The US economic position has never been stronger. Realize that I tend to view things from a macro perspective of our GDP which means I tend to ignore "biggest ever . . ." arguments.
I need to see percentages of GDP in order to see negative trends and frankly I don't see it.
We have a 13 trillion dollar economy today-- it will be 20 trillion by 2020. We are economically on fire.
Oh, yes, the economy is "WONDERFUL", just so long as you are NOT involved in any sort of small business!
The Mega-Marts and global Mega-Corp's have moved beyond capitalism, they are into a whole new realm of market dominance, fueled by exported labor and imported goods.
The simplest start ups require millions just to open the door, mergers have replaced innovation and true competition, our former core technologies are now manufactured outside the country.
CEO's destroy whole U.S. based industries, and get multi-million dollar bonuses for it.
We certainly are "economically on fire", and it's our innovative small business base that is being consumed in the flames!
Gov. Org. has become the greediest, most ruthless business of all, it now actively seeks the destruction of small business in favor of the mega-corp's., since the mega's are easier to collect taxes from and enforce "regulations" against.
Neo-conservative my posterior, more like Neo-Fascist!
The current sham cannot be maintained indefinitely, something will have to give, I hope I am not around for the "correction" that has to come.