Transfer Payment Problem
Not everyone seems aware of how big an impact government transfer payments (food stamps, unemployment compensation, welfare checks etc.) have had on the “recovery”. There has never been a time in America’s history when so many people were ‘on the take’ as opposed to contributing to the general good of society.
Global Economic Intersection estimates in “Personal Transfer Payments and GDP,” the accumulated value of “extra” transfer payments Americans received from 2008 to 2010 — that is, the amount over and above the long-term trend — worked out to about $569 billion.
The push has been towards layering on more and more taxes on the productive segment of society in order to fund the living expenses of those that live long-term on the efforts of others.
Almost 50% of all American’s now pay zero or less than zero (adjusted for refundable tax credits) in Federal Income taxes. If you are on the receiving end, all government expenditures are just fine (or desired) as they are ‘free’ to you.
Civil servants at all levels (e.g. police, firemen, teachers and bureaucrats, while gainfully employed are fiscally raping the general taxpayer population with their overly generous pensions. In my area (Chester County, Pennsylvania) teachers routinely retire right now with over $78,000 in annual pension payments (after 30 years and age 62) on top of their social security. Due to the state retirement system’s rules they actually ‘earn’ more per year in retirement than they averaged during their working years.
Cities, states and the Federal government are all going bankrupt to support transfer payments to those who either don’t work or are done working. This cannot continue without collapsing under its own weight.
Dr. Paul Price www.BeatingBuffett.com
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,812,371,845 |
| Stories: | 8,654,557 |
Whistler Blowers, Insiders
Collapse is what they want, it turns the middle class into government slaves and the elites get to play king. The only way to circumvent this is to NOT PAY TAXES, force the system into an early crash so that many middle Americans still have something left.