The State of the Economy

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Man, when will the current US economy get any better. Got any clues?

I hope it is better by years 2013-2014, man it's insane. I want to live the American dream and prosper in my own way. I am mainly capitalist (although I may have a small bit of fiscal socialism in my ideas) FTW.

Ben Bernanke, the head of the Federal Reserve Bank, spoke recently and said that the economy will not begin to recover for at least another year. Still, the current jobs report for March comes out this Friday, April 2nd and that report is expected to be positive. All other economic indicators show that the economy is improving but, very slowly. All we can do is wait patiently and make the best of things.

Just be patient. The economy is starting to improve, but very slowly. Besides, I find no reason to believe we've entered a period of prolonged stagnation. In fact, once the recovery is under way, we will begin growth again.

It will never get better absent a radical transformation of the economic system.

The mainstream press avoids this, but the situation is so buggered that nothing will fix it. Some people will make money, that's always the case, but the average working man is going to lose it all.

This is by design to break the economic power of the United States so it can be brought into submission to the will of the United Nations. The economic power of the USA is why it has been able to resist what the rest of the world wants to do.

Life will go on, but the "American dream" died a generation ago for most people. People like us who are not workaholics won't find an easy path to prosperity because the average job won't lead to that door.

When we start thinking about our economy in terms of producing and distributing what's necessary to keep up our standard of living and stop thinking about our economy in terms of made-up financial indicators.

I don't get why most of the financial sector exists. Savings and loans, that's understandable. But derivatives trading? Sounds like they're conjuring things out of thin air.

Don't need a New World Order to explain common theft. The names on ownership change, exports are mostly food, hardly any people needed.

The economy, as in jobs, can never recover. Less people are needed to maintain basic industries.

At a million jobs a year created it would never catch up with the 25,000,000 unemployed.

The government plan, a trillion dollars a year added to the national debt. For the next decade. No one expects a recovery.

By this plan the debt grows as the Gross National Product decreases, till debt is twice the GNP. Interest on the debt puts America in debt servitude.

That was the best plan the best minds could come up with, and it will not work.

National Health Care. The unemployed can no longer pay, so facing a 10% loss of paying customers the medical business was the next bubble to pop. The answer, force people to buy their product. This was to prop up the Federal, State, worker medical programs. The people will pay to continue the two tier system.

The next crash is coming because taxes are down at evey level, property values are still falling, and most levels of government planned on a future of growing tax income. The 12.5% unemployed in California are not paying into State income tax, and real estate is down by half. Most States are bankrupt.

They can raise taxes, which will cause a faster decline, or cut services, which will cause a faster decline.

The economic can recover at a lower level, but nothing can fix the government bubble.

It is going to get worse. The financial bubble (includes debt and taxes) will continue to grow. Jobs will be offshored at a faster rate and the number of migrants to the US will increase putting additional downward pressure on salaries.

This year looks fine, but 2013 and 2014... I don't know. The decline of the dollar worries me.

If you have a job - hold on to it.

Evidence?

Just look at the fact that even up to now, the UN needs our money and that's why they let us do as we please most all of the time.

If they didn't need our money, they'd be dictating terms to us. If we didn't have the funds to marshal a large enough military force, we could offer no resistance.

I want more than mere supposition, where's the hard evidence.

Documents?

Audio or video of the Secretary General planning these things while petting his fluffy white cat, and gazing in smug self-importance at his powerful laser cannon is about to kill a well dressed British secret agent?

Why do you mock?

Supposition or speculation as to motive really is irrelevant. The "What" is still taking place: The USA is coming down.

Because it's absurd.

I don't believe the United States will last forever, but I don't see it "coming down" anytime soon.

You almost sound like you want that to happen.

you said patiently, you owe me $100.

Not specifically.

No, it's not absurd.

Global planners (read The Creature from Jekyll Island) created many institutions to slowly erode US prosperity and economic strength to force it to become "interdependent" with every other nation in the world. From income taxation, Social Security, the Federal Reserve Bank, etc....all created to shift wealth from the common man to the hands of the few while strengthening centralized government and conditioning the masses to reject concepts of national sovereignty, independence, self-reliance, etc.

The goal was to create a global government....which we essentially have....executive, legislative and judicial. All it lacks is a sufficient military to enforce it's will, and that would be taken care of if they got a 0.10% tax on international money transfers (something they've tried to get passed many times) as right now they are dependent on individual national contributions to fund operations. Of course, the people who dreamed this up ensured that they (and their descendants) would be the ones in the elect positions of power when the process is complete.

The biggest hurdle to this is economic strength. They can either do what they want by force, which would result in global war, or economic pressure (make people so destitute that they will gladly trade independence for sustenance). Americans were their biggest problem because of our individual and national prosperity. It's taken decades, but it's all coming down...all through policies that an amateur businessman could see were unhealthy, but pushed relentlessly so that being able to realize the American Dream (to be better off than the generation before you) is now pretty much impossible to attain.