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alstry (35.64)

The Welfare Paradox.....Show me the MONEY!!!!!! Bye Bye Walmart?????

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May 27, 2009 – Comments (10)

About 2/3 of the Federal Budget goes to paying government committments.  Much of that goes to entitlements and welfare.

http://finance.yahoo.com/taxes/article/102817/How-Your-Tax-Dollars-Are-Spent

About 2/3 of the economy is driven by the consumer.....

Much of that consumer spending comes from the entitlement and welfare payments made by government.

For the past decade we have been fueling consumer and government spending by simply borrowing money we didn't have....some have characterized this as a ponzi like scheme.

Now the banks are borrowing money from us for practically free and not lending much back......Alstrynomics calls this transfer of money from citizens to banks Zombulation eventually resulting in most citizens having no money.

As a result of credit being cut off and money being transferred to the banks, consumer spending is slowing and tax receipts are evaporating while there is little prospect that the government will be able to continue to print to fund this ever growing debt load without being forced to pay very high interest rates.

Now our Governator tells us there is NO MO MONEY to pay Welfare to 500,000 needy families.  How do you think WalMarts sales are going to suffer in CA when 500,000 loose food stamps and other eligibility?  How do you think health care facilities are going to fare when 1,000,000 children lose health care coverage?

Now my Republican buddies are going to find out just how many jobs in America were dependent on simply serving the needs of millions of welfare recipients.  Many Republicans made huge profits simply selling goods and services to welfare recipients.  We are talking about hundreds of billions of dollars per year in sales that is simply going to evaporate once we are forced to stop funding welfare.... and consequently billions and billions in tax revenues simply gone from profits we will never see again!!!!!!

Now you are beginning to understand Alstrynomics and its ground breaking concept of Concentric Contraction...in the end we all depend on each other and as the many fail...eventually the entire system fails. 

Without Welfare....hundreds of billions of sales will simply evaporate overnight making a horrible jobs situation much much much worse.  People will be out on the streets since there will be few jobs to provide an income to sustain any kind of lifestyle.  And those that were dependent on walfare recipients to earn a living will likely lose their jobs as well as we proceed down this downward spiral of economic hell.

This is the key difference between Alstrynomics and Economics.....Alstrynomics is about being right....Economics is about telling you what you want to hear.

Pay attention to interest rates as few want to lend to those that can't pay back......if we proceed down this Zombulation gyration....it will not be much longer before we are all living in Zombie Nation.

Sometimes hearing the truth sucks!!!!!!!

Prepare!!!!  for RADICAL changes!!!!!  some may consider them ORANGE SWANS....as they will be changes we have never seen before.

10 Comments – Post Your Own

#1) On May 27, 2009 at 11:52 AM, millionby24 (< 20) wrote:

uh












wellfare makes an economy unproductive. There's no welfare in China, no wellfare in Japan, and no wellfare in Taiwan.





The United States had wellfare, we took advantage of that, sat on our asses, and became unproductive




See you at dow 9000

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#2) On May 27, 2009 at 11:57 AM, alstry (35.64) wrote:

The average income of the average Chinese person is a fraction of the average income of the average American person.......the average Japanese citizen has no debt and lives in a 400 -800 square foot dwelling......

many productive Chinese and Japenese earned a living because unproductive Americans bought a lot of stuff from them....

I guess one will end up going up or the other will end up going down.....

many will live in hope and die in despair.......PREPARE!!!!!!

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#3) On May 27, 2009 at 12:05 PM, millionby24 (< 20) wrote:

The average income of the average Chinese person is a fraction of the average income of the average American person.......the average Japanese citizen has no debt and lives in a 400 -800 square foot dwelling......



There cost of living is also a fraction



I guess one will end up going up or the other will end up going down.....




Are you that clueless??


we have millions and millions of wealthy Foreigners coming into America, buying our houses, our mortgages, and our debt?


The Obama administration knows what they are doing, they're masters at manupalation. Going against the government will make you broke










Naw, you don't needa prepare, just put all your money in the stock market


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#4) On May 27, 2009 at 12:09 PM, millionby24 (< 20) wrote:

This country will soon be the United States of China









So no, we won't be broke, we'll have more immigrants, more asians, more of a diverse culture after we come out of this economic downturn.





Quit thinkin the United States is it's own country and its own economy.


It's a world economy now buddy

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#5) On May 27, 2009 at 12:14 PM, alstry (35.64) wrote:

20.000,000 Chinese people were sent back to the farms last quarter......How many farmers do you think America needs???

My understanding with recent advancements in GPS technology.....fewer and fewer......

YUP....it certainly is a world economy

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#6) On May 27, 2009 at 12:46 PM, Varchild2008 (83.93) wrote:

The Chinese will build us brand new longer lasting GPS Sattellites after our GPS devices stop working in 2010 (if you believe a recent news article that came out last week about GPS sattellites expected to stop functioning next year).

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#7) On May 27, 2009 at 1:07 PM, millionby24 (< 20) wrote:

#5


have u been to china retarD~?

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#8) On May 27, 2009 at 1:17 PM, alstry (35.64) wrote:

#7....Remember...Alstrynomics is all about being right......

We think that almost 2,000,000 lost jobs in the last three months in the US is a catastrophe. China lost a reported 20,000,000 jobs in the last quarter, and migrant workers came back to the cities after Chinese New Year to find factories and jobs simply gone. Unemployment is rising rapidly in Europe, as the demand for goods has clearly been falling since last October.

http://www.marketoracle.co.uk/Article8892.html

That is a lot of farmers...don't you think??????

It is difficult to be productive if you don't have anyone to sell your goods........

World Trade is collapsing everywhere.....Ichee, Nee, Sah........Sionara.....whoops...wrong country but same issues.

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#9) On May 27, 2009 at 1:33 PM, StraitJacketECO (< 20) wrote:

Guys Econ 201 supply and demand and international trade. Less Purchasing overall means more job loss. More Job loss means less purchasing. Equates to reduced tax base.

China is purchasing T-Bill's because of the lucrative trade imbalance they have with us. They use there surplus trade dollars to make to purchase T-Bill's and that generate massive interest. Interest repayments to China turn into a systemic National indentured survetude of slave debt repayments for the USA that just get bigger and bigger. How do we repay interest... Through taxes. What happens the tax based is reduced (what is currently happening right now), China buys more treasury bill's so we can print more money to pay them back.

The only means to stimulate the economy is a sustained increase in demand for goods and services overall. That's right spend, I said it. Otherwise we are in for a decade of hard times. And you think France likes to riot, wait. For those of you that believe we are gluttonous spenders, you are right, its bad. To think we can correct spending habits and save our economy in the same breath, well the coffins in the back yard for you guys and feel free to blindly step in and nail it shut from the inside. 

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#10) On May 28, 2009 at 8:12 AM, wrparks (62.47) wrote:

Hate to say it, but this is Alstry's most lucid post ever.  Possibly due to the limited use of 3rd person.......

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