Rampart Portfolio Partners LLC - MDEF Investing What This Will Do To DEMAND Jeffrey C. Borneman | May 20, 2014 We are consistently hearing that, as people fall off the unemployment dole, they become disabled. There is probably some truth to this, in that, after unsuccessfully searching for gainful employment for 99 weeks, you might lose your mind. The point is that DEMAND for goods and services must drop as people will continue the never-ending search to cut expenses. Disability is also a permanent condition (unless youre caught water skiing or mud wrestling) which means, we now how 11 million wards-of-the-State. So, like an uncomfortable mother, the government is merely allowing the masses to switch teats. By all means, lets pass amnesty ... Heres the money quote (full article follows): The number of Americans receiving disability benefits continues to exceed the populations of Greece, Tunisia and Portugal, and is approaching the population of Cuba, which according to the CIA World Factbook is 11,047,251.
Posted on: Tue, 20 May 2014 20:13:06 +0000
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