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Thursday, August 21, 2014

This Is Your Recovery, And This Is Your Recovery Without Drugs

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson

Does this chart portray an economic recovery in any way? Wages have been stagnant since the START of the supposed recovery in 2010. Real median household income, even using the highly understated CPI, is on a glide path to oblivion. You just need to observe with your own two eyes the number of Space Available signs in front of office buildings, strip centers and malls across America to realize we have further to fall. Low paying, part-time burger flipping jobs aren’t going to revive this debt saturated economic system. But at least the .1% are enjoying their Federal Reserve created high. Fiat is a powerful drug when administered in large doses to addicts on Wall Street.

3 comments:

Anonymous said...

Wages are stagnant thanks exclusively to the democrats including the local ones.
It's their open arms immigration policies. Democrate are all regressive. You can thank them for letting all these immigrants in who are ready willing and able to take the jobs which guarantees the current employees will never get any kind of substantial raise. Democrats are evil people who don't want to see anyone get ahead.

Anonymous said...

Kennedy was killed over this

Anonymous said...

Do NOT challenge the Fed