With the current economic crisis effecting everyone’s net worth, there never was a better time to take the mental fitness challenge. Orrin Woodward and the rest of the Policy Counsel have developed a source of information that can help you take measures to get your finances on solid ground. The message is clear, “work on becoming debt free, add an additional source of income (The LIFE Business) and teach others to do the same".
The current political policies are effecting the economy. Everyone is feeling the squeeze. Current policies stem from the concept known as social engineering or ‘Keynesian theories’. This philosophy has permeated the universities. They call themselves ‘progressives’. These highly trained experts think that they know what’s best for the population as opposed to the free market system that we have used for two hundred years. Their theories are currently being taught in the federally funded universities across our country. Here is a report of the current results that their theories have produced:
WASHINGTON — The recent economic crisis left the median U.S. family in 2010 with no more wealth than in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said Monday.
A hypothetical family richer than half the nation's families and poorer than the other half had a net worth of $77,300 in 2010, compared with $126,400 in 2007, the Fed said. The crash of housing prices directly accounted for three-quarters of the loss.
Families' income also continued to decline, a trend that predated the crisis but accelerated over the same period. Median family income fell to $45,800 in 2010 from $49,600 in 2007. All figures were adjusted for inflation.
Never before has it become more evident that we need to be responsible for our own finances and not rely on the policies that feed reliance on a system of entitlements. It’s a breath of fresh air when someone tells the truth about how we need to develop fiscal discipline. The truth is strong medicine. Violation of these truths have created the current “what’s in it for me” culture. We are not alone. What we do in the western civilization will influence global economics. The free market systems in the west have always led the world. Ludwig von Mises said, “A nation is more prosperous today the less it has tried to put obstacles in the way of the spirit of free enterprise and private initiative.”
Absence of leadership is always noticed. If that is the case today then the number one selling product on the market will be an affordable leadership based business. The ultimate product will be leaders. The Team business system of Power Player and the LIFE Business compensation plan provides information and a track record of proven results. The coming July leadership convention featuring Orrin Woodward and Oliver DeMille will be a great start to master the basic foundations that will minimize the effects of our current failed economic policies. God Bless, George Guzzardo
