The Economic Collapse
March 9, 2011
The ratio of government handouts to wages and salaries in the United States is now at an all-time high. According to TrimTabs Investment Research, government handouts have reached a level that is equivalent to 35 percent of all wages and salaries in the United States. Considering the fact that this figure was only 21 percent back in the year 2000 and only 10 percent back in 1960 that is very frightening. The sad truth is that today the American people are more dependent on direct government payments than they ever have been before. What this does is that it takes formerly independent Americans and transforms them into “sheeple” and pets of the government. Today we have tens of millions of Americans that eagerly await the crumbs that the federal government tosses them each month. This is one reason why our national debt is exploding, but our politicians like this system because it enables them to buy votes. Meanwhile, the federal government and the international corporations that dominate our economy have rigged the game so that power and money are becoming increasingly centralized in their hands. As a result of the system that the “big boys” have developed, millions of small businesses across the country are being absolutely crushed, the standard of living of the middle class is gradually being destroyed and more American families slip into poverty ever single day. What we need to do is to dramatically reduce the power of both the federal government and the big corporations so that small businesses and individuals can thrive once again, but instead “activists” such as Michael Moore are out there demanding even more taxes and even more government handouts.
Not that a “safety net” is a bad thing. We simply are not going to allow tens of millions of Americans to starve out in our streets. However, it has gotten to the point where the majority of American families are now dependent on the U.S. government in one form or another and that is very, very wrong.
More government handouts are never a long-term solution to anything. Handouts do not give people dignity. Handouts do not teach people to be independent. Handouts do not enable people to live the “American Dream”. Handouts are not the path to prosperity.
What the American people need are jobs and an environment where small businesses can thrive. But instead, the federal government has allowed the big global corporations to ship millions of our jobs out of the country and the federal government continues to burden our small businesses with an endless array of new taxes and regulations.
Who is successful in America today?
It is the big boys. Everyone else is being crushed.
This is what the founding fathers tried to warn us about. They did not want the federal government to have much power at all, and they were deeply suspicious of large corporations.
But we have turned our backs on the principles of the founding fathers.
We should be figuring out how to get back to the America that our founding fathers originally tried to create, but instead all of the attention is being given to “activists” such as Michael Moore who are calling for even more taxes and even more government handouts. The following video is of Michael Moore giving a speech to protesters in Madison, Wisconsin on March 5th, 2011. His speech was entitled “America Is Not Broke”….
Yes, the “little guy” is being absolutely crushed in America today. But for people like Michael Moore the solution is always to tax the middle class more and to pass out even more government handouts.
That isn’t going to solve anything. Most of the ultra-wealthy have turned avoiding taxes into an art form. A third of all the wealth in the world is now held in “offshore banks“. Many of our largest corporations don’t pay a dime in federal taxes even as they pass out multi-million dollar bonuses to their executives.
Raising taxes in most definitely not the answer. Those that have mastered the art of avoiding taxes will continue to do so no matter how high you raise them.
The truth is that we need to shut down the IRS and scrap the current tax system entirely. It simply does not work.
What we need to do is to get the federal government and the big corporations under control and transfer the power back to the American people.
That is what our founding fathers intended. They intended for the common man to be empowered to start businesses, create wealth and pursue happiness.
But instead tens of millions of Americans have become addicted to government handouts. When large numbers of people give up and willingly become wards of the government that is not good for society.
Unfortunately, more Americans today are dependent on the U.S. government than ever before. Just consider the following statistics….
-According to TrimTabs Investment Research, social welfare benefits in the United States have risen by $514 billion over the past two years alone.
-As 2007 began, only about 26 million Americans were on food stamps, but today over 44 million Americans are now on food stamps.
-Over 50 million Americans are now on Medicaid.
-Back in 1965, only one out of every 50 Americans was on Medicaid. Today,one out of every 6 American is on Medicaid.
-53 million Americans received $703 billion in Social Security benefits in 2010.
-Right now the U.S. government is either writing or guaranteeing well over 90 percent of all mortgages in the United States.
-It is being projected that extended unemployment benefits will cost the federal government $34 billion over the next two years.
-30 U.S. states have borrowed a total of $41.5 billion from the federal government just so that they could continue paying out unemployment benefits during the recession.
-Entitlement programs such as Social Security and Medicare now account for 58% of all U.S. government spending.
But what else should we expect? The federal government has been using a sledgehammer to endlessly pound away on the capacity of small businesses and individuals to create wealth and jobs and opportunities. The business atmosphere in the United States is now so toxic that it is amazing that any small businesses have survived.
Most Americans find themselves with no other way to make a living other than to work for someone else. But the big global corporations have discovered that they can make much larger profits by getting rid of American workers and by shipping our jobs overseas and our politicians are allowing them to get away with it.
The truth is that both political parties don’t have the answers. Neither party seems to have any clue about how to stop millions of jobs from leaving the United States and neither party seems to have any clue about how to create a business environment inside the United States where individuals and small businesses can actually thrive.
How much longer will it be before we all finally admit that we are experiencing total system failure in this country? Should we all just quit trying and sit on our couches waiting for the next government handout? The truth is that there aren’t nearly enough jobs for all Americans anyway.
The middle class is dying and the establishment has us all fighting with each other. The left and the right are busy fighting about taxes and budget cuts while the ultra-wealthy continue to enjoy massive profits and incredibly low taxes in the globalized economic system that we have allowed our politicians to create.
Yes, there are tens of millions of Americans that are deeply suffering right now and they need to be helped.
But government handouts are never a long-term solution to anything. What we need to do is to massively reduce the power of the federal government, massively reduce the power of the big corporations and stop businesses and jobs from being shipped out of the country. We also need to create an environment in the United States that is very favorable to small businesses. That would give our country a chance to start creating good jobs again.
But instead, we continue to allow our politicians to destroy our economy. We actually have 10 percent fewer middle class jobs in this country than we did just ten years ago. The middle class is being systematically destroyed. All of the wealth and all of the power are slowly being transferred into the hands of big government and the big corporations.
The vast majority of the rest of us are being transformed from strong, independent, prosperous Americans into dehumanized sheeple that can’t wait for the next government check to come in.
Does anyone out there actually believe that this is what our founding fathers originally intended?
This article was posted: Wednesday, March 9, 2011 at 5:47 am