Thursday, July 15, 2010

What’s behind the declining of US Economy?

For almost a couple of years the contents of the news in US is their declining economy. Research shows that every month they have hard times to recover from their declining economy

(WASHINGTON – Retail sales fell in June for the second straight month, more evidence that the recovery will slow in the second half of the year.

Spending on retail goods dropped 0.5 percent in June, the Commerce Department reported Wednesday. That followed a 1.1 percent fall in May. Excluding autos, spending was down 0.1 percent in June.

Americans are spending less and that could threaten the pace of the recovery. Consumer spending accounts for 70 percent of economic activity. But consumers have held back because of high unemployment and other signs that have dampened their confidence, such as the volatile stock market and a struggling housing market.)

When we try to read this article that was written by Martin Crutsinger, AP Economist writer we can clearly see that a big fall in economy hits US.

Analyzing all of these a certain question arose if what's behind this declining economy.

In a $bill we can see the word “IN GOD WE TRUST”.  As we try to look at it we can say that there is really a great connection between their belief and economy.
 

According to the research,Christianity has the largest population.

(Main article: Christianity in the United States

The largest religion in the US is Christianity, practiced by the majority of the population (76% in 2008). Roughly 51.3% of Americans are Protestants, 25% are Catholics, and 1.7% are Mormons (the name commonly used to refer to members of The Church of Jesus Christ of Latter-day Saints), and 1.6% to various other Christian denominations).

What is the connection of Christianity with this? Clearly we can see that Christianity plays a great role in their economy. Way back 10 t0 20 years ago, US was really blest by God because of their practice that conforms to God's Word.

Now as you can see,they claim that they are a Bible believing people but sad to say that their words does not conform to what they are doing.

God said, ”If my people who are called by my name,shall humble themselves and pray and turn from their wicked ways,then will I hear from heaven and will forgive their sins and heal their lands.” (11 Chron.7:14)

These is the only way they can recover from their declining economy, if they are true with their word “IN GOD WE TRUST”.


Resources from:

                           Bible
                           Religion in the US,Wikipedia

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