From the
1950s to the 1970s, Big US business interests aligned with US employees. Voters felt that if candidates we ok for Big
Business, these candidates were ok with the voters. Lots of voter observations reinforced this
alliance and the US government enjoyed the peace and quiet. Voters noticed that local business leaders
would run for and serve in elective office and they handled the local issues
fairly well.
That’s
not to say that there wasn’t a load of unconstitutional treason being
perpetrated in the federal government during these years. Lots of destructive things were started
between the 1950s and the 1970s that would result in our eventual economic and
sovereign demise. We did notice that our
congressional politicians seemed to campaign as two different Parties, but they
governed like One Party.
There
were failures throughout the 1950s to 1970s, but employment only became a
problem in the late 1970s. There were Fed caused bubbles, interest rates went
up and down, Lyndon Johnson overspent on the war on poverty and the 10 year long
Vietnam war, prices doubled on everything in the 1970s and housewives went to
work, but wages went up with inflation.
The US had quality problems with its automobiles and gasoline prices
soared. Foreign imports got better
mileage and became more popular.
Ronald
Reagan was elected in 1980 and the congressional nonsense stopped for 8
years. Federal spending went up, but
Reagan’s lower tax rates and increased economic activity grew the US economy
enough to keep the National Debt low.
In the
1980s, we heard more noise coming from Big Business insisting on “diversity”
and touting the “global economy”, but all of us in business were increasing our
exports. International Standards started
to emerge requiring process mapping for ISO certification to qualify to export. By the 1990s, our Big companies were now
“global companies”. We saw our Big companies distance themselves from their
employees. US trade associations became
International. Political correctness ruled.
This
alliance break between employees and employers was obvious. Big companies aligned with big government
under the “global” tent. The US
management who let US industry get into trouble with higher than market wage
rates and unsustainable pension plans was replaced by managers who were ready
to break the social contract with employees.
Bribery
became the order of the day. Crony
companies aligned with government to capture their markets. CEO pay went through the roof. Campaign contributions went through the
roof. Our Big banks were allowed to
gamble with $300 trillion in derivatives with money that doesn’t exist. The federal government went rogue and
continues to attack citizens, seize their land and their cash and their bank
accounts and farms and ranches and businesses.
The US
government had already aligned itself with the UN, so US businesses, the US
Chamber of Commerce, the US government and the UN formed an alliance that
resulted in UN Agenda 21 in 1992, based on the “global warming” scam. Excessive immigration soaked up the dearth of
jobs left in the US and by 2014 US household income was down $6000 a year. We now have almost 100 million working-age US
citizens with no jobs. US Wages are
lower, so if we get unsustainable regulations off the table, manufacturing
could return to the US. When oil prices
rise, the US will get a break on our trade deficit. The global economy is in
decline. All Western countries are at
maximum debt levels.
The US
government has taken over the lending industry and provides student loans and
mortgages. US consumers spend $11.2
trillion a year. Total credit has soared to $57 trillion. US citizens are
living on credit, not earnings. This bubble will break when lenders realize
they will not be repaid. That would turn
the US into Venezuela, with no cash for groceries.
We need
to borrow less, spend less and restore the Private Economy in the US. We need
to get self-sustaining as individuals, families and as a nation. We should not spend on flaky government
schemes or fluff. We need freeze the National Debt and begin to repay principle
along with the interest. As citizens, we
need to focus on improving our national sustainability and determine if we can produce
our own goods and services without the big global businesses.
We failed
to make our elected officials obey the “laws of economics”. We let government
subsidies take over private sector industries away from the “Private Economy”
where buyers pay their own bills and keep prices determined by the
“market”. Government subsidies for
healthcare and education have pushed the prices for these industries way beyond
their actual value.
Norb
Leahy, Dunwoody GA Tea Party Leader
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