It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
PG&E and other investor-owned utilities in California cut off service to a record 886,000 households last year, leaving an estimated 2.5 million Californians without electricity, natural gas or both.
That’s a head-spinning 62 percent higher than the 547,000 disconnections in 2010, one of the worst years of the Great Recession that led to widespread foreclosures and other economic pain across the state.
The 2.5 million people who lost service from PG&E, Southern California Edison, San Diego Gas & Electric and SoCalGas were nearly equivalent to the combined population of San Jose at 1.05 million, San Diego at 1.37 million and Oakland at 391,000.
During this period, French citizens razed and redesigned their country’s political landscape, uprooting centuries-old institutions such as absolute monarchy and the feudal system. The upheaval was caused by widespread discontent with the French monarchy and the poor economic policies of King Louis XVI, who met his death by guillotine, as did his wife Marie Antoinette.
As the 18th century drew to a close, France’s costly involvement in the American Revolution, and extravagant spending by King Louis XVI and his predecessor, had left the country on the brink of bankruptcy.
Not only were the royal coffers depleted, but two decades of poor harvests, drought, cattle disease and skyrocketing bread prices had kindled unrest among peasants and the urban poor. Many expressed their desperation and resentment toward a regime that imposed heavy taxes – yet failed to provide any relief – by rioting, looting and striking.
$1.48 trillion in total U.S. student loan debt
44.2 million Americans with student loan debt
Producer prices for fuels and related products and power up 16.6 percent for year ending June 2018
According to the U.S. Bureau of Labor Statistics, prices for food were 50.62% higher in 2018 versus 2000 (a $10.12 difference in value).
Workers produced much more, but typical workers’ pay lagged far behind Disconnect between productivity and typical worker’s compensation, 1948–2013
The U.S. middle class had $17,867 less income in 2007 because of the growth of inequality since 1979 Household income of the broad middle class, actual and projected assuming no growth in inequality, 1979–2011
A new study titled: “The Future of Employment: How Susceptible Are Jobs to Computerisation?,” by Dr Michael A. Osborne from Oxford University’s Department of Engineering Science and Dr Carl Benedikt Frey of the Oxford Martin School, estimates that 47 percent of jobs in the US are “at risk” of being automated in the next 20 years.
originally posted by: starwarsisreal
a reply to: toysforadults
However, if there is a revolution my concern is that it will devolve to a multi sided civil war. In addition, to those loyal to the old regime, there are Radical Anti TPTB Leftists and Anarchists who are not keen on restoring the Republic and want to form their own system.
We will probably also have various individuals and also criminal organizations that will try to carve up their own territories and become warlords.
originally posted by: abe froman
California has an economic problem directly related to the liberal policies and mismanagement under liberal leadership.
The rest of the country ( except, inner cities, bastions of liberal control, and sanctuary cities) is seeing economic bounds and leaps under Trump's leadership.
California doesn't need a revolution, as the money (and tax base) abandons California it will collapse under the weight of it's own hypocrisy and then you can rebuild from the ashes.