The jobs reports for the last 2 months have been below what was expected but unemployment is now down to 4.8% which is a great mark.Â But inflation is far higher than being reported. When Jimmy Carter was president interest rates were astronomical. If it weren’t for the Federal Reserve trying to help the administration we should be at least 7.0 to 9.0 but with Covid-19Â keeping the world down we could fault on the American debt and then we would have the worse depression we ever had or thought of having.
America is on the brink of the largest depression the world has ever seen. Just look we owe approximately 30 trillion dollars in debt. Our (GDP) Gross domestic product is approximately 20,900 trillion dollars. It would take 1.5 years of our total (GDP) just to pay off the debt. Their is a simple solution but you would need a large I.Q. to figure it out.Â But the problem is We don’t have very intelligent Americans on economics to figure it out. I watch all the economics experts and not one of them have figured it out. When you hear on television or from any past Presidents say they can’t see any way to get out of this situation their talking from there point of view which is shallow and inebt.
The crisis is so simple a 10 year old should be able to solve the equation. I have known for 10 years how to solve the problem over night but why? Why should I tell and let China and Russia use my ability to help them solve their problem when all they do is keep them selves rich and let the average person not share in what could be a monumental discovery. Anyways if I decide to run for President of the United States in 2024 I will tell the world how but slowly Just keep reading my articles and you will all learn soon enough from my ideas thank you America I love my country but all the hard working Americans I am for you.