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 Right now, about the only things that the American people can agree on is that they are angry and that they do not like the direction that this country is headed. Of course a lot of this is being caused by the economy. Unemployment is rampant, millions of families have been kicked out of their homes and our country is drowning in debt. But the economy is not the only cause of what is happening. There is a growing restlessness in America today. An increasing number of people feel very empty and very frustrated. We still have a very high standard of living compared to the rest of the world, and yet there is this growing sense that our country is right on the verge of something really bad. The very fabric of our society is coming apart at the seams and the thin veneer of civilization that we all take for granted is beginning to disappear. You can almost feel the fear in the air. (Read More.....)
 Haven't you heard? The coming economic collapse has officially been canceled. The U.S. economy is in full recovery mode. It has just been announced that the U.S. unemployment rate fell to 8.9% in February. That was the third monthly decline in a row. 192,000 new jobs were created in the U.S. during February. That was the fifth month in a row in which the U.S. economy has gained jobs. Corporate profits are way up. For the most recent month that numbers are available, sales of GM vehicles were up 49%, sales of Chrysler vehicles were up 13%, and sales of Ford vehicles were up 10%. Can't you see? The great American economic machine has roared back to life. The stock market is way up this year. The recession is over. Our financial system is more stable than ever. Pretty soon all Americans that want jobs are going to be able to get jobs and all of our government debts are going to be paid off. The greatest days for the U.S. economy are just around the corner. So don't worry, be happy. (Read More.....)
 Over the past twelve months, the U.S. economy has continued to come apart like a 20 dollar suit. During that time it seems like more bad economic news has been coming out nearly every single day. Instead of getting better, the problems facing the U.S. economy only seem to be multiplying. The U.S. government and the U.S. financial system continue to absolutely drown in debt. Factories, jobs and massive amounts of wealth continue to fly out of the United States every month at an astounding pace. Meanwhile, the number of Americans enrolled in anti-poverty programs continues to shatter records and the U.S. housing industry continues to set records for futility. The truth is that less Americans are living the American Dream today than were living it twelve months ago. The U.S. economy is in a serious state of decline, and it is time for all of us to wake up and admit the truth. (Read More.....)
 As election season 2010 draws near, the Obama administration has finally realized that the Democrats could actually lose both the House and the Senate in November. Suddenly all Obama wants to talk about is his wonderful new plan for the U.S. economy. Unfortunately, what he is suggesting is far too little and far too late. Anything Obama is proposing now will not be passed by Congress before the upcoming elections, and that is bad news for the Democrats. The American people tend to vote based on their wallets, and right now the American people are not happy. They desperately want someone to "fix" what is wrong with the economy. Obama is running around the country trying to convince people that he is the man to restore the American Dream, but at this point the American people have less faith in his economic policies than ever. The White House is insisting that Obama's new economic plan is not a new "stimulus package", and that is actually true. Obama's new plan will not stimulate much of anything. The truth is that Obama's new economic plan is really just a cruel joke on those who are willing to have faith in Obama's ability to somehow turn the dying U.S. economy around. Unfortunately, throwing several hundred billion more dollars at the problem is not going to do anything to fix the foundational problems that are destroying our economic system. (Read More.....)
 For years, researchers such as Gerald Celente have been warning that the coming economic collapse is going to spark mob scenes and riots that are unprecedented in U.S. history. Many have scoffed at these predictions and have refused to believe that anything like that could ever happen in America. But if what happened on Wednesday near Atlanta is any indication, we could be on the verge of something really bad. 30,000 people turned out to pick up only 13,000 applications for government-subsidized housing. Some people had waited for over two days just to get their hands on an application. The "chaotic mob scene" that developed as the applications were being handed out left 62 people injured. It turns out that there aren't even any vacancies in government-subsidized housing at this time in that area. These people were going wild just to get an application to get on the waiting list for government-subsidized housing. Yes, this is what the American Dream has degenerated into - thousands of people rioting in an attempt to get on a waiting list for a government handout. (Read More.....)
 If you are currently unemployed, you might not want to look at the chart I am about to show you. In fact, even those who have jobs are likely to get quite depressed after looking at it. Why? Well, because it shows that long-term unemployment in the United States continues to get much worse. Millions of middle class Americans have been dumped out of their jobs over the past two or three years, and they can't seem to find equivalent jobs no matter how hard they try. Millions have given up on finding something that will pay about the same and have resorted to flipping burgers or greeting customers down at the local "big box" store. Millions of others can't seem to get hired anywhere. The truth is that there are not nearly enough jobs for everyone anymore. Today, there are about 6 unemployed Americans for every single job opening in the United States. It is almost as if tens of millions of American workers have been forced into a very sick version of musical chairs where there are not nearly enough chairs for everyone. Unfortunately, the losers in this game are likely to lose their homes, their dignity and any chance at achieving the American Dream. The truth is that things are getting really bad out there. According to one disturbing new survey, 28% of all U.S. households have at least one member that is looking for a full-time job. That is not just a problem - that is a national crisis. (Read More.....)
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Don’t Worry, Be Happy: Unemployment Is Down, The Stock Market Is Up And The Economy Is Going To Be Just Fine