This Economic Depression Has Left Very Deep Economic Scars All Over America
Michael Snyder (Opinion) - The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020. We have never seen that many businesses wiped out in such a short period of time in the entire history of our country. Meanwhile, we have seen a tsunami of unemployment that has been absolutely unprecedented. More than 70 million new claims for unemployment benefits have been filed during the pandemic, and the number of new claims each week continues to hover at a level that is about three times as high as we witnessed before the pandemic. Currently, the Economic Policy Institute is telling us that “25 million American workers are either unemployed, underemployed or have pulled out of the workforce entirely”. This economic depression has already been extremely painful, and many experts believe that a whole lot more economic pain is still on the horizon.
If you are doing well in this economic environment, you should be very thankful for your blessings, because millions of other Americans are suffering greatly. One of those Americans that is deeply suffering is named Denitra Pearson…
One hundred and forty days have passed since Denitra Pearson lost her job caring for the elderly in their homes. Forty-two days have passed since she, her husband, and children lost all their belongings after a fire engulfed their house on a snowy winter night. They’re now living in a hotel.+
Denitra has six kids to care for, and the only “job”....READ MORE
MichaelSnyder is a nationally syndicated writer, media personality and political activist. He is the author of 5 books including his latest, Lost Prophecies Of The Future Of America” which is available on Amazon.com. He has four others that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. Michael allows others to republish his work on other websites because he feels people need hope more than ever before, and its his goal to share the gospel of Jesus Christ.