{"id":4511,"date":"2020-10-04T20:56:37","date_gmt":"2020-10-04T20:56:37","guid":{"rendered":"https:\/\/www.wakeandwondershop.com\/?p=4511"},"modified":"2020-10-04T20:56:37","modified_gmt":"2020-10-04T20:56:37","slug":"the-real-state-of-the-real-economy","status":"publish","type":"post","link":"https:\/\/www.wakeandwondershop.com\/the-real-state-of-the-real-economy\/","title":{"rendered":"The Real State of the Real Economy"},"content":{"rendered":"
The real state of the real economy is that we are currently living in a state of crisis. It may seem like a joke to some, but it isn’t. In fact, if you watch the news and read economic reports, you will see this crisis hitting us from all angles. Even though there have been ups and downs in the economy during the past several years, the big picture tells us that the recession is on its way to becoming a depression. When the economy hits a downward spiral, it will have a devastating effect on our economic system and society.<\/p>\n
If you take a look at the historical records of past recessions, you will see that many of these economies had some type of an economic stimulus plan in place to help boost the recovery of the economy. With all the money pumped into the economy, it would not only help the economy but it would also help keep the economy afloat.<\/p>\n
However, now we have been down this road and are in the same position as all the other nations who have used economic stimulus programs in the past. The government is pumping millions of dollars into the economy, which is a good thing, but the reality is that no matter how much money we are spending in the economy, we are not seeing any improvement. Instead of seeing an increase in GDP growth, we are seeing negative GDP growth. This is the real state of the real economy.<\/p>\n