The culture of the United States of America is beginning to adjust to the new economic status brought on by the trade treaties and the world government legislation passed by our elected officials. The vibrant middle class that was a Hallmark of the nation has succumbed to the exportation of millions of high paying jobs to cheaper locales and the retail outlets that were supported by that former affluence are beginning to close their doors.
A poorer society cannot support the broad selection of retail opportunities American shoppers have enjoyed and store closings are beginning to restrict the selection in marginal cities.
Prior to the Real Estate debacle the Florida town where I live was expanding at a record rate. A South Florida developer had purchased a large horse farm and gotten approval to construct homes and a major outdoor shopping center. Construction began. Dillards opened, Dicks Sporting Goods, Old Navy, Barnes and Noble, Kohls, H. H. Gregg, McAllisters Deli, Panera Bread and McDonalds. Scores of additional stores were constructed and several small businesses leased space. The real estate crash halted construction. Many of the smaller stores went out of business leaving acres of newly constructed retail spaces and residential lots that may never be used. The anchor stores now stand as lonely lumps in an emaciated skeleton starved by the death of the middle class.
On the other side of a major highway an older indoor shopping Mall has lost two anchor stores and has several vacancies. The Gap just closed. New renters are textile stores on short leases; some of these have opened and closed within a month or two. A new shop just opened offering a Chinese foot massage. The Mall was built in the 1980s and the high end jeweler that closed the beginning of this year and the men’s clothing store that just closed a couple of months ago were anchor stores. These are stores that like The Gap have been supported by the upper Middle class.
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{snip} . . . According to a Pew survey the middle class net worth dropped 28 percent in the decade following 2001 while the upper one percent edged higher. They attributed this distinction to plummeting home values that impacted the middle class while wealthier people held broader based assets. While inflation has torn away at the value of the dollar middle class family income has declined by about 4 percent in the new century. From 1970 into the new century the percentage of total income enjoyed by the wealthy has risen from 29 percent to 46 percent while the middle class share has declined from 62 percent to 45 percent. Read the results of the survey here.
In this new world created over the heads of the American people the United States will bear no resemblance to the proud, affluent and powerful nation that emerged victorious after WWII. The objective is to flatten out the nations of the world making them more homogeneous and easier to govern. United States wealth is long gone replaced by trillions of dollars of debt that will enslave its citizens for generations..
Hitler’s Germany has been propagandized as the primary Satan of the Twentieth Century but it is a myth created to hide the wholesale wickedness of the Russian Revolution. Several decades ago Norman Dodd, then Director of Research to the Reece Committee, visited Alan Gaither, President of the Ford Foundation to explain why Congress was investigating foundations. Before he could explain, Mr. Gaither said, “Mr. Dodd, all of us who have a hand in the making of policies here, have had experience operating under directives, the substance of which is, that we use our grant-making power so as to alter life in the United States that it can be comfortably merged with the Soviet Union.”
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