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Truth on Economy

 
The Quiet One
The Quiet One

User ID: 27702819
United States
02/01/2013 11:42 AM
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Truth on Economy
The truth is that Unemployment has not declined. The Economy is not growing and the earnings reports for major corporations are being "adjusted".

Unemployment rolls declined in 2011 because the Federal Government quit supplementing State Unemployment. Many people were dropped from receiving extended benefits. The unemployment rate is much higher than reported.

Major corporations are encouraged to adjust their earning margins to make it look like the economy is growing, when in fact it is not..

The new normal now for an employed person is 28 hours a week with no benefits. Then you are taxed up to 39% and now have to show proof that you have obtained "Obamacare".

We "America" basically PRODUCE nothing any longer. All is produced overseas by China and India.

The US Government is abandonning Isreal and backing China and Russia because they know WAR is immenent.

We do not have any Gold to back our currency.
The Quiet One (OP)
The Quiet One

User ID: 27702819
United States
02/01/2013 01:51 PM
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Re: Truth on Economy
Keep your heads in the sand and enjoy your comforts now.

A true story....College student graduates with a BA in Business. Lucky to get a JOB. Finds one with a big corporation and because of his "lack of experience" is told he will be starting off at 28 hours a week, so no benefits.

Obamacare kicks in. As a a single man it is going to cost him $5,000.00 per year to insure himself. Granted he is earning $10.00 per hour at 28 hours per week. Tax rate on earnings is 32%.

Do the math!!!!

He is bringing home less than minimum wage! And he voted for Obama.

Can we say regret??? Could Romney have done any better??

Who knows, it is what it is and we all will have to live with it. Get used to a socialist society and what we say, do or try to do will be distributed under Austerity Law.

Better to sick back and collect Government Benefits.
The Quiet One (OP)
The Quiet One

User ID: 27702819
United States
02/01/2013 02:06 PM
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Re: Truth on Economy
People need to get UNCOMFORTABLE. Your way of life is going away sooner than you think.

Watch the Superbowl this weekend and enjoy. Calm in the world is getting ready for shock and awe - Total-Chaos!

Isreal is alone right now. They do not have a lot of support. As I have stated in the past, I am a "CHRISTIAN" by choice; who calls myself "SPIRITUAL". Whatever color, sexual preference or religious or non-religious affilation you choose; does not effect me personally.

I pray that you are prepared mentally and physically with what is going to happen sooner than what you think.

This mini-war in Northern Africa is just the tip. North Korea is a small little country ran by a radical loon. They are the most dangerous. Beware of China and Russia.

The USA has been set up for the last 40 years to fail and we have accomplished that. My hope is that the true Americans will stand up and show the World that we can and will work to provide and support us no matter what.

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