First of all, every American citizen should realize that the real reason for the decline of the U.S economy is because of all the expansionary wars that the U.S is engaged in which cost American taxpayers Trillions of Dollars.
There is also a cronyism element, where the large corporations don’t pay their share of taxes, the “uber rich” also don’t pay their full share of taxes and politicians and Wall Street stealing taxpayers money.
The real U.S.A GDP is 1.8% based on pure consumption and production, minus the government spending…which manipulated the GDP figure.
As you live your life in America, you have this feeling that something is not right in America, but you can’t really put your finger on it. Cost of living has gone up and your pay has stayed the same or declined and benefits are being cut back.
Here’s is a great article that details what is really going on in the American real estate market. While there is a lot of headlines that tell you, there is a recovery in the housing market happening, the truth is that this so called recovery is skewed.
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