one income extended family

ONE INCOME EXTENDED FAMILY
Are you ready for your income to shrink 40%, as your grown children are moving back home and your aging parents are kicked out of the nursing home or their Florida retirement home? And that's the best case scenario where at least one of you keeps an income and you stay off of that junk land you didn't buy living in the tent you don't own. Now, I could drone on and on about cutting the cable and installing a roof top antenna. I could talk about substituting beans for some of your meat. We could talk about giving up one if not both cars, even though I know the average American would rather carve the bloody word "loser" into their forehead than give up their pimpin ride, yo. All these things will of course be necessary. But you also need to keep in mind that there is no such thing as the average middle class existence buying canned seeds and collecting rimfire ammo one second and fighting off jack booted thugs the next. In between a lot of crap is coming down and making your life very difficult. I'm not talking about a long slow collapse. I hate that theory. It is a cop out misdirecting you into believing you have plenty of time. We have been in a long slow collapse since the early Seventies. We are now on the edge of the abyss and will very shortly plunge over. But there will be a short period of time when everything that possibly can will go wrong.
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Your spouse will lose his job. I say a 40% income loss, it could be 50% or 60%. Hubby can perhaps sell your embroidered unicorn backpacks on E-Bay, or pick up cans on the highway. Whatever. Just assume your income is going to take a big hit. Then, Obammy, on instructions from the bankers, will make health insurance mandatory. One last bubble while the last of the elite scamper away to their Caribbean hide outs with satchels of decaying dollars. Luckily for us, in the end they will die as horribly as the rest of us, since they think money is the only survival tool they need. At least karmic justice will be served. Even minimum wage drones most likely will see their income further garnished. As has been repeatedly taught to me by experience, when it comes time to redistribute income, the government could care less if you have enough left over to survive on. Don't believe me? Try living on $400 a month take home paying rent ( and that was on $9 an hour gross ). This is desperation situation time for the banks and businesses. Why else would the bail out liabilities go as high as 23 TRILLION bucks ( and that figure is from the Treasury I.G. )? They aren't even worried about our inability to pay the interest on that amount, let alone ever repay it. It is an impossible amount- wheelbarrow full of cash type inflation is the only way to repay. And it doesn't matter, because our economy isn't going to recover. Green shoots will grow out of my butt first.
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You've lost half the household income. Your paycheck withholding went from thirty to forty percent ( and the medical portion will assuredly increase given enough time-the government will cut costs and pass on the savings as well as the Post Office does ). Food is inflating at a minimum of twenty percent a year. Next, your kids move back home. Your son dropped out of college after he racked up thirty grand in debt through a private bank loan ( backed by taxpayers of course ). Can you even discharge student loans through bankruptcy? Your daughter is knocked up by a macho bad boy gang member and thrown out on the street. She comes calling with about two months to go before she squirts the puppy. As soon as you seriously consider going postal on the family and suiciding by cop, you get news that your aging parents have lost the condo in Florida, don't have the cash to buy a used mobile home in a park, and will be moving in with you right after next months check arrives to finance their move. Before you know it you are going to have two adults and a dog living with you, all with bad hips and the inability to get to the toilet in time.
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What could possibly go wrong next? Gasoline climbs to ten bucks a gallon. Now getting to work proves almost impossible. You have to get up two hours early, carpool to downtown, then take a city bus that has a half hour flexible arrival time and is full of crack whores and homeless guys that haven't showered since the first Bush administration. And this is all before crime increases and you get laid off and store shelves start coming up empty. Or ration cards or political dissident camps. Or mass food shortages from Gore Warming and crop failures followed by grain fungal outbreaks and fertilizer shortages. Or heating oil becomes unavailable for any price. Or civil war breaks out next to your super farm retreat. Or sea levels rise ( what about that strange two foot surge the entire east coast just had, or New Zealand shifting an inch from one quake, or...? ). Are you paranoid enough? Because more than one bad thing is going to happen. Don't let down your guard. Be very afraid.
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