Everyone knows we are in a deep recession, but very few people understand the following critical points.
- The financial crisis we are experiencing today is only the tip of the economic iceberg we will hit in the near future unless we radically change course.
- The stimulus plan and budget before Congress in 2009 will not rebuild our economy or prevent us from hitting the iceberg.
- The roots of today’s crisis were planted at least thirty years ago and the bitter fruit we are eating today is just a taste of the financial catastrophe lurking in our future that could bring our country to its knees.
Short of a thermonuclear war, this is a far bigger threat to your economic future than anything else. By some estimates, the danger on the horizon is 25 times bigger than the current financial system breakdown.
Several years ago I didn’t thoroughly understand our economy’s dangerous condition, but I understood enough to know that a lot of the “information” coming out of Washington was highly questionable. To get to the truth, I started analyzing all kinds of government data and reading every article I could find about our economy from hundreds of business publications, newspapers, government sources and private-sector organizations.
What did I find when I put all the facts together?
For one thing, a very large portion of what people hear and read about our economy is carefully crafted lies, uninformed conclusions or just wishful thinking. And much to my disappointment, it became apparent the biggest liars were the people we should be able to trust the most: the members of Congress and the White House.
But the most important discovery was that our economy was in far worse shape than I ever imagined. Like every American, I had believed too much of what I heard from our political leaders and assumed that because the top of the volcano was calm, serious trouble was not developing below.
What I uncovered was so disturbing I decided to write Thin Ice – and Melting: Why Our Economy is Failing and How We Can Stop the Meltdown to document my findings and warn all Americans that their economic future is in serious peril.
To help communicate my findings, I founded The Real State of the Union because I believe we are headed for disaster and I want my children and grandchildren to have the same opportunities I had.
I am not an alarmist. Our world is not going to end tomorrow, but life will become more difficult for everyone and very unpleasant for a great many people if we don’t turn our economy around.
I’m also not Chicken Little, claiming the sky is falling down without any facts. Every conclusion I reached in Thin Ice – and Melting is based on verifiable facts, sound logic and objective analysis.
Although some readers may disagree with my conclusions, I challenge everyone to show me where my facts or logic are wrong. Frankly, I wish someone would show me where I am wrong and why our economy is in great shape, but I don’t think that’s possible.
My findings are consistent with leading academics, think tanks and economists, but I have gone beyond what anyone else has done. I have identified the root causes of our economy’s decline and knowing what’s broken made it possible for me to determine the key objectives we must achieve to rebuild our economy. No one else has presented a similar comprehensive plan.
Short of a miracle, we are at a critical point in our nation’s history. If we make the right moves, we can rebuild our economy to improve everyone’s economic health and restore our country’s greatness. But if we make the wrong moves, we will find ourselves in a downward spiral that could end in a terrible crash.
One thing is certain. Our economy’s problems won’t fix themselves any more than cancer will cure itself if you just pretend it doesn’t exist and hope it goes away. But that’s the game that has been played on Capitol Hill for decades and this attitude won’t change without intense pressure from people like you and I.
We can’t wait years for our political leaders to come to their senses (if they ever will) because in terms of the time it will take to fix the fundamental weaknesses of our economy, the future is here today.
So why should you read Thin Ice – and Melting?
Because if you don’t know what’s in Thin Ice – and Melting, you know very little about our economy and you don’t understand why our economy is in much deeper trouble than anyone in Washington wants to admit.
Do you want to wake up five years from now asking “What happened to my job and income?” - or do you want to know why our economy isn’t working and what we must do to fix it so you can help move our government officials in the right direction?
The painful truth is that we need to do a lot more to rebuild our economy than anyone is talking about. Our economy, our government’s finances and our political system are all intertwined and we can’t treat one part very well without treating all of the parts.
The last two chapters of Thin Ice – and Melting lay out the big changes we must make on several fronts to reverse our economic decline. There is much more to do than can possibly be done in a year or two, but we must start now to have even some chance of having a brighter financial future.
We desperately need a revolution to save our jobs and save our country!
Find out where and why we need a revolution by reading Thin Ice – and Melting: Why Our Economy is Failing and How We Can Stop the Meltdown.
The job you save may be your own.