I was away on vacation so I haven't blogged for a while but then again my readership is zero so nobody was effected. I had lots of time sitting on the beach and thought of lots of different topics but I wanted to get this one idea out first. I believe that at some time in the near future we will see an exodus or emigration of people from the United States. We have always thought of the US as the ultimate place to live, and the desire of all humanity is to immigrate to this country. But I think we are going to reach a point where a certain segment of the population will find it more desirable to live outside the US.
We have already seen corporations leave in droves to other countries. The cost of labor is considerably less. The tax burden is much more favorable. The regulatory environment of the government is much less intrusive. It shouldn't be too much of a stretch to believe that if corporations can leave then so too will people.
Demographically speaking, it seems that the fiscally irresponsible dems will be in power for a long time. Having secured the black vote, the hispanic vote, the Jewish vote, the young voters, the union vote, the vote of all people whose livelihood is derived from all aspects of government the republicans have no shot. The dems will have no opposition and will continue with their desire to redistribute the wealth and penalize wealth building. They will completely destroy the entrepreneurial spirit in this country. This will encourage young people with a desire to take risks to move to a country where their upside is not limited and subsequently penalized.
With the debt of the nation rising to extraordinary levels the per person debt is expected to be in the hundreds of thousands of dollars. The easiest way to relieve oneself of that burden is to simply leave the country. But people will ask what of my social security that I worked so long for? I am not sure of the regulations of whether one can still collect social security while being an expatriate but considering this current spending spree I wouldn't count on any bucs left for social security. Especially if you have any other sources of retirement income. If you were cautious and saved and sacrificed to build up a nest egg you will likely not qualify for SS. However, if you were irresponsible and spent and never saved then you will likely qualify for SS. It will be another redistribution tactic, guaranteed.
Another reason that will encourage people to leave will be the burden of taxation that will befall those people that fall into the middle class and above. There is no doubt that to afford the current spending confiscatory taxes will have to be levied against all people who pay taxes. Since almost 50 percent of people do not pay taxes and have no skin in the game the burden to pay will unfairly be place on the top earners. The bottom 50 percent who pay nothing to the government but receive most of the services will continue to vote for the dems to continue taking money from the rich and giving it to the poor. The earners will leave out of frustration that they are not being represented in government, only paying the bills.
Finally, another force that will drive people out of this country is the risk of attacks from Islamic terrorists. I firmly believe that this will happen and the current administration is laying the foundation for this by eliminating those measures put in place to combat these plans. By eliminating Gitmo, giving up interrogation practices, and not being able to tap into certain phone calls to prevent attacks we are playing right into their hands. They are laughing at us in their caves prepping for their next attack. It's coming.
I often think of Jews in Europe in the 1920s and early 30s and how many of them saw and felt things. They saw the writing on the wall and what was to come but ignored that pit in their stomach. Those Jews that emigrated were saved. I think that we are again at an inflection point in the history of this nation. It is very difficult to act on this but I think the era of the US being the go to nation is over. The decision to make is where to go.
Thursday, April 30, 2009
Sunday, April 5, 2009
Government jobs
We were sitting around last week with a few friends and the daughter of one of our friends was in town. She is a college student at an ivy league institution and we inquired about her studies and aspirations. She proceeded to tell us her goal is to obtain a government job after she graduates. My immediate reaction was that this country must be in bad shape if graduates from our most esteemed institutions seek government employment as their goal. Of course, their are government jobs that are important and people who work for the government are to be admired but I always felt that by working for the government one is settling. My impression is a government job is for someone who cannot or does not want to compete in the private sector. They want the security of a job that is easily performed with minimal expectations and highly unlikely to be eliminated.
These impressions are not formed in a vacuum. I have spoken to several municipal employees who tell me that there are a tremendous number of meaningless jobs in government. One person can easily do the jobs of several employees. One municipal employee told me his sole job was to turn on and off the lights at the high school stadium. He would be upset those few days it snowed because he would have to help clear the snow on top of his already arduous workload. One only has to go to the MVA to see the number of employees sitting around doing next to nothing.
The sad part is that the taxpayer has to pay for this waste. Our real estate taxes have exploded and the local government does nothing to stem the growth of wasteful spending. Whats more upsetting is that the government employee, who is essentially working for us, the taxpayer, has better benefits than we do. He has more time off, better retirement benefits and his health insurance is much better. The municipality doesn't have an incentive to trim their budget, they just raise taxes to balance their budget and avoid any cuts. We the taxpayer have to endure painful cuts in our lifestyle due to the current economic crisis, but the public employee is protected and we have to pay for it.
Maybe my friends daughter is smarter than I think.
These impressions are not formed in a vacuum. I have spoken to several municipal employees who tell me that there are a tremendous number of meaningless jobs in government. One person can easily do the jobs of several employees. One municipal employee told me his sole job was to turn on and off the lights at the high school stadium. He would be upset those few days it snowed because he would have to help clear the snow on top of his already arduous workload. One only has to go to the MVA to see the number of employees sitting around doing next to nothing.
The sad part is that the taxpayer has to pay for this waste. Our real estate taxes have exploded and the local government does nothing to stem the growth of wasteful spending. Whats more upsetting is that the government employee, who is essentially working for us, the taxpayer, has better benefits than we do. He has more time off, better retirement benefits and his health insurance is much better. The municipality doesn't have an incentive to trim their budget, they just raise taxes to balance their budget and avoid any cuts. We the taxpayer have to endure painful cuts in our lifestyle due to the current economic crisis, but the public employee is protected and we have to pay for it.
Maybe my friends daughter is smarter than I think.
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