Posted on 01/22/2015 1:22:47 PM PST by Brad from Tennessee
It’s one of the reasons I haven’t moved south in retirement. When the SHTF and it becomes a lot of work to keep warm in the winter, the entitlement army will be heading south in large numbers.
“”””That’s a terrifying possibility. Now they are largely stupid, lazy, and unhealthy which might mitigate their usefulness a bit. But still scary.””””
The term is cannon fodder.
The Free Traders off shored the low IQ jobs. Now it is “cheaper” to import slave manufactured junk and stipend the idle here. Hey, I am the tariff guy don’t look at me....
I worked the past week from 7am to 9pm. WTF am I doing? Some days I read the stories of welfare and taxes and as soon as I have the means to go Gault, sell my business, and liquidate my machinery guess what?
I suppose “national debt” never crossed her mind.
They print it. Which means debasing the value of dollar denominated financial assets.
Irrelevant.
The relevant stats are the percent of the workforce age people working and the percent on welfare.
The crash is going to be epic. I actually hope to be around to see it, God help me.
“I actually hope to be around to see it, God help me.”
—
I won’t be here but God help my grandchildren.
.
I’m in my early 50s and our son is 20. One of us will see it for sure.
L
I was way too... darkened... to even talk to her that night.
Anyway, when prompted with the question of paying for some pet program in the past, her answer was “well, the money’s out there!”
As another FReeper spoke for Obama’s real self -
“we could do all this nice stuff if the greedy rich people would only let us use their money”
” As another FReeper spoke for Obama’s real self -
“we could do all this nice stuff if the greedy rich people would only let us use their money””
Yeah, baby!
Lets see....the top 1% pay almost 40% of income taxes. Let’s take 90%. I mean, who can’t live on 1-5 million a year?
The freakin pigs!!
When a country sees a benefit with its employment source being exported it should re-examine it's real effect on GNP. Its corporate sector is gaining but the government sector is eating the cost of unemployment. If the gains made by the corporation are offset by the costs to government, this would be a national loser. What the consumer saves in product cost, is made up by increased taxes. A bummer.
Trade deal should have a JOB IMPACT STUDY to see if it is a winner or a loser.
All of these laid of tin workers are going to retrain as brain surgeons and rocket scientists.
The crash is going to be so murderous, I hope we all go quickly.
I have no interest in living in the post-crash world.
And it’s coming.
The moment lenders say, “We shouldn’t loan the U.S. Government any more money”.
That moment. Not a second longer. Snap! One minute everything’s great, the next minute, there’s shooting in the streets.
Exactly, and in our case, government loses two ways.
It loses the employment taxes on the labor that was off shored. Those taxes are huge compared to the paltry import tariffs we charge. And then it loses again when it has to support the unemployed.
State and local governments lose out on the sales taxes that would have been spent by the formerly employed. And businesses lose them as customers.
Exactly, and in our case, government loses two ways.
It loses the employment taxes on the labor that was off shored. Those taxes are huge compared to the paltry import tariffs we charge. And then it loses again when it has to support the unemployed.
State and local governments lose out on the sales taxes that would have been spent by the formerly employed. And businesses lose them as customers.
In very simple terms..., if you are employed to hand out benefits..., how do you excel?? It is very simple, you merely hand out as much as you can, "bending" or totally ignoring the rules for entitlement! I observed this almost 50 years ago, even in Florida, where social workers spoke proudly about the people they "helped" by ignoring the "rules"... (after a few drinks to lubricate their tongues!) It is FAR MORE prevalent today!!!
I don’t know if choice is going to hold much sway after it happens.
I give it 48 hours after the music stops. Then the cities go up in flames and no one will be able to stop it. No one.
We will stand our ground mostly because we have no place “better” to go.
Best of luck to you, sir.
L
ALL this money goes to business and the media they advertise on.
ALL of it.
Profit is the reason the Chamber of Commerce and the media fight so hard against conservatives.
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