An American analyst believes that it is Å“too early” to predict the outcomes of economic policies of the United States government.
Å“Itâ„¢s obvious that weâ„¢ve been situated too dependency on the government and now the government has taken their willingness to facilitate that dependency away. Probably in the next five or ten years weâ„¢re going to [see] the outcome of their actions”, senior editor of occupycorporatism.com Susanne Posel told Press TVâ„¢s US Desk on Sunday.
She made the remarks after a new survey showed that four out of five American adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives.
Survey data exclusive to The Associated Press pointed to an increasingly globalized US economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
Å“We donâ„¢t have money to help people who are off of their jobs due to the heavy crash in 2008, due to the housing bubble, due to the collapse of the dollar”, Posel said.
Å“We have a situation where people are leaving their jobs, leaving their homes”, she concluded. Å“This is a very dangerous position”.
AGB/DB
Republished from: Press TV