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Many Americans just blithely go about their lives. They know things are worse but wait, there is a new Iphone out they can go get. The Romans understood this concept so they had bread and circuses.
The drive by media, still in the tank for Obama will not talk about how bad things are. Just how bad is our economy now?
The Economic Collapse Blog just released some staggering statistics.
Among other shockers are these:
- Incomes fell for the bottom 80 percent of all income earners in the United States during the 12 months leading up to June 2014.
- According to one recent report, 43 million Americans currently have unpaid medical debt on their credit reports. (Didn’t Obamacare work out so well for everone?)
- For each of the past six years, more businesses have closed in the United States than have opened. Prior to 2008, this had never happened before in all of U.S. history.
- If you have no debt at all, and you also have 10 dollars in your wallet, that you are wealthier than 25 percent of all Americans.
- The average American must work from January 1st to April 24th just to pay all federal, state and local taxes.
America is in a complete economic collapse. This is the total and complete destruction of America as an economic superpower.
As bad as that is, the government is stuck on stupid. Both Democrats and Republicans want Amnesty. Amnesty will break the back of our economy. Millions of new illegal aliens will be on welfare, skyrocketing the costs of welfare and public services.
Both Democrats and Republicans want to pass the Trans Pacific Partnership, a super free trade agreement. Under this agreement, which Congress will basically have to pass to find out what is in it, American jobs will be lost. American businesses will be put at a competitive disadvantage with foreign businesses.
2016 truly is America’s last chance. If a Democrat is elected President or if Jeb Bush is elected, it really is game over for America. The Great Obama Depression will become the Great Bush Depression (or the Great Warren Depression) and America will go the way of other fallen superpowers.
America has a choice. Elect someone like Ted Cruz who will change things or we can live the words of Ronald Reagan who warned us one day we would be telling our children and grandchildren what it was like to grow up in America, when it was a free and great nation.
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