The United States federal government has an accumulated debt of more than $17 trillion, and that debt is expected to grow significantly in coming years. This burden is an extremely serious drag on our economy. Borrowing more and more money will threaten the livelihoods of Americans, as well as our standing with the rest of the world. It is important we act now, so we can set our nation on a new course.
Tag Archives: Manufacturing
For most Americans the economy has not gotten better. A survey from the Federal reserve reports that fewer than one-third of Americans believe they are better off financially than they were five years ago, with a lack of household savings and large debt burdens holding back large segments of the economy.
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 crisis, where it came from and how to stop it. While we persist in our superpower mentality, we have quietly become a second-class country in many respects.
President Obama promised 5 million green jobs during his presidential campaign in 2008. Not only did he fall short by a long way, but in fact we’ve lost hundreds of manufacturing companies, with thousands of employees laid off. During his 2012 re-election campaign, President Obama promised jobs again, this time promising 1 million manufacturing jobs which he has yet to come close to fulfilling. He has only added a little over 189,000 manufacturing jobs. With so little being made in the United States compared to decades ago, we must now, more than ever, join together and buy American made products.
A study conducted by the American Psychological Association claims that stress in America has gone down. However looking at the specific facts, stress levels in the U.S. have gone down unless you are a woman, have a low income, are a millennial, are a part of the Generation X or are a parent. That seems to include most of the U.S. population! Why are we stressed? The economy.