Saturday, March 5, 2011
Don't fall for the media propaganda. The worst is still yet to come...
Haven't you heard? The coming economic collapse has officially been canceled. The U.S. economy is in full recovery mode. It has just been announced that the U.S. unemployment rate fell to 8.9% in February. That was the third monthly decline in a row. 192,000 new jobs were created in the U.S. during February. That was the fifth month in a row in which the U.S. economy has gained jobs. Corporate profits are way up. For the most recent month that numbers are available, sales of GM vehicles were up 49%, sales of Chrysler vehicles were up 13%, and sales of Ford vehicles were up 10%. Can't you see? The great American economic machine has roared back to life. The stock market is way up this year. The recession is over. Our financial system is more stable than ever. Pretty soon all Americans that want jobs are going to be able to get jobs and all of our government debts are going to be paid off. The greatest days for the U.S. economy are just around the corner. So don't worry, be happy.
Don't worry, be happy - the U.S. unemployment rate is falling and it will continue to fall. Don't be concerned that according to Gallup, the U.S. unemployment rate actually rose to 10.3% at the end of February. Everyone knows that U.S. government numbers are far more accurate than the numbers that Gallup puts out. Just don't pay any attention to the "doom and gloomers" and just keep on watching American Idol. Very soon there will be plenty of jobs for everyone.
Don't worry, be happy - globalism is doing wonderful things for the U.S. economy. Just look at all the incredibly cheap products from foreign nations such as China that are available in our stores. Do you think that all of this stuff would be so cheap if we didn't have free trade? We may have a massive "trade imbalance" right now, but this is just temporary as we transition over to a one world economy. The job losses may look bad right now, but once our wage levels go down low enough we will be able to export more stuff to the rest of the world. So don't be alarmed when the "protectionists" tell you that between December 2000 and December 2010, 38 percent of the manufacturing jobs in Ohio were lost, 42 percent of the manufacturing jobs in North Carolina were lost and 48 percent of the manufacturing jobs in Michigan were lost. Those workers just need to get more "education" so that they can be competitive in today's global economy. And please don't listen to people like Alan Blinder, an economist at Princeton, who is projecting that offshoring will ultimately affect up to 40 million American jobs. The truth is that there are many jobs that simply cannot be outsourced. For example, workers over in China and India will never be able to flip the burgers that need flipping here in the United States and they will never be able to welcome people to your local Wal-Marts.
Don't worry, be happy - the fact that the number of Americans on food stamps has set another new all-time high (44 million) is just an indication that more Americans are learning how to use government services. At some point this number will start to go down as the U.S. economy roars back to life.
Don't worry, be happy - the fact that new home sales in the United States have been setting record lows just means that the only direction they have to go is up. As the employment situation continues to brighten, it is inevitable that the housing industry in the U.S. will surge to greater heights than ever before.
Don't worry, be happy - the fact that so many Americans are going back to work means that lots of additional tax money will soon be pouring into the coffers of state and local governments. In Idaho, Boise County has just declared bankruptcy, but that is just an isolated incident. We shouldn't be seeing too many more local governments default on their debts...