At least things are still good for those at the very top of the food chain.  But for everyone else, economic conditions have already become very painful.  Today, the vast majority of Americans have less money than they did prior to the pandemic, and thanks to raging inflation our standard of living is steadily going down.  We are in the early stages of “the greatest real estate correction” in our history, and 1 out of every five children in the United States does not have enough food to eat.  With each passing day, more members of the middle class join the ranks of the poor, and more poor people find themselves getting kicked out into the streets.  According to the Wall Street Journal, new numbers show that the number of homeless people in the United States has reached a brand new record high…

The U.S. count of homeless people surged to the highest level on record, reaching more than 653,000 people early this year as Covid-19 pandemic-aid spending faded, new federal data show.

The increase reflects a collision of factors: rising housing costs; limited affordable housing units; the opioid epidemic; and the expired pandemic-era aid that had helped keep people in their homes, federal officials said Friday.

In addition to having more homeless people in this country than ever before, additional people are becoming homeless at the fastest pace on record…

Homelessness shot up by more than 12% this year, reaching 653,104 people. The numbers represent the sharpest increase and largest unhoused population since the federal government began tallying totals in 2007, the U.S. Department of Urban Planning and Development said Friday. Last year, federal data showed 582,462 people experienced homelessness.

We have literally never seen a spike in homelessness like this before.

It is being reported that prior to these new numbers “the previous largest increase was a spike of 2.7 percent recorded in 2019”.

Just think about that for a moment.

At no point during the “Great Recession” did we see an increase in homelessness like this.

Essentially the floodgates have opened up and an absolutely massive tsunami of homelessness has begun.

Sadly, some groups are being hit much harder than others…

• Black people made up 13% of the U.S. population in 2023, but they made up 21% of the U.S. population living in poverty, 37% of all people experiencing homelessness and 50% of homeless people in families with children.
• Asian and Asian American people had the largest percentage increase in homelessness, up 40% from 2022, to a total of 11,574.
• Hispanic and Latino people saw the largest numerical increase, up 28% from 2022 to 179,336in 2023.

And please keep in mind that these are the ones that they can actually count.

How many more homeless Americans are out there that can’t be found or that don’t want to be found?

Source