I’m not an economist by any stretch of the imagination, but I know that something isn’t right about our economy. We are losing are economic freedoms at an alarming rate and we are in the middle of a LeaderShift movement across North America as we discover the daily losses of those freedoms and the need for principle-based leadership in our country.
Almost six years ago I received a call about a leadership group that was expanding in my area. My wife and I joined and have been on a self-directed education ever since. Today, we call that self-directed education LIFE, and it was founded by Orrin and Laurie Woodward, Chris and Terry Brady, Tim and Amy Marks, George and Jill Guzzardo, Bill and Jackie Lewis, Claude and Lana Hamilton, and Dan and Lisa Hawkins.
I remember very distinctly seeing a graph titled “The 45 Year-Plan.” It visually described the age that people start making money, the “flat-line” of income that occurs during the average working career, how much less money a person makes during retirement, and the discrepancy between the cost of living increases and the average raises. At the time, I remember hearing that the cost of living was increasing 7-10% each year while our average raises were only going up 3% each year.
I was confused. During this same time, the government was reporting that the average raises were keeping up with the cost-of-living increases, cancelling any negative effects of inflation. It didn’t make sense to me personally as I learned that more and more families were living paycheck to paycheck and running out of money before they ran out of month.
Recently, I found an answer to my confusion.
Peter Schiff is a well-known economist who recently shed some light on the possibility that our government isn’t accurately reporting the cost-of-living, downplaying the actual increases and therefore trying to create a false sense of confidence and comfort.
Watch the video and then click on the link below his video to read Schiff’s commentary on this topic.
Click on Schiff’s commentary below to get more details to the problem.
I believe its time for the public to start a self-directed education so we can identify when something doesn’t sound right. As best-selling author Orrin Woodward describes his latest book LeaderShift as a vehicle:
“…to provide new thinking to an old problem, using the Five Laws of Decline…….[LeaderShift] isn’t just a book, but a movement to restore the freedoms lost over the last 100 years (read 1913 for more details).”
As my kids play sports, I tell them, “You need to play better than the referees bad calls.” In the case of our lives, we need to become better informed to make decisions, in case the referees of life (government, teachers, employers etc.) make the wrong decisions that affect us. Take control of your future and don’t leave it in the hands of someone else. Start your Life self-directed education today. Godspeed on your journey.