[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register] 

Status: Not Logged In; Sign In

As Hedge Funds Dump Everything Else, They Buy Energy & Material Stocks At Fastest Pace In 5 Months

"Traitors" - Musk Blasts Democrats Voting Against Republicans' Election Integrity Bill

These Are The Hottest (And Coldest) Temperatures Ever Recorded In America

"The Sh*t Is Going To Hit The Fan On Monday": DC In Turmoil As Biden Says Only 'Act Of God' Will Dislodge Him

What Democrat Overlords Were Like After the Debate

Biden Continues to Make EVERYONE Super Uncomfortable

Economic Collapse Only Way to Prevent World War III

Flight to New Hampshire diverted after man exposes himself, federal officials say

Satellite Images Show Suspected Chinese Spy Bases Growing in Cuba

Hitler's last secrets revealed thanks to never-before-seen archives

If The British Lost At Trafalgar | Waterloo Never Happens & America Is Not a Global Power

If America LOST The Battle Of Midway: 'Japan Invades Hawaii And Russia Struggles To Fight On'

Killings of surrendering Russians divide Western mercenaries NYT

US sailors gripe about lengthy mission to protect Israel

Armed vagrants set up homeless encampment in backyard of family's historic $800,000 home -

Mob of nearly 100 looters ransacks Oakland gas station as store owner says police took hours to respond

Prosecutors Knew Epstein Had Sex With Underage Girls Years Before Plea Deal, "Outrageous" Transcripts Reveal

Taxpayer-funded Planned Parenthood boasts about being leader in transgender medical procedures

Joe Biden’s Upcoming Fundraiser in Wisconsin Cancelled

Migrants Who Filmed Themselves Gang Raping 13-Year-Old Girl Spared Prison by Liberal Judge

COMBAT! s.3 ep.13: "The Long Walk" (1964)

Over 60 Foreign Policy Experts Issue Letter Urging NATO Against Advancing Ukraine Membership

Parkinson's Specialist Met With White House At Least 9 Times Since July 2023

How To Copper Ground Shoes Like a Professional

7 In 10 Voters Think Biden Is Too Old To Be President

Parkinson's Specialist Met With White House At Least 9 Times Since July 2023

Its time to have a discussion about how black people are destroying Carnival Cruise Line

Biden's Campaign Announces $50M Media Blitz In Battleground States Amid Health Questions

Paul Joseph Watson

Putin Responds to Trump Wanting to End the War in Ukraine! | Buddy Brown


Editorial
See other Editorial Articles

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: 321
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. (1 image)

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

Begin Trace Mode for Comment # 7.

#4. To: Itistoolate, Ross Perot (#0)

From 20 years ago......

Jethro Tull  posted on  2010-07-16   9:12:01 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Jethro Tull (#4)

"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."

Americans cannot maintain our standard of living and compete with THIRD world near slave labor that exists by the BILLIONS.

Slap a tariff on everything imported, watch American capital flee the world human cesspools.

That includes OIL, then watch the drilling begin.

Instead Americans defend this country taking in millions of illegal aliens for cheap labor.

Voters do their patriotic duty and return the same people to office every year.

Cynicom  posted on  2010-07-16   9:27:09 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 7.

#8. To: Cynicom (#7)

To your point, listen and watch how we rubes react to one Howdy Doody-looking Brad Sherman, congressShit, California.

They're boiling mad.

Jethro Tull  posted on  2010-07-16 09:31:57 ET  Reply   Untrace   Trace   Private Reply  


#14. To: Cynicom (#7)

Thank You Cyni for real common sense answers to what the people are faced with in the U.S. The ones clamouring about all the jobs and those on welfare and unemployment must have been born with a silver spoon in their mouths. Like the politicans, they haven't a clue.

The reasons there are hardly any tariffs is because the corporations have bribed the pols and that is the same reason we are overrun with all the illegals. They allowed them to come to apease the corporations need for cheap labor. Now that the jobs have been exported overseas for even cheaper labor, we are now buedened with about 20 million illegals that will take what they need and want and resort to cutting throats and shootings. Crime will be going going through the roof and the angry masses will remove those silver spoons.

Those that are living high on the hog, the wealthier Americans probably haven't realized, the will be the targets of the masses when the final bubble bursts. I don't pity the rich because they have made things the way they are. If I had money and a great big house, I would seriously be looking for a little shack to save my hide when the time comes and that could be any day now.

LACUMO  posted on  2010-07-16 16:33:49 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 7.

TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]  [Register]