Has the U.S. economy gotten better over the past six months or has it gotten worse? In this article, you will find solid proof that the U.S. economy has continued to get worse over the past six months. Unfortunately, most people seem to think that since the stock market has rebounded significantly in recent weeks that everything must be okay, but of course that is not true at all. If you look at a chart of the Dow, a very ominous head and shoulders pattern is forming, and all of the economic fundamentals are screaming that big trouble is ahead. When Donald Trump told the Washington Post that we are heading for a “very massive recession“, he wasn’t just making stuff up. We are already seeing lots of things happen that never take place outside of a recession, and the U.S. economy has already been sliding downhill fairly rapidly over the past several months. With all that being said, the following are 19 facts that prove things in America are worse than they were six months ago…
#1 U.S. factory orders have now declined on a year over year basis for 16 months in a row. As Zero Hedge has noted, in the post-World War II era this has never happened outside of a recession…
In 60 years, the US economy has not suffered a 16-month continuous YoY drop in Factory orders without being in recession. Moments ago the Department of Commerce confirmed that this is precisely what the US economy did, when factory orders not only dropped for the 16th consecutive month Y/Y, after declining 1.7% from last month
#2 Factory orders have now reached the lowest level that we have seen since the summer of 2011.
#3 It is being projected that corporate earnings will be down 8.5 percent for the first quarter of 2016 compared to one year ago. This will be the fourth quarter in a row that we have seen year over year declines, and the last time that happened was during the last recession.
#4 Total business sales have fallen 5 percent since the peak in mid-2014.
#5 S&P 500 earnings have now fallen a total of 18.5 percent from their peak in late 2014.
#6 Corporate debt defaults have soared to the highest level that we have seen since 2009.
#7 The average rating on U.S. corporate debt has fallen to “BB”, which is lower than it has been at any point since the last financial crisis.
#8 The U.S. oil rig count just hit a 41 year low.
#9 51 oil and gas drillers in North America have filed for bankruptcy since the beginning of last year, and according to CNN we could be on the verge of seeing the biggest one yet…
Shale oil driller SandRidge Energy (SD) warned there was “substantial doubt” it would survive the oil downturn. The Oklahoma City company said this week it is exploring a potential Chapter 11 bankruptcy filing.
Based on its $3.6 billion of debt, SandRidge would be the biggest North American oil-focused company to go bust during the current downturn, according to a CNNMoney analysis of stats compiled by law firm Haynes and Boone.
#10 According to Challenger, Gray & Christmas, job cut announcements by major firms in the United States were up 32 percent during the first quarter of 2016 compared to the first quarter of 2015.
#11 Consumers in the United States accumulated more new credit card debt during the 4th quarter of 2015 than they did during the entire years of 2009, 2010 and 2011 combined.
#12 Existing home sales in the U.S. were down 7.1 percent during the month of February, and this was the biggest decline that we have witnessed in six years.
#13 Subprime auto loan delinquencies have hit their highest level since the last recession.
#14 The Restaurant Performance Index in the U.S. recently dropped to the lowest level that we have seen since 2008.
#15 Major retailers all over the country are shutting down hundreds of stores as the “retail apocalypse” accelerates.
#16 If you take the number of working age Americans that are officially unemployed (8.1 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (93.9 million), that gives us a grand total of 102 million working age Americans that do not have a job right now
#17 Since peaking during the 3rd quarter of 2014, U.S. exports of goods and services have been steadily declining. This is something that we never see outside of a recession…
#18 The cost of everything related to medical care just continues to skyrocket even though our wages are stagnating. According to the Social Security Administration, 51 percent of all American workers make less than $30,000 a year, and yet the cost of medical care just hit a brand new all-time high…
#19 Our government debt continues to spiral out of control. At this point it is sitting at a staggering total of $19,218,516,838,306.52, but when Barack Obama first entered the White House it was only 10.6 trillion dollars. That means that our government has been stealing an average of more than 100 million dollars an hour from future generations of Americans every single hour of every single day since Barack Obama was inaugurated…
How in the world can anyone look at those numbers and suggest that everything is okay?
I simply do not understand how that could be possible.
Part of the problem is that Americans have been trained to be irrationally optimistic. It is fine to have an optimistic outlook on life, but when it causes you to throw logic and reason out the window that is not good.
For example, you can be “optimistic” about your ability to fly all you want, but if you step off a 10 story building you are going to take a very hard fall to the ground.
Similarly, you can ignore all of the facts and pretend that our economic prosperity is sustainable all you want, but it won’t change the fundamental laws of economics.
On a personal note, I would like to thank everyone that has helped make my new book the #1 new release in Christian eschatology on Amazon.com. I understand that a lot of my secular readers are not going to understand my fascination with Bible prophecy, and that is okay. I felt that I needed to write this book to address some very serious errors that are being taught in churches all over America today, and I also wanted to inspire believers to face the great hardships and persecution that are coming.
Just because very difficult times are approaching does not mean that it will be time to run and hide. My wife and I always live our lives with no fear, and when things get crazy we believe that it will be an opportunity to do even more good. We believe that the greatest chapters of our lives are still ahead of us, and we want people to understand why they can look forward to the future even though great darkness is rising all around us.
So yes, I definitely carry a message of warning.
But I also bring a message of hope.
As we look toward the future, there is much to be concerned about, but there are also things happening that are worth getting extremely excited about.
It is when times are the darkest that the light is needed the most, and very soon light will be greatly, greatly needed in the United States of America.
Why does this keep happening to America? Since the month of September, the United States has been absolutely pummeled by a devastating series of disasters, and this most recent one may be the worst of all. Right now, communities all along the Mississippi, Missouri and Arkansas rivers are dealing with “historic” flooding. In Missouri, it is being said that nobody “that is living has ever seen anything like this“, and it is being projected that rivers could reach levels not seen since “the Great Flood” of 1993. Portions of Interstate 44 have been totally shut down, and thousands of people have either already been evacuated from their homes or are preparing to evacuate. It would be difficult to overstate the utter devastation that we are witnessing. Personally, I have some very good friends in southern Missouri, and I will definitely be keeping them in my prayers.
The governor of Missouri, Jay Nixon, is warning people to be very careful. Thirteen people have already been killed by the flooding, and Nixon says that the waters are going “places they’ve never been before”…
Thirteen people in Missouri have died in floods caused by severe storms over the weekend, and although the rain has moved on, swollen rivers are still rising and won’t crest for days, Gov. Jay Nixon said.
“It’s very clear that Missouri is in the midst of a very historic and dangerous flooding event,” Nixon told reporters Tuesday. “The amount of rain we’ve received, in some places in excess of a foot, has caused river levels to not only rise rapidly, but to go to places they’ve never been before.”
A state of emergency was declared in Missouri on Monday, and yesterday Governor Nixon activated the National Guard. But the river is still rising, and the worst is yet to come.
At this point, some communities have already been totally wiped out. This includes the little town of Rockaway Beach, which is not too far away from Branson. The following comes from USA Today…
In Missouri, some areas have already been hit hard by the first wave of rising water. Rockaway Beach, located near Branson in southwest Missouri, was swamped by waters from the swollen White River.
The tourist town of 800 “has just been demolished,” Mayor Don Smith told KYTV. “It’s devastating, and we are all so exhausted.”
It is being reported that the Mississippi River is now a mile wide is some places, and there are debris piles that are up to two stories tall. Authorities are projecting that the flooding along some areas of the river will match or break all-time records that were set back in 1993…
In some parts of the Missouri, rivers are expected to crest as high as they did during devastating flooding in 1993, which is known as the “great flood,” Nixon said.
The National Weather Service predicted that the Mississippi River at Chester, Illinois, would crest at 49.7 feet Friday, matching the 1993 record, the governor’s office said. The Mississippi at Thebes was expected to crest Saturday at a record-breaking 47.5 feet.
The Mississippi River is expected to reach nearly 15 feet above flood stage on Thursday at St. Louis, which would be the second-worst flood on record, behind only the devastating 1993 flood.
What is happening in the center of the country right now is just the continuation of a trend that has been building for months. Just check out this list of flooding events that we have seen in the U.S. since the end of the summer…
-Moisture from Hurricane Joaquin caused the worst flooding in the history of the state of South Carolina.
-Flash flooding caused “rivers of mud” to cover highways in southern California.
-The remnants of Hurricane Patricia caused tremendous flooding in many parts of Texas.
-One of the strongest El Ninos ever recorded has sent an endless stream of storms barreling into coastal areas of Oregon and Washington. This has caused horrible flooding in some areas.
Meanwhile, we continue to witness a rise in earthquake activity as well.
Oklahoma, which had already shattered an all-time state record for earthquakes in 2015, was hit by a 4.3 magnitude earthquake yesterday.
And just within the last 24 hours, a 4.4 magnitude earthquake hit near San Bernardino, California, and a 4.8 magnitude earthquake shook northwestern Washington and Vancouver Island.
Also, let’s not forget all of the wildfires that have been happening. On Christmas Day, a massive 1,200 acre blaze erupted near Ventura, California, and that topped off a year during which wildfires burned more acres in America than ever before.
Of course I could also mention the extremely rare EF-4 tornado that ripped through Garland, Texas just a few days ago and the ongoing multi-year drought that is still plaguing most of the state of California.
On top of everything else, a huge solar storm is going to hit our planet on New Year’s Eve. Fortunately, authorities do not expect that it will do that much damage.
Nobody can deny that our weather is getting really, really crazy.
So precisely why is this happening?
There is certainly a lot of debate about this. It is almost as if someone flipped a switch in September and turned on a disaster machine, because since that time there has been an endless parade of major events.
Do you have a theory that can explain what we are witnessing?
If so, please feel free to share it with the rest of us by posting a comment below…
I have never seen more buzz about a potential terror attack during the holiday season than I am seeing right now. Over the past couple of weeks, the mainstream media and the alternative media have both been full of headlines about the possibility of terrorism on Christmas Day or New Year’s Eve. And personally, I have had numerous people contact me with their concerns or regarding something that they have heard from others. In addition to threats from ISIS, there are many out there that are completely convinced that we could soon see a major false flag incident in the United States. So are any of these rumors true? Will we soon see a major terror incident in America? I want to make it very clear that I do not know. As an attorney, I have been trained to come to conclusions based on the evidence, and at this moment I do not have anything completely solid to report to you. But I do believe that it is noteworthy that there is so much buzz about a potential terror attack that is coming in from so many different directions.
For example, earlier today a mainstream news report indicated that authorities had discovered a “credible threat” against New York City. The phrase “credible threat” was later retracted, but it is a fact that NYPD Commissioner William Bratton did hold “an emergency meeting” on Tuesday to address the threat of terror…
Top NYPD brass including Commissioner William Bratton held an emergency meeting Tuesday to discuss the need for increased vigilance, sources said.
All New York City police officers received a bulletin Tuesday afternoon outlining the department’s tactical plan and warning officers to stay vigilant, according to sources. That internal memo mentioned social media being used as a tactic and that a possible attack could come without warning.
Expect to see increased police presence at iconic locations across multiple boroughs, including Times Square, St. Patrick’s Cathedral for Midnight Mass on Thursday, and Barclays Center in Brooklyn, marking the first time a threat has sparked a swell of police presence in a borough other than Manhattan.
In Germany, it is being reported that a former ISIS fighter is telling authorities that ISIS is planning “coordinated attacks across multiple European cities”…
ISIS are threatening coordinated attacks across multiple European cities, a former militant who escaped from the terror group has revealed.
The former Islamic State fighter – called Harry S – recently escaped from the group in Syria and is now being questioned by the authorities in Germany.
He says, along with other fighters, he was asked if he would “bring jihad to their homeland”.
Could he be telling the truth?
You never know. He might just be blowing a lot of hot air. But after what recently took place in Paris and San Bernardino, we all need to be more diligent.
And without a doubt, it is quite probable that the next attack could be bigger than anything else that we have seen so far. That same ex-ISIS fighter told the Germans that ISIS wants “something that happens everywhere at the same time”…
Worryingly, as reported by Der Spiegel, he told police: “They want something that happens everywhere at the same time.
“All you need is to take a big knife, and go down to the streets and slighter every infidel you encounter.”
And there is some evidence that radical Islamists have been planning just such an attack inside the United States. Just check out what authorities found when they recently raided the home of a 19-year-old jihadist in Pennsylvania…
Thursday, The U.S. Department of Justice announced the arrest of 19-year-old Jalil Ibn Ameer Aziz, who lived in a home with his parents in the 1700 block of Fulton Street in Harrisburg.
According to an affidavit, Aziz was preparing to conduct or assist in an attack in the U.S. An investigation also revealed that Aziz attempted to aid ISIS supporters in traveling to Syria for the purpose of becoming ISIS fighters.
On November 27, investigators raided Aziz’s home and found five loaded M4-style high-capacity magazines, a modified kitchen knife, a thumb drive, medication and a balaclava inside a backpack Aziz’s kept inside a closet.
We also know that the San Bernardino shooters had accumulated quite an arsenal in their home as well. Mike Adams of Natural News believes that this is yet more evidence that a “multi-city ISIS attack” was being planned…
I have reason to believe that a massive, multi-city ISIS attack will be unleashed across America in the near future.
Why do I believe this? Because the evidence points to the likelihood that the San Bernardino ISIS terrorists disobeyed orders and prematurely initiated their attack on a relatively small group. The twelve pipe bombs and thousands of rounds of ammunition found in their apartment point to the realization that they were preparing for something much larger.
If you’re a terrorist, you don’t build twelve pipe bombs and then leave them behind during your attack. You use them in large crowds, of course, to maximize the bloodshed and terror factor. The very existence of these pipe bombs — if indeed they weren’t planted by the feds — means that another, larger attack was in the planning stages and approaching activation.
Whether we see a major attack within the next couple of weeks or not, it is inevitable that the next one will happen at some point. I think that the holidays are a flashpoint in particular because they have a great deal of symbolic meaning and because there are such large public gatherings of people around Christmas and on New Year’s Eve.
And the federal government recognizes this as well. As Christmas draws closer, FEMA has been helping churches prepare for “active shooter incidents“, and the feds will be keeping a very close eye on New Year’s Eve celebrations in New York City and elsewhere.
Of course many Americans do not have much faith in the ability of the federal government to protect them. In fact, there are some that are simply going to avoid any large public gatherings of people until after the holidays are over.
So are those individuals being paranoid or prudent?
Please feel free to tell us what you think by posting a comment below…
Corporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth. We are literally drowning in red ink from sea to shining sea, and yet we just can’t help ourselves. Consumer credit has doubled since the year 2000. Student loan debt has doubled over the course of the past decade. Business debt has doubled since 2006. And of course the debt of the federal government has doubled since 2007. Anyone that believes that this is “sustainable” in any way, shape or form is crazy. We have accumulated the greatest mountain of debt that the world has ever seen, and yet despite all of the warnings we just continue to race forward into financial oblivion. There is no possible way that this is going to end well.
Just the other day, a financial story that USA Today posted really got my attention. It contained charts and graphs that showed that business debt in the U.S. had doubled since 2006. I knew that things were bad, but I didn’t know that they were this bad. Back in 2006, just prior to the last major economic downturn, U.S. nonfinancial companies had a total of about 2.6 trillion dollars of debt. Now, that total has skyrocketed to 5.8 trillion…
Companies are sitting on a record $1.82 trillion in cash. That might sound impressive until you hear companies owe three times more – $5.8 trillion, according to a new report from Standard & Poor’s Ratings Services.
Debt levels are soaring at U.S. non-financial companies so quickly – total debt outstanding rose $650 billion in 2014, which is six times faster than the $100 billion in added cash.
So are we in better condition to handle an economic crisis than we were the last time, or are we in worse shape?
Let’s look at another category of debt. According to new data that just came out, the total amount of student loan debt in the U.S. is up to a staggering 1.2 trillion dollars. That total has more than doubled over the past decade…
New data released by The Associated Press shows student loan debt is over $1.2 trillion, which is more than double the amount of a decade ago.
Students are facing an average of $35,000 in debt, that’s the highest of any graduating class in U.S. history. A senior at University of Colorado, Colorado Springs, Jon Cheek, knows the struggle first hand.
“It’s been a pretty big concern, I work while I go to school. I applied for a bunch of scholarships and done everything I can to try and keep it low,” said Cheek.
And of course it isn’t just student loan debt. American consumers have had a love affair with debt that stretches back for decades. As the chart below demonstrates, overall consumer credit has more than doubled since the year 2000…
If our paychecks were increasing at this same pace, that would be one thing. But they aren’t. In fact, real median household income is actually lower today than it was just prior to the last economic crisis.
So American households should actually be cutting back on debt. But instead, they are just piling on more debt, and the financial predators are becoming even more creative. In a previous article, I discussed how many auto loans are now being stretched out for seven years. At this point, the number of auto loans that exceed 72 months is at an all-time high…
The average new car loan has reached a record 67 months, reports Experian, the Ireland-based information-services company. The percentage of loans with terms of 73 to 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier.
Long-term used-vehicle loans also broke records with loan terms of 73 to 84 months reaching 16% in the first quarter 2015, up from 12.94% — also the highest on record.
When will we learn?
The crash of 2008 should have been a wake up call.
We should have acknowledged our mistakes and we should have started doing things very differently.
But instead, we just kept on making the exact same mistakes. In fact, our long-term financial problems have continued to accelerate since the last recession. Just look at what has happened to our national debt. Just prior to the last recession, the U.S. national debt was sitting at approximately 9 trillion dollars. Today, it is over 18 trillion dollars…
Our debt has grown so large that we will never be able to get out from under it. This is something that I covered in my recent article entitled “It Is Mathematically Impossible To Pay Off All Of Our Debt“. Because of our recklessness, our children, our grandchildren and all future generations of Americans are consigned to a lifetime of debt slavery. What we have done to them is beyond criminal. If we lived in a just society, a whole bunch of people would be going to prison for the rest of their lives over this.
During fiscal year 2014, the debt of the federal government increased by more than a trillion dollars. But in addition to that, the federal government has more than seven trillion dollars of debt that must be “rolled over” every year. In other words, the government must issue more than seven trillion dollars of new debt just to pay off old debts that are coming due.
As long as the rest of the world continues to lend us enormous mountains of money at ridiculously low interest rates, we can continue to keep our heads above the water. But this can change at any time. And once it does, interest rates will rise. If the average rate of interest on U.S. government debt was to return to the long-term average, we would very quickly find ourselves spending more than a trillion dollars a year just on interest on the national debt.
The debt-fueled prosperity that we are enjoying now is not real. It is a false prosperity that has been purchased by selling future generations into debt slavery. We have mortgaged the future to make our own lives better.
We are addicts. We are addicted to debt, and no matter how many warnings we receive, we just can’t help ourselves.
Shame on you America.
If you were laid off from your job, would you be willing to train your replacement if your company threatened to take away your severance pay if you didn’t do it? And how would you feel if your replacement came from India, and the only reason your company was replacing you was because the foreign worker was a lot less expensive? Sadly, this is happening all over America – especially in the information technology field. Huge corporations such as Disney and Southern California Edison are coldly firing existing tech workers and filling those jobs with much cheaper foreign replacements. They are doing this by blatantly abusing the H-1B temporary worker visa program. Workers that had been doing a solid job for decades are being replaced without any hesitation just because it will save those firms a little bit of money. There is very, very little loyalty left in corporate America today. Even if you have poured your heart and your soul into your company for years, that ultimately means very little. The moment that your usefulness is over, most firms will replace you in a heartbeat these days.
When I learned that Disney was doing this, I was absolutely outraged. Talk about a company that is going down the toilet. The following comes from the New York Times…
While families rode the Seven Dwarfs Mine Train and searched for Nemo on clamobiles in the theme parks, these workers monitored computers in industrial buildings nearby, making sure millions of Walt Disney World ticket sales, store purchases and hotel reservations went through without a hitch. Some were performing so well that they thought they had been called in for bonuses.
Instead, about 250 Disney employees were told in late October that they would be laid off. Many of their jobs were transferred to immigrants on temporary visas for highly skilled technical workers, who were brought in by an outsourcing firm based in India. Over the next three months, some Disney employees were required to train their replacements to do the jobs they had lost.
“I just couldn’t believe they could fly people in to sit at our desks and take over our jobs exactly,” said one former worker, an American in his 40s who remains unemployed since his last day at Disney on Jan. 30. “It was so humiliating to train somebody else to take over your job. I still can’t grasp it.”
Honestly, I don’t think that I could do it.
I don’t think that I could train my much cheaper foreign replacement.
But if you are the average American that is just barely scraping by from paycheck to paycheck, I guess complete and total humiliation is better than losing your home to foreclosure.
Out on the west coast, Southern California Edison did the exact same thing that Disney did. The following is an excerpt from a Fox News report…
Anonymous workers who were displaced by the visa holders also submitted written testimonials to lawmakers detailing their firings. Several claimed they were forced to train their replacements, and threatened with losing their severance if they did not.
“We had no choice in this,” one anonymous worker who claimed to have been one of those let go from Southern California Edison, said in a letter. The worker described how when the two vendors were picked – Infosys and TCS, both major Indian companies – SCE employees were told to “sit with, video chat or do whatever was needed to teach them our systems.”
If they did not cooperate, according to the testimonial, “we would be fired and not receive a severance package.”
That is wrong on so many levels. But this is what corporate America has become today – a cold, heartless place that has absolutely no empathy for the average worker.
These workers at Southern California Edison were even told that the firm “could replace one of us with three, four, or five Indian personnel” and still save money on the deal…
“They told us they could replace one of us with three, four, or five Indian personnel and still save money,” one laid-off Edison worker told me, recounting a group meeting with supervisors last year. “They said, ‘We can get four Indian guys for cheaper than the price of you.’ You could hear a pin drop in the room.”
The original intent of the H-1B temporary worker visa program was to allow U.S. companies to import foreign workers to do jobs that they were unable to fill with American workers.
But that is not what is happening.
Instead, the H-1B temporary worker visa program is being used to replace thousands upon thousands of well paid American workers.
It is a disgusting practice and it needs to stop. There has been so much outrage over this that it has even gotten the attention of the U.S. Senate. The following is from a letter that a bipartisan group of U.S. Senators sent to the Attorney General…
A number of U.S. employers, including some large, well-known, publicly-traded corporations, have reportedly laid off thousands of American workers and replaced them with H-1B visa holders. To add insult to injury, many of the replaced American employees report that they have been forced to train the foreign workers who are taking their jobs. This troubling practice seems to be particularly concentrated in the information technology (IT) sector, which is not surprising given that sixty five percent of H-1B petitions approved in FY 2014 were for workers in computer-related occupations. Though such reports of H-1B-driven layoffs have been circulating for years, their frequency seems to have increased dramatically in the past year alone.
So has anything been done about this?
Of course not.
Instead, Barack Obama is working on an extremely secretive global economic treaty which will reportedly allow far more foreign workers to come into this country and which will result in millions more good paying jobs being shipped overseas. It is called “The Trans-Pacific Partnership”, and it is basically NAFTA on steroids.
Why is it that Barack Obama has to be on the wrong side of every single issue?
The U.S. middle class is being systematically ripped to shreds, and most Americans are showing very little alarm about this.
How much damage has to be done before people will finally start waking up?
A horse named “American Pharoah” just won the Triple Crown. Is this some sort of a sign for America? The office of the presidency was greatly strengthened under previous administrations, but now Barack Obama has grabbed an unprecedented amount of power for himself. In this article, I am going to focus on immigration, but Obama’s power grab is certainly not limited to this area. And as I have written about previously, if there is some sort of major “national emergency” over the next year or so, the legal framework has already been created for Obama to use his “emergency powers” to take total control of virtually everything. So is comparing Obama to the pharoahs of ancient Egypt unfair? I don’t think so at all. He is certainly acting as if he would like the powers of a dictator, his policies in the Middle East would make the pharoahs proud, and without a doubt Obama loves the adoration and worship of his fans. In my opinion, he is the closest thing to a pharoah that the United States has ever seen.
Just consider Obama’s approach to immigration. The laws of our land require him to protect our borders, but he has left them wide open and has openly encouraged illegal immigration because that is what he decided was best. He also attempted to use his “executive powers” to grant amnesty to millions upon millions of immigrants that were in this country illegally. Fortunately, that action has been blocked in the courts (at least for now), but Obama says that he is going to keep trying to do everything he can to “bring them out of the shadows”.
Personally, I am someone that believes that the United States will always need a certain level of legal immigration. But the key word there is “legal”. It is absolutely imperative that we require everyone to come in by the front door, so that we can weed out those that would be damaging to our society. But instead of adopting a system that makes sense, we have left the back door wide open while making it extremely challenging to come in through the front door. As a result, we have seen an endless flow of gang members, drug dealers, serial criminals, welfare parasites and political radicals enter this country illegally. We have made it really easy for the “bad guys” to come in, but extraordinarily difficult for the “good guys” to move here. What we are doing does not make any sense at all.
And thanks to our foolishness and the refusal of recent presidential administrations to enforce the law, all of this immigration has fundamentally altered the employment picture in this nation. According to the latest numbers, nearly all of the job gains that the U.S. economy has experienced since 2007 have gone to foreign born workers…
Assuming, the Household and Establishment surveys were congruent, this would mean that there was just 1K native-born workers added in May of the total 280K jobs added.
Alternatively, assuming the series, which is not seasonally adjusted, was indicative of seasonally adjusted data, then the 272K increase in total Household Survey civilian employment in May would imply a decline of 7K native-born workers offset by the increase of 279K “foreign borns.”
But while all of these comparisons are apples to oranges, using the BLS’ own Native-Born series, also presented on an unadjusted basis, we find the following stunner: since the start of the Second Great Depression, the US has added 2.3 million “foreign-born” workers, offset by just 727K “native-born”.
This means that the “recovery” has almost entirely benefited foreign-born workers, to the tune of 3 to 1 relative to native-born Americans!
It is getting to the point where we have a national epidemic on our hands. According to one recent study, nearly one out of every 10 workers in the entire state of California is here illegally. Imagine how much easier it would be to get a job in that state if the illegal workers were not part of the equation.
And of course it isn’t just employment that we need to be concerned about. Thanks to unchecked illegal immigration, there are now 1.4 million gang members living in our cities, and these gang members often commit crimes that are absolutely horrific. For example, the following is from an article about a crime that was recently committed by members of MS-13…
Three teenage reputed members of the MS-13 street gang were ordered held without bail Friday on charges they forced a 16-year-old into a wooded area of a Long Island golf course, where two of them took turns raping her while the third stood as a lookout.
‘This is one of the most brutal, heinous crimes that I have seen in a long, long time,’ Suffolk County District Attorney Thomas Spota said at a news conference following the suspects’ arraignments.
‘This poor young woman is so lucky that, quite frankly, that she is alive. These are vicious young men, vicious young men and what they did to her was absolutely terrible.’
If Barack Obama had protected our borders like he should have, those members of MS-13 would have never gotten into this country and they never would have raped that girl.
But instead of admitting that what he has done has been wrong, Pharoah Obama is doubling down on his current approach. He insists that leaving the border wide open is “the right thing to do”, and he pledges to “bring more undocumented immigrants out of the shadows”. The following comes from the Examiner…
After executive amnesty was blocked in the courts and in the House the last two days, President Obama used his weekly radio address to ridicule House Republicans for blocking a vote on immigration reform, while promising that he would keep up the fight for undocumented immigrants.
“I’m going to keep doing everything I can to make our immigration system more just and more fair,” Obama said. “Last fall, I took action to provide more resources for border security; focus enforcement on the real threats to our security; modernize the legal immigration system for workers, employers and students; and bring more undocumented immigrants out of the shadows so they can get right with the law.”
“Some folks are still fighting against these actions,” Obama said, without directly naming the legal hurdles his executive actions face. “I’m going to keep fighting for them. Because the law is on our side. It’s the right thing to do. And it will make America stronger.”
And if Obama has his way, this is only just the beginning.
I have previously written about the devastating impact that the Trans-Pacific Partnership will have on our economy, but did you know that this secret new treaty that Obama is negotiating will also allow for the free flow of people within the Asia-Pacific region? The following comes from WND…
The European Union was founded on “four freedoms”: the free flow of people, goods, money and services among members. We learned at a recent White House press conference the Trans-Pacific Partnership will ensure “people, goods and money will flow freely within the Asia Pacific region.”
So what does that mean?
Will immigrants be able to move around the nations that are involved in the Trans-Pacific Partnership as freely as they do in the European Union today? Mexico is one of the countries that will be a part of this new treaty. Does that mean that people will now “flow freely” between our two nations?
We have seen it time and time again – once Obama is blocked one way, he just comes back and tries to advance his agenda another way. When he promised to “fundamentally transform” this country, I don’t think that most people had any idea of what we would really be in for.
At this point, many regard Barack Obama as a “lame duck” president that is on his way out.
I don’t see it like that at all. In fact, I believe that the most tumultuous time of Obama’s presidency is still to come.
Do you agree? Tell us what you think the remainder of Obama’s time in the White House will look like by leaving a comment below…