Sunday, May 29, 2011

Why Is The Economy So Bad?

Millions of Americans have lost their homes, tens of millions of Americans can't find a decent job and 44 million Americans are on food stamps.  This is causing an increasing number of Americans to ask this question: "Why is the economy so bad?"  There are some Americans that are old enough to remember the Great Depression, but the vast majority of us have never known hard times.  All our lives we were told that America was the greatest economy on the planet and that we would always experience endless prosperity in this nation.  That was easy to believe because even though we had a recession once in a while, things always bounced back and got even better than ever.  But now something seems different.  The current economic downturn began back in 2007 and yet here we are in 2011 and there seems to be no end in sight for this economic crisis.  So what in the world is going on?  Can anyone explain why the economy is so bad?
The following are some of the kinds of questions that the American people are asking about the economy these days....
Why does it seem like it is harder to get a job today than it used to be?
Well, it is because there are far fewer jobs available and far fewer people are getting hired.  According to the U.S. Bureau of Labor Statistics, an average of about 5 million Americans were being hired every single month during 2006.  Today, an average of about 3.5 million Americans are being hired every single month.
Is there much hope that the unemployment rate will start to decline significantly?
Unfortunately there does not appear to be much reason for optimism.  Initial weekly unemployment claims have been above 400,000 for 7 weeks in a row.  The "jobs recovery" we have been promised simply is not materializing. Only 66.8% of American men had a job last year.  That was the lowest level that has ever been recorded.  At the rate we are going things are going to be about the same this year.
So where did all of the jobs go?
They are being sent overseas at a blistering pace.  The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001, and the U.S. trade deficit with China is now 27 times larger than it was back in 1990.  Amazingly, the United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.
Why does it seem like nearly all of the jobs that are available right now are crappy, low paying jobs?
Well, because most of the jobs that are available are crappy, low paying jobs.  The following is a brief excerpt from a recent article posted on Tomdispatch.com.....
More Here..


There’s a Secret Patriot Act, Senator Says

7 comments:

  1. Simple answer: Because the elite have been orchestrating plans for the collapse of the USA since the early 70s (yes, in some ways much earlier). The end of the USA as a sovereign nation began in the late 1800s with our 'incorporation' under the Bank of England via the District of Columbia. Then the huge leap in 1913 when the conmen were able to take over via the FR.

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  2. this goes to treason commited by congress
    and the last 5 presidents
    the sellout of america
    all of wallstreet
    until theses people are imprisoned
    thier will be no freedom
    most americans are content with thier bowel of rice
    loss of freedoms and charges for everything
    so screw them go off to wars and get killed dummies
    for freedom to be inslaved
    so they reap the wind they will reap the whirlwind
    got gold is the question?

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  3. A Foreign observer says .

    What a remarkable”Constitution” in the modern Disneyland !
    Now Humpty Dumpty land USA With its Tweedle Dee dumb political parties and sock puppets for presidents.

    But , there are always patriot acts and executive orders now so America is still safe!

    Its all in the words ! In America law
    today.
    A semi –Monarch as Bush showed by re-defining words like torture for example, a president can always find a lawyer or supreme court judge or at least a policeman to lick boots .

    First the kidnap and torture of terrorist “suspects” and then military verdict on the confession as evidence of true American anti terrorist justice!
    Or as we saw with the Supreme court 8 to1 judges “decision “in thev recent search warrant case , to define words of the constitution ,the patriot act etc for overriding the old Constitutional Habeus Corpus rights .according to his orders

    Its All in the words now!


    Words now mean only what the king or master says they mean in Humpty Dumpty land .
    See

    http://sabian.org/looking_glass6.php
    “'When I use a word,' Humpty Dumpty said, in rather a scornful tone,
    'it means just what I choose it to mean — neither more nor less.'
    'The question is,' said Alice, 'whether you can make words mean so many different things.'
    'The question is,' said Humpty Dumpty, 'which is to be MASTER — that's all.'
    In Humpty Dumpty land now, an imploding economy standing still can said to be in a good jobless “recovery”if the master says so.
    Digitally printed Bennie dollars in the trillions are said to be still as good as gold value backed by the full faith and credit of the USA .
    And a war against Libya is not a war that congress needs to worry about as the king now defines time like what is 60 days and what is war!
    Victories are defined as killing already dead terrorists that can identified and certified dead and buried at sea without a body being necessary.
    If the king declares it is so.
    Now the king can even legalize laws by a pen auto-signing whatever the old constitution might have said about a President himself signing bills into law .

    But as a foreigner unfamiliar with Current American law making , I want to know if under this semi –monarchial rule if the auto-signing pen can also get a CIA provided long form birth cerificate proving the pen is a “natural born citizen pen” legally authorizing laws in Humty Dumpty land USA.?

    Is the pen a genuine American made pen a “Parker” a genuine sock puppet like the real Messiah ?

    Perhaps the pen sign itself President O’Parker?

    Does the pen get its instructions to sign laws
    from the elite class and their bankster via reading an autocue too?

    And why is an auto pen even necessary when the Tweedle Dee parties both act like a rubber stamp in Congress and Senate since the financial coup anyway!

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  4. What will the twittering twits do when there is nothing to twit about except starvation?

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  5. 10:11

    That's good

    real good

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  6. Today I had to listen to my brain dead American family discuss their shows on TV. I'm growing to resent everything in this country, including my loved ones.

    This world is no longer worth living, at least in this piece of shit nation.

    Hopefully it burns, and burns really soon. This is torture. I'd rather be under physical slavery with healthy, functional minded people than this.

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  7. To you men who cannot find a job, how does the modern feminized US "feel" to you? Hopefully, you feminized men never find work!

    ReplyDelete

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