How DEEP Will Cuts in Government Services Go?
Plus: The check is STILL in the mail.
“Localities have chopped 535,000 positions since September 2008…”
USA Today (10/18)
Cuts in government services became conspicuous after the 2007-2009 financial crisis.
The first edition of Robert Prechter’s Conquer the Crash saw this coming, even though the book published nearly a decade ago:
“Don’t expect government services to remain at their current levels…The tax receipts that pay for roads, police and jails, fire departments, trash pickup, emergency (911) monitoring, water systems and so on will fall to such low levels that services will be restricted.” (p. 257)
Households throughout Massachusetts know exactly what Prechter is talking about. Continue reading
Rather than Reduce Unemployment Cap & Trade May Cause Unemployment to Skyrocket
by Jon Herring
Editor- In the following article John Herring explains how the current “Cap and Trade” bill might affect the Unemployment rate plus how you might benefit.
In 1964, Lyndon B. Johnson proposed legislation which became known as “The War on Poverty.” Five years later, Richard Nixon, introduced “The War on Drugs.”
And what do we have to show for these brilliant government initiatives, 40 years later? Not much, besides massive expansion of the welfare state and the costly incarceration of millions of people for victimless crimes. These two “wars” have done nothing to reduce poverty or curb the abuse of drugs.
But their effects are minor compared to the next “war” which our government is set to engage. And this is one in which you will be enlisted, whether you like it or not. I’m talking about the “War on Climate Change.” Continue reading
