Have you heard the one about the “economic recovery” in the United States? It’s quite funny, but it is not actually true. Every day, the establishment media points to the fact that global stock markets have soared to unprecedented heights as evidence that the economy is improving. But just because a bunch of wealthy people have gotten temporarily even richer on paper does not mean that the real economy is in good shape. In fact, as you will see below, things just continue to get even tougher for the poor and the middle class. Retail stores are closing at the fastest pace since the fall of Lehman Brothers, the rate of homeownership in this country is the lowest that it has been in 19 years, one out of every five families do not have a single member that is employed, and one out of every five children is living in poverty. We are working harder, earning less and going into more debt. With each passing day, the middle class gets a little bit smaller and the ranks of the poor get a little bit larger. But at least the stock market is doing great, eh? (Read More...)
Economic Recovery
Thanks Obama – Here Are 24 Stats That Show How Much You Have Royally Messed Up Our Economy
Under Barack Obama, the U.S. economy has performed worse than it did under any other president since the end of the Great Depression. After every other recession since World War II, the U.S. economy always regained what was lost and got even stronger before the next recession began. During this “economic recovery”, we have not even come close to getting back to where we were in 2008. In fact, the number of Americans living in poverty and the number of Americans that are dependent on the government both continue to explode even as Barack Obama runs up trillions of dollars of new debt. Anyone that believes that Barack Obama is going to “fix the economy” if he is given another four years in the White House has taken way too many sips of the Obama kool-aid. The truth is that Barack Obama is not going to save you. Barack Obama has royally messed up our economy (along with a lot of other things) and that is not something we should be thanking him for. (Read More...)
12 Signs That The Next Recession In The United States Has Already Begun
Is the U.S. economy in a recession right now? Has the next recession in the United States already begun? Unfortunately, there are a lot of economic numbers that are pointing in that direction. U.S. retail sales have fallen for three months in a row, U.S. manufacturing activity is contracting and there are numerous indications that the labor market is getting weaker. Of course there are some economists that will argue that we never even left the last recession. For example, the percentage of working age Americans with jobs fell from above 63 percent in 2007 to under 59 percent during the last recession. Since the end of the last recession, that number has not gotten back above 59 percent. In fact, it has been below 59 percent for 34 months in a row. In addition, we have continued to see poverty and government dependence steadily rise during this “economic recovery”. Since Barack Obama became president, the number of Americans living in poverty has risen by 6 million and the number of Americans on food stamps has risen by 14 million. So it would be really hard to argue with anyone that wants to say that the last recession never really ended. However, the latest economic numbers indicate that things are about to get even worse for the U.S. economy, and that is not good news at all. (Read More...)
25 Horrible Statistics About The U.S. Economy That Barack Obama Does Not Want You To Know
The human capacity for self-delusion truly is remarkable. Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face. Take the U.S. economy for example. Barack Obama wants to believe that his policies have worked and that the U.S. economy is improving. So that is what he is telling the American people. The mainstream media wants to believe that Barack Obama is a good president and that his policies make sense and so they are reporting that we are experiencing an economic recovery. A very large segment of the U.S. population still fully supports Barack Obama and they want to believe that the economy is getting better so they are buying the propaganda that the mainstream media is feeding them. But is the U.S. economy really improving? The truth is that it is not. The rate of employment among working age Americans is exactly where it was two years ago and household incomes have actually gone down while Obama has been president. Home ownership levels and home prices continue to decline. Meanwhile, food and gasoline continue to become even more expensive. The percentage of Americans that are dependent on the government is at an all-time record high and the U.S. national debt has risen by more than 5 trillion dollars under Obama. We simply have not seen the type of economic recovery that we have seen after every other economic recession since World War II. (Read More...)
War Zones: As The Economy Dies, Murders, Shootings, Robberies And Looting Erupt All Over America
As the U.S. economy falls apart and millions of Americans descend into despair we are seeing some really shocking things start to happen all over America. The mainstream media keeps telling us that crime is under control, but they are also the ones that keep telling us that we are in the midst of an “economic recovery”. Unfortunately, the truth is that the economy is slowly dying. Today, an all-time record 44 million Americans are on food stamps. That number is 18 million higher than it was just four years ago. When people can’t get jobs and when people feel deprived they get desperate. The incidents that you are about to see and read about below are very disturbing. Many American communities are rapidly turning into war zones. Sadly, it is mostly young people that are involved in the crimes and the violence that are now sweeping America. (Read More...)