It Is Time for Trump to Talk About Debt Repudiation
Dave Hodges
TheCommonSenseShow.com
June 12, 2016
Nothing short of debt repudiation can save the average American worker from the scourge of a third world existence. This article takes a snap shot view of wages, employment, labor participation, retirement issues and the insurmountable debt faced by America.
The above statistic might be the good news. Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted by Google Consumer Survey for personal finance website GOBankingRates.com.
I marvel at the brazen ignorance we see from so many would-be experts on network television as they tell us how much the economy has recovered. Recently, American income statistics were released which showed that 51% of all Americans make less than $30,000 per year.
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