Tuesday, May 6, 2014

The Extent of our Decline

Those of us old enough to remember the vibrant economy of the 1960s, 70s and 80s know the extent of our decline as a nation and an economy.

Even through those 3 decades, we were racked by inflation and government overspending and mismanagement, including government spending for unwise and unconstitutional government activities. 
In the 1960s, a new mid-priced car was $3,000, now it’s closer to $30,000.  College tuition was $2000 a year at a private university, now it’s $20,000 for a public university. Hospital Rooms were $50 a day, now they are easily $5,000 a day. Houses were $30,000, now a similar house is $300,000. A good family income in the 1960s was $12,000 a year, now it takes over $100,000 a year for that same standard of living.  Federal Reserve money printing has left us with a dollar that buys less than 10% of what it bought in the 1960s. The Federal Reserve has increased the money supply by 400% since 2008.  We can pay that off with 10% inflation for 40 years or 40% inflation for 10 years.  Take your pick.

Through those years, for most workers, wages kept up with inflation, but that is no longer the case. Bad Trade Agreements like NAFTA in the 1990s heralded an unprecedented move of manufacturing to other countries, decimating our economy and destroying our middle-class.  Unless we change our policies, we will continue to dissolve to a minimum wage economy with high immigration causing 40% unemployment..
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Our political system is now National Socialism (NAZI).  Our Government and our global banking and manufacturing companies are in collusion.  Our politicians receive Billions in campaign contributions to continue the betrayal of the American voter.
The spectrum of our politics is between the NAZI government and their crony companies and all Constitutional candidates and supporters.  Most of our hapless voters actually don’t know what they have lost and certainly don’t know how they can vote their way back to economic prosperity.

So, on the Left, we have the NAZI power block and on the Right we have the Constitutionalists. In between, we have the “pretenders”, those Republicans who say they are “conservatives”, but vote for unconstitutional powers and funding and those Democrats who deny they are communists, but have fully implemented the American Communist Party Goals written in 1920 and again re-published in 1963.

Norb Leahy, Dunwoody GA Tea Party Leader, ntlconsulting.blogspot.com

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