Here’s a scary little number that recently surfaced. Government social spending and public sector jobs accounted for 26% of the U.S. personal income in April. That’s more than ONE QUARTER of all personal income generated in this great (but rapidly deteriorating) country of ours delivered in the form of a paycheck signed by your Uncle Sam.
That scares us more than a little. The Obama redistribution plan is underway and in full effect. Think about that for a second. 26% of all income in the United States for the month of April flowed through the hands of your federal government.
Would the Founding Fathers’ have an opinion on this?
Here at Empowered Investor Network, we were momentarily speechless and that doesn’t happen often. Our next thought was woe be unto the poor soul who plans on creating wealth through public assistance payments or a government job. We much prefer income property investing, since there’s a chance it might actually work. A very good chance, in fact, when you go about it the right way.
There’s no time to click on a website. Pick up the phone and call 714-820-4200 right now to talk to an expert investment counselor at no charge. They will help you find out how to get started investing in real estate the right way. It’s beginning to look like there may not be as much time as we though. How much government intervention can the economy stand before the wheels come off?
Flickr / orphanjones
