Off-Topic: Chinas Economy
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Name:
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Buteye
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Subject:
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Chinas Economy
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Date:
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1/19/2016 12:09:03 PM (updated 1/19/2016 12:11:52 PM)
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Chinas' economy grew at 6.9% for 2015, their slowest annual growth in 25 years. The growth in the United States is in the meager 2% range although Obama says our economy is booming. Stores are closing by the hundreds and companies are continuing to move offshore. Walmart is closing its stores in California because of the increase of the minimum wage to $15.00. General Electric is moving its headquarters from Connecticut to Massachusetts because of higher taxes. The stock market is at its worst beginning ever for the start of 2016. The Democratic presidential contenders want free college tuition, free healthcare, free daycare, $15.00 minimum wage, and many other freebies to numerous to mention. Obama touts the 5% rate of unemployment, but when you factor in the millions of people who are no longer counted in the labor market because they are no longer looking for jobs, the "real" unemployment rate is 12-13%. Wake up America!!!!!!!
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