Is America in Terminal Decline?

The twin housing and banking crisis in 2008 sparked off hitherto unseen consequences which are still to be understood. For the first time ever in America the middle class faced problems that were previously reserve of the true poor-homelessness and hunger while drastically shrinking urban budgets led to near 3rd world situations.
In LA,inner city schools reported shortages of everything from textbooks to chalk,widespread use of cars as temporary homes encouraged by a statewide night 'safe parking' program in churches and  homes now worth as little as 20% of precrisis value.

Each evening, 150 people in 113 vehicles spend the night in 23 parking lots in Santa Barbara. The lots are part of Safe Parking, a program that offers overnight permits to people living in their vehicles

Read more: http://www.rollingstone.com/culture/news/the-sharp-sudden-decline-of-americas-middle-class-20120622#ixzz24RbkRSpX

Since the crash figures have been massaged and outright faked to provide at least the illusion of much-needed growth. Its not working. Now,there are hundreds of Kiberas all over the US;tent cities full of formerly middle class office workers surviving on friends,assistance programs and the grace of God.

This is the brutal face of the new economy revealing the new realities:from Sacramento,to Reno,Milwaukee and even Honolulu,informal or semi formal (depending on local authority permission) tent cities are now normal.

The following are 40 facts about poverty in America that will blow your mind....

#1 In the United States today, somewhere around 100 million Americans are considered to be either "poor" or "near poor".
#2 It is being projected that when the final numbers come out later this year that the U.S. poverty rate will be the highest that it has been in almost 50 years.
#3 Approximately 57 percent of all children in the United States are living in homes that are either considered to be either "low income" or impoverished.
#4 Today, one out of every four workers in the United States brings home wages that are at or below the poverty level.

 http://theeconomiccollapseblog.com/archives/100-million-poor-people-in-america-and-39-other-facts-about-poverty-that-will-blow-your-mind
This deepening socioeconomic malaise explains  a new phenomenon;why many Africans are finally returning. Kenyans,Ethiopians,Nigerians and Ugandans are coming back in droves meeting local human resource needs often supplanting foreign expats. One returnee from California frankly said,"the way things are I don't see America existing in another 20 years."
The old political economic models have been tried and abandoned. Outsourcing,resource wars,regional domination worldwide and the support of national leaders as Washington proxy no longer work-or could it be that particular paradigm led to this current disastrous abyss?
Possibly,likely even,but one thing is certain;the old America,beacon of hope,symbol of freedom and economic advancement may very well be gone forever.
Related:http://karanjazplace.blogspot.com/2012/09/lights-camera-bullshit-dnc.html

http://karanjazplace.blogspot.com/2012/08/why-obama-is-returning-and-why-it.html