The Beginning Of The End
The Beginning Of The End By Michael T. Snyder - Kindle Version

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The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created

The Death Of Small Business - Photo by Tina McKimmieWhat would you say about an economy where businesses are shutting down faster than they are opening?  Well, a shocking new study released by the Brookings Institution indicates that this is exactly what is happening in the United States.  We are absolutely killing small businesses and the entrepreneurial spirit in this country, and as you will see below, the number of self-employed Americans has been on a downward trend for a decade even though our population has been steadily growing.  Traditionally, small businesses have been the primary engine of job growth in this nation, so the fact that study after study has found that small business creation is being crippled in the United States is a really bad sign for our economic future. (Read More....)

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20 Facts About The Great U.S. Retail Apocalypse That Will Blow Your Mind

Abandoned Mall - Photo by Justin CozartIf the U.S. economy is getting better, then why are major retail chains closing thousands of stores?  If we truly are in an "economic recovery", then why do sales figures continue to go down for large retailers all over the country?  Without a doubt, the rise of Internet retailing giants such as Amazon.com have had a huge impact.  Today, there are millions of Americans that actually prefer to shop online.  Personally, when I published my novel I made it solely available on Amazon.  But Internet shopping alone does not account for the great retail apocalypse that we are witnessing.  In fact, some retail experts estimate that the Internet has accounted for only about 20 percent of the decline that we are seeing.  Most of the rest of it can be accounted for by the slow, steady death of the middle class U.S. consumer.  Median household income has declined for five years in a row, but all of our bills just keep going up.  That means that the amount of disposable income that average Americans have continues to shrink, and that is really bad news for retailers. (Read More....)

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No Janet Yellen, The Economy Is NOT “Getting Better”

Janet YellenOn Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that "the economic recovery gained greater traction in the second half of last year" and that "substantial progress has been made in restoring the economy to health".  This resulted in glowing headlines throughout the mainstream media such as this one from USA Today: "Yellen: Economy is improving at moderate pace".  Sadly, tens of millions of Americans are going to believe what the mainstream media is telling them.  But it isn't the truth.  As you will see below, there are all sorts of signs that the economy is taking a turn for the worse.  And when the next great economic crisis does strike, most Americans will be completely and totally unprepared because they trusted our "leaders" when they told us that everything would be just fine. (Read More....)

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37 Reasons Why “The Economic Recovery” Is A Giant Lie

37 Sign"If you repeat a lie often enough, people will believe it."  Sadly, that appears to be the approach that the Obama administration and the mainstream media are taking with the U.S. economy.  They seem to believe that if they just keep telling the American people over and over that things are getting better, eventually the American people will believe that it is actually true.  On Friday, it was announced that the unemployment rate had fallen to "7 percent", and the mainstream media responded with a mix of euphoria and jubilation.  For example, one USA Today article declared that "with today's jobs report, one really can say that our long national post-financial crisis nightmare is over."  But is that actually the truth?  As you will see below, if you assume that the labor force participation rate in the U.S. is at the long-term average, the unemployment rate in the United States would actually be 11.5 percent instead of 7 percent.  There has been absolutely no employment recovery.  The percentage of Americans that are actually working has stayed between 58 and 59 percent for 51 months in a row.  But most Americans don't understand these things and they just take whatever the mainstream media tells them as the truth. (Read More....)

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Meet One Of The Victims Of Obama’s “Economic Recovery”

Barack Obama speaking into a microphone and pointing to the right - Photo by Pat HawksHave you ever cried yourself to sleep because you had no idea how you were going to pay the bills even though you were working as hard as you possibly could?  You are about to hear from a single mother that has been there.  Her name is Yolanda Vestal and she is another victim of Obama's "economic recovery".  Yes, things have never been better for the top 0.01 percent of ultra-wealthy Americans that have got millions of dollars invested in the stock market.  But for most of the rest of the country, things are very hard right now.  At this point, more than 102 million working age Americans do not have a job, and 40 percent of those that are actually working earn less than $20,000 a year in wages.  If we actually are experiencing an "economic recovery", then why is the federal government spending nearly a trillion dollars a year on welfare?  And that does not even include entitlement programs such as Social Security and Medicare.  We live in a nation where poverty is exploding and the middle class is shrinking with each passing day.  But nothing is ever going to get fixed if we all stick our heads in the sand and pretend that everything is "just fine". (Read More....)

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29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding

Poverty In America - Photo by C.G.P. GreyDid you know that the number of Americans on welfare is higher than the number of Americans that have full-time jobs?  Did you know that 1.2 million public school students in the U.S. are currently homeless?  Anyone that uses the term "economic recovery" to describe what is happening in the United States today is being deeply insulting to the nearly 150 million Americans that are considered to be either "poor" or "low income" at this point.  Yes, things are great in New York City, Washington D.C. and San Francisco, but almost everywhere else economic conditions continue to steadily get worse.  The gap between the wealthy and the poor is at a level that America has never seen before, and this is beginning to create a "Robin Hood mentality" that could cause a tremendous amount of social chaos in the years ahead.  Anger at the "haves" in America continues to rise at a very alarming pace, and the "have nots" are becoming increasingly desperate.  At some point all of this anger is going to boil over, and you won't want to be anywhere around major population centers when that happens.  Despite unprecedented borrowing by the federal government in recent years, and despite unprecedented money printing by the Federal Reserve, poverty in the United States keeps getting worse with each passing year. The following are 29 incredible facts which prove that poverty in America is absolutely exploding... (Read More....)

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30 Statistics About Americans Under The Age Of 30 That Will Blow Your Mind

Young People - Photo by Jefferson liffeyWhy are young people in America so frustrated these days?  You are about to find out.  Most young adults started out having faith in the system.  They worked hard, they got good grades, they stayed out of trouble and many of them went on to college.  But when their educations where over, they discovered that the good jobs that they had been promised were not waiting for them at the end of the rainbow.  Even in the midst of this so-called "economic recovery", the full-time employment rate for Americans under the age of 30 continues to fall.  And incomes for that age group continue to fall as well.  At the same time, young adults are dealing with record levels of student loan debt.  As a result, more young Americans than ever are putting off getting married and having families, and more of them than ever are moving back in with their parents. (Read More....)

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33 Shocking Facts Which Show How Badly The Economy Has Tanked Since Obama Became President

Obama Follow MeBarack Obama has been running around the country taking credit for an "economic recovery", but the truth is that things have not gotten better under Obama.  Compared to when he first took office, a smaller percentage of the working age population is employed, the quality of our jobs has declined substantially and the middle class has been absolutely shredded.  If we are really in the middle of an "economic recovery", why is the homeownership rate the lowest that it has been in 18 years?  Why has the number of Americans on food stamps increased by nearly 50 percent while Obama has been in the White House?  Why has the national debt gotten more than 6 trillion dollars larger during the Obama era?  Obama should not be "taking credit" for anything when it comes to the economy.  In fact, he should be deeply apologizing to the American people. (Read More....)

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