US Economic Out of Control

(Blog#1236)- More than 27 million Americans are taking Antidepressants and the government’s tax receipts have declined to levels not seen in over 75 years. This is empirical evidence that something is not right in America. For instance, the taxes it collects every month from workers’ paycheck, have dropped about 22%. Similarly, with so many businesses going bankrupt the corporate receipts have dropped by about 57%. This means the government has to: (1) print more money out of thin air or (2) borrow money from foreigners in order to maintain order and social tranquility. In option number (1) the value of your money/dollars is reduced. Recall that $100.00 in 1930 is now worth about $1,289 or more due to all that printing of money that the government does. Option number (2) is no better, borrowing money just increases the Nation’s deficit which will eventually increase out taxes because we have to pay it back and also pay yearly interest to the creditors. The only way out of this economic nightmare is to implement Presidential Executive Order #4 presented in my book “2008 When Wealth and Dreams Disappeared.”