Hard Times Generation: Homeless Kids – American Families Fall Out Of The Middle Class In Record Numbers – Poverty Rate Of Kids Soon To Be At 25% (60 Minutes – Video)

This video is from March 2011 and things got a lot worse since then.

Here is why the unemployment rate ‘drops’:

– Unemployment Rate Drops To 8.2% For One Simple Reason: The Number Of People Not In The Labor Force Is Back To All Time Highs: 87,897,000

‘It will be years before we get back to 7.5 million  jobs lost in the great recession.’

Oh, really?

– US Needs To Generate 262K Jobs Each Month To Get Back To Breakeven

This is the Greatest Depression.

Prepare for the greatest financial collapse in history.

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YouTube Added: 06.03.2011

Description:

For some children, socializing and learning are being cruelly complicated by homelessness, as Scott Pelley reports from Florida, where school buses now stop at motels for children who’ve lost their homes.