The Last Two Areas To Outsource
GOVERNMENT AND HEATLH CARE constitute about 2/3 of the consumption in America. People who work in government and health care in America make very high salaries based on world standards.....and insane levels based on tax receipts.... considering tax revenues are evaporating.
We are now borrowing $2 trillion dollars per year simply so government and health care workers can get paid while private sector workers lose jobs, homes, and savings. We also borrow that money to fight a few wars but that is only part of it.
We could outsource much of our government and health care overseas and save trillions per year. Why do we need 50 states when one would do....or why do we have cities AND counties in a digital age. If we simply combined all of our cities into counties and combined all of our states into one....we would save trillions of dollars per year in administration costs....we might even be able to eliminate most income taxes.
The only problem is without government and health care spending trillions we don't have....our economy would evaporate an unemployment would skyrocket to unprecedented levels.
We face an interesting dilema, if we are not spending money we don't have.....we really don't have much of an economy. No wonder so many laws are being broken these days as fraud escalates to levels never seen in American history before.
Get ready, Madoff is going to look like a petty criminal before this is over.