Treasury Secretary Timmy ,tax cheat, Geithner said recently at a Global economic conference, "The Global Economy needs to become LESS dependent on the US Consumer."

Why would Timmy make such a statement unless he believes that disposable household income in the US is not only NOT going to grow, but likely shrink? If the US is to remain the LARGEST free market economy, doesn't it stand to reason the Global economy will follow the trends of the largest free market?

What could cause a drop in American "consumerism"?

1) Gunbment takeover of major segments of the economy (Obamacare & the Auto Industry "bailout")

2) Higher Energy Costs (Obama backed Cap & Trade)

3) Higher Taxes (well not just Obama but all Democrats want this)

4) Inflation (brought about by higher Gubment debt)

It starting to sound like "post recession", "fully recovered" US will be a shadow of its former self under the democrat dream.

Add to that the unions are tied to the democratic hip.

What we need is for the global economy to become MORE dependent upon the US PRODUCER. What strategies, if any, do you see coming from the Obama administration to foster that?

Obama is purposely on a mission to destroy America. The WIKILEAKS BS was done with purpose and that was not just some low level nut job acting on his own. We can go on...Israel, GB, Iran...taking over the economy., largest mtg holder, largest car company, health care... WTF don;t they own or control? This SOB will NOT compromise -1- bit. He is driving the bus full speed Jr Seau style over the cliff.

(10-23-2010 11:10 AM)NIU05 Wrote:  Obama is purposely on a mission to destroy America. The WIKILEAKS BS was done with purpose and that was not just some low level nut job acting on his own. We can go on...Israel, GB, Iran...taking over the economy., largest mtg holder, largest car company, health care... WTF don;t they own or control? This SOB will NOT compromise -1- bit. He is driving the bus full speed Jr Seau style over the cliff.

Agree totally.