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Title: The U.S. Economy Is A Dead Horse And The American People Are Starting To Get Really Pissed Off And Frustrated
Source:
poorrichards-blog
URL Source: http://poorrichards-blog.blogspot.c ... s-dead-horse-and-american.html
Published: Jul 15, 2010
Author: richard
Post Date: 2010-07-16 07:59:08 by Itistoolate
Keywords: None
Views: 608
Comments: 29
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. For most Americans, all we have ever known is tremendous prosperity. All our lives we have been taught that America is the richest and most prosperous nation on the planet, and that while there will always be times of "recession", things will always bounce back and be better than ever before. But this time things aren't bouncing back. And Americans are starting to become extremely frustrated. A couple of quotes that appeared in a recent article in The New York Daily News really embodied the growing frustration that so many are feeling at this point.... "My husband and I are fortunate to be able to move in with my 81-year-old mother-in-law. But how sad is that? I apply for jobs and nothing happens," writes Gayle Hanson. "Who wants to hire a 59-year-old woman? My answer is nobody. [I] have years of experience, excellent references. And nothing to show for it." "I am soon to be 57 and considered too old, too expensive, etc. I can't get an employer to hire me at any salary," writes Mike Stiller. "I am BOILING MAD." But Gayle Hanson and Mike Stiller are far from alone. Millions upon millions of Americans are "boiling mad" about the economy at this point. The truth is that the United States has lost 10.5 million jobs since 2007. Many of those jobs have been shipped off to countries like China and India where labor is much cheaper and they are never coming back. There just are not enough jobs for everyone in America at this point. The number of "chronically unemployed" has been rising at a frightening pace. In fact, the average duration of unemployment in the United States has risen to an all-time high. If you have never been unemployed and unable to find a job, then you just don't know how soul crushing it can be. This is especially true when you have a family to support.
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#2. To: Itistoolate (#0)
There are also millions of Americans who milk up the unemployment benefits and don't look for work. And millions who sit on their lazy asses and colletct governemnt checks. One of the main problems is many many Americans have become lazy.
#9. To: A K A Stone (#2)
You really are somethin! I worked for a company that went bankrupt over 2 years ago. When I got laid off and drew $147,00 a week uneemployment for 26 weeks. When I went on an extension, I had to do two job searches a week and drove over 800 miles putting in applications for jobs that don't exist. That is probably why people don't go looking for a job because they don't exist. Since 2007 the US lost over 10 million jobs because the companies that started here now have moved the jobs overseas using taxpayer dollars with all the corporate welfare. So tell me and all of us where all those jobs are that people won't look for them and just sit on their lazy asses as you put it. As I said, you really are something. You got that jewish thinking down pat. By the way, have you killed any Palestinian women and children today?
Top • Page Up • Full Thread • Page Down • Bottom/LatestThe 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.
Replies to Comment # 2. There are also millions of Americans who milk up the unemployment benefits and don't look for work. And millions who sit on their lazy asses and colletct governemnt checks.
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