Biden cede e chama Bolsonaro para reunião nos Estados Unidos

Well the GDP revision #’s came in this morning and wow! 1.6%, how pathetic. (“Anemic” if you want to be PC). 2 years of recovery and a gazillion dollars in stimulus and this is the best we can do?

There seems to be very few people in the world today who are not suffering from the devastating effects of our current global economic crisis. Prices keep going up, along with unemployment rates, foreclosures and growing poverty numbers.

In most countries, poverty means, not having enough food to eat. In America, we have wide-spread obesity, but the fat just hides the poverty. America is one of the only countries on Earth where people earning $40,000 – $100,000 a year live in perpetual debt and hang on a narrow thread over the pit of financial ruin.

Despite huge efforts and spending by government, we still have a “jobless recovery”. Before more money is printed and deficits further increased, we need to realize where the jobs have gone.

This article debunks the recent assertion by Vice President Joe Biden that the economy is moving in the right direction using a multitude of current and depressing economic data and indicators. The article provides a set of reasons for the country’s dire economic performance and proposes some ways to get the nation out of the economic doldrums and actually move it in the right direction.