the truth
17-08-2015, 03:40 AM
I watched a few documentaries lately....no doubt all have some bias
however as much as hes liked in Europe and as much as he seems to talk sense of most topics and appears to be doing well
I wonder if he is?
the unemployment rate has halved from 10.8 to 5.3% sounds great
the stock market appears to have doubled in 5 years, great
hes insured tens of poor americans, great
BUT
the debt is now increasing faster than gdp plus the interest, standing at $18.4 trilion
debt has grown by 8 trillion (66%) in 7 years
the fact debt is growing faster than gdp is horrifying
the US is in the worst 10 nations of debt to gdp ratios
the biggest owners of us debt are china
and the strongest major nation in the world in terms of debt/gdp is china
their debt/gdp rations is a tiny 22%, unbelievable
they could pay off all their debts in 3 months lol
THE ACTUAL EMPLOYMENT RATE TELLS US MORE, THAT HAS ALSO FALLEN 3% OVER THE 7 YEARS OBAMA HAS BEEN IN OFFICE DUE TO LONG TERM UNEMPLOYMENT AND IMMIGRATION RATES OUTGROWING THE NUMBER OF JOBS CREATED
SO IN REALITY MORE PEOPLE ARE UNEMPLOYED NOW THAN 7 YEARS AGO
cant help wondering if his recovery is a mirage...Reagans figures were infinitely superior
this US debt started spiralling out of control under Nixon as he got rid of the gold standard
im hoping obamas investments into infrastructure, roads, education, fracking, health insurance will reap long term economic benefits, but based on these figures on has to wonder how far the US economy is away from another collapse?
meanwhile we should be even more worried,our debt per head is the worst of the big nations and 5th worst in the world
however as much as hes liked in Europe and as much as he seems to talk sense of most topics and appears to be doing well
I wonder if he is?
the unemployment rate has halved from 10.8 to 5.3% sounds great
the stock market appears to have doubled in 5 years, great
hes insured tens of poor americans, great
BUT
the debt is now increasing faster than gdp plus the interest, standing at $18.4 trilion
debt has grown by 8 trillion (66%) in 7 years
the fact debt is growing faster than gdp is horrifying
the US is in the worst 10 nations of debt to gdp ratios
the biggest owners of us debt are china
and the strongest major nation in the world in terms of debt/gdp is china
their debt/gdp rations is a tiny 22%, unbelievable
they could pay off all their debts in 3 months lol
THE ACTUAL EMPLOYMENT RATE TELLS US MORE, THAT HAS ALSO FALLEN 3% OVER THE 7 YEARS OBAMA HAS BEEN IN OFFICE DUE TO LONG TERM UNEMPLOYMENT AND IMMIGRATION RATES OUTGROWING THE NUMBER OF JOBS CREATED
SO IN REALITY MORE PEOPLE ARE UNEMPLOYED NOW THAN 7 YEARS AGO
cant help wondering if his recovery is a mirage...Reagans figures were infinitely superior
this US debt started spiralling out of control under Nixon as he got rid of the gold standard
im hoping obamas investments into infrastructure, roads, education, fracking, health insurance will reap long term economic benefits, but based on these figures on has to wonder how far the US economy is away from another collapse?
meanwhile we should be even more worried,our debt per head is the worst of the big nations and 5th worst in the world