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Tens Of Millions Of “Working Poor” Americans Are Suffering Very Deeply Due To Biden’s Economic Policies

Mac SlavoMichael Snyder
April 26th, 2021
SHTFplan.comThe Economic Collapse Blog
Comments (7)

This article was originally published by Michael Snyder at The Economic Collapse Blog. 

The Biden administration and the corporate media insist that we are witnessing an “economic recovery”, but it sure doesn’t feel like any sort of a “recovery” for America’s working poor.  Tens of millions of working Americans are trying to survive from month to month on stagnant or declining wages at a time when Biden’s economic policies have caused the cost of living to soar.

Our leaders in Washington always seem to think that spending more money is the solution to almost every crisis, and in recent months we have seen the money supply grow at an unprecedented rate.  Those that have been showered with government money are grateful, but all of this new money is also going to make life much tougher for those on the very bottom of the economic food chain.

Just because someone “has a job” does not mean that an individual is doing okay in this economy. Greyhound bus driver Marvia Robinson has never had to file for unemployment benefits during the COVID pandemic, but her wages declined substantially, and she got way behind on her rent

Last year, as the COVID-19 pandemic brought the nation’s travel economy to a standstill, Robinson’s hours were. cut, her pay dwindled – to as little as $65 for one two-week period – and she fell behind on her rent. By January, she owed $4,920.38. So she emailed Invitation Homes to ask if it would accept funds from a county program that gives landlords $4,000 in back rent.

In an email response reviewed by Reuters, Invitation Homes told Robinson the company was not participating in the program “due to the landlord restrictions,” without explaining what that meant. The company then sent Robinson an email with links to information about other government and nonprofit relief programs, as well as payday lenders, food banks, the Coalition for the Homeless and ways to make money by selling hair, plasma and donor eggs.

Various eviction moratoriums are protecting multitudes of people that are way behind on their rent, but they didn’t help in Marvia’s case, and she was tossed out on the street on March 9th

In February, an Orange County judge approved Robinson’s eviction. On March 9, two sheriff’s deputies showed up at Robinson’s taupe two-story rental south of the city, bolted the doors and changed the locks.

So what is Marvia supposed to do now?

She works extremely hard, but it still wasn’t enough to keep her from being tossed out into the cold.

Overall, Moody’s Analytics is projecting that 7 million Americans will owe a total of $40 billion in back rent by the end of May.

Like Marvia, many of those people actually have jobs.

When I asked Google how many Americans are classified as “working poor”, it gave me a number from 2018…

About 38.1 million people, or 11.8 percent of the nation’s population, lived below the official poverty level in 2018, according to the U.S. Census Bureau.

Needless to say, that number is almost certainly far higher by now thanks to the economic depression that we have experienced over the past year.

And guess which state now has the highest level of “functional poverty”?…

As the California Legislature churned toward adjournment last week, its members received another reminder that the state’s most vexing — and shameful — socioeconomic malady persists.

The Census Bureau reported that California still has the highest level of functional poverty of any state, averaging 18.2% of its 40 million residents impoverished during the three preceding years.

The state that has the most tech billionaires also has the most people living in poverty right now.

Isn’t that ironic?

In their desperation to jumpstart the economy, our leaders in Washington have been creating, borrow and spending money like this is no tomorrow.

Just look at what this has done to our money supply.  The following chart which comes directly from the Federal Reserve shows the stunning growth of M2 since the beginning of the pandemic…

Of course, this was going to drive the cost of living higher, and food prices are one thing that I am watching very, very carefully.

Just a few days ago, Bloomberg published an article entitled “The Grocery Price Shock Is Coming to a Store Near You”

Corn, wheat, soybeans, vegetable oils: A small handful of commodities form the backbone of much of the world’s diet and they’re dramatically more expensive, flashing alarm signals for global shopping budgets.

This week, the Bloomberg Agriculture Spot Index — which tracks key farm products — surged the most in almost nine years, driven by a rally in crop futures. With global food prices already at the highest since mid-2014, this latest jump is being closely watched because staple crops are a ubiquitous influence on grocery shelves — from bread and pizza dough to meat and even soda.

Food prices have been aggressively rising for 10 months in a row, and there are several factors that are leading analysts to project that they will continue to rise in the months ahead…

The most recent crop spikes follow months of price gains fueled by booming import demand from China. Corn prices have doubled in the past year, while soybeans are up about 80% and wheat 30%. With China’s purchases continuing and a spate of adverse weather conditions threatening crops in Brazil and the U.S., there are few signs of respite.

As food prices move higher and higher, this will put additional stress on tens of millions of “working poor” Americans that are barely scraping by from month to month.

The good news is that nobody in the U.S. is starving at this point, but the same can’t be said about the rest of the world.

Global hunger is on the rise, and one expert is warning that things are starting to get really bad out there

“The relentless rise in prices acts as a misery multiplier, driving millions deeper into hunger and desperation,” Chris Nikoi, the World Food Programme’s regional director for West Africa, said earlier this month. It’s “pushing a basic meal beyond the reach of millions of poor families who were already struggling to get by.”

As I detail in my most recent book, we are moving into a time when there will be horrific global famines.

We all know this is coming, and so we should be getting prepared ahead of time.

Of course there are tens of millions of Americans that can’t afford to get prepared because they don’t have any extra money at all each month.

With each passing day, more Americans are falling out of the middle class and into poverty, and everything that our leaders in Washington do seems to make things even worse.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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    Author: Mac SlavoMichael Snyder
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    Date: April 26th, 2021
    Website: www.SHTFplan.comhttp://theeconomiccollapseblog.com/

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    7 Comments...

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    1. Andrea.Iravani. says:

      There is no excuse for this at all. This is the result of hyperparanoid central planners attempting to plan the future for people that have not even been born yet in many cases. They want to rig everything in their favor at everyone else’s expense as usual. They cannot even control their own criminal impulses and not only do they attempt to control the entire world presently, but they are trying to control the future of the entire world after they will have died.

      Three sayings come to mind that I wish that they would heed the advice of:

      Do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough troubles of its own.- Mathew 6:34

      Man plans and God laughs. – Jewish proverb

      What you save is what you lose out in the end. – Bush Cold Contagious

      The psychopaths are not living in the present and are destroying both the present as well as the future.

      The financial sector and governments feed off of people’s fears and insecurities like vampire parasites. They sell insurance and securities, ironically to give people what is often nothing more than a false sense of security that can evaporate instantly. Most property insurance claims are denied. They have loop holes for
      almost everything. It is now bordering on racketeering. They
      could not exist without excessive fear.

      Andrea Iravani

    2. James says:

      Yeah, but don’t forget he gave them $1400 dollars of non-existent money, causing inflation which hurts the poor and those on fixed incomes the most. He also was kind enough to end the pipeline and drilling and fracking on government lands increasing gasoline prices for the poor that need to get to work. Whatta guy!
      Yet these are exactly the people that voted for Biden!

    3. Andrea.Iravani. says:

      The Pentagon is claiming that Russia attacked U.S. military in Syria with sonic weapons that the Pentagon claims gave troops flu like symptoms, ommitting the loud silent audio noises of sonic weapons attacks experienced by embassy employees in Cuba, referred to as Havana Syndrome, China, and other embassies. I am also a victim after illegal unconsented uninformed surgery at Columbia St. Mary’s Ozaukee performed on me through nasal cavaties and ears implanting micro-chips, sensors, RFIDs, or microphones, since it is difficult to detect, which reulted in immedate sleep deprivation, excruciatingly loud tinnitus, a sudden inability to be able to cry, and a sudden need for eye glasses, and an immediate end to menstruation, since I am convinced that they also stole my ovums while unconscious since “medical samples” are the second largest export from Wisconsin to Canada. 

      Immediately after my first cell phone was hacked in June of 2017, someone started attacking me with silent audio. My dog also heard it, because he would stare and bark at the cell tower. At first I thought that it was a protest taking place in the industrial park or near the highway behind the cell tower. It is evidently beamed to cell towers from a satellite, because I have heard it while in another town. It is evidently frequency specific to the devices illegally implanted in me. I started researching it after finding out that others did not hear it.

      The psychopaths at Columbia St. Mary’s Ozaukee refuse to confess that they have perpetrated these illegal sadistic experimentaion on me, on March 27, 2014, and revived me from a clinical state of death after I attempted suicide by taking a bottle of hydrocone prescribed for an impinged shoulder and a bottle of 5 milligram valium prescribed for anxiety. Three doses of narcan and an external heart defibulator was used on me. Ascension Health now owns Columbia St. Mary’s Ozaukee hospital previously owned by ex Florida governor Rick Scott as part of the Columbia Group and ex WI governor Tommy Thompson and Health and Human Services director Tommy Thompson is a primary investor in 
      Verichip which is also used by the “Humane Society” to install microchipa in pats. Thompson and Hillary Clinton thought that people should be microchipped.

      Right after my first phone was hacked in June of 2017, James Hurth that was a neurosurgeon, psychiatrist, and head of Columbia St. Mary’s Ozaukee Hospital Behavioral Health abruptly resigned and the CEO of WE Energies also abruptly resigned without explanation concurrently.

      I think that they are trying to see if they can control people, and also spy on people with these devices. They ask me to give posessions up, move, give up technology, none of which I have done and which I refuse to do. Since I was involved in the DNC as an events cooridinator and was a Sanders supporter and Hillary hater, I think that someone in politics or even both parties wanted to spy on me for that reason and see if they could control me with mind control. People started illegally entering my home even if I would take out the garbage or get mail. Neighbors behind and across the street from me have stolen things from my home and placed them in their windows. The military and others are experimenting on me with psy-ops. They even wear invisibility cloaks which they developed that reflect the view behind them. It is like a pliable computer screen. Now, just to get the mail, I have to place something in front of my door and walk backwards. New people moved in all around me except for on one side. It always has been a very transient neighborhoid which has turned into a hood of sadistic, white trash, serial criminal, psychopathic thugs. They used to stalk me when I would walk my dog that they killed with poison. Someone also hacked my smart meter in February of 2017, which made it read all letter ds and stary energy flew out of the light socket and laser split two coffee cups in half, one after the other. They also have fake mechanical dragon flies that fly around my yard in the summer, and fake birds that talk and asked me “Do you speak Portuguese” and “The Television is your biggest fear.” The psychos in invisibility cloaks would take metal objects and drag them against my metal fence at night, making loud clamging noises. They have locked my doors using directed energy magnetism beams to lock them so that it changes the lock settings so that they keys would not work. They have stolen many things and have vandalised causing thousands of dollars worth of damage during the most vulnerable time in my life after my Mother that also lived in the neighborhood passed away and even deprived me of grieving her loss as well as the loss of my dog and the loss of my brother. They are the most vile and wretched scum conceivable that should have been aborted rather than conceived for the good of humanity. It is 
      https://www.InfraGard https://www.WHO.org and https://www.WHO.int which they have enlisted many in the media to participate in as well. They use Vault7 hacking tools and have hacked into appliances, smart meters, lighting, heating, and cooling. They are sick as hell. They even hired a Siberian musician Einnfalt to write a song about me, Exhibit C God’s will for Andrea Iravani. I know damned well that it is not Russia that is behind this. It is the surveillance state, police state, and medical mafia. It is the MICIMATT
      Military Industrial Congressional Intelligence Media Academia Think Tanks. They are mentally incompetent, insane, evil, serial criminal, psychopaths. They are total losers. They are the scum of the earth that the world would be better off without! They are creating the hell that they and their descendants will be forced to live in and will end up being the victims of. 

      https://sputniknews.com/us/202104241082715997-pentagon-believes-russia-behind-mysterious-directed-energy-attacks-on-troops-in-syria-report/

      Here is proof that Lockheed Martin has installed this technology in cell towers and that they terrorize American citizens:
      https://www.mother.jones.com/politics/lockheed-martin-shadowing-you/

      proof that these types of surgery have been performed by an anesthesiologist John R Hall MD Austin Texas on his website International Center Against the Abuse of Covert Technology
      http://www.ICAACT.org

      Proof that organized community stalking by domestic terrorists is taking place 
      https://www.fightgangstalking.com

      I dedicate this song to the Low Life Terrorist Scum in InfraGard, the WHO, and the MICIMATT that have perpetrated an organized serial crime spree on me, my life, my family, and my property:

      Public Image Ltd.- Low Life – YouTube
      https://m.youtube.com/watch?v=6A0Wejod4fs

      You may recall how freaked out Hillary Clinton and the Secret Service were acting, attempting to convince people that she was being remotely controlled, with the sSecret Service reaching into their pocket and pressing a remote control device when she had the head bobbing episode, and all of her other inexplicably strange behaior, and also George W. Bush’s strange behaior of just stopping mid sentence staring off into space in what appeared to be petit mal seizures or TIAs.

      Peter Koenig that was an economist dor the WHO keeps writing that  people will be able to be controlled with 5G, which I do not believe that it is possible to over ride the free will of the human brain to get someone to carry out a specific desired task, but it may be possible to stop them from a task with electrical disruption of brain signals.

      I am convinced with the evidence that I have read about, witnessed, and experienced that there was a plan to convince people that everyone in governments around the world and heads of corporations were not responsible for their crimes againat humanity and treason involving 9/11 in America, as well as all that followed because they were remotely controlled Manchurian Candidates. 

      Obviously, the WHO, WEF, financials, central banks, tech companies, militaries, Verichip, and universities were conspiring with them in this after ripping everyone off and perpetrating their decades long crime spree after people added things up regarding 9/11 and realized that it was an inside job.

      Unfortunately, I and approximately 300,000 other Americans are for some reason a victim of it that has destroyed their narrative. I am glad that it destroyed the false narrative, but not that innocent lives, including my own were destroyed in the process of doing it. 

      Andrea Iravani

    4. Darth Skippy says:

      There is an antiquated version of suburbia and how (our great grandparents?) used to dress to go out, but I think that most average townspeople of that era found an outlet in porn, drugs, gambling, or whatever demoralizing vices, toward the beginning of the civil rights movement.

      That social pressure valve was relaxed, 60ish or more yrs ago.

      Because, WASP’s with responsibilities such as family, schooling, business, church, and reputation would have done what BML is doing, now, to white slavers.

    5. Pardon me for having my mind below ground ( In the gutter so to speak ), but I have yet to see any improvement in the economic situation if any and then only for the ones in power. I’ve been retired for 11 yrs and have been making do and if I’m careful, I’ll have few dollars left over at the end of the month, but after reading how the rich and powerful are still even more money hunger, well I guess they ‘ll have to physically take it out of my hide ( what little I have left )

    6. All the worry etc is not required.
      The reason is that everything will turn to Sh-t soon – and I mean world wide. We are teetering on the brink of total economic collapse.
      The only question is how the elite will make it happen.
      Pick one or more:
      – Middle east war
      – Ukraine war
      – New Covid-19 mutant(s) – that are more contagious and lethal.
      – Mass Lockdowns
      – Food, gas inflation spikes
      – Mass shortages of Police – major upturn in civil disobedience
      – Bank closures – can’t get your $$
      – Martial Law – Fema camps
      etc

    7. Greebo says:

      This is part of the plan to destroy the Middle Class to destroy the US. Notice none of the trillions of dollars supposed to help people suffering, have gone to the ones who lost businesses, jobs, life savings and their homes. The things they are losing are going to the wealthy so that there will only be a wealthy class and a poverty stricken class. It will be a small step to instituting Communism.

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