"The Currency of the Elite is Gold & Silver Don't sell your Gold don't sell Your Silver " Pastor Lindsey Williams

Tuesday, November 25, 2014

Recession Will Become DEPRESSION! -- U.S. Economy DEAD!

The economic factors are clearly evident now as more and more people end up on welfare pushing the limits of 100 million! There is no saving the economy when there is no manufacturing base to support a middle class. We see the statistics of the jobs pushed overseas leading to massive deficits that cannot be paid back. The only solution as always will be to print money until it becomes worthless as they have ALWAYS done throughout history.

Over 100 Million Now Receiving Federal Welfare The promised trade surpluses with Mexico turned out to be deficits, some hundreds of thousands of jobs were lost, and there was downward pressure on US wages More than 845,000 specific U.S. workers have been certified for Trade Adjustment Assistance (TAA) as having lost their jobs due to imports from Canada and Mexico or the relocation of factories to those countries The average annual U.S. agricultural deficit with Mexico and Canada in NAFTA’s first two decades reached $975 million, almost three times the pre-NAFTA level. factory jobs in the 1980s. Back then, manufacturing accounted for about 20% of all jobs in the country. Now it accounts for less than 9%.