Higher government spending is a direct tax on growth. Nations that spend more inevitably grow more slowly. Those who vote for Hillary Clinton and all of her many ideas to spend more should know that they are voting for lower incomes, more poverty and fewer jobs.
Three basics people all around the world have in their kitchens.
Three staples always in stock in groceries and supermarkets for any home cook looking to rustle up a family meal, pancakes or a quick, nutritious drink.
But in Venezuela, you can get these products only if you’re lucky or have the connections and the cash. A lot of cash.
About 23.6% of people age 25 to 34 live with their parents, grandparents or both, according to Pew. That’s up from 18.7% in 2007, just prior to the global financial crisis, and from 11% in 1980.
Perhaps a huge chunk of that demographic is suffering from the hard lessons of voting against their own economic interests. It was nice to cast a ballot for the first “black” president, but reelecting Barry only insured further decline of economic opportunities throughout the nation. Now millennials can experience equality from the trickle-up poverty policies that Democrats have instituted.
The number of multigenerational families soared during the recession. It has continued to rise since then, although at a slower pace.
The LA Times won’t shed any light on the origin of the trend or explain its persistence. The discerning reader will pinpoint the myriad of liberal pathogens i.e. onerous regulations, crippling taxes, monetary policy, etc. that stymie growth. The lefties will simply blame Bush.
The short video explains the power of voting with your purchases and how choosing American -made produces will stem the tide of outsourcing.
There are three points that I believe will spell failure to an otherwise solid plan to reinvigorate the American economy. First, Americans by and large are terrible voters and make poor choices when given the power to choose. They gave the fox the keys to the hen house twice when it came for electing an executive to the White House! Voting with their purchases is really asking a lot from a populace who decided to throw their country away when they casted their ballots for Obama.
The second point concerns economic laws. Paying more and getting less runs counter to getting the most bang out of your buck. Buying just an extra 5% of American made products doesn’t seem like much, but spreading that increase across the nation will in fact employ the power of economies of scale. Certainly, the sheer force of numbers will drive businesses to supply the demand. Sure, the old law of supply and demand will buoy up the sectors of the economy where people are purchasing more products. Nevertheless, there are fatal systemic problems that the narrator didn’t touch on.
Finally, systemic problems promote a toxic economic environment. Government’s overreaching regulations, onerous taxation, and a host of business disincentives drives jobs, talent, and wealth from our shores. The American people, perhaps unknowingly, voted for this array of wealth-killing initiatives by electing a president who knows nothing about creating wealth, but certainly excels in taking it or destroying it.
I can’t knock the narrator for putting forth an approach that empowers consumers to promote positive economic change. Lord knows our country needs it. However, the very people who need to make these changes are also the ones who voted for America’s demise. We are quickly becoming a nation of takers and looters. Government policy has created the perfect death spiral of disincentives that fuel a perpetuating underclass dependent on an elected entity that eviscerates the economic forces that would have created the jobs, opportunities, and independence for the very people they claim to be helping. Let the truth be know, the politicians really don’t want people to be independent; they just might start thinking on their own and start voting for the other guy who promotes liberty and wealth through free markets, smaller government, and rule of law.
Granted, buying American products will promote job growth, but it’s a pipe dream when we have an electorate that puts a man like Obama in the highest office in the land. Don’t forget to thank the fourth estate, our beloved media, for making the Obamanation a reality.
Building a Smart Grid to get into a telecom sector already well-served by private companies was a bad idea from the start. But getting government involved in places it doesn’t belong is a hallmark of your administration. As a result, you and your policymakers were happy to fund the Gig to Nowhere.You claimed that the Smart Grid would create jobs for Chattanooga. But in reality, all it did was push America deeper in debt and lure a local government agency into making a terrible financial decision that will weigh on Chattanoogans like a millstone for decades to come.So excuse us, Mr. President, for our lack of enthusiasm for your new jobs program. Here in Chattanooga we’re still reeling from your old one.
Drew Johnson, an editor for the Chattanoogan paper, was subsequently fired for the above article that was entitled “Take Your Jobs Program And Shove It, Mr. President.” This is an obvious display of liberals and spineless management silencing opponents of Barry thus protecting him from fact-based criticism. The presidents supporters can’t function within the realm of ideas and facts; their objective is to simply snuff out contrary opinion.
Perhaps these words ring a bell for Americans watching their federal government in Washington: Over-spending, lack of jobs, no fiscal restraint, chronically high unemployment, bloated entitlements, inept politicians, corruption, ineffective governing, missing political courage. Figuring someone else will handle the debt down the road.
Another perspective on the nation’s debt and the ultimate consequences of mindless borrowing. The media will focus on gay marriage and gun control, but it won’t focus on the debt problem that will eventually bury all of us. Keep voting for Democrats and hope that money really does grow on trees!
Can it really be that bad? There is no fiscal discipline in government and the lack of restraint grows over time. The media doesn’t address it, politicians ignore it, and the dollar is going to be victim once the dust finally settles. The video espouses keen prescience as to what is going to happen and narrates the story well, but produces a vacuous video with no visual continuity, no charts and data, and no convincing conclusion. It just sounds scary because there is a lot of truth to certain points that are made throughout the video. The dollar is going to suffer given the current monetary policies of the U.S. government. Economic laws, like gravity, will win out in the end. Hyperinflation and other troublesome phenomena will occur just like in Argentina, Mexico, and other third world countries. It’s inevitable. I’m not so sure about the conspiracy regarding the “One World Government” since who really thinks this world can exist with one government. We have 50 states and those governments don’t really see eye to eye. Now factor in the rest of the world.
Nothing good is going to come out of this administration and this country will suffer the consequences for years to come. The unknown turns out to be a frightening dark place, but time will tell. If it gets really bad here, it’s going to be even worse elsewhere.