» Business Economy
Improve Your Market Timing: The Tweezers Bottom Candlestick Pattern Weekly Chartology And Wishful Thinking From Goldman It’s the End of the World As We Know It
What are 308,367,109 Americans supposed to do? First of all, despite clamping down on immigration, our population grew by 2.6M people last year. Unfortunately, not only did we not create jobs for those 2.6M new people but we lost about 4M jobs so what are these new people going to do? Not only that, but nobody is talking about the another major job issue: People aren’t retiring! They can’t afford to because the economy is bad - that means there are even less job openings… The pimply-faced kid can’t get a job delivering pizza because his grandpa’s doing it. There are some brilliant pundits who believe cutting retirement benefits will fix our economy.. » read more
100 Days left... are you ready?
Grassfire Nation Update Yesterday marked the 100-day countdown to the November elections. The question is... Is our movement ready? More importantly, are you ready? For more than a year, Grassfire Nation has been preparing for these final 100 days.. » read more
Rebuild America, or Bomb Afghanistan? Bring our War Dollars Home!
Meanwhile, a National Commission on Fiscal Responsibility and Reform is talking about cuts to Social Security, Medicare and the home mortgage deduction to address the nation's growing budget deficit. An educational technician I worked with told me that after her father died, her mother depended on SS to raise her and her siblings. “We would never have made it without that monthly check,” she told me, but was too scared to write a letter to the editor about it for fear of repercussions from her employer. The average cost to deploy a soldier to Afghanistan for a year is $1,000,000. It has more than tripled since '01, mostly because of for-profit contractors.. » read more
The U.S. Middle Class Is Being Wiped Out: Here's the Stats to Prove It
The 22 statistics detailed here prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America. The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace. So why are we witnessing such fundamental changes? Well, the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations.. » read more
The U.S. Economy Is A Dead Horse And The American People Are Starting To Get Really Pissed Off And Frustrated
The economic frustration of the American people is reaching a fever pitch. Millions of Americans can't seem to get a good job no matter what they do. Millions of others are working as hard as they can but find that they keep coming up short at the end of the month. Record numbers of Americans are still going bankrupt. Record numbers of Americans are still losing their homes.. » read more
Collapse in Living Standards in America: More Poverty By Any Measure 15 million unemployed, homelessness has increased by 50 percent in some cities
More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history. Evidence of rising economic hardship is ample. There’s one commonly used standard for measuring it: the U.S. Census Bureau’s poverty rate.. » read more
Collapse in Living Standards in America: More Poverty By Any Measure 15 million unemployed, homelessness has increased by 50 percent in some cities
More than 15 million Americans are unemployed, homelessness has increased by 50 percent in some cities, and 38 million people are receiving food stamps, more than at any time in the program’s almost 50-year history. Evidence of rising economic hardship is ample. There’s one commonly used standard for measuring it: the U.S. Census Bureau’s poverty rate.. » read more
Consumer Spending is Flat, Unemployment is Rising: The Case for a Second Round of Economic Stimulus
Alan Greenspan has joined the ranks of the deficit hawks and is calling for austerity measures to reduce government spending. In an op-ed in last Thursday's Wall Street Journal titled "U.S. Debt and the Greece Analogy", Maestro Greenspan made the case for fiscal belt-tightening and disputed leading economists, like Nobel prize winners Paul Krugman and Joseph Stiglitz, who believe that the Obama administration should provide a second round of stimulus. In the opening paragraph, Greenspan dismisses the idea that cuts in government spending will push the economy back into recession.. » read more
50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe
Most Americans know that the U.S. economy is in bad shape, but what most Americans don't know is how truly desperate the financial situation of the United States really is. The truth is that what we are experiencing is not simply a "downturn" or a "recession". What we are witnessing is the beginning of the end for the greatest economic machine that the world has ever seen.. » read more
Analyst: Obama has U.S. economy in 'death spiral' 'Simple math' confirms unemployment won't be solved by government hiring
A new analysis of the U.S. economy shows that since 2007, the private sector has lost 10.5 million jobs while the public sector has added 720,000 jobs, creating a "death spiral" for the nation's economy. The study comes from The Free Enterprise Nation, a nonpartisan national membership/advocacy organization for individuals and businesses that make up the private sector.. » read more
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