Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Wealth Distribution and Inheritance, What Will They Buy? Cars > NetSparsh - Viral Content you Love & Share

Wealth Distribution and Inheritance, What Will They Buy? Cars

Wealth Distribution is often discussed at length in periodicals such as American Demographics Magazine, much of this information does not hit the main stream media. A recent article on the huge transfer of wealth to the Baby Boomers, revealed some very interesting facts about such trends in the United State. The amount of money expected to transfer is an unbelievable. What may surprise you is that many of these wealth older generation folks have skip generation trusts and much of that money will end up in the hands of X'ers, while still a good portion will end up with the baby boomers. Actually both groups we have studied buy cars, SUVs, Boats, Light Aircraft, Houses and Pick-ups. Why does this excite me? Well personally it excites me a businessman because I see opportunity to serve the needs of the active aging.

So just how big is it estimated of transfers? So far they say; 41 trillion total. Well 25 trillion is to transfer to X'ers and Boomers and of that 7.2 Trillion to Boomers and the rest a whopping 17 trillion will go to non-profits and private foundations in excess of 6 trillion and the rest about 11 Trillion to go to the X'ers. The rest? Well how much will go to Uncle Sam?

Still worried about 1.8 Trillion estimated in Federal Debt? Not me. 42-25=17 Yes, we are talking 17 Trillion Dollars, so what if we spend a little in advance? This takes into account current market conditions and I expect after this shake up in our Stock Markets and even putting in Sir John Templeton's doom and gloom report this week (I have a lot of respect for Mr. Templeton), but disagree with his predictions. We will be seeing a DOW at 12,000 in five years, even if we have a huge bump in the Real Estate Market as many markets go thru a bubble scenario and a pull back in the stock market due to the jets idling in the economy and time to re-spool up the engines. But this economy is a little different than previously, in that these new engines are like the newer GE Engines on modern airlines or even combat aircraft, they return to full throttle much faster with the increased flow rate in electronic transactions we as consumer have become so accustomed too and as the markets and wire transfers in commerce have grown to expect. What will these people buy?

Well the government will be busy protecting our people and invest in R and D and security and better efficiencies meaning less burden on paper work shuffling or need for manual labor to do it. Downsizing will come as industry rekindled needs more labor cuts and expect another merger craze causing some additional job cuts along with government right sizing. There will also be a robotics revolution as well. Government will also be laying off to control its costs. Those who currently work for government will find the lucrative private sector much more inviting to accomplish their finish line during their pursuit of happiness for themselves and family and the kids, they will be going to college to upgrade skill sets, hopefully not to become lawyers. 17 Trillion is almost more than the government will need and it means that our incredible nation will remain the strongest in the world even after all the international terrorists are long dead or so beaten down they give up and realize that we really do know a better way, join the mainstream of politics.

This is the Boyd Theory of warfare, which unites with the SunTzu and Clauswitz with plenty of historical record. We will remain number one as long as we pay attention to money flows leaving the country and do not over burden the entrepreneurs with lawsuits or over regulation. Of course currently we are falling down in both those areas due to the ever increasing PC'ness of the national politic.

When will all this transfer of wealth take place? Well it is already starting now and will continue for about the next 46 years by my estimates. 4.6 decades of extra umph pushing us forward and that number is bound to increase both in reality and on paper provided we continue our present course and do not allow bureaucracy or over government regulation or socialism to destroy all we are and all we have built thus far. We know what kinds of cars, SUVs and Boats that the Boomers and Z'ers will most likely be buying. Some of the cars and SUVs will be foreign manufactured, it will be up to us to increase our domestic automobile marketability in such free markets to attain the lion share of the transfer of wealth, thus employing more people and flowing more money to more Americans. NAFTA demands 51% of all cars to be made in North America and this also will help Mexico and Canadian trading partners who will hopefully reciprocate.

The economy is a short-term issue during elections and it is a cycle of cycles all cumulatively affecting our long-term outlook for prosperity. Which even the doom and gloomers agree, how can they not, all indicators show positive things with only a few short term speed bumps along the way. The US Dollar and US Market is the place to be and hopefully we will have a properly controlled monetary and trade policy to see our future destiny thru?

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Washington Post

The bottomless vulgarity of Trump's immigration politics
Washington Post
As two political scientists noted in The Post's Monkey Cage blog over the weekend, racial attitudes have increasingly influenced U.S. public opinion over the past three decades. “White racial resentment has remained remarkably stable over time. But ...
President Trump defends himself once again against racism claimsNBCNews.com
Trump: 'I am not a racist'CNN
Trump's shitholes and the semantics of politicsNews24

all 1,678 news articles »

USA TODAY

Ralph Northam pledges less toxic politics as Virginia's governor
USA TODAY
RICHMOND, Va. — Virginia's new governor, who rode a wave of voter unhappiness with President Trump to electoral victory, took his oath of office with a pledge to make politics less toxic and more productive. Speaking to a crowd gathered Saturday in ...

and more »

Washington Post

White racial resentment has been gaining political power for ...
Washington Post
With his crude comment last week about Haiti and Africa, President Trump once again put race front and center in U.S. politics — as he has been doing since he launched his campaign. The past two years have seen an increase in visible white-nationalist ...

and more »

NPR

In 'The Insult,' All Politics Is A Local Neighborhood Squabble : NPR
NPR
Ziad Doueiri's new Oscar-shortlisted film is about the religious and tribal divisions in contemporary Lebanon — and how a small altercation in Beirut can spiral out of control.

and more »

Maine Public

Politics in the Age of Twitter
Maine Public
We'll discuss the role of Twitter in current day politics and how it is changing political discourse and impacting social movements. Guests: Judith E. Rosenbaum, PhD, Assistant Professor, Department of Communication and Journalism, University of Maine ...


HuffPost

An 'African Gang Crisis' In Melbourne Is Roiling Australian Politics
HuffPost
An 'African Gang Crisis' In Melbourne Is Roiling Australian Politics. Federal politicians express outrage, but state government and police say the crime fears have been overblown. By Josh Butler. Jason Reed / Reuters. Government officials have said ...


NPR

Black Eyed Peas Trade Pop For Politics In Powerful Visual On American Racism
NPR
When you sell 40 million records and enjoy the kind of crossover appeal Black Eyed Peas have, it usually comes at the cost of street cred. But in "Street Livin'," a dark, haunting new visual, the hip-hop group trades pop success for political ...


Washington Examiner

Counting bombers: Passion for politics leads to military assistant job for Vicky Hartzler aide
Washington Examiner
Chrissi Lee: I'm from the D.C. area, just about 20 minutes outside of the city, so I've always been around this environment. Our local news was national news, and government was always my favorite subject in school. Civics in elementary school and ...


The Mercury News

Letter: We need a representative who'll reject partisan politics
The Mercury News
... the standard deduction is doubled and everyone will enjoy a lower marginal tax bracket making each dollar earned worth more. The AMT has been permanently fixed so that it impacts only the wealthiest as it was originally intended. Long overdue ...


CBS News

Empowerment, politics take center stage at NAACP Image Awards
CBS News
LOS ANGELES -- A jubilant Ava DuVernay was named entertainer of the year at an NAACP Image Awards ceremony that focused on the black community's power to create change. DuVernay lauded other black artists from the stage as she accepted her award Monday ...

and more »
Google News

How Bill Cosby got it Wrong

Bill Cosby got it wrong. His many speeches regarding the... Read More

Steel Import Tariff Taxes Hurt Industry, Not Help Them

US Steel prices have cost franchisees in my company and... Read More

RFID: Californias Identity Information Protection Act

Utah introduced a bill designed to limit the use of... Read More

Using a Meteor Shower as Decoy for ICBM Attack

In the event of that a threatening nation to the... Read More

Hillary Says Health Care Can Be Fixed with IT

The great leader and Senator from New York and wife... Read More

MORAL ARMORS Economic Warning for Americans

For years we've suffered under recession, prompting us to ask,... Read More

The Will To Fight for Islam

The more I study the dynamics of WWII the more... Read More

Dealing with Massive Prisoners of War

In the last Gulf War we saw thousands of enemy... Read More

Media Advertising: New Alcohol Advertising Codes - 1 October 2005

Businesses advertising alcohol either in TV or non-broadcast format need... Read More

China has the Answer to Environmental Dead Zones

Recently scientists have been watching the exponential growth of marine... Read More

OSHA is just more BS from the Blob of Bureaucracy

Is Ohio Manufacturing Sector really unable to compete in the... Read More

Using More Trees to Reduce Atmospheric CO2

As global warming continues to escalate the concerns of today's... Read More

China Finds Humans to Test Bird Flu Vaccine On, in Qinghai

China is serious about breaking into the bio-tech field and... Read More

Cloning; The Possibilities and Advantages of Thought Swapping

We can all see the issues involved in the cloning... Read More

6 Steps to Destroy the American Infidels

The United States has enemies, which call the country the... Read More

Fundamentalist: Fascist or Common-Sense?

Is the only way to fight Fundamentalist Extremists becoming one... Read More

Foreign Spies Troll Gay Bars in Washington DC for National Secrets

The use of homosexual men in the area of espionage... Read More

America Needs Election Reform to Ensure Congressional Honesty

America must implement a policy on Election Reform that is... Read More

Affirmative Inaction

One of Abraham Lincoln's claims to fame is the fact... Read More

Upcoming Palestinian Elections Might Put Extremists In Power

The Palestinian Fatah Movement is doing whatever it can to... Read More

Self Destruct Strategies in UAV Construction

All UAVs Need a Self Destruct BLOS DeviceWhat do you... Read More

Bush Victory: A Defeat for the Have-Nots?

The shouting is over and directions for the next four... Read More

Hitler - Bush

Hitler received a legacy from his Rothschild relations in Vienna... Read More

Public Sector Economies in Transition

In the previous article, we described the various methods developed... Read More

Adminstration of E-Business Taxation

The entry by telephone and cable companies into the Internet... Read More