"US economy is improving. Most of the stats coming out confirm that fact."
WRONG! If the economy is improving, why is unemployment RISING? Obviously if business is picking up, CEO's would not lay off staff in numbers. Also, its clear they see no imminent recovery either.
Why is the national debt at record levels? Now your gonna argue that GDP is up. Before you do that, ask yourself what GDP is. It is the sum of all production. But wait, can 1 + 1 equal 5? If individual earnings are crap, how can combined earnings be so good? Well, GDP includes things like defence spending, infrastructure and security. A lot of money been spent on the war on terror, security upgrades and rebuilding of the Pentagon and WTC. These funds cannot continue and sooner or later somebody has to foot the bill. Its gonna be taxpayers. Oh bravo Mr Greenspan and Pres Bush. Good work!
