There will be no noon promotion. I want these hard cold facts to sink in for at least 2 hours. – promoted by ek hornbeck)
As the old saying goes, “Read it and Weep!”
For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.
The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation’s growth.
There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.
Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 — and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.
And the net worth of American households — the value of their houses, retirement funds and other assets minus debts — has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s. ..>>>>>
There wasn’t a month in those eight years that went into positive job creation numbers, for a very short time that was being reported, then it quickly stopped and never mentioned again!
With two occupations started they even kept changing the numbers of recruiting monthly goals to show them as continuing reaching the military numbers needed for National Security and Two Occupations. They also raised the recruitment age and lowered the criminal backrounds!
Though many will say the Democrats took over Congress in ’08 so maybe they should share any blame for the last couple of years all one would need do is visit the Congressional Records to see that they’ve been trying to clean up the total mess, in a number of area’s, that preceeded them from the No working repubs. Just take the Veterans and Military, i.e. Walter Reed and Base living etc.. They were finally doing oversite and investigative hearings into what wasn’t done or didn’t concern the previous congresses as they waged two long running occupations with their rubber stamping of that administrations wants!!
Oh ya, they were also telling us that with the new, after 9/11, Homeland Security Agency that intelligence sharing was working better then ever before!! We saw how good on Christmas Day!!