Economy

Who’s working in America? Shocking facts re: labor force

October 7, 2016

Email this pageSubmitted by:  Veronica Coffin Written by:  SeeingRedAZ Jason Richwine, writing for Center for Immigration Studies reports, “It is well known that lower-skilled men in their prime working years — ages 25 to 54 — have left the labor force in increasing numbers over the past several decades. Experts have been reluctant to acknowledge, […]

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Hillary Clinton’s State Dep’t Used Taxpayer Dollars to Help Companies Outsource American Jobs

September 29, 2016

Email this pageWorried about ‘Cyber Security’??  Outsourcing gave our Information Technology to Asia including India.  They provide call centers, server maintenance, software maintenance and new software for these computers. Because of this, these countries have full access to  all of America’s private information — they know everything about you.   Also, consider that there are many […]

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26 Incredible Facts About The Economy That Every American Should Know For The Trump-Clinton Debate

September 26, 2016

Email this pageSubmitted by:  Veronica Coffin By Michael Snyder   Are you ready for the most anticipated presidential debate in decades?  It is being projected that Monday’s debate between Donald Trump and Hillary Clinton could potentially break the all-time record of 80 million viewers that watched Ronald Reagan and Jimmy Carter debate back in 1980.  […]

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More Jobs Shipped Out Of The Country: Ford Moves All Small Car Production To Mexico

September 15, 2016

Email this pageSubmitted by:  Veronica Coffin By Michael Snyder What is going to happen when America finally doesn’t have any manufacturing jobs left at all?  On Wednesday, we learned that Ford Motor Company is shifting all small car production to Mexico.  Of course the primary goal for this move is to save a little bit […]

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America The Debt Pig: We Are A ‘Buy Now, Pay Later’ Society – And ‘Pay Later’ Is Rapidly Approaching

September 2, 2016

Email this pageSubmitted by:  Veronica Coffin By Michael Snyder If you really wanted to live like a millionaire, you could start doing it right now.  All you have to do is to apply for as many credit cards as possible and then begin running up credit card balances like there is no tomorrow.  At this point, […]

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Bankruptcy of Hanjin Shipping, world’s 7th largest container carrier, will impact U.S.-global economy

September 2, 2016

Email this pageSubmitted by:  Veronica Coffin By Dr. Eowyn The Baltic Dry Index is a shipping and trade index, created by the London-based Baltic Exchange, which measures the sizes of dry bulk carriers or merchant ships.Changes in the Baltic Dry Index give investors insight into global supply and demand trends, and are a leading indicator […]

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The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

May 6, 2016

Email this pageSubmitted by:  Veronica Coffin By Michael Snyder   Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?  This is definitely a case where the trend is not our friend.  According to Challenger, Gray & Christmas, U.S. […]

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In 1 Out Of Every 5 American Families, Nobody Has A Job

April 24, 2016

Email this pageSubmitted by:  Veronica Coffin   Written by:  Michael Snyder If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps insisting? The truth, of course, is that the U.S. economy is in far […]

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Federal Reserve: JP Morgan’s bankruptcy plan threatens America’s financial stability

April 22, 2016

Email this pageSubmitted by:  Veronica Coffin   By Dr. Eowyn Financial observers have been sounding the alarm on the U.S. banking system. But a recent letter from the Federal Reserve to JPMorgan Chase, the largest U.S. bank, should impress on skeptics the gravity of the situation. In an April 12, 2016 letter to JPMorgan Chase‘s […]

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David Stockman: Wall St.-Washington establishment petrified by Donald Trump

April 7, 2016

Email this pageSubmitted by:  Veronica Coffin Written by Dr. Eowyn David Stockman, 69, is the former Director of the Office of Management and Budget (1981-85) in the Reagan Administration. In his article of April 4, 2016, “Trump Unbound,” Stockman explains why Trump petrifies the money-political establishment. In short, it’s because he speaks the truth about the U.S. economy. […]

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21 New Numbers That Show That The Global Economy Is Absolutely Imploding

February 17, 2016

Email this pageSubmitted by:  Veronica Coffin   Written By Michael Snyder After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment.  But that does not mean that the crisis is over.  […]

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If The American Dream Is To Own A Home, Then It Hasn’t Been In Worse Shape Since 1967

July 29, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Michael Snyder Thanks to the “Obama recovery”, the rate of homeownership in the United States has fallen to the lowest level in 48 years.  The percentage of Americans that own a home is widely considered to be a key indicator of the health of the middle class, […]

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Shocker: Minimum Wage Hikes Gutted Over 700,000 Jobs In 2013

July 26, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Matt Vespa Are liberals better at economics or are they just more adept at selling ideas that drive purely on emotion? Increasing the minimum wage is a perfect example. Raising it increases the living standards for those who struggle earning such a wage, and those who are […]

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As politicians hike up minimum wage, robots threaten to displace fast-food workers

July 17, 2015

Email this pageSubmitted by:  Veronica Coffin Written by Dr. Eowyn CNBC reports that fast-fooder McDonald’s continues to tank. The 6-month outlook for McDonald’s franchisees is at an all-time low, according to a survey by restaurant industry analyst Mark Kalinowski. Some 29 franchisees, who collectively own and operate 208 McDonald’s restaurants in the United States, were asked to give […]

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CBO: Debt Headed to 103% of GDP; ‘No Way to Predict Whether or When’ Fiscal Crisis Might Occur Here

July 12, 2015

Email this pageSubmitted by:  Veronica Coffin Written by DCG   CNSNews: Testifying in the U.S Senate on Thursday, Congressional Budget Office Director Keith Hall warned that the publicly held debt of the U.S. government, when measured as a percentage of Gross Domestic Product, is headed toward a level the United States has seen only once in […]

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2/3 of Puerto Ricans may flee to U.S. and overwhelm govt services

July 2, 2015

Email this pageSubmitted by:  Veronica Coffin By Dr. Eowyn Puerto Rico is an incorporated U.S. territory in the Caribbean with a current total population of around 3.6 million people, 12.5% of whom are black or sub-Saharan African. As such, people born in Puerto Rico are natural-born citizens of the United States. Three days ago on June […]

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