Current Economic Indicators
Tim Williams
August 14, 2010
When we mean current economic indicators we have to consider all the facts that have manifested to a point the United States if faced with. This country has literately achieved unprecedented financial decline with monumental debt. Not since the 1930's has the United States been faced with such an economic and social disaster.
Our society today has over 75% of the population earning less than $30,000 per year. That equates to well below the necessary level to support not only themselves but leaves cities, and states without enough tax revenue to support all the mandated expenditures that are currently required by law. Every city and state are faced with massive budget shortfalls which feeds a continuation of economic uncertainty and triggers more financial loss of revenue to each town and state. Other sobering statistics indicate that the United States has ceased to be the financial and economic power that this country was after World War II.
When almost 70% of the population in the United States are currently finding it necessary to use food stamps, credit cards or deplete whatever savings as the primary sources for buying food indicates that food prices are becoming out of reach for the majority of Americans. With over 15 million Americans currently unemployed, another 13% of the overall population homeless and with the current trend remaining unabated we can expect that these numbers will only increase. This leaves that the United States will have to continue to borrow more in order to sustain the current programs that keep the majority of Americans from either starving or losing more of their homes.
The current policies of our Government have only exasperated the many economic conditions around the country. One of the biggest concerns that has not been focused on is the actual number of individuals who are incarcerated and the actual amount of tax dollars needed to maintain the largest prison population of any country around the world. To date the cost of an individual incarcerated is over $30,000 per year. That is the actual cost per taxpayer. With the percentage of taxpayers in the United States steadily declining that figure will also escalate. This will add to the continuing out of control debt that this country is faced with.
Just recently the The American Medical Journal reported the actual percentage of Americans are increasingly at risk of Diabetes, heart disease, stroke, hypertension, and all other health related matters due to the continuing lack of a healthy lifestyle. This percentage has increased to all time highs. Much of which is a direct result of the economic and financial situation of an individual and the continued contribution of the technologies that have made exercise less appealing. More Americans are not exercising to the point of actual benefit for themselves every year. With budget shortfalls in school districts one of the first programs not renewed and funded is Physical Education. That has to be the one program like reading and math that has to have top priority not only for the sake of our youth but for the future prosperity and stability of our country. Unless this country doesn't renew the council of Health and Fitness in all our schools from pre-school through high school this nation will continue to be at risk to all the health problems and financial hardships associated with the many diseases that are a direct result of a lifestyle counter productive for the future of this country. Compounding the problem of our health care in the United States contrary to the recently passed health care bill more and more Americans are still without health insurance while the medical and pharmaceutical costs keep rising. The current way our many health care services are run wouldn't solve the monumental costs associated with the increasing number of citizens who now need health insurance. This in itself has to warrant a complete elimination of our current policies and implement Universal Health Care into the United States.
With our Armed Forces so far entrenched in the many armed conflicts around the globe the staggering amount of tax dollars needed to keep our momentum going in eradicating the threat of terrorism is another major contributor to our catastrophic national debt
With all these indicators the prognosis for the future of the United States is grim unless current policies are completely changed. Using lessons learned from history a National Economic Reform agenda has to be the new course and plan of direction both for short term economic gains but for the long term future prosperity, stability, and security of the United States. Eight articles that deal directly with the solutions and programs needed to eliminate the cost ineffectiveness of current policies, eliminate our national debt, and enable every American citizen to have the availability and ability to achieve economic stability and prosperity.
Our society today has over 75% of the population earning less than $30,000 per year. That equates to well below the necessary level to support not only themselves but leaves cities, and states without enough tax revenue to support all the mandated expenditures that are currently required by law. Every city and state are faced with massive budget shortfalls which feeds a continuation of economic uncertainty and triggers more financial loss of revenue to each town and state. Other sobering statistics indicate that the United States has ceased to be the financial and economic power that this country was after World War II.
When almost 70% of the population in the United States are currently finding it necessary to use food stamps, credit cards or deplete whatever savings as the primary sources for buying food indicates that food prices are becoming out of reach for the majority of Americans. With over 15 million Americans currently unemployed, another 13% of the overall population homeless and with the current trend remaining unabated we can expect that these numbers will only increase. This leaves that the United States will have to continue to borrow more in order to sustain the current programs that keep the majority of Americans from either starving or losing more of their homes.
The current policies of our Government have only exasperated the many economic conditions around the country. One of the biggest concerns that has not been focused on is the actual number of individuals who are incarcerated and the actual amount of tax dollars needed to maintain the largest prison population of any country around the world. To date the cost of an individual incarcerated is over $30,000 per year. That is the actual cost per taxpayer. With the percentage of taxpayers in the United States steadily declining that figure will also escalate. This will add to the continuing out of control debt that this country is faced with.
Just recently the The American Medical Journal reported the actual percentage of Americans are increasingly at risk of Diabetes, heart disease, stroke, hypertension, and all other health related matters due to the continuing lack of a healthy lifestyle. This percentage has increased to all time highs. Much of which is a direct result of the economic and financial situation of an individual and the continued contribution of the technologies that have made exercise less appealing. More Americans are not exercising to the point of actual benefit for themselves every year. With budget shortfalls in school districts one of the first programs not renewed and funded is Physical Education. That has to be the one program like reading and math that has to have top priority not only for the sake of our youth but for the future prosperity and stability of our country. Unless this country doesn't renew the council of Health and Fitness in all our schools from pre-school through high school this nation will continue to be at risk to all the health problems and financial hardships associated with the many diseases that are a direct result of a lifestyle counter productive for the future of this country. Compounding the problem of our health care in the United States contrary to the recently passed health care bill more and more Americans are still without health insurance while the medical and pharmaceutical costs keep rising. The current way our many health care services are run wouldn't solve the monumental costs associated with the increasing number of citizens who now need health insurance. This in itself has to warrant a complete elimination of our current policies and implement Universal Health Care into the United States.
With our Armed Forces so far entrenched in the many armed conflicts around the globe the staggering amount of tax dollars needed to keep our momentum going in eradicating the threat of terrorism is another major contributor to our catastrophic national debt
With all these indicators the prognosis for the future of the United States is grim unless current policies are completely changed. Using lessons learned from history a National Economic Reform agenda has to be the new course and plan of direction both for short term economic gains but for the long term future prosperity, stability, and security of the United States. Eight articles that deal directly with the solutions and programs needed to eliminate the cost ineffectiveness of current policies, eliminate our national debt, and enable every American citizen to have the availability and ability to achieve economic stability and prosperity.
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