http://disasterandemergencysurvival.com/archives/millions-of-unemployed-americans-scramble-for-survival Survival Tips, Information, Resources And Guides For Handling Disaster And Emergency Situations Sun, 29 Jan 2012 20:30:13 +0000 hourly 1 http://disasterandemergencysurvival.com/archives/millions-of-unemployed-americans-scramble-for-survival/comment-page-1#comment-6939 Rufus Metroka Wed, 22 Jun 2011 21:30:43 +0000 http://disasterandemergencysurvival.com/?p=155#comment-6939 I am tired and sick of hearing about the "economic recovery". The US government borrowed and spent $6.1 trillion in the last four years to generate a cumulative $700 billion increase in the country's GDP. This means we've borrowed and spent $8.70 for every $1 of nominal "economic growth" in Gross domestic product. In constant dollars, GDP is flat, we've got no "economic growth" at all for our $6.1 trillion. In constant dollars, the gross domestic product in 2011 might return to the 2007 level, if the US economy continues "growing" at the same rate reached inside the first three months of 2011. If not, then the Gross Domestic Product will actually be below before recession levels. There is no economic recovery, the facts prove it. I am tired and sick of hearing about the “economic recovery”. The US government borrowed and spent $6.1 trillion in the last four years to generate a cumulative $700 billion increase in the country’s GDP. This means we’ve borrowed and spent $8.70 for every $1 of nominal “economic growth” in Gross domestic product. In constant dollars, GDP is flat, we’ve got no “economic growth” at all for our $6.1 trillion. In constant dollars, the gross domestic product in 2011 might return to the 2007 level, if the US economy continues “growing” at the same rate reached inside the first three months of 2011. If not, then the Gross Domestic Product will actually be below before recession levels. There is no economic recovery, the facts prove it.

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