In spite of the June jobs report of about 287,000 non-farm jobs many Americans still have the feeling that the economy of the United States is something of a bubble that will burst sometime like a souffle collapsing.It seems as if the U.S. economy is pumped up with the gas of public debt, foreign investment, outsourcing of good jobs to China to make things cheaper to sell to Americans about half of whom are on the public dime in some way or another.
http://www.reuters.com/article/us-usa-economy-payrolls-idUSKCN0ZO1CZ
It has nothing to do with President Obama being in part, African. Americans realize that since the Carter administration Wall Street has been getting exceptional favors for 'liberalization'. Wealth has concentrated and is getting worse all the time.The Clintonomic phenomena with Larry Summers took an entirely wrong course in cutting everything possible for Wall Street such that deregulation allowed globalist empowerment at a time when financial discipline was called for,
The U.S. workforce now is four million less than in the year 2000. The number of Americans not in the workforce increase 15 million in the same period.
After the cold war the U.S.Government should have been sober and wary of irrational exuberance instead of taking a victory lap for capitalism with no concern for economic reality. With careful taxation and investment in paying off the U.S. public debt, and keeping out of new permanent foreign trade alliances, in letting gradual and moderate economic growth rise the world of problems the U.S.A. faces today with about 20 trillion dollars of debt, a habit of fomenting conflict with Russia and stimulating global Muslim terrorism could have been avoided.It is time to rectify that approach and created new work opportunities for Americans that support quality lifestyles.
http://www.usdebtclock.org/
http://www.reuters.com/article/us-usa-economy-payrolls-idUSKCN0ZO1CZ
It has nothing to do with President Obama being in part, African. Americans realize that since the Carter administration Wall Street has been getting exceptional favors for 'liberalization'. Wealth has concentrated and is getting worse all the time.The Clintonomic phenomena with Larry Summers took an entirely wrong course in cutting everything possible for Wall Street such that deregulation allowed globalist empowerment at a time when financial discipline was called for,
The U.S. workforce now is four million less than in the year 2000. The number of Americans not in the workforce increase 15 million in the same period.
After the cold war the U.S.Government should have been sober and wary of irrational exuberance instead of taking a victory lap for capitalism with no concern for economic reality. With careful taxation and investment in paying off the U.S. public debt, and keeping out of new permanent foreign trade alliances, in letting gradual and moderate economic growth rise the world of problems the U.S.A. faces today with about 20 trillion dollars of debt, a habit of fomenting conflict with Russia and stimulating global Muslim terrorism could have been avoided.It is time to rectify that approach and created new work opportunities for Americans that support quality lifestyles.
http://www.usdebtclock.org/
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