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Over The Last 10 Years The U. Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad. Even though I write about our ongoing long-term economic collapse every day, I didn”t realize that things were this bad. In this article, I am going to show you that the average rate of growth for the U. 10 years is exactly equal to the average rate that the U. Perhaps this fact shouldn”t be that surprising, because we already knew that Barack Obama was the only president in the entire history of the United States not to have a single year when the economy grew by at least 3 percent.
Of course the mainstream media continues to push the perception that the U. Great Depression than it does with times of great economic prosperity. The Economic Collapse » Over The Last 10 Years The U. The Tens Of Millions Of Forgotten Americans That The U. Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
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When I first read that, I thought that this claim could not possibly be true. But I was curious, and so I looked up the numbers for myself. What I found was absolutely astounding. I thought that was a really strange coincidence, and so I pulled up my calculator and ran all of the numbers again and I got the exact same results. The 1930s certainly had more big ups and downs, but the average rate of economic growth during that decade was exactly the same as we have seen over the past 10 years. And of course the early 1940s turned out to be a boom time for the U. GDP growth during the first quarter of 2017 was just 0.
But you don’t hear any talk like this on the mainstream news, do you? Instead, they tell us that everything is just peachy. I often wonder what things would be like right now if Barack Obama and his minions in Congress had not added more than 9 trillion dollars to the national debt. By stealing all of that money from future generations of Americans and spending it now, Obama was able to artificially prop up the U. If we were able to go back and remove 9 trillion dollars of government spending from the economy over the past 8 years, we would be in a rip-roaring economic depression right now.
The Shocking Truth About How Barack Obama Was Able To Prop Up The U. But even though we have been adding more than a trillion dollars to the national debt each year, and even though the Federal Reserve pushed interest rates all the way to the floor during the Obama era, the U. When you take an honest look at the numbers, there is no way that anyone can possibly claim that the U. The best that you can say is that we have been staving off a complete economic meltdown and another Great Depression, but of course the measures that our leaders have been taking to do this have just been making our long-term problems even worse. I feel bad for President Trump, because he has inherited the biggest economic mess in U. When we finally reach the point when it is impossible to artificially prop up the U.
It is not going to be possible for Trump or anyone else to fix our system, because it was fundamentally flawed from the very beginning. The Federal Reserve was designed to create an endless spiral of government debt, and since the day it was created the U. 5000 times larger and the value of the U. If I was President Trump, I would look to start issuing debt-free U. President Kennedy did in 1963 as soon as possible.
In addition, we need to push tax rates as low as possible. Personally, I would like to see the day when the personal income tax is completely eliminated and the IRS is shut down. The greatest period of economic growth in all of U. America once thrived in such an environment, and I believe that we can do it again. Of course we need to also dramatically reduce the size and scope of the federal government. Businesses all over America are being strangled to death by mountains of federal regulations, and if we could just get the government off of their backs the business community could start thriving again.
Once upon a time the United States showed the world the power of free markets and capitalism, and if we want to make America great again, we should go back and do the things that made America great in the first place. But would the American people be willing to go down that path? Imagine yourself being perpetually robbed of your earnings for a century’s lifetime. If we had twice the lifespan, would you want to drastically improve your livelihood after more than 100 years of getting screwed? No, because it would be too late. US at all, and many people now are GROSSLY OVERPAID relative to the work they perform which is precisely way so many are in danger of having their jobs totally eliminated. Nearly half of Americans working in retail are at risk of losing their job to a robot, a new stud found.
Sounds like a typical American slave. I should work 4 to 6 months of the year for government at the local, state, and federal level and not complain. Those who survive will be those who learn to live simple. I want my black back but there’s another. Sounds like you are a simpleton.