Have you seen the latest economic indicators? I mean the ones not manipulated by the Obama administration or the mainstream media. Wall Street may be flying high, but on Main Street it looks more like Detroit every day.
If you think Obama has solutions to turn it around, I've got a bridge to sell you...in Detroit. The biggest city to ever go bankrupt, Detroit, has been run by Democrats since 1962. That's over half a century of 100% Democrat rule, using the exact same policies as Obama. The city is now in ruins. Detroit leads the nation in illiteracy, welfare, food stamps, violent crime, murder, abandoned properties, and broken street lights.
The city of Detroit’s downfall is built around five core ideas: never-ending spending, unlimited entitlements, the most government employees per capita of any city in America, monstrous debt, and the highest property taxes in America. But wait, isn’t that Obama’s exact prescription for the nation? High taxes, more spending, more entitlements, more debt, and more government employees. Bingo.
Help isn’t coming folks. The cavalry isn’t riding in to "save" us. They are coming to destroy us. The reason Obama feels are pain is that he is the one causing it.
Detroit is certainly the future of America under Obama. It’s the exact same policies. We are experiencing Groundhog Day- doing the same stupid things, and expecting a different result.
Detroit proves that Obama isn't just on the wrong track, he has derailed the train. But if Detroit isn't your cup of tea, let's take a peek at the carnage in Europe. The EU is in the middle of a Great Depression. Countries like Spain, Portugal, Italy, France, Greece and Cyprus face total disaster. Their economies are ruined for generations to come. Former white collar bankers are living in tents and dumpster diving for food. Citizens are cutting down trees in the forest to provide heat because their electricity has been turned off.
You might say, "But we aren't Europe." Well you're right. We're worse. America under Obama now has more debt than every country in the European Union- combined. Our country has more government debt than any country in the history of the world. This is just another case of Groundhog Day. Obama's policies are the same ones that brought the EU to its knees. Why would we expect a different result?
In my latest national bestseller, “The Ultimate Obama Survival Guide” I listed hundreds of statistics proving that the U.S. economy was headed for total collapse. But that was all written months ago. Unfortunately, the worst was yet to come. How about an update?