Perhaps the simplest way to look at it is this: 55%-65% of our income goes to taxes and fees, we work 8.5 months of the year to pay for this insane mess. The consumer has then 3.5 months of income with circa 1970s wages to consume......
Ninety-nine percent of our “economists” today have it entirely ass backwards: They believe that the economy supports the consumer. In reality, it really is the other way around. Proof: You can put two or more consumers together and create an economy but remove the consumers from an economy and you are left with nothing.....
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