Despite the Federal Reserve Bank pumping vast amounts of money into the economy through the Bond purchase program, the huge amount of deficit spending per the congress and the regime, and the vast regulation of the different agencies of the government, the typical American is losing ground.
Our economy showed a loss of 2.9% the first quarter. We are assured the second quarter will show growth. It will have to show a substantial growth over 3% just to break even in the first half of the year. We are told our unemployment rate has been decreasing and yet the employment participation rate does not move. The numbers we are fed would indicate the economy is improving. Despite all these regime and academia assurances, the typical American is worse of today than he was in 2005 and 2011.
Obama, head of the regime and the Marxist/Progressives, and the Marxist/Progressives would have us believe we need more deficit spending, transfer payments, and government regulations and controls to start real growth. This formula did not work for Lenin, Mao, Castro, Franklin Roosevelt, Chavez, or any other Marxist and it is not working for the current Marxist. The answer is simple. A growing and expanding economy with real growth can only exist under a capitalistic system. It cannot and never has existed under a Marxist regime.
Marx knew this. In fact Marx said economies should only keep pace with the growth of the population. This way there is no excesses for people to accumulate and start the capitalist system all over again. Despite what they say publicly, the Marxist does not want true economic expansion so the capitalist has profits to innovate. Marx and Obama have both publicly decried innovations.
America, we have what Obama and the other Marxist/Progressives want; a stagnant economy. This way the public will depend more on government which assures the Marxist/Progressives even more power so they can eradicate the capitalist and capitalism and bring about their conforming and egalitarian society.