Real estate sales down. Layoffs everywhere. Banks slow to lend. Few small business jobs being created. Unemployment over 10% in some areas + 7% or more not even looking for jobs. Construction slow. Pensions cut. National debt up to $3.7 trillion. More government jobs created. Dollar weakens against other currencies. Approval rate of Congress at 11%.
Media paints a fairly rosey picture of the economy.
Those who depend on the US government and Democrats in particular are doing well compared to the rest of the economic sectors.
The link below is well worth reading for anyone who has friends and relatives in law enforcement. On top of this scenario, other city services and education are being cut too.
These facts do not provide a rosey outlook during this economic downturn over the past 18-24 months particularly when cities, counties and states [not to mention our own US of A] have spent money like there will be no tomorrow.
http://theeconomiccollapseblog.com/archives/will-thousands-of-police-layoffs-unleash-chaos-and-anarchy-across-america
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