Thursday, July 6

Looking Into the Future

I doubt that Joe Biden will get re-elected because of his age and Kamala Harris as his VP is scary should something happen to him.  I also think that Donald Trump has worn out his welcome, even though his tactics created the best economy that we have ever seen...  too much water over the dam and too many indictments because of his ARROGANCE...  so, that leaves a Republican (other than Trump) becoming President.


Right away, we know that our WAR ON FOSSIL FUELS WILL END in the first day of office.

We also know that something drastic will be done to close our borders.

We can also assume that CHINA will no longer be dealt with like they were under Biden.

We can also assume that inflation, crime & violence, and a weaponized DOJ and FBI will be dealt with as well.

More than likely, efforts will be taken to curb government spending and to lower our national debt.

Because of China's claim to replace the USA as the global leader, our military will receive a boost as well.


Looking ahead...

1. Our national debt is our biggest enemy with which we must deal.  We must REDUCE spending if we are going to have a bright future for our children and grandchildren.

2. Social Security will never survive unless we raise the maximum retirement age and quite possibly reduce allotments by 10-20%.

CAVEATS: 

If we are to reduce allotments, then we MUST FORCE the workforce to create their own retirement accounts.  This training should be done in high school.

For example, if someone saved $2.50/day and at the end of the month put that money into a Mutual Fund, at the end of 40 years, they would have $500,000+/-.  They would be 58 years old...

Social Security would just be a back-up plat to supplement their own retirement account.

3.  Serious steps will need to be taken over the next 3-5 years dealing with employment as AI/ROBOTS are expected to replace 80% of the current jobs.

4.  If we are planning to commit ourselves 100% to green energy and electric vehicles, then we will need to substantially increase our energy grid as well as find ways to build EV cheaper so the average person can afford them.

CAVEATS:  

Currently, replacement batteries for EVs are $6,000-$10,000 and they only last 8-10 years.

Also, a fully charged battery will only take the EV 300+ miles which eliminate trips that are over 300 miles as the time to recharge is rather long.

Additionally, there are not enough charging stations to accommodate a large amount of EVs, so there will be lines of EVs waiting to charge.


If you haven't started yet, you need to seriously think about your future and the needs of you and your family and see if we are currently on the right track to meet your expectations.

Not doing this will have serious consequences.





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