Our National Economy

This is the second in a multi-part series about our national economy.

How we are affected by downturns, spikes and elevations in the economy individually/personally and as families/communities has great similarity across a wide spectrum. But perhaps most importantly, in this instance, once we know the problem, or the causes of the problems, we also know the solutions. That is the natural corollary to identifying those problems.

The CIA World Factbook – which is available online at https://www.cia.gov/library/publications/the-world-factbook/geos/us.html – indicates that “Since 1975, practically all the gains in household income have gone to the top 20% of households.”

The next question that arises from that fact is this: Why?

The Central Intelligence Agency offers this explanation:

How to fix this ROTTEN economy

Here are a few “quick” points, and anecdotal observations, followed by solutions.

According to published reports, unemployment has ranged, on national average, between 9-12%. However, some suggest that the real unemployment rate may be much higher, in some cases, up to twice – or more – of the reported figure. Adding strength to that argument is the fact that 1.) the government reports

The United States Economy

Recently, I had the pleasure to revisit with a good friend, and we shared pleasantries, and updated each other on our lives. For several hours, we had a genuinely pleasant time.

My friend has dual citizenship – that is, he is a citizen of the United States and of another nation. He is also an entrepreneur.

What he shared with me gave me serious pause for thought – however, it wasn’t as if I had never seriously considered the implications of the subject he addressed. The subject was about the American economy.

Before we parted ways, I said that