Shrinking America, Crouching China


Our economy is fast falling into a Third World economy according to Paul Craig Roberts, former Reagan administration official. “Americans have been betrayed by their government,” he recently told a Georgia television audience when asked if the fault all lies with China. When the politicians of both parties told us we’d have a new economy with new products available and new types of jobs, basically Roberts is saying we were sold a false bill of goods.

Unless decisive action is taken immediately, he is warning that a demise of the U.S. economy will feature only domestic services and other non-trade products such as wait jobs, bartenders, and ambulatory health care jobs. “We were told we would have a New Economy, but those jobs never appeared,” the Reagan advisor said.

India, especially, has been the recipient of the politicians’ failed economic policies. “The jobs aren’t here anymore.” So, while we were led astray by Congress and at least three presidential administrations into thinking a New World Order that combines large continental areas into common economies would be a good thing for Americans, China is reaping results — including its military, according to another independent thinker.

Recently, Dr. Nick Begich told a radio audience that while we spend $700 billion on defense….

Read more from Suzanne Eovaldi, FloydReports.com.

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Comments

  1. ProundPatriotToo says:

    Send all of Washington to jail and throw the keys away.

    • siteunseen says:

      Vote Ron Paul 2012! He's the only honest politician out there. The rest are bought and paid for. He's right about his foreign policy also. He's been right since 1988.

      • Edwardkoziol says:

        Ron Paul has some good ideas but the old bird will probably croak in office and some of what he believes is just plain insane.He reminds me of our current VP Joe Bite Me

        • Seeks_the_truth says:

          Which part do you think is insane? Giving government control BACK to the people or giving you back your money so you can invest in your own retirement? (instead of congress dipping in and taking what they want)
          Regan was almost 70 years old and he did WONDERS for America. Would you prefer the child illegally in office now who says "My mommy always told me smile pretty for the cameras and the world OWES ME!"

  2. Robert Evans says:

    Vote Ron Paul or Rick Perry

  3. Edwardkoziol says:

    China owns the US now and what do we do we borrow money from them to give it back in foreign aid,does this make sense.These people who run this country are suppose to be the most brilliant minds we have but the average Joe Blow could do better.Would anyone give money to their enemies to help destroy them?

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