Of all the lies that President Obama and his minions have been telling us for seven years, one of the biggest is that the U.S. economy has recovered, is growing and will be able to support the garbage piles of debt that they are heaping on us.
But the truth will always be revealed, at least eventually – that is a Biblical concept, by the way – which is why very regularly the actual facts of our economic performance assert themselves and belie the president’s upbeat, self-serving, and utterly deceptive message.
That’s what just happened again when the official federal-government jobs report for September came out and showed that the entire U.S. economy could add only 142,000 jobs in September. That was way below the average forecast of economists of 205,000 jobs. Also, the government revised its figures for August and July and admitted that 59,000 jobs actually had been created; lower than they first surmised.
And that isn’t even the worst of it. While the unemployment rate held at 5.1 percent, which used to be defined as “full employment,” what this actually represents to a large degree is that so many millions of Americans realize the economic picture in this country and have given up looking for traditional full-time jobs.
This phenomenon is measured by the “labor participation rate,” which at 62.4 percent is the lowest that it has been since 1977, when the economy was still recovering from the mid-Seventies recession. And what it basically means is that, underneath all of Obama’s smokescreens, Americans are as discouraged about their personal financial fates as at any time in the last generation!
Sadly and profoundly, the typical stressed-out American has it about right. This economy hasn’t recovered and isn’t going to recover in any traditional sense, in large part because of the debt bomb that Obama and his predecessors helped plant. It is also part of God’s prophetic end-times plan; the US must be taken out as a world power.
In fact, coming soon is a financial calamity and dislocation so massive that it will make what happened in 2008 seem mild. Man’s debt-money system is about to collapse in a final, fateful convulsion that will still take millions by surprise.
We don’t want that to happen to you and your household. Clients who listened to me in 2008 and got out of the stock and bond markets and every paper money investment linked to the stock market, didn’t lose a penny. They moved their assets into precious metals, specifically into silver and gold coins of the types recommended by RealMoneyUSA.
Gold and silver prices are down again these days, in part because they’re being artificially suppressed. But that only results in a great buying opportunity for those who are wise enough to recognize the signs of the times.
For advice on how to take the steps you know you should take to protect yourself financially in these increasingly troubled times, contact us at info@RealMoneyUSA.com or 866-966-0177.