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U.S. Economy De-Evolving: Rebuilding The Industrial Base

Posted on 02 February 2010. Tags: American industry, American manufacturing, budget deficits, buy canned goods, buy disaster supplies, buy freezed-dried food, buy gold, buy silver, capitalism, congress, corporate subsidies, cost of labor, currency debasement, currency depreciation, current account, de-evoling economy, decline of the dollar, decreasing cost of labor, dollar, dollar decline, domestic goods, economic meltdown, Economics, economy, economy de-evolving, fall of the American Empire, federal reserve, fiat currency, finance, financial meltdown, free economy, free enterprise, freeze dried food, freezed-dried food, gold, gross domestic product, high unemployment, hyperinflation, industrial base, industrial base revival, inflating the money supply, inflation, inflation hedge, labor costs, labor unions, laissez-faire, libertarian, Lynn Tilton, manufacturing, manufacturing economy, manufacturing revival, market equilibrium, money supply, paper currencies, Patriarch Partners, political economy, political patronage, precious metals, prepare for disaster, printing money, protect against inflation, protect from inflation, public spending, rampant deficits, revival manufacturing, reviving the industrial base, Rob Viglione, silver, Spending, stock up on food, store food, store supplies, subsidizing industry, trade balance, trade deficit, U.S. dollar, unemployment, USD

Politicians love to preach about the virtues of an industrial base. They do it for three reasons: Industrial firms are great sources of subsidies and political patronage, such patronage buys support from organized labor union voting blocks, and it actually does make sense for countries to produce real things of value. Since WWII America’s industry has steadily declined as a percentage of GDP, but the winds of change are blowing. Continue Reading

Posted in Economics, Featured, Investing, PoliticsComments Off

Freedom Under Fire, Feb. 27th, 2009

Posted on 27 February 2009. Tags: 1982 recession, anti-business, california, Commerce Department, congress, double standard, earmarks, economy, gdp, GDP contracted, government is the problem not the solution, government spending increases, gross domestic product, labor market, omnibus spending, politics as usual, pork, President Obama, President Reagan, Reagan era over, Reaganomics, reduce size of government, Rob Viglione, Ronald Reagan, spending bills, tax cuts, tax the wealthy, trickle down, unemployment, Washington hypocrisy

Does Obama have a double standard with earmarks? The Reagan Era is officially over, economy falls much more than initial estimates, and unemployment reaches 10.1% in California…just the latest in your Freedom Under Fire Report! Continue Reading

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Tag Archive | "gross domestic product"

U.S. Economy De-Evolving: Rebuilding The Industrial Base

Freedom Under Fire, Feb. 27th, 2009

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