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For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now

For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now

by Contributing Author | Nov 11, 2019 | Experts, Forecasting, Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog. What do you do when you have lost all hope that things will ever turn around?  It may still feel like “the economy is booming” for those at the top end of the economic food chain in...
GE Freezes Pension Plans For 20K Employees In An Effort To Cut Liabilities

GE Freezes Pension Plans For 20K Employees In An Effort To Cut Liabilities

by Mac Slavo | Oct 7, 2019 | Headline News

It appears that General Electric has gotten themselves leveraged a bit too far.  The corporation has decided to freeze the pension plans of 20,000 employees in an effort to pay off some of their debt. The move will help reduce the company’s pension deficit by about $5...
The Shutdown Is Providing Evidence Of Private Businesses Making Government Obsolete

The Shutdown Is Providing Evidence Of Private Businesses Making Government Obsolete

by Mac Slavo | Jan 10, 2019 | Headline News

The government shutdown is just providing more evidence that the government itself is unnecessary. Private companies in the Yellowstone area are voluntarily paying to keep the park clean without federal funding. According to Reason, nearly three weeks into the...
Government Shutdown: Food Stamp Money Is GONE At The End Of January

Government Shutdown: Food Stamp Money Is GONE At The End Of January

by Mac Slavo | Jan 3, 2019 | Headline News

Without funding for a much-desired border wall, president Donald Trump doesn’t seem willing to budge at all during negotiations for the upcoming budget battle.  While Trump and Democrats both hold out, funding for the food stamp program will run out at the end...
Trump To Democrats: The Government Remains Shutdown Until The Border Wall Is Funded

Trump To Democrats: The Government Remains Shutdown Until The Border Wall Is Funded

by Mac Slavo | Dec 26, 2018 | Headline News

President Donald Trump didn’t mince words when he declared that the government will remain partially shut down until his long desired dream of a border wall is funded. Democrats, however, still remain opposed to approving additional funding for a border wall as...
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