Outsourcing America 3009
Phil Scott Phil, I'm a fairly regular contributor to ACC, so pardon my reply going to the other groups. You've articulated some of the thoughts *I* have been having over the...
bzzzzzzzzzzzzzztttt. I didnt write this.
Phil Scott wrote this:
The people have no clue... the US govt lies to them.. those at the very top of the US govt and foreign banks running the show know exactly what they are doing.. and understand these life cycle a nation issues 100% and use those to their own advantage.
not correct of course..as you know. the cause is a bloated US govt, its overt and hidden tax rates driving living costs and wages up in the US... primarily. Secondary caus is the lower living standard in India driving labor to desperation.
Got that right. The best years for our economy were from right after World War II to the mid-70s (about the time of the first oil embargo). Since then, we been screwed by...
Thats about right, not clearly stated but more or less correct. The rats are jumping ship right now however i dont think there is any concern what so ever for the welfare of the US people at the top levels.
We are grossly worse off now than were were 20 years ago, and the demographics are such that a recovery is precluded... we are at the end of Kondratiev's long cycle. Previous cycles were the 30 and 60 year depression cycles... after 5 of those comes the long cycle... driven by the same factors in all cases historically... decimation of the productive clbutt by an upper non productive clbutt (now including civil servants), a dirth of kiddies due to over taxation of the productive clbutt, then collapse of national production...debt... then loss of empire.
Phil Scott