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About Economy In Crisis
What the experts are saying about EIC
"EconomyinCrisis.org is packed with valuable information documenting America's economic decline."
-Paul Craig Roberts, the “Father of Reagonomics” and former Assistant Secretary to the Treasury for Economic Policy in the Reagan Administration
“EconomyInCrisis.org is one of my favorite websites. It’s just a remarkable insightful look at what’s going on with our economy- particularly with the selling off of America.”
-Thom Hartmann, Air America Radio
“EconomyInCrisis.org has the information that allows everyone to easily understand what is happening in the American and world economies.”
Pat Choate, Economist and 1996 Vice Presidential running-mate of Ross Perot
Who We Are
www.EconomyInCrisis.org is a website for educating legislators and the American public about the destruction of our country's industrial base, the impact on national and economic security, and the effect on our standard of living. We publish critical but overlooked facts and figures.
We compare what led to American industrial and economic world leadership with current policies and the present crippling of our industries. We then objectively extrapolate the near-term outlook and risks for our country, businesses, and individuals.
Out of concern for America's deteriorating economic condition, the individuals responsible for www.EconomyInCrisis.org donate their expertise and time. They support no political organization or corporate interest.
Primary Concerns
- US inability to manufacture competitively
- Wholesale sellout of core strategic US assets to foreign acquirers
- US overdependence on imports
- Foreign control of vital US industries
- Dependence on credit and false wealth to maintain our current standards of living
- US trade policies and other legislation contributing to these trends
Other US Economic Issues
- Foreign financing of vast majority of government debt
- Outsourcing manufacturing, research, and design
- Transition to services-oriented economy
- Declining scientific, engineering, and technological prowess
- Wealth shift into less productive assets
- Record levels of personal, government, and trade deficits
- Misleading commonly used economic statistics
Mission
To help legislators and the American public become aware of current and potential risks of present economic trends. Present unique articles and facts revealing how the US economy is being drained by foreign competitors and how our standard of living is being diminished. Utilize mass media, the internet, and press relations.
US industry must be vibrant and healthy. US manufacturers must be able to produce competitively. Our government should not rely on foreign sources for financing. Our people should not obtain most of their needed goods by selling title to our wealth-producing assets.
We Believe
- So-called "free trade" systematically destroys our ability to produce products competitively
- Stronger regulations should be put in place restricting foreign purchasing of US companies
- Economic policy should be derived from facts and results not merely theories and blind faith
- As citizens and consumers we have the power to effect change
- We need grassroots support of our citizens regardless of political, social, or religious affiliations
- We need true political, corporate, and industry leadership and patriotism to preserve and foster the strength of this country, its citizens, and it industries
