THIS IS WHY THE AMERICAN DREAM IS DEAD …
Donald Trump recently said the American Dream was dead – and new data from the Federal Reserve backs him up.
According to the St. Louis Fed – one of the secretive central bank tentacles driving our country deeper into a sustained economic malaise – a whopping 48.8 percent of 25-year-old Americans live at home with their parents.
That’s up from 25 percent back in 1999 …
And we wonder why economic growth hasn’t topped four percent since 2000? Yeah … this would be why.
So what gives? Aside from these kids lacking a decent education, obviously …
According to the government, it’s three things …
The labor market …
The housing market …
Yeah …
In other words, three things the government has been manipulating for years …
Want to rebuild the U.S. economy? Revive the American dream? Then you’ve got to kill unnecessary government intervention in the free market …
130 comments
Scientists have tampered with the food supply so damn much that they inadvertently invented the un-cutable umbilical cord. So many with no prospects of an independent life, just hoovering around Mom and Dad waiting on inheritance.
And since Mom and Dad are supporting the little bastards until they’re 40, there is likely little inheritance left.
If they have a mom and a dad they aren’t bastards. But how would you know? You are a parent. Surely, there’s some lonely hag that’ll let you knock her up.
And that right there is another reason why the republicans are toast in 2016. The GOP isn’t addressing any of those issues. No wonder they are trying to restrict student voting.
You blame women when they get raped too, don’t you???…you IGNORANT Fuck….
The truth butthurts.
Really, really bad apparently.
Do you kiss your old lady flip with that foul mouth?
But you got homosexual-redefined marriage, expensive, worthless insurance, the government owns GM and we’ve added $9 Trillion to the deficit, paying Food Stamps, welfare and for mythical Global Warming…
He bent you stupid son of a bitches over…and CHANGED you into broke, unemployed and hopeless fools….And half of you dumb-ass bastards can’t wait to vote for that idiot, Hillary…
I’m employed, finacially stable and looking forward to the future. Couldn’t say the same at the end of 2008. Had to move from SC, though. Is it really that bad back there?
its nothing like the Clinton years but it is a whole lot better.
Did you thank Mr. Newt for running the show so Clinton did not Crash the country??? I know I do…
If we could get another Speaker like Newt…we may be able to get out of this fucking Mess Obama created with the Democrat Party…
You might be right for once. Since taking control of congress, the republicans have been part of good things. You should be proud. Passed a budget funding Planned Parenthood, helped approve a treaty with Iran, continued to keep the ACA going, etc.
No bad. Keep electing ’em.
Is that why FITSNews is telling you the economy is crashed???…You can get your abortion for free, and even sell the parts…but there are no jobs….how long can the gov’t milk us producers to keep paying for the young to sit on your asses???
I don’t get my economic information from FitsNews. That would be pointless.
What exactly are you producing? Glancing through older posts, it looks like all you do everyday is comment here. Usually incoherently. Do you drink all day too?
Typical liberal. I slap the FUCK out of your Ignorant, Cut-and-Paste, ass w/ facts…and you start talking about my posting habits…instead of the Stupid fucking Bullshit you tried to peddle in the first place.
I just asked what exactly it is that you produce…besides clicks for FitsNews?
Oh yeah, and if you are drunk while you do it?
Why so mad?
Typical liberal. You are sucking the blood, swilling a government check…and you say FUCK Er’body else…
You Democrats rob us blind…so you can feed your GREED, and the next generation, that believed in you…is hopeless (read the article, you ignorant FUCK)….and you don’t give a shit…
Wow. It’s worse than I imagined. Sorry to hear about how bad things are back in SC.
Sounds like I got out of there just in time. You sound incredibly miserable. Maybe President Trump or Carson will cheer you up a little.
*spits drink across the room*
Thanks for the report….You move to China, or Iran? They are thriving under Obama….I just hope Obama goes to live w/ you, when we finally get rid of that anti-American son of a bitch…
I am in a purple/blue state now and the economy is really jumping.
Lots of people moving here.
Actually, I’ve met a few people from SC who have moved here recently.
Weirdly enough, Every one was unemployed and on some form of government assistance.
Obama would be probably be welcome.
Federal policy is fucking everybody…why do you think Hillary is collapsing, and the people are Thrilled w/ any attacks on the Democrats and Obama???
but Hillary is not collapsing
She’s losing to Republicans in several polls…As long as you are OK w/ that, I damn sure am.
for once the truth, i’m surprised you are not choking on it. loosing in some polls and winning in others is far from collapsing
But you do admit the country is collapsing under Democrat rule…right?
Where do you get your news? Sounds like you might be mistaking a satire site for a real news page. Happens all the time. Have any links?
What are you denying (or what am I mistaking?)
I’m just curious about where you get your news from?
You have interesting take on the world.
Not trying to prove you wrong about anything.
I’m in business. I talk to advertisers, retailers and wholesalers everyday. They tell me (and have told me) the economy collapsed in 2008, and NOTHING has been done, on a federal level. to correct it. In fact, Obamacare will do significant (more) damage when it’s full-blown…
Personally my contract are Fewer, and pay about 60% for the same work as they did 7 years ago.
Also: I have a household, for which I paid a $500 utility bill in July. I had a $480 utility bill in February (short month.) The most I EVER paid before Obama was elected for monthly utilities was $280.Obama is Killing coal, regulating and fining nuclear, and WE are paying for it…
And: From 2009, until this spring, a gallon of gas has been well over $3. Except for the last 6 months or so of Bush’s last term, gas per gallon- under Bush- averaged under $2 (for 7-plus years)…
My family health insurance costs have doubled monthly…and I pay EVERYTHING at the doctor’s office, now, out of pocket. The EXPENSIVE health insurance is WORTHLESS..
Jobs: I know many people in my neighborhood who have lost their job…and have had to take much lower-paying, and in many cases PT, jobs.
In addition to that: I KNOW, because I grocery shop, food prices are Double under Obama (since 2008) compared to what they were under W.
My taxes are higher, and I’m told by my council-person…that w/ a sour economy (which I witness) local governments have less revenue flow…so htey have to get it from somewhere.
We’re in a FUCKING mess. America is not supposed to be anemic like this. We are hardworking and bold people. Obama, and the polices of the Democrats are strangling us. And all he cares about is gay marriage and hating white cops.
I don’t need some news filter to tell me what I KNOW to be true, because I see it every day.
Damn, SC is a mess, but that’s SC’s fault.
Oh well, sorry to hear how bad things have gotten there over the last several years.
You do keep electing the same people over and over, so…..
At least y’all finally got it together and took the flag down. Good job.
Maybe you’ll finally get a bowl game Clemson can play in.
Keep your head up and take care.
glad your closer to that shithole ohio . good riddance
Your ignorance is NO excuse.
You idiot you are not in business. You sit at home and play on the computer all day. You are on welfare and Medicaid. Quit lying. Quit running from what you are.
You seem to squeal most when someone presents REALITY to you…honestly.
I’d suggest you repent, and get your life right. Living in ignorance, following the corrupt, selfish, and greedy is a pathway to death, spiritually.
Get a job. Get off Medicaid. Stop taking my money you lazy POS. Stop lying. Your worthless failed blog is not being in business.
You pay a total of 400-500 a month for all utilities? If so, that’s not a big deal if you live in a house. That’s about what I pay monthly for electric, gas, phone, water-garbage-sewer and cable. If your electric bill is running you 500 a month you need a new heating and air unit.
Whahahahah about your medical insurance mine has been increasing by 10% yearly before Obama was ever elected. And my auto and home insurance has been steadily increasing for years. Thank the state Dept of Insurance for approving all these rate hikes.
Food goes up and down. Eggs are out of sight right now and Obama has nothing to do with it,
You make excuses for your god. He’s false, and you’re too ignorant to see it. Leave it at that and STFU…you’re making an ass of yourself, peddling the Bullshit.
Same thing happened to my daughter after she graduated college. Found an Okay job in Columbia that could pay the rent and bills, but not much else. She started pounding the pavement in Charlotte and found a great job with good benefits and is very happy.
the wealth these kids should be accumulating at this point in there lives has been redistributed to the top 5% and to over seas jobs over the last 3 decades and you have people like tar who are determined to keep it that way.
Just keep voting Democrat…and see how low we can go. Dumbasses.
Kids who want to work, work. Those who want to live in their bedroom until they’re 40 are lazy bastards who get the life they deserve. The parents need to enforce tough love and kick the little bastards out of the house at 18 or 22 if they are college students.
There isn’t a state in America were a minimum wage job will pay the rent.
Unfortunately, that where most college graduates have to start until they find something in their field. That can take awhile sometimes. Mix that with outrageous loan payments. I have a few friends with kids in their early twenties. They are working their asses off, looking for better paying jobs in their field and can’t afford to rent a place. They are actually helping pay the bills at home. I never hear their parents complain to me…and they definitely would. That’s just the reality for kids today. You can’t compare it to even 20 years ago. Totally different economic climate.
I’ve never met an engineer that started out at minimum wage.
Nor a nurse or rad tech.
Don’t even have to be a college grad. The trades are dying for young people to come for free training and a hell of a lot more than minimum wage. If your willing to fly the nest and travel 6 figures are paid.
ABSOLUTELY!!!!!!!!!!!!!!!!
Can the little snowflakes get a roommate or two? That’s what we did when we were that age. I don’t know one college graduate who started out at minimum wage. Maybe if you major in a liberal arts or other worthless degree I can see that being possible. The parents don’t complain because it’s likely they’re helicopter parents and refuse to admit that little Jr. or little Princess is all grown up and not their little baby anymore. Your comments are nothing more than excuses, you act like this is the first time the country has been in economic hard times.
Well, you certainly like your stereotypes. I understand. The real world is a complicated place. Playing the grumpy old man makes things easier.
Speaks the helicopter parent.
Are you a parent?
Are you a helicopter parent?
So you’re not a parent, but you want to talk about parenting?
What’s with this obsession on snowflakes for you?
What’s wrong with living in your bedroom?
Just ignore him, he doesn’t know the good life when he sees it.
When you coming over, baby?
Actually children are not living with their parents at an historically high rate. Before the 20th century, multiple generations under one roof was common. Families had to live together, as most Americans were poor.
The came the new deal middle class post WWII boom. The average American got use to success during the middle part of the 20th century. There were good jobs, factory workers were becoming successful middle class people. Unions obtained high wages for workers. The children of middle class Americans were finally going to college and becoming educated. State supported schools and the GI Bill made the cost of college reasonable. Life was good. Children did not need to live at home.
Then trickle down hit. Pretty much all the success middle class America achieved during the middle of the 20the century has been wiped out since 1980. All of that has happened almost exclusively as a result of Republican policies. Take from the middle give to the rich. Cut the taxes of the rich and cut the programs that made the average American successful.
Excellent post.
+10
So you’re saying, 7 years of Obama has set us back to the 19th Century…thank you for admitting it.
No I am saying 30 years of Republican policies have set us back to the 19th Century. Which is where the billionaires that run the Republican party want us to be. Cheap labor, desperate for work and, low taxes on the rich.
Who is the president, and gotten his way on EVERYTHING..you Blind and Dumb Fuck?
Always run from who, and what, you are…don’t you?
help with this, on the one hand you call him weak on the other you say he bulldozes over everything, call me a dumb fuck, but it seems you will say just about anything as long as it is negative towards the liberal leaning Americans
Where did I call him weak? WRONG, and weak or two different things.
you have over and over again called him weak on foreign policy?
LMAO….He’s WEAK toward our enemies…He’s strong and ferocious against the American people…he’s torn this nation up, Dumbass. You’re not THAT fucking stupid, are you?
That would be Ronald Reagan
Thank you for giving credit to the BEST president in my lifetime. Reagan’s economy lasted 20 years, until Barack Obama was elected and FINALLY ruined the fruits of it.
Reagan is a HERO…I’m grateful to you for acknowledging it.
As opposed to those poor destitute Democrat party leaders.
I bet those rich Republicans pay more taxes for fewer benefits than you do.
Who said anything about Democratic Party leaders being destitute? This comment makes no sense. Of course a rich person pays more in total dollars than a middle class person. But under our system, rich people pay less as a percentage of their income and their wealth than a middle class person. That was cemented in place during the Bush years.
Also, lets define benefits. People who own defense contracting firms get a hell of a lot of benefits from the government. People who own trucking companies get a hell of a lot of benefit for their tax dollars. That is the problem with Republicans. They want to pretend everyone benefits equally from Government. When rich people benefit a hell of a lot more than middle class and poor people.
I work, I pay taxes, but I benefit a hell of a lot less from Government than say the Koch Brothers.
Well I guess that cements your vote for Hillary.
Yes it does.
STFU you blind Dumbass. Obama got elected in 08.,…and the Country has been a Fucking Disaster Since…You’re a fucking idiot if you try to deny that.
The middle class has been losing ground since 1980. Income inequity has grown in tandem with that trend. Get a clue and stop listening to Murdock Media.
That’s Bullshit. Salaries increased -and there was more wealth in the middle class than ever under W. Bush also perpetuated almost FULL (and real) employment. You are rewriting history to cover for the Total Fuck Up, Obama is. And you’re making an ass of yourself n the process.
The biggest difference is the kids worked and helped provide for the family. Today the kids sit in their bedrooms online or on their cell phones and are a burden to the family. I know several families who have had kids leave home and make it out on their own, some went to school, some went to work.
Hog wash. There are plenty of kids who help out. They are not all sitting in their bed rooms on cell phones. Most do not want to live at home. They have part or full time jobs working as waiters, waitresses, day cares, etc. Many do have minimum wage jobs. Minimum wage is 30% lower today than it was in the 1960 and 70s. Most kids are not living at home permanently. Also, many families who cannot afford to send their kids away to school, because their good job was outsourced, are having them stay home and go to local colleges and tech schools.
what does every young man want? lots of pussy, i’m sure most young men would do anything to get out of the house. hard to get laid when you have to say you live with your mom.
Shit, most kids today don’t even get excited about getting their drivers license. When is the last time you have heard about a high school keg party? There’s no time for either, if they want to communicate with their friends they just get on Twitter or Facebook… from their bedroom at their parent’s house.
Nobody here is in high school. How would we hear about a ‘high school kegger’?
So they sit on their computers online all day
JUST LIKE YOU.
Nobody here has kids in high school?
I get paid to be on the computer all day… they don’t.
Sure you do.
Sounds like you might be a entitled millennial.
Sits at home all day, on the computer arguing with stranger about nothing.
Well, they probably are having real conversations with people they actually know.
I’ve got about 10 more years before I can sit home all day.
Text conversations?
Whatever, you childless, womanless, jobless goof.
Yeah, my kids are going to tell me when they go do some illegal underaged drimking.
You clearly don’t have any.
when i was a kid it was legal to drink and drive, i remember having a cold one in my lap at license check, parents would open up their lake house or beach house for a party with the rule being everybody stay off the road. the logic was we were going to have keggers anyway, better we stay in one place than go off some where and be driving all over the place.
You must have hung out with the rich kids… everyone has beach houses or lake houses.
So your kid has never come home drunk or at least with signs of having been drinking? Did your parents know you’d been out drinking?
when we were kids, they did’nt put the parents in prison that allowed the kids to have one in the back yard.
I don’t recall one parent ever providing me or my friends a keg party growing up. Does the mother also put out for the boys at these keg parties?
we had our keggers where parents turned a blind eye, like at their river house or beach house, where did you have your keggers and did your mother put out for friends?
We tended to have them at a lake or abandoned farmstead. No need to bring my mother into it, she wasn’t there like yours was.
you opened the door with the mother putting out question, i’m sure your mother was a fine woman, i was just pushing back because i get tired of your getting tacky out of nowhere, my post did not warrant your mother putting out comment.
Wah, wah.. .little bitch can sling mud but can’t take it when it’s thrown back in your face. You are an ignorant, like ass loser.
How would you know? You don’t have any kids.
You seem to act like an expert on parenting though.
I bet you don’t even have a job.
Bullshit, at home they have a personal cook, maid, no rent/mortgage or utility payments and aren’t expected to help out. Why are they taking minimum wage jobs? There are decent paying jobs out there for anyone who wants a job. Problem is kids don’t want to work, or want to start out in the Executive Suite, because anything below that is considered demeaning to them.
Look at some of the higher manufacturing companies around Columbia, Siemens recently stated that they have to go out of state to fill positions because they can’t find qualified employees to fill positions in SC… and we’re talking about jobs that start out at $40-$50k. Midlands Tech has two year programs for HVAC techs, welders, nursing, CISCO network administration… many with internships. But nope, gotta go to USCe and get a degree in Sports Management or Sociology instead.
I doubt the kids spend a fraction of the time online that you do.
What a dipshit hypocrite.
Considering that I spend 8 hours a day online in one fashion or another, I may spend more time online than they do. But I also get paid very well to be online, how much do they get paid to be online?
Like a college graduate couldn’t have your fake online job?
Nice try. Not really
Hey, dumbass. When you have some kids of your own, come back and tell us how it is.
Until then STFU, loser.
hey fuckstick get your mommas tit out your mouth. the only kids you got are the one you drop off at the pool every mornin. go jerkoff in your mommas basement. idiot
My sister-in-law graduated and lives at home. She totally pays her share of the rent. She’s about to move out to her own place. She is definitely not lazy, at all. Her boyfriend is doing the same thing. They both just needed some time to get things together. You are stereotyping a diverse group of people. Just because kids need a little time doesn’t mean they are lazy video game players. In your own comment you call kids lazy and then turned around and say you know many kids who have left home. Which is it?
This article talks about the number of kids who stay at home. I’m saying that I knew several kids who have left home and not used the excuse that they just can’t make it. They could make it if they didn’t have to have their necessities… latest smart phone, BMW payments, unlimited money for eating out, latest Playstation game, etc.
Your thoughts sound like the old chestnut poor people aren’t poor because they have a refrigerator, popular tennis shoes or a color tv. I’ve always thought with that line of logic then everyone not living in a tent is super wealthy.
Even better. He’s not even a parent. Probably some 40 something loser.
Sits around on the computer all day. Playing the angry white guy.
?
It’s our fault. We gave them everything they wanted. Why should they move out, they got their xBox, cable, wifi, laptop, iPhone, there’s munchies in the fridge, and the cops won’t shoot ’em for smoking a bong hit in the bathroom.
I can’t thumbs up you enough!
Housing market is bad? Hmmm…I just got a contract on my house for sale in 6 days, after a year to year 7% increase in price.
Thank GT I don’t live in Columbia.
7% more?…after the avg. home price has dropped 30% under Obama….
You still lose 23% of your total wealth…you must be a student of Obama-nomics if you are jerking off over that deal…you fucking Democrat Dumbass.
Home prices crashed under Bush not Obama. Remember the Bush mini-depression. The home price crash was 2006 to 2009, dumb ass.
Obama was elected in 2008. House prices CRASHED in 09 thru 12. And really have never recovered.
And the reason they crashed was the Democrat-Clinton initiative known as the Community Reinvestment Act..that forced banks to make bad loans, based on home-owner equality instead of good sense. Banks either gave the money away, or faced Race-Hate penalties from liberal politicians. Look at what it did to Detroit…and other leftwing hellholes…
Bull shit. You can’t rewrite history. Only an idiot does not know the real estate market peeked in 2006 and went down hill from there until the market turned around under Obama. You are stupid. Banks were never forced to make bad loans. The collapse in real estate resulted from the collapse in the economy.
Educate yourself…you hoplessly ignorant Fuck..
http://www.businessinsider.com/the-cra-debate-a-users-guide-2009-6
When Reality slaps the shit out you…you just make shit up, don’t you?
What a total idiot you are. You take an article from a right wing rag and pretend it is not biased and looking for excuses for the Bush fuck up. Even worse its dated 2009 and talking about the real estate crash, which shows you don’t know what the hell you are talking about. The crash occurred under Bush you fool. Your own article proves it.
You can’t teach a FOOL…you prove that. You’re too fucking stupid to learn. Stay ignorant, so the Democrats will still love you…
Dude, your own link proves you wrong.
Glad you don’t vote. It would be too hard for you.
The link was for you Dumbass. I know history. I don’t need for myths to be fed to me, like the dolts of the Democrat Party…
I have an ailing loved one and a tough evening.Just read your comments on this thread and I thank you for putting a smile on my face tonight! Brilliant and funny.Ya piss em off to the point they can do nothing but humiliate themselves.
Thanks flip. I pray all will be well in your personal life. I don’t think these immature, unaccountable and reckless liberals have any idea how much more stress and difficulty they add to the lives of the responsible people, who make this country work, so they can play.
Sadly, I’m afraid we’ll have to have a major crash before the more-intelligent and industrious of us, can get any political redress. Right now we’re being governed by ignorance and hate perpetuated by bad people…
GT/TArevolution/Flip. Really, the Sybil stuff is starting again. Go and take your meds. We all know you are the same person. If you want to carry on a conversation with yourself do it in your on basement. Get a job.
i wish you would do the same
I think you missed it there, sport. I said year to year 7% increase; I’ve been here 4 years and that’s 28% more than i paid for it.
Yeah, I’m pretty pleased with that.
So you’re one of the GREEDY-Bastard manipulators who bought someone’s home at FIRE SALE prices, imposed by the Rotten Obama economy…then fucked some poor under-paid family, struggling under the misery state of America, because of an inept president???..
Thanks for telling us what a low-dog piece of Selfish Shit you are…
And yet another swing and a miss.
I don’t live in shitville, USA like you do apparently. Unless the builder was giving it away, and i highly doubt that, my house appreciated.
Just because you live in some hovel in a slum and can;t give away your dwelling, doesn’t mean everyone does.
How long can Obama take OUR money to pay his voters to sit on your lazy asses?
You are on Medicaid and welfare you don’t pay taxes you idiot.
Like you? I Don’t know, tell us.
bunch of slack asses .vote democrat and u wont have student loans
?
Stupid is…