The United States is facing economic disaster on a scale few nations have ever experienced. Most people are unaware of the easily observable signs of this emerging crisis. While we persist in our superpower mentality, we have quietly become a second-class country.
Tag Archives: economy
The average income for the bottom 90% of Americans is just $31,244. Over several decades now wages have staggered and shrunk. While many are pushing for a minimum wage increase to fix this wage inequality in our country, the real solution is to fix our economy through sound trade policies.
Many people are looking to the future hoping to see promise for America. Unfortunately dark clouds are on the horizon. Here are a few concerns we see with the economy this year.
It’s time our political leaders opened their eyes and got a better understanding of how student debt has impacted the lives of young adults. A study released by Dr. Katrina Walsemann of the University of South Carolina revealed that the higher the student’s loans, the poorer his or her mental health is. When you combine an average of $30,000 loans per college graduate and no jobs in the U.S. you have a serious problem.
The United States’ trade deficit is a big problem. This is an ongoing issue with no end in sight as the disastrous so-called “solutions” our politicians propose are actually the main problem. Exports are great, but not at the expense of a flood of job-killing imports. When we open up our borders through “free trade” we do far more harm than good.