The Welfare Paradox.....Show me the MONEY!!!!!! Bye Bye Walmart?????
About 2/3 of the Federal Budget goes to paying government committments. Much of that goes to entitlements and welfare.
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.