Nonfiction series 60 - Why Couldn't the USA Recover from the ...

Alla P. Gakuba

• 07 december 2016
• 9781943131907

Samenvatting:

For the USA to recover from today’s financial crisis it needs a noble President and a decent, selfless, and nationalistic government who knows how to solve national problems.

Today the American middle class, that was a foundation of the nation, has disappeared.

The USA government bailed out Wall Street with $787 billion and put those unsustainable debts on the shoulders of already impoverished Americans. There is high unemployment, foreclosures, skyrocketing cost of living, inflation, no security, 1.1 million are homeless, 2.2 million are in prison, growing population, millions of illegal immigrants competing for limited jobs, depletion of raw resources, an ecological holocaust, despair, and depression. President Obama added 20 million Americans to food stamp list. Americans amassed $17 trillion in personal, mortgage, and credit card debt, and $1.1 trillion in students loans. National debts are growing, today the USA has $20 trillion debts. Where $10 trillion debts President Obama added during his 8 years of presidency…