U.S. Economy | The Economic Collapse

The U.S. Economy Is A Dead Horse And The American People Are Starting To Get Really Pissed Off And Frustrated

The economic frustration of the American people is reaching a fever pitch. Millions of Americans can't seem to get a good job no matter what they do. Millions of others are working as hard as they can but find that they keep coming up short at the end of the month. Record numbers of Americans are still going bankrupt. Record numbers of Americans are still losing their homes. Meanwhile, the U.S. economy is a dead horse at this point. It just doesn't have any more to give. At this point the U.S. economy is like an aging rock star that requires larger and larger doses of drugs each night just to be able to perform. The U.S. economy is addicted to "drugs" such as debt and government stimulus, and years ago those things really supercharged the U.S. economic system, but at this point they aren't provoking much of a response at all. In fact, the things that once "stimulated" the economy are now slowly killing it. But the vast majority of the American people do not understand this. All they know is that the economy is broken and they want someone to "fix" it. (Read More....)

Economic Problems?

With each passing news cycle, it seems like the economic headlines just keep getting worse. And unfortunately, the highly integrated global economy that we have constructed means that what happens on one side of the world is going to very likely have a big impact on the other side of the world. A meltdown in New York or Los Angeles is going to affect London, Paris, Rome, Berlin, Moscow, Beijing and Tokyo. That is just the way the world works now. Back in 2007 and 2008, the financial crisis that began in the United States devastated economies across the globe. So are there any economic problems brewing out there right now that could send another wave of panic across the globe? (Read More....)

No Jobs

Everyone knows that the United States is bleeding jobs. According to one new study, the private sector in the United States has lost 10.5 million jobs since 2007. The U.S. economy lost 125,000 more jobs during the month of June. Approximately a million frustrated American workers have simply dropped out of the employment market altogether over the past two months. But the question not enough people are asking is why so many jobs are being lost. Yes, the large global corporations have been sending millions of jobs overseas where labor is far, far cheaper. And yes, the U.S. government has accumulated so much debt that it is absolutely suffocating the U.S. economy. But there is another very important factor that has been largely overlooked. Traditionally, about 75 percent of all new jobs are created by small businesses. But today, hundreds of thousands of small businesses are being strangled out of existence by all of the oppressive taxes, fees, rules, regulations, paperwork and demands that government keeps imposing on them. In such a repressive environment, it is getting close to impossible for small businesses to thrive, and if our small businesses can't succeed, then we simply are not going to see a lot of jobs being created. (Read More....)

What Do You Believe Is America's Biggest Economic Problem?

Today there are literally dozens of major threats to the U.S. economy. Each one of these threats alone could cause a major economic implosion. The Gulf of Mexico oil spill, the derivatives bubble, the housing crisis, the exploding U.S. national debt and the burgeoning European debt crisis all threaten to push the struggling U.S. economy over the edge. But which one is America's biggest economic problem? Below, 16 of America's greatest economic threats are listed in no particular order. The goal of this article is to hear what all of you readers believe is the worst crisis the U.S. economy is facing. If you would like to vote, please choose one of the 16 economic problems listed below (or nominate one of your own) and leave a comment explaining your choice.... (Read More....)

Bad Economic News

It seems like almost everywhere you turn these days there is bad economic news. Foreclosures are setting records, unemployment remains depressingly high, poverty is exploding, U.S. government debt is wildly out of control and Europe is on the verge of an economic collapse that could send the entire globe into a devastating financial panic. If all that wasn't enough, the oil spill in the Gulf of Mexico has destroyed the seafood and tourism industries along the Gulf coast and threatens to push that entire region into a depression for years to come. The truth is that the more you look at the economic statistics coming in from around the globe the more it becomes obvious that we are headed for a complete and total economic nightmare. (Read More....)

The Economic Collapse

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The U.S. Economy Is A Dead Horse And The American People Are Starting To Get Really Pissed Off And Frustrated

Economic Problems?

No Jobs

What Do You Believe Is America's Biggest Economic Problem?

Bad Economic News

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