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24 Reasons U.S. in Economic Decline

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  • 24 Reasons U.S. in Economic Decline

    For the second year in a row, Washington has given us a trillion dollar deficit. That is the good news.

    We now know that for at least eight more years, we will have yearly trillion dollar deficits.

    Along with the deficits are job killing laws like ObamaCare, cap and trade, the stimulus, the so called finance reform bill, the take over of autom makers, banks and the right of the people to live without the Nanny State.

    "Does anyone really want to hear that America is in decline? For decades, most of us have been raised to believe that the United States is "number one" and that anyone who doubts that fact is a "gloom and doomer" that should just pack up and move to "Russia" or "Iraq" or some other country where things are not nearly as good. But does it do us or future generations any good to ignore the very serious signs of trouble that are erupting all around us? The truth is that it is about time to wake up and admit how much trouble we are actually in. The U.S. government is absolutely drowning in debt. The entire society is absolutely drowning in debt. We are being slaughtered in the arena of world trade, and every single month tens of billions of dollars (along with large numbers of factories and jobs) leave our shores for good. Our infrastructure is failing, our kids are less educated and our incomes are going down."

    This translates into lost jobs--how bad?

    "#8 The United States has lost approximately 42,400 factories since 2001. Approximately 75 percent of those factories employed at least 500 workers while they were still in operation.

    #9 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

    #10 Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975."

    America is in real trouble and our President sees this as a good thing, to "transform" our nation into a Third Word State- so "no one nation will be superior, we will then all be equal."

    Equality in poverty, despair and totalitarianism.

    Pass this on, thanks.

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