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To: Oldeconomybuyer
I think we do have a decent economy for about 75% of America. That's made up of a lot of hard-working people that are earning and spending money. Nothing wrong with that. That's where all the growth is coming from.

But we have this 35% that's not working. About 33 million, or about 10% are retired, so we assume that they have saved enough and are living comfortably, and somewhat participating in the economy.

But then you have the non-working, non-retired 25% existing off the government's growing debt. They are not adding to the growth, as they are just surviving; not producing, and just barely consuming on the fringes.

Looking at the growth of the 75% may look good, but when it's all added together with the 25% anchor, we might very well be headed into a recession.

15 posted on 07/03/2014 1:55:04 PM PDT by Repealthe17thAmendment
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To: Repealthe17thAmendment

I ain’t a math......er’ real good at math...but some of dem figures don’t match up..at least I think.


29 posted on 07/03/2014 3:29:17 PM PDT by Osage Orange (I have strong feelings about gun control. If there's a gun around, I want to be controlling it.)
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