The Obama effect. Not sure whether the people who have pulled out of the economy either voluntarily or involuntarily will stay out. A year ago I thought that the US economy was so strong that it could withstand Obama and still be strong. Now I am not sure.
I can say, as a 59 year old who has gone Galt, I went from paying around $28,000 in taxes to receiving $30,000 in assorted government/public assistance and paying less than $2,000 in taxes (which I should get back when I file).
http://www.bizzyblog.com/2009/07/13/this-is-what-going-galt-and-obamas-induced-uncertainly-have-led-to/
Why work? And why would I ever work again? And there are millions of baby boomers like me.
Biden takes a wrong step
1 week ago
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