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When people don't spend, the economy goes flat

Author johnbsims3
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#1 - Posted: 9 Aug 2007 12:20 - Edited by: johnbsims3 
When people don't spend, the economy goes flat. Our economy is based on debt and debt is NOT prosperity. The congressionally created national debt currently means that every household in America owes the privately owned "Federal" Reserve banking system $516,348 and that number will continue to grow. For what? Endless wars based on a mountain of lies from Bush, his cabinet and members of Congress. Foreign welfare, the raiding of the people's treasury with ZERO authority from the U.S. Constitution to enrich foreign countries, potentates and dictators alike, and to to fund wars between countries thousands of miles from U.S. soil. The savings rate in this country is in the minus column, millions are living paycheck to paycheck. As the cost of food and energy rises, the less disposable income people have to spend into the economy. The more foreign made products Americans purchase, the trade imbalance increases and Americans continue to lose ground for good paying productive jobs. What does this mean for Americans? When you factor in the death trap Congress has snared the American people into with these devastating and unconstitutional trade treaties, anti-American companies outsourcing the best jobs, stealing via high taxes, the income tax rates rising, the plans underway to erase the U.S. and merge us with Canada and Mexico and the coming financial tsunami when that first wave of baby boomers hits next year, look forward to at least three if not four paychecks needed to support your household. Let's also not forget the oil/energy situation and if anyone thinks they will ever see $2.00/per gallon gas again. And, yes, I am fully aware of Lindsey Williams' work, The Non-Energy Crisis.

Politics and Issues Florida Homestead Services -- Florida Homestead Exemption Act MiniBB / Politics and Issues /
When people don't spend, the economy goes flat
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