Monday, January 23, 2012

The State of the Union is poor in Americans trust of the government and the economy

Tomorrow night is President Obama's State of the Union address, and the state of the union is poor.  At least according to a new Gallup poll on how Americans feel the government is dealing with the economy.

"As President Barack Obama prepares his annual address to Congress, Americans are broadly dissatisfied with the state of the nation in several specific issue areas, with satisfaction down sharply in some cases since January 2008. However, three issues -- the nation's economy, the size and power of the federal government, and the moral and ethical climate in the country -- fit both of these unwelcome criteria." And with the only response the administration has in the past three years consisting of either printing more money which sends all assets, especially energy, higher in price, or fiscal stimulus of which 90% and more is lost due to inefficiencies and corruption, we don't see satisfaction rising any time soon. - Zerohedge

2012 may not be the end of the world according to the Mayan Calender, but it is well on its way to being the end of American domination in the global economy.


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