posted on Nov, 30 2012 @ 08:31 AM
reply to post by fltcui
You are not mentioning anything that most of us that keep track of the economy already know.
Now thanks for putting it in very nice terms for those that do not understand what is happening can see it better.
US deficit and spending budget is unsustainable and have reached a point in time from where it can not return.
One thing you are forgetting is that amid all the "proposed" scam of taxes and cuts, the Fed ability to infused billions of dollars that add to
trillions yearly, into the Wall Street banking elite is not even addressed, as today is been secret close doors meeting in which Wall Street wants
Sadly but truth, America government taxing more the working class with the unspecified ways to cut spending but promises only will add more burden on
the tax payer.
Yes, January is going to be the beginning of massive lay offs for government as part of the already budget cuts within the government from last
That is why the president is so much into extending infusion of funds to aid the jobless, help hard-pressed homeowners and perhaps extend the
expiring payroll tax cut
coming January is going to be a lot of people in need of financial help, they see the tidal wave of more unemployment
and they want to look like they care.
What a scam we got of government, this is not just one side but both side of the elite ruling class that has taken hold of our nations Capitol.
Americas economy is nothing but an illusion and illusions are nothing but fake realities.