters know nothing about her except what they’re learning in her television commercials which are nothing but lies.


55 posted on 08/19/2024 2:06:28 PM PDT by PA Presbyterian (Never Surrender!)
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To: cyclotic

CVS is shutting stores also. Family Dollar is going under.


56 posted on 08/19/2024 2:09:21 PM PDT by PA Presbyterian (Never Surrender!)
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To: PA Presbyterian

Insightful even though I winced at the Trump criticism which actually is part of his being averse to adaptation. He has such strong self confidence and belief in his being right that he doesn’t, to my knowledge, adapt to advice from associates.

Just waits for the world to come around to his views (the border should be shut by a Wall, criminal illegals are going to cause Hell in our cities, lower regulations will spur economic growth without inflation and Biden is a doddering fool who should not be elected in 2016). Which they did.

Do we have time for the country to figure out “Oh, no. Kamala is a fool unfit to lead us in a world of challenges.
We’re doomed.”?


57 posted on 08/19/2024 5:43:59 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Sequoyah101
I would add to your reply only the observation that rent seeking has become a way of life for wide portions of our society and enterprise. Indeed, those who do not cleverly farm the government are actually despised by those who do.


58 posted on 08/20/2024 12:26:12 AM PDT by nathanbedford (Attack, repeat, attack! - Bull Halsey)
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To: SeekAndFind

Here we go:

https://www.msn.com/en-us/money/companies/another-popular-coffee-and-cafe-brand-files-chapter-11-bankruptcy/ar-AA1p7GD7


59 posted on 08/20/2024 9:53:54 PM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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