We are letting illegal aliens in this country to keep wages down. Although they continue to use our health care, schools, and welfare for their anchor babies at tax payer expense we do nothing. Then these people (yeah that's right I said these people) send the money they make back to their countries.
Now compound that with jobs going overseas (because the cost of labor) and the free trade. Our dollar is no longer based on the gold standard. Furhtermore, our corrupt morally bankrupt government keeps printing dollars while it runs record deficits.
They tell us innovation will keep us going. However, how can it happen when all jobs keep going over seas. Not just jobs getting phased out.
Our great nation is in trouble. I am sorry but its going to take more than a single a report about the unemployment rate to make me think we are heading in the right direction,
You really should read a book on economics. Free Trade, real free trade, LOWERS prices. Taking advantage of cheap labor overseas, LOWERS prices. You cannot artificially peg a currency to the “price of gold”, the price of gold fluctuates in other currencies too. You would have to have gold to back all of our dollars. It is a physical impossibility, buying and hording so much gold would, if possible, bankrupt the economy and destroy the free market in gold.