America’s dynamic solution to big government’s dead-end, debt-fueled social welfarism and stagnant economic growth: The Leviticus 25 Plan

Big government central planning:                                                                                      Middle Income Americans (share of U.S. Households) have been caught up in a long term declining trend.

Over a full 9-year period, Real (inflation-adjusted) Median Household Income growth has been ‘negative.’

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Decade of Negative Real Interest Rates: Who Benefited?                                              Mish Talk – Global Trend Analysis,  Nov 29, 2016  /  Excerpts:

Wealth Gap

Real (inflation-adjusted) Median Household Income is ‘off’ 0.6% since 2008.

medium-household-income-2016-11b

Doug Short notes: The reality illustrated here is that the real median household income series spent most of the first nine years of the 21st century struggling slightly below its purchasing power at the turn of the century. Real incomes (the blue line) hit an interim peak at a fractional 0.7% in early 2008, far below the nominal illusionary interim peak (as in money illusion) of 27.2% six months later and the latest at 42%, a record high. The real median household income is now at -0.6% from its turn-of-the-century level. In essence, the real recovery from the trough has been frustratingly slow.”

Who Benefited?

  • Bailed out banks
  • Government bodies via property tax hikes, income tax hikes, sales tax hikes and collection
  • Asset holders – The wealthy

The median guy lost. Those at the bottom end got clobbered much harder. Only the top 10% or so fared well.

The primary beneficiary of QE, negative real rates, and inflation was the top 1%.

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Note again:  The primary beneficiary of Central Bank policies over the past 9 years has been the top 1%.

America does not need government-inspired wealth redistribution schemes to rebalance income inequalities.

America should not, and cannot, continue to facilitate ongoing dead-end, debt-fueled social welfarism to care for the poor.

America needs a dynamic new economic acceleration plan that grants U.S. citizens the same access to liquidity that was granted to Wall Street’s privileged financial class during the great bailout bonanza of 2007-2010.

America’s dynamic new plan:

The Leviticus 25 Plan 2017 –  $75,000 per U.S. citizen                                                        The Leviticus 25 Plan 2017 (1831)

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