Ted Bauman Explains The Plight Of The American Middle Class

Ted Bauman has given excellent information regarding protecting wealth. Taxes on corporations and on the wealthy, are about to be decreased by the Trump/Ryan plan. An individual’s disposable income is reduced by taxes, and 15 to 25 percent of a middle-class household’s income goes to payroll and income taxes. According to an article by Matt Taibi written in 2008, powerful investment banks are vampires. The wealth of the middle class is being sucked up by the wealthiest households in the United States through credit markets. The process is mostly invisible, with health care being the exception. People are assuming the costs of medical care, education and housing reflect this demand.

Cheap credit in the United States is inflating the cost of education and housing. If these were funded by cash, the prices would decrease substantially. The economy of the United States is based on debt more than any other economy across the globe. The debt is due to the massive lending, and the lending is due to the debt, forming a circle. In the last thirty years, the wealthiest households have placed their money in consumer lending markets on sovereignsociety.com. This excess money has penetrated the entirety of the United States consumer markets. The amount of money loaned is causing consumers to raise the priced of goods because the supply has been fixed.

As the prices fueled by debt continue to rise, the flow of money for interest payments increases from the borrowers to the lenders. The funds must be used, so they go back into the lending markets according to talkmarkets.com. This causes more debt by creating more credit, the prices for borrowing increase, leading to even more borrowing. As the rates rise, disposable income decreases. This can derail any recovery in the future. The cycle of debt, lending and high interest from middle income Americans must stop. This would be like a tax cut but instead of enlarging the deficit, the prices for education and housing would decrease.

According to Ted Bauman, these issues are not discussed due to the individuals who will receive the largest tax cuts when the Trump/Ryan plan goes into effect. These are the same vampires who originally used interest to suck away the wealth of the middle class. Ted Bauman has written numerous articles since 2013 when he joined Banyan Hill Publishing. He serves as the editor for the Plan B Club, the Bauman Letter and the Alpha Stock Alert. His specialties include low-risk strategies for investments and asset protection. He lives with his family in Georgia.

Search more about Ted Bauman: https://www.crunchbase.com/person/ted-bauman