While the honest working people were trying to live up to those adages and the American dream, our politicians were devising ways and means of "feathering their own nests" and accomplishing their own agendas. It was a perversion of our Republic of Laws in favor of buying off the Democrat majority with the largess bated trap of Socialism and taxing the working class into the minority.
So the politicians devised a means of governmental income with which to pay the price of their scheme. On Dec.23, 1913 the Federal Reserve Bank System was created in the United States. At that time a $20 dollar bill would buy as much as would cost $484.86 today. So, through the mismanagement of inflation, our U.S. currency has lost 98% of its buying power. What would have cost $1 then will cost $100 today. An increase in the cost of an item from $20 up to $40 is a 100% increase. An increase to $60 is a 200% increase. From $20 to $484.86 is a 2324.3% increase in the cost of that same item.
So what are you and I supposed to do about the decreasing value of the American people's paycheck?
Put a stop to our own and our government's waste of the labor, time, talents and young years which half of the American people gave of themselves and their lives for, which is then taken from them and given to people who refuse to work for their own upkeep. And that not because they are elderly or handicapped or sick, but because they are too fat, or lazy, or drug addicted, or wasteful to get a job. RB