Will There Be a Civil War In America???
Pretty soon, the employed will no longer be mathematically able to support the unemployed. Our labor force is shrinking despite the fact our population is growing.......you gotta luv the way Benny the B presents the data to you.
Our cities, counties and states are simply running out of money......as their committments and obligations are skyrocketing...........we are nearing the point where if you taxed the working citizens 100% of their income, it would not be able to support government anywhere close to its current form.
You knew it would happen after 1.01.10.....it is now here as America is running out of money and shutting down.
Kansas Budget Deep In The Hole and Unemployment Insurance "Trust Fund" About To Run Dry
A need for Kansas to raise money to cover payments to unemployed workers has created a new problem for legislators and groups hoping to prevent budget cuts across state government by raising taxes.
The state expects its Unemployment Insurance Trust Fund to run out of money by mid-February and to borrow funds temporarily from the federal government to keep benefits flowing. Kansas law requires businesses to refill the fund, which triggered a $209 million increase in their payments for this year.
Meanwhile, Democratic Gov. Mark Parkinson and the Republican-controlled Legislature are wrestling with a projected budget shortfall of nearly $400 million for the fiscal year that begins July 1.
The unemployment fund isn't part of the state's general operating budget, but its problems are dampening enthusiasm for increasing taxes to close the gap. It's also bolstering the resolve of legislators and groups opposed to higher taxes.
KANSAS OF ALL PLACES?????? What about California, New York, Illinois, and Florida and Arizona and and and......................................................
It is a simple question that has never confronted America before.....what happens when the American citizens can no longer financially sustain the government as they know it and the promises its governments made to its own people and abroad????????????
Very interesting times indeed as many Fools focus on the ticker tape...........sorta like focusing on an EKG to treat a patient with Pancreatic Cancer.