Quote from pspr:
Our economy does not just need a âtweakâ or two. Our economy is a total nightmare at this point.
The following are 20 things about our nightmare of an economy that you will not want to read if you do not want to become very, very angryâ¦.
http://www.infowars.com/economy-new...read-if-you-do-not-want-to-become-very-angry/
it kind of makes one wonder why you defend republicans so much since many things on that list that make you angry are directly attributable to republican policies. just a few on the list:
#1 Today, millions of American families are digging deep into their savings and investments in a desperate attempt to stay afloat. Over the past two years, U.S. consumers have withdrawn $311 billion more from savings and investment accounts than they have put into them. thanks george bush.
#2 15 billion dollars: the total amount of compensation that Goldman Sachs paid out to its employees for 2010. thanks republicans in congress.
#3 The number of American families that were booted out of their homes and into the streets set a new all-time record in 2010. set in motion under george bush.
#5 One Canadian company is making a ton of money shipping âmillions and millions of dollarsâ worth of manufacturing equipment from factories that are being shut down in the United States over to new factories that are being set up in China. repubilcan platform. unrestrained free trade and tax breaks for company moving jobs overseas.
#6 In America today, the wealthiest 20% own a whopping 93% of all the âfinancial assetsâ in the United States. trickle down economics is a republican principle.
#9 If the U.S. banking system is healthy, then why does the number of âproblem banksâ continue to keep increasing? This past week the number of U.S. banks on the unofficial list of problem banks reached 937. set in motion under bush regulations.
#10 According to former U.S. Labor Secretary Robert Reich, the wealthiest 0.1% of all Americans make as much money as the poorest 120 million. again trickle down economics is a republican principle.
#11 U.S. housing prices have now fallen further during this economic downturn than they did during the Great Depression of the 1930s. set in motion under bush policies.
#16 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs. unrestrained free trade is a republican principle.