★★Why would Donald Trump say America is heading for a massive recession? The politicians certainly won’t tell you such a thing and neither will the smiley talking heads at CNBC, MSNBC, CNN, ABC, CBS, NBC, PBS & Fox News!
We are in big trouble even if we ignore our massive National Debt and Unfunded Obligations that come to over $225 trillion or about a million dollars for every adult in America.
A record 94,610,000 workers are not in the American labor force and the labor force participation rate is at its lowest point in 38 years! Just 62 percent of the U.S. population has a job or is actively seeking one. Of the 245 million documented adults in the US, 123 million don’t have full time jobs. Of the Americans who have jobs, many are underemployed as our good jobs seem to prefer the climate in Mexico, Vietnam, China and Sweden. The Democrats have a solution for our climate ~ MORE TAXES!
Our total government spending exceeds $6 trillion which is more than our gross domestic product. In other words, our politicians continue to spend more than we earn. Just government spending on welfare exceeds a trillion bucks as bleeding hearts insist on paying able bodied freeloaders not to work. LBJ and the Democrats declared war on poverty almost 50 years ago and pounded trillions down the rat hole. How’d that work out?
We are blowing over a trillion bucks on education while our children pile up student loans and learn very little. When I attended school a long time ago, America was number one in the world, now we are 30th and dropping. Education should not be about money, it should be about learning! Just like most of our Defense spending has NOTHING to do with defense, most education spending is pure fluff! I submit, students don’t learn better in marble buildings than they do in metal buildings.
During this period of government bailouts and wild money printing, the Trickle Down Economy should be in its glory days but 63% of Americans say that if they had a $500 unexpected expense, they would have to sell something or borrow money to pay it. The median family income has dropped about $5,000 in recent years. Our government punishes our legitimate businesses with the world’s highest taxes, the world’s most burdensome regulations and forced expenses like the world’s highest minimum wage, forced training and forced unionization. The result is as predictable as the sunrise. companies either go bankrupt or move overseas. On top of all this, our government has opened the flood gates to the world’s poor, uneducated, unhealthy huddled masses yearning to jump on the welfare gravy train. It’s called Immigration Reform.
Maybe Donald Trump is wrong but you know in your heart he’s right.
Tags: china, DEMOCRAT, Donald Trump, Gene McVay, GOP, Greece, Harry Reid, Jimmy Carter, labor participation, McConnell, Mexico, national debt, Obama, Pelosi, recession, Republican, Ryan, stock market crash, Sweden, Trump, Vietnam