How Close is America to Communism?
For the purposes of this blog, we will define communism as depending on the state for primarily all of your income.
Let's see how many Americans actually depend on the government for their income.
The easy one is the 1/3 of America that is dependant on welfare, food stamps, social security, and unemployment for income and spending.
Then we can add in the 20% of America that works for government including teachers, state college professors, military, etc....
Adding in health care workers getting paid by medicare, medicaid, and insurance from government workers ....and other government contractor like defense industry workers, road construction etc....you can easily see how 2/3 of America now depends on the government spending for their income.
So that only leaves about 1/3 of the nation truly in the private sector. Then what happens if the stock market crashes? Most of America's wealth would be wiped out...especially retirement accounts. Couple that will a likey implosion of real estate values and deminished business likely to result and most of America would be broke or near broke depending on the state for money to survive.
So there you have it, we are just one crash away from the point where practically every American will depend on the government for income. And for those of you that have money right now and are able to circumvent the crash,..... if we get to that stage, who do you think the government is coming after for assistance to help the rest of the nation?
None of this is very hard cappers....if you just think.
Alstry does have a solution......I will be blogging about it soon. My guess is two or three blogs away......so I guess in about 10 minutes.....just joking....but soon I promise.