U.S. DEMOGRAPHICALLY DOOMED

You know all those millionaires and billionaires President Obama has said will have to have their taxes increased to balance the budget? I funny thing is happening. Since 2007, the numbers of mere millionaires in the country suddenly dropped by by 800,000. Even more inexplicably, 3,000,000 new millionaires suddenly appeared in other countries. 

It is estimated that over 6.5 million Americans are leaving or planning on leaving this country each year. According to a recent Zogby Research study, a massive and silent migration is under way: families are  leaving America at a rate of 742 per hour. The rich didn't get that way by being stupid. 


It's not just the super-rich who are moving on to greener pastures, many thousandaires are searching for ways to migrate to more favorable tax and legal climes. Regular, middle class Americans are becoming scared of the powers their government has assumed and the tax rate that it is threatening to impose to pay for its profligate spending supporting the 50% or more who pay no taxes at all. 


As illegal aliens are voting with their feet by moving unbidden in to the US, Americans of great to moderate means are quietly leaving. The total demographic results of this is to see America's wealthiest, best educated citizens tip-toeing quietly out of the country and being replaced  by poorer, less well-educated persons. This is a dire trend that will end in disaster for the U.S.