Economic Crisis Ahead: 12 Shocking Things Which Prove Our Economy is in Trouble

Craig HueyEconomics, events, International9 Comments

Economic Crisis Ahead: 12 Shocking Things Which Prove Our Economy is in Trouble

 

President Barack Obama claims that our economy is growing.

But these warning signs suggest our economy is in trouble:

  • Industrial production has declined … 9 months in a row.
  • Delinquency rate on commercial and industrial loans has been increasing since January 2015.

Firms Closing since 2015

  • U.S. bankruptcies are skyrocketing, surpassing previous years … 7 months in a row.

Labor Participation at its lowest

  • The labor force participation is at its lowest since the Carter Administration. Millions have given up looking for work because of the excessive regulations and taxes cutting down work. Entrepreneurs with great ideas can’t start up their companies of the historic regulatory burdens and high taxes
  • U.S. Factory orders have been dropping for … 18 months in a row.
  • Business sales have been drop for … 18 months in a row.
  • The recession indicators and internal tracking mechanism in major banking and financial firms have sounded heavy alarms.
  • Federal and state tax receipts are dropping, which happens right before a recession.
  • Layoff notices at large corporations is 24% higher this year. Online job postings have declined considerably over the past six years.

National Debt

  • The national debt has exploded. Barack Obama has increased the federal debt more in his term than all previous Presidents combined.
  • The number of temporary workers peaked last December, and has fallen dramatically in the past six months.
  • Foreign investors are dumping their stock in U.S. debt in record numbers, paying close attention to a flagging economy.
  • The socialist countries are in full panic and crisis mode. Riots in Venezuela clearly indicate how much the global economy is struggling.

How can we stop these massive downward trends in our economy?

It’s vital that we turn back unnecessary regulations and dramatically reduce the tax burden, which will raise wages and create new jobs.

What do you think? Email me at craig@electionforum.org.

9 Comments on “Economic Crisis Ahead: 12 Shocking Things Which Prove Our Economy is in Trouble”

  1. trickle down economics does not work!
    didnt in reagan era, and wont even more so now…greed takes over , if a company makes profit, it goes to ‘top-dog’/ceo bonuses, and raises.
    but yes, things need to drastically change, why is SS income taxed at all? or a retirement annuity? we already paid taxes on lifetime salaries, now many gt a full handout and dont even work.

    1. To ‘el’:
      You are correct, in that ‘trickle-down economics’ will not work today. But this is only true because since the beginning of the 1900s those claiming Christ have increasingly failed to represent Christ in society, government, and within America’s economic systems allowing corruption ‘to prevent trickle-down economics from trickling down.’

      Proverbs 25:26 – – A righteous man falling down before the wicked is as a troubled fountain, and a corrupt spring.

      One of America’s founders John Adams correctly stated that, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” This same principle applies to ‘trickle-down economics,’ in that it will not function in an environment of excessive corruption and can only function in an environment where there are enough citizens representing Christ to limit corruption which otherwise infects economic systems like a cancer. A cancer we see today in the form of corporate-fascism and anti-American globalism enabled by unconstitutional governance at the hands of Democrats-socialists and ‘establishment’ constitutional-deconstructionists who infect the GOP like a cancer.

      Whether we’re talking about gun violence, the failure of trickle-down economics due to corruption, or other failures of America due to corruption, the bottom line is that those in denial about what is causing America’s ‘slide towards national-suicide’ will continue to turn to unconstitutionally empowering government in an attempt to remedy problems created by those claiming Christ who do not find Christ worth representing in society and government to the exclusion of evildoers.

      What is stunning about America’s existing emaciated moral, economic, and constitutional condition, is that Christians continued to allow the GOP to become infected with ‘establishment’ constitutional-deconstructionists who function as ‘the lesser of two evils’ compared to Democrats, as if somehow for the first time in the history of the world, voting for ‘the lesser of two evils’ would not bring more evil in the end.

  2. Central governments cannot and should not run the economy. We need to restore a Biblical understanding of family business, supported by families, churches and governments that operate within Biblical roles. Then we can help people use their God-given talents to develop the abundant resources all around us. When God is at the center of the economy, all people flourish.

  3. El has been completely brain washed by Democrat’s rewrighting of History! The Regan Era was fantastic 280,000+ jobs being created month after month. Socialism does not work. Neither does income redistribution!

  4. Anybody remember Reagan’s comment: “Government isn’t the solution to the problem. Government IS the problem.”? Obama has done almost everything he can to dismantle and destroy our form of government. He is the WORST President since the beginning of the 20th Century. What mystifies me is WHY OH WHY hasn’t our Congress impeached him?? He’s FAR worse than Bill Clinton and Clinton was impeached, but not convicted. He has instituted thousands of “regulations” that are strangling free enterprise and the start of new companies. His being out of office can’t come soon enough.

    1. John Kaye, do you really have confidence in our congress and representatives, (with very few exceptions)? PLEASE share and build our confidence!

  5. My brother had to close the family vinyl record manufacturing business, which has been fully operational for decades, and due to the high cost of operating in CA, he sold the business to a buyer from TN. Then my brother got hit with a 40% tax! The operational costs exceeded the company profits. The end of an era for our CA business.

  6. As 2 Chronicles 7:14 reads, “If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and heal their land.” We, God’s people are the reason America is in the state it is in. This is just like the story of the city of Nineveh. They prayed and repented and God forgave them and healed their land.

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