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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (103438)10/27/2013 12:15:01 AM
From: arun gera  Read Replies (3) | Respond to of 218390
 
>But it's factually much worse than it first appears because federal government workers will not vote to fire themselves either, just as the 17th Amendment (ed: The worst thing to ever happen to this country) isinviolate because The Senate will never vote to fire itself.

So we must in fact subtract 21,880,000 from the full-time worker count.>

Isn't the number of federal workers (including military) closer to 4 million rather than 22 million?

economix.blogs.nytimes.com

-Arun



To: TobagoJack who wrote (103438)10/27/2013 2:07:34 PM
From: vegetarian  Read Replies (1) | Respond to of 218390
 
"There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs, the Census Bureau said in data released this week. Meanwhile, according to the Census Bureau, there were 101,716,000 people who worked full-time year round in 2011. That included both private-sector and government workers. "

Karl D usually makes good points, however, the conclusions he draws from his article here would be true if the total US population were 101+108=209Million, however, it is close to 330Million so there are people in the population who would fall in neither category (full time employed or receiving govt assistance) who will be voting and unclear how mnay those are and which way they are inclined. His conclusion still could be right but not because of the supposed math he alludes to.

Another worrisome thing I am seeing is that some of the sites (Zerohedge, Karl's, Mish's) although they carry useful information/articles are getting more and more loud and shrill and also starting more advertisements (sometimes from same entities they blame in their articles). Specially, zerohedge while has useful information, is trying to make a big negative deal out of some small insignificant matters to justify their existence. My suspicion is in a few years they will capitulate and wither away just before the big one hits and people could use the information they provide, just a guess, way they are going. I agree more with your time frame that this will be a slow decay of more of same fixes for many more years to come before it becomes intractable and blows eventually