AS THE SEQUESTER LOOMS MANY PUNDITS WILL BE BLABBING ABOUT THE ECONOMY....
WHAT KILLED THE US ECONOMY...?
OF COURSE THE STANDARD ANSWER IS THE GREEDY POOR AND THE UNDESERVING ELDERLY...
ENTITLEMENTS KILLED THE US ECONOMY...NOT WALL STREET OR THE BLOATED RICH... THIS IS JUST TO OBVIOUS TO BE IGNORED...
WHAT REALLY KILLED THE US ECONOMY...WAS FREE TRADE...WHICH OFF SHORED US PRODUCTION...AND BALLOONED THE TRADE DEFICITS...!
THE BUDGET DEFICITS ARE ESSENTIALLY THE PRODUCT OF THE TRADE DEFICITS...! YOU NEVER HEAR THIS MENTIONED...!
THE BUDGET DEFICIT MERELY REDISTRIBUTES WEALTH INSIDE THE US ECONOMY...
THE TRADE DEFICIT TAKES CAPITAL OUT OF THE US ECONOMY TO OFF SHORE LOCATIONS...MOSTLY IN ASIA.
CURIOUSLY THE TRADE DEFICIT HAS ALSO KILLED THE AMERICAN WORKFORCE...!
NOT ONLY BY DESKILLING...
THE LACK OF LIVING WAGE JOBS HAS CAUSED THREE GENERATIONS OF YOUNG AMERICANS NOT TO MARRY EARLY...AND TO AVOID HAVING A FAMILY...NOW THERE ARE SIMPLY FEWER PEOPLE IN THE WORKFORCE...
THIS IS AN UNMENTIONED KNOCK ON EFFECT FROM FREE TRADE...
OF COURSE THE WASHINGTON "CURE" WAS THE ASSET BUBBLE ECONOMY...IT DIDN'T SOLVE ANYTHING...BUT IT MASKED IT LONG ENOUGH FOR THE LOOTING TO REACH CRITICAL MASS...
THE IN 2008 IT ALL HIT THE FAN...
WHAT CAUSED THE DECLINE OF AMERICA... OBVIOUSLY THE ENTITLEMENTS...WHICH WITH OUT GROWTH AND PRODUCTION ARE NOW UNSUSTAINABLE...
EVEN AS THE ELITES AN INTERNATIONAL CAPITAL LEAVE AMERICA FOR ASIA EVERYDAY...
SORRY...
WHAT KILLED THE US ECONOMY...?
OF COURSE THE STANDARD ANSWER IS THE GREEDY POOR AND THE UNDESERVING ELDERLY...
ENTITLEMENTS KILLED THE US ECONOMY...NOT WALL STREET OR THE BLOATED RICH... THIS IS JUST TO OBVIOUS TO BE IGNORED...
WHAT REALLY KILLED THE US ECONOMY...WAS FREE TRADE...WHICH OFF SHORED US PRODUCTION...AND BALLOONED THE TRADE DEFICITS...!
THE BUDGET DEFICITS ARE ESSENTIALLY THE PRODUCT OF THE TRADE DEFICITS...! YOU NEVER HEAR THIS MENTIONED...!
THE BUDGET DEFICIT MERELY REDISTRIBUTES WEALTH INSIDE THE US ECONOMY...
THE TRADE DEFICIT TAKES CAPITAL OUT OF THE US ECONOMY TO OFF SHORE LOCATIONS...MOSTLY IN ASIA.
CURIOUSLY THE TRADE DEFICIT HAS ALSO KILLED THE AMERICAN WORKFORCE...!
NOT ONLY BY DESKILLING...
THE LACK OF LIVING WAGE JOBS HAS CAUSED THREE GENERATIONS OF YOUNG AMERICANS NOT TO MARRY EARLY...AND TO AVOID HAVING A FAMILY...NOW THERE ARE SIMPLY FEWER PEOPLE IN THE WORKFORCE...
THIS IS AN UNMENTIONED KNOCK ON EFFECT FROM FREE TRADE...
OF COURSE THE WASHINGTON "CURE" WAS THE ASSET BUBBLE ECONOMY...IT DIDN'T SOLVE ANYTHING...BUT IT MASKED IT LONG ENOUGH FOR THE LOOTING TO REACH CRITICAL MASS...
THE IN 2008 IT ALL HIT THE FAN...
WHAT CAUSED THE DECLINE OF AMERICA... OBVIOUSLY THE ENTITLEMENTS...WHICH WITH OUT GROWTH AND PRODUCTION ARE NOW UNSUSTAINABLE...
EVEN AS THE ELITES AN INTERNATIONAL CAPITAL LEAVE AMERICA FOR ASIA EVERYDAY...
SORRY...
