Understanding Our Economy

UNDERSTANDING OUR ECONOMY

In a college industrial engineering class, we studied the Greek, Roman, Dutch, British and American empires and what their economies were built on. 

This pretty well sums up why the first 4 fell.  In a fairly pure free enterprise system, you work or starve.  Most get the message and start working.  When everybody works the country gets rich.  Not really too complicated.

I haven't checked this out myself, but it seems plausible.  If someone looks further, please let me know.

This does not even address the Biden cabinet.

These numbers help explain why the eight years prior to DJ Trump were disastrous for the USA. I read the last item and then looked at Trump's Cabinet. No wonder Washington, DC is in turmoil. Trump's picks are bosses who expect their employees to work. These are Eye Opening Numbers. This is what bothers a lot of people about Trump. He won't accept a can't do attitude, or inexperienced, incompetent performance. He will get results; it just might not be smooth or pretty.

Here are some amazing stats: Make sure you read to the bottom. An eye-opener!

1. These 10 States now have more people on welfare than they employ!

  • California
  • New Mexico
  • Mississippi
  • Alabama
  • Illinois
  • Kentucky
  • Ohio
  • New York
  • Maine
  • South Carolina 

2. Last month, the Senate Budget Committee reports that in fiscal year 2012, between food stamps, housing support, childcare, Medicaid and      other benefits, the average U.S. Household below the poverty line received $168.00 a day in government support. What's the problem with      that much support? Well, the average household income in America is just over $50,000, which averages out to $137.13 a day.

    To put it another way, being on welfare now pays the equivalent of $30.00 an hour for 40-hour week, while the average job        pays $24.00 an hour.

3. Check the last set of statistics!!

    The percentage of each past president's cabinet who had worked in the private business sector prior to their appointment to the cabinet.

    You know what the private business sector is: A real-life business not a government job.

    Here are the percentages:

  • 38% T. Roosevelt
  • 40% Taft
  • 52% Wilson
  • 49% Harding
  • 48% Coolidge
  • 42% Hoover
  • 50% F. D. Roosevelt
  • 50% Truman
  • 57% Eisenhower
  • 30% Kennedy
  • 47% Johnson
  • 53% Nixon
  • 42% Ford
  • 32% Carter
  • 56% Reagan
  • 51% GH Bush
  • 39% Clinton
  • 55% GW Bush
  • 8% Obama  
  • 90% Trump

This helps explain the bias, if not the incompetence, of the Obama administration: ONLY 8% of them had ever worked in private business!

That's right! Only eight percent - the least, by far, of the last 19 presidents! And these people tried to tell our corporations how to run their businesses?

How could Obama, president of a major nation and society, the one with the most successful economic system in world history, stand and talk about business when he's never worked for one??  Or about jobs when he has never really had one? And, when it's the same for 92% of his senior staff and closest advisers? They spent most of their time in academia, government, and/or non-profit jobs or as "community organizers." 

Do not have information for the Biden administration.

You might want to pass this on, because we'll NEVER see these facts in the mainstream media, or from the alphabet networks

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Today is the first day of the rest of your life!  Live it to the fullest!


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