THE PRIVATE SECTOR IS NOT OKAY!!!!!
Dr. Kirk Elliott refutes President Obama’s statement that the “private sector is okay” with actual facts. Research from the Federal Reserve shows that from the years 2007-2010 (A THREE YEAR SPAN), the equivalent of 20 years of profit have been wiped out. Americans saw wealth erode by 40% during this three year span. This is not good news, and proof that the policies being enacted by our government are detrimental to the future of our country. We may not be able to come out of this, unless we act now and act decisively.
experience
Your Headline says “Public Sector” I know you meant to say “Private” but that brings up a good topic for next time. The left believes that it is the public sector that creates wealth. Explain how it is the downfall of that belief that will eventually cause both sectors to fail. The Dollar is backed only by “the full faith and credit of the United States of America” The private sector is the only real backing of that promise. When the public sector reneges on its promise our only hope is to replace their monitary vehicle with others such as precious metals.
Thanks for the bringing that to our attention!