Download this episode (right click and save)
The Excruciating Decline Of America
Cities are dying, the tax base is diminishing, jobs are disappearing at a record rate, the infrastructure is crumbling, manufacture continues to disappear even after 30 years. To say there is no hope is an understatement. The statistics tell the story. Anecdotal information about overwhelming regulatory hurdles to running a small business. More info on Occupy Wall Street activities. More information pertaining to the greater gravity of the current depression as compared with that of the 1930s. The underlying technological growth to be found in the famed innovations of the 1930s (e.g. television, air conditioning, road-building, refrigerators and washing machines, etc.) is nonexistent today. All we have is “zombies industries” (finance, military, health care, etc.) which produce nothing of lasting importance.