So, I'd like to ask you a simple question: do you trust our government in the United States?
I'm laughing as well if you completely trust our government and believe that they are doing everything possible to protect the interests of us, the American citizens.
Why do I want you to leave a comment now if you don't fully trust our US government?
I'd like you to give this post a thumbs up so we can see how many people don't trust our government.
Personally, I do not trust our government, and I suspect that many of you do as well.
And then just taking a look at what we're going to discuss in this post.
Between 1971 and 2016, the middle class shrank from 61 percent of the population to 52 percent of the population.
and the last six years haven't been kind to the middle class either.
I began researching why it hasn't grown, but more importantly, why it has been on a downward spiral for the last few decades, and honestly, a lot of it has to do with what our government has done in the past and how it has turned our middle class into a bit of an economic punching bag.
I hope you enjoy pain. The saddest part of all of this is what our government, particularly the current administration, is doing right now to exacerbate the problem.
That is why, in this , we will discuss three ways in which our government is currently sabotaging the middle class in 2022, and potentially more in the future.
So, without further ado, let's get right to the point.
Inflation is number one.
We all know that inflation is one of the primary means by which the US government will increase its spending and budget without taxing hardworking Americans.
Because, well, why tax someone when you can simply print more money and devalue the currency, and unfortunately, inflation is at a 40-year high under the Biden administration, at 7.5 percent.
We'll track you down and make you pay, but let's be clear about one thing.
Inflation hurts the middle class more than anyone else in the United States because, well, a lot of middle-class families typically have a little bit of savings with the hope of creating generational wealth to have a steady retirement.
However, in a high-inflationary market, those savings are frequently wiped out.
At this point, I'm sure many of you are thinking, but, we're already in a very high inflationary market.
While that may be true, it appears that things can get a lot worse, and it has a lot to do with who is currently in office.
Now, I want to be clear that this is not a political statement because, whether a president was Republican or Democrat, there is one thing that every single president in the past has absolutely loved, and that is inflation, my friends.
because think about it Inflation tends to temporarily boost an economy, but it also creates a situation in which all that nest has to be cleaned up much later, and well, typically much later means when a president of the opposing party is in office.
Throughout history, some presidents have been so enamored with inflation that they are willing to send millions of Americans to war.
Russia and Ukraine
Why wouldn't we go to war, and it just so happens that there's a little bit of tension going on right now between Russia and Ukraine, with many speculating that it'll lead to World War Three.
As a result of everything we've discussed, I believe it's almost inevitable that we will become involved in what's going on on the other side of the world.
Of course, this isn't new; in fact, a lot of research shows that George W. Bush did the exact same thing with the United States' war in Iraq because, while war causes inflation, inflation props up the economy and makes him look like a hero at the end of the day.
It's history and human nature, and unfortunately, it's one of the major ways the government has sabotaged the middle class, and it looks like they're going to do it all over again.
This is the worst day of my life, and it's the worst day of your life so far, which leads us to point number two, which is the growing lack of financial literacy education in public schools.
So, tell me, do you think the average 16-year-old today knows more or less about financial literacy than the average 16-year-old 20 years ago?
Yes, sir, studies show that millennials and Gen Z have a significantly lower base of knowledge and financial literacy than previous generations.
According to a study conducted by the finra investor education foundation from 2009 to 2018, Americans aged 18 to 34 saw a steep decline in the results of a survey that asked the most common questions about investing and financial literacy, and the study also revealed that the trend appears to be worsening over time.
It appears that each new generation knows less about financial literacy than the one before them.
And well, to me and a lot of other people, that's a pretty scary thought. With that said, at the end of the day, I personally believe that our government purposefully does not want us, the American people, to be financially literate.
because there is no other way for them to make money off of us than through banking system through taxation and inflation, which we discussed earlier.
If Americans knew how to pay off their mortgage in a third of the time by using the heloc strategy, the central banking system would not be as big a business.
According to the cnbc, the average American will pay approximately 145 000 in mortgage interest over the course of their life.
However, that is the number if you only buy one house, and according to the census, the average American will move about 11.7 times in their lifetime.
Well, that number of 145 000 increases significantly, and we're only talking about a mortgage.
Knowledge about investing
I mean, if Americans knew and had a lot of knowledge about investing in an asset class like real estate, it would be a total game changer.
Not only from the standpoint of protecting themselves against something like inflation, but also from the standpoint of overall tax benefits.
It's no coincidence that things like financial literacy, investing, and tax planning are not taught at any level of public education, whether it's elementary school, middle school, high school, or even, to a certain extent, college.
Because if they were, the third and final point of our posting would most likely not happen as easily.
My friends, there is a topic that this blog is all too familiar with, and that is the great reset.
If you want to talk about how the US government is currently sabotaging the middle class, what better way to do it than with the great reset.
Because, of course, the great reset is all about the vast majority of financial resources being centralized by the global elites, and overall it's a push towards systematic socialism, which can't happen if we, the masses, are educated on how to create a healthy financial structure.
Because, at the end of the day, the forces pushing for the great reset want us to be in debt.
They want us to struggle financially and to be in chaos because they believe that is the situation in which we believe we need them.
I can't think of a better way for the middle class to be sabotaged than for us to own nothing and be happy.
With that said, the question is, what can we do as Americans to combat what is happening right now?
As a result, I'm going to embed two postings in below.
One will show how my brother and I went from zero to eight million dollars in real estate in one year, and the other will show how you can pay off a mortgage in five to seven years.