The Baby Boom Generation (of which I am a member) are people born between 1946-1966. Called such because after WWII American’s got busy getting busy. Baby Boomers are the largest age group demographic in the country. We have the most workers, make the highest wages, pay the highest taxes. Baby Boomers account for 90% of all taxes paid by the middle class – 90%. In a country where almost half of citizens pay no taxes at all, Boomers pick up the load. And now the bad news. Boomers start hitting retirement next year.
This country is fucked.
Under the current President, the federal budget has tripled Bush’s numbers, given to you this Democratic Congress and President Obama. We just spent a trillion-dollar stimulus bill that essentially created not one job. Obama’s own White House budgeting office now claims the national debt will rise to 13 TRILLION DOLLARS. By 2013 the debt could be 90% of our GDP. In other words if you make a hundred dollars a week you pay 90 for rent. Electricity, water, food, gas, car payments, insurance, clothing, medical bills, cable, all has to come out of the 10 bucks you have left. And what do this imbecile Obama do? He makes the hiring of Federal Employees a priority. For every federal employee that is hired there needs to be 16 private employee’s to pay for their salary and benefits. Does any of this make sense? And that is before taxes and cost of business even reflect the economic situation that is affecting private business today. What the hell is going to happen when beginning next year and every year after the biggest, most productive tax base of middle class workers starts retiring? Taco Bell employees do not pay enough taxes to support the Boomer retirement. You could take every penny of the millionaires and billionaires money and that would not pay he debt down after this fucking moron from Harvard. Everyday less money is coming into the government but they spend more. They just voted for Cap and Tax last night! I’m not one for conspiracies but I am beginning to wonder about one now.
I have a suggestion. Make sure you have gold to trade and enough bullets to protect what you have.
