New Financial Numbers Reveal The U.S. Economy Is Stagnating Again

President Barack Obama has not had a touchdown with the economy

Newly released economic data reveals the U.S. economy is stagnating again. Everything is up, but not in a good way, as unemployment, gas prices and national debt continues to climb. The efforts of the Obama Administration to tame the ongoing financial crisis via increased spending and more debt once again, has failed to produce fruitful results. Austerity is the way out of the crisis, but it is an option that is not and has not been on the table. 

China Overtakes America As The World's Top Trading Nation

 

It was announced this week that China has overtaken America as the world's top trading nation. This comes as a surprise to few in the business world, as the past several years have been an economic boom for China, who has utilized its large population to create the most efficient and prodigious workforce on the planet. What they have done in the world of mass production is impressive. It proves the old adage that sometimes there is, "Strength in numbers."