It is easy to understand why the U.S. economy is in
crisis and decline. Forget the delusional stock market (fueled by Fed fake
money printing). On Main Street our economy is sick and getting sicker. There
are no jobs.
The U.S. has 90 million working age, able-bodied
Americans unemployed - that’s almost one third of the country. The workforce
participation rate is the lowest in decades. The rate of business startups is
the lowest in decades. Food stamps, disability, welfare, and Medicaid are at
record highs. We are facing economic disaster. Why?
The answer is found in how we treat the heroes of the
economy. Firefighters are heroes because they run into burning buildings.
Policemen and women are heroes because they run towards the sound of gunshots.
That’s why they're called "first responders." Where would we be in a
crisis without these heroes?
But our economy relies on heroes, too. I call these
heroes "financial first responders." They are the business owners,
investors, job creators and taxpayers. Financial first responders risk their
money to create jobs, to provide a better life for their employees and to
provide products that consumers need at a price they can afford. They risk
their financial lives, just like the police and firefighters risk their bodies.
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