Homesteading and Survivalism

Living a simple life

Tag: inflation

US Economy Shrank 0.1 Percent In Last Quarter 2012

Surprise, surprise, surprise, the US economy shrank 0.1% in the last quarter of 2012. That 0.1% may not seem like a lot, but the real story its much worse then 0.1%.

Take these factors into consideration:

The economy shrank during the biggest spending time of the year – Thanksgiving and Christmas. If the economy shrank during Christmas, that says people do not have expendable income.Kevin Felts, blogger and survivalist

The economy shrank during one of the biggest panic buying phases in the firearms industry since the 1994 assault rifle ban.

Not only were people spending money on Christmas, but they were also buying all the guns, ammunition and magazines they could get their hands on,,,, and the economy still shrank.

One thing that caused a slowdown in the economy was a reduction in military spending. The question I have to ask, why does government spending play such an important roll in the economy? Maybe the government does not want the people to know how bad the economy really is?

Wages Slipping for Skilled Workers

I spent 15 years in the welding field, was an ASME certified welder, built ASME certified pressure vessels and heat exchangers. The fab shops I worked at are across southeast Texas and Southwest Louisiana. Places like Creole Steel, Allied Fabrication, Ohmstede, Fabricon,,,, only to name a few.

From 1986 – 1999 I saw wages eroded by inflation and greed by the employer.

One employer never gave raises, what you hired on at is what you made. After you were there for 3 months you “might” get a 25 cent raise, but never anything after that.

Another employer, their idea of a raise was 25 cents a year. That 25 cents was easily eaten up by inflation.

Today (2012), I would have to make between $66,000 – $67,000 to have the same standard of living that I had in 1990 when I was 22 years old. That $66,000 – $67,000 is just to maintain that standard of living, and not to improve it.

Welding shops in the area are not paying anywhere near that much these days. The last welding shop I worked at, I made around $45,000 a year.

Its not just a matter of low-skill jobs being associated with low wages, wages for skilled craftsmen have not kept with with inflation or minimum wage.

In 1987 I went to work for a certain company, at that time their top pay was 3.35X minimum wage.

Today, top pay at that same company is around 2X minimum wage.

Random Thoughts November 27 2012

It is time to have another random thoughts article.

National Debt – I figured it was time to make anther article when I read this opinion piece at the Wall Street Journal. According to that article, our national debt already exceeds $86.8 trillion, or 550% of our Gross Domestic Product (GDP).

According to the authors of that article, the true amount owed to the Federal Reserve is hidden from public view.

In other words, the government is treating the people like a bunch of mushrooms, we are being kept in the dark and fed crap.

I do not know for a fact that the national debt is anywhere close to the $86 trillion range like the article claims. Even at $16 trillion we are in deep trouble.

What is sad, the nation is bankrupt, and there are people looking for a government handout. There is no money, but people want more free stuff.

The United States economy will never recover

From time to time people in the news like to say “The US economy is recovering”. Well, I am here to tell you the economy of the United States will never recover.

As long as we have free trade with nations like China, the US economy will continue to free fall.

The federal reserve and the government can prop the economy up for short periods of time, but these fixes are temporary.

Article on Yahoo News – Lost Middle-Class Jobs Being Replaced by Burger-Flipping and Retail Gigs: NELP Study

For the past 2 decades we have been told the United States job market is shifting from manufacturing to service orientated jobs. Unless you are a doctor, lawyer, banker,,, someone that provides a valuable service, the service job market is going to be low wage jobs.

Families overwhelmed at every corner

Is it just me, or does it seem that the average American family is being overwhelmed at every corner.

A couple of days ago my stepdaughter posted on facebook she spent $345 at walmart.

That is equal to someone making $10 an hour for 40 hours minus taxes. One trip to walmart wipes out a whole weeks worth of wages.

Then there is this report from fox news that says parents are being overwhelmed by child care cost – American Parents Overwhelmed by Growing Childcare Costs | Fox Business

How are people supposed to get ahead and stay ahead when the basic cost of living keeps going up?

In 2003 I was making about the same amount of money I was making a decade earlier. But on the flip side of the coin, prices had gone up every year during that last decade.

While I was working at a welding shop in southeast Texas, at my 1 year review I was given a 25 cent raise. The cost of inflation over the past year was more then that 25 cent raise. The price of gas had gone up more over the previous year to the point where that 25 cent raise did not even cover changes to the price of fuel. I finally left that welding shop. If an employer will not even keep their wages up with the rate of inflation, then the employees are losing money.

The future of generation Y

My first wife and I had 4 children, which were born between 1987 and 1996. I often what kind of nation we are leaving our children.

The U.S. government is broke, and still continues to spend money like kids in a candy store. Illegal immigrants can get a free education, and now with the policies obama put into place, the illegals do not have to worry about being deported.

In 20 – 30 years will anyone have national pride? What is a nation without citizen and borders?

Then there is the free trade issue. As our factories move overseas, what are your children and grandchildren supposed to do for jobs?

1 – go to college, get massive debt and hope you land a good job.

2 – go into retail.

3 – start your own business. If you had a rich uncle leave you a couple hundred thousand, maybe you can buy a franchise.

4 – learn a skill and got to work in a refinery, welding shop, land drilling rig or off shore drilling rig.

Personal Responsibility

Kevin Felts blogger and survivalistBaby daddy not helping you with the bills? Maybe you need to get your lazy ass off the couch and get a job.

It is not the job of the tax payers to compensate stupid people. Dont know how to prevent your girlfriend from getting knocked up? Maybe you need to make a trip to the free clinic and get your nuts cut.

Got more kids then you can afford, STOP HAVING MORE!!!!!!! Welfare is not your private checkbook.

My wife and I have a friend of the family that is squeezing out her first child. The baby daddy said he was having an asthma attack, so he gets in the car and drives almost an hour to the next hospital. Keep in mind, the mom was in a hospital. Why not walk over to the emergency room instead of driving to the next town? Because the sorry piece of trash baby daddy wanted to get as far away from the mom and the baby as he can get. The piece of trash baby daddy is around 25 years old, working for minimum wage at the local china-mart, does not provide health coverage for the mom or the baby, does not have a car, and does not even have a drivers license. But yet he can knock the mom up?

The mom on the other hand has a good job, has private health insurance, has a car and has a drivers license.

What the hell was she thinking when she had sex with a bum?

Now the mom and the baby are going to have to deal with a dead beat dad for the rest of their lives.

Its called Personal Responsibility

The State Of The Nation June 2012

Kevin Felts blogger and survivalistHas anyone looked around and paid attention to the state of our nation?

Our manufacturing base has been shipped to china
College education is more expensive then ever
Cost is up, and the quality of a college education is down
Big business gets to ramrod just about whatever law they want through congress
The war in the middle east is over a decade old
2012 presidential elections looks like its going to be between tweedle dee and tweedle dum
Housing has reached a point where everyday working people can not afford to buy
Wall street needs to bailed out from time to time, while the government ignores the people needing help
Health care is more expensive then ever
Legal drugs like bath salts are poisoning our youth
U.S. gubberment tries to declare war on its own people with laws like NDAA
U.S. imperialism is encroaching ever closer to Russia and China
With the factories gone, we are running short on skilled labor
National debt is increasing faster then a kid with mommies credit card in a toy store
Prices have been increasing faster then wages.

Housing Bubble

The coming civil unrest

For those of you that have not been paying attention and voting for the same two parties over and over, I blame you for what you are about to read. The two party system will be the downfall of the US, and I directly blame the voters. My personal opinion, its just a matter of […]

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