For the past 39 months fewer than 59% of working age Americans had jobs, the trade deficit with China was about 300 billion dollars in 2011. Half a million jobs are outsourced to China each year, more than 100 million Americans are enrolled in some federal welfare program. These and other facts are from a list of 75 economic facts at...
By the end of the 2nd Obama term the middle class and poor will have continued to wither and the public debt will be about 21 trillion dollars. Considering that no Presidential candidate is likely to have real economic policy able to balance the budget and start paying down the debt, it will only increase to grow and annual interest payments on the debt will be a trillion dollars.
With such a future the Democrat Party may be frightened of American gun ownership down the road. It might be easier to disarm the public and put them all on happy drugs transforming the populous into a kind of opium den without much cognizance of social reality.
No comments:
Post a Comment