Survival Of The Fittest. ECONOMICS 101.

This recession is just getting started and 5 million American are already unemployed in 18 months. When will we bottom out? Experts say it could take many more years for the economy to recover. America's economy CANNOT recover this time. I don't believe it, America's dug themselves an economic hole the size of The Milky Way. It has quickly come down to "Survival of the fittest."

The National Debt is currently at 11.6 TRILLION DOLLARS and has continued to increase an average of
$3.90 BILLION dollars per day since September 28, 2007!

America's total debt has increased over $500 BILLION each year since FY 2003, considering both budgeted and non-budgeted spending.

The problem is that no one realizes what the means. It means that no body on EARTH wants to buy ENOUGH of what America "sells" or "produces". Well, what does America produce? NOTHING. We abandoned farming. We build our economy around the last 2 decades around RETAIL, which Circuit City proved that the Internet has revolutionized business, and this is VERY VERY BAD for Americans.

Newspapers. Jobs needed as of today ZERO. Hello, no one uses it, stop selling it, the news is old by the time it gets read and its a waste of TREES. Industry like, tyrannasaurus rex, is now an endangered species which WILL become extinct.

Telephone Books. Jobs needed as of today a few. After all there is the hood where some can't even spell Internet.

If you have a business and you are NOT using the Internet to your advantage, your business like many many other businesses is going to become extinct. The next economic job loss reports come out in a couple weeks. Considering last month was the WORST month in the history of the U.S. in the last 25 years, it ought to be interesting since we are now

ONLY 18 MONTHS into a POTENTIALLY DECADE LONG UNEMPLOYMENT AND ECONOMIC CRISIS. Sure, everyone was to be positive and say, "Now come on, that can't happen." Well no one thought Katrina could happen nor 9/11, so why is anyone doubting the potential consequences and longevity of this recession.

The reason this recession is WORSE than the 1920's recession is because its a SLOW RECESSION and is SLOWLY working its way into the WORST RECESSION of US history. How much worse can Capitalism get? 5 million jobs lost in 18 months. 5 million more on the way. The unemployment rate at 10% is now as common place as gallons of gas for around $3.

$2.2 TRILLION IN DEBT?

Apparently 15% of America reads the news and thinks it does not apply to them. 15% of American is in complete and utter denial about what is going to happen in 2010. We just completed a job for a couple who just finished purchasing a $500,000 home. He works for Lenovo (formerly IBM). They apparently are part of that 15% who have not felt the pinch yet. Did you know that the forclosure rate in Florida is more than 17%? Did you know the unemployment rate in Michigan is more than 15%? How can 15% of American's seriously think that things are going to be "a lot" better in 2010?

Does that 15% even read anything on CNN? Did they read about Patrick Erwin, who has been unemployed since December of 2008, whose unemployment benefits ran out in July 2009? Patrick who is only 40 years old said, "I didn't see it coming at all. Even Target said I was too overqualified." Michelle Etheridge, another economy victim, is 38 years old and has been unemployed since April 2008. She was laid off a day before she was scheduled to have surgery. Typical of an employer in this country. Executives have sucked so much profits out of their companies that the only way to keep their companies going is to cannibalize jobs within. Instead of implementing salary caps, something the NFL realized was a brilliant idea, these companies were allowed to GREED themselves into the positions they are in now. With so many people out of work, so few job openings, Americans are getting a rude awakening. With the financial crisis in full swing, no one can even get a multi-million dollar loan right now to create the next great business to help get this country on track, unfortunately.

The fact of the matter is that looting and bank robberies are more than likely going to increase over the next year as more and more Americans are funning out of options to survive and support their families. In my research for crime rates, I came across several articles that stated studies have shown that in times of recessions, property crimes are more common. This brings us back to the ORIGINAL POINT of this blog posting. How the HELL can anyone with any sense possibly think that things are going to get "a lot" better in 2010? The facts all point to the economy flat lining at best for quite some time. A recovery, a word that is used much too frequently in the media, is no even going to begin to happen for several YEARS, if at all!

The Federal Reserve has already given out $2.2 TRILLION dollars in loans and stimulus packages, which has yet to even really do anything to put anyone back to work. Why? Because once again, America produces NOTHING. Look at the Fortune 100 list. How many companies on the list actually produce something that people need such as food? None. How many companies in the Fortune 100 profit from American debt and American wants? Too many to count. If you are going to vote on a CNN poll, maybe you should read some of the information on CNN's website before you vote, at least then your vote will seem somewhat intelligent. My vote: Worse off in 2010.