25% Less Workers....Medicare Premiums UP 25%
Medicare Advantage Premiums Expected to Rise 25% Next Year
Guess where this is going as practically every city, county, state, police department, fire deparment, school system, and hospital are now beginning to layoff or cut wages????
None of this is hard to see......
Maybe a better way to look at employment/unemployment is to count the number of workers actually working plus reduction in incomes to determine the actual impact to income on the nation.......
At this point...with credit being cut off to a significant part of the population....revenues are evaporating, only being aggravated by the fact that many are cutting spending on top of credit cuts..
With OVER $25 Trillion of debt and a few trillion of savings, it is mathematically impossible for our society to pay off debt absent a massive extention of credit at a lower interest rate than that which is being imposed on existing debt.
Until then, it is mathematically certain that America will continue to contract at increasing rates until the debt is cleared and most of America has shut down.....welcome to Zombulation Nation.....now we really begin to Feel as money evaporates.
Amherst H Wilder Foundation - 200 Over Next 9 Months
Update: Onondaga County - 135 Layoffs / Unfilled Positions
Until you understand Zombulation.......you have no clue how bad things are going to get if we maintain the same policies.....if you think it is only like Detroit.....you are not even close as Detroit has America to subsidize it....what happens when America has no one?