The Incredible Shrinking Labor Force
Saturday, May 5, 2012
Money has been flowing into "the job creators' pockets" and they're not creating jobs as Republicans promised. Businesses aren't putting people to work. That's because what causes businesses to add workers is demand for a product. People don't have money to buy anything.
And here's what's really going to frost the cookies of supporters of 'austerity': The real estate in the US that Americans have been foreclosed on? It's being snatched up, purchased as income property, by foreigners. Foreigners are purchasing American real estate for rock bottom prices, as second, third, twelfth homes, vacation properties, rental properties.
About Barack Obama
Read the Article at HuffingtonPost
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