Wealth Distribution and Inheritance, What Will They Buy? Cars

Wealth Distribution is often discussed at length in periodicals such as American Demographics Magazine, much of this information does not hit the main stream media. A recent article on the huge transfer of wealth to the Baby Boomers, revealed some very interesting facts about such trends in the United State. The amount of money expected to transfer is an unbelievable. What may surprise you is that many of these wealth older generation folks have skip generation trusts and much of that money will end up in the hands of X'ers, while still a good portion will end up with the baby boomers. Actually both groups we have studied buy cars, SUVs, Boats, Light Aircraft, Houses and Pick-ups. Why does this excite me? Well personally it excites me a businessman because I see opportunity to serve the needs of the active aging.

So just how big is it estimated of transfers? So far they say; 41 trillion total. Well 25 trillion is to transfer to X'ers and Boomers and of that 7.2 Trillion to Boomers and the rest a whopping 17 trillion will go to non-profits and private foundations in excess of 6 trillion and the rest about 11 Trillion to go to the X'ers. The rest? Well how much will go to Uncle Sam?

Still worried about 1.8 Trillion estimated in Federal Debt? Not me. 42-25=17 Yes, we are talking 17 Trillion Dollars, so what if we spend a little in advance? This takes into account current market conditions and I expect after this shake up in our Stock Markets and even putting in Sir John Templeton's doom and gloom report this week (I have a lot of respect for Mr. Templeton), but disagree with his predictions. We will be seeing a DOW at 12,000 in five years, even if we have a huge bump in the Real Estate Market as many markets go thru a bubble scenario and a pull back in the stock market due to the jets idling in the economy and time to re-spool up the engines. But this economy is a little different than previously, in that these new engines are like the newer GE Engines on modern airlines or even combat aircraft, they return to full throttle much faster with the increased flow rate in electronic transactions we as consumer have become so accustomed too and as the markets and wire transfers in commerce have grown to expect. What will these people buy?

Well the government will be busy protecting our people and invest in R and D and security and better efficiencies meaning less burden on paper work shuffling or need for manual labor to do it. Downsizing will come as industry rekindled needs more labor cuts and expect another merger craze causing some additional job cuts along with government right sizing. There will also be a robotics revolution as well. Government will also be laying off to control its costs. Those who currently work for government will find the lucrative private sector much more inviting to accomplish their finish line during their pursuit of happiness for themselves and family and the kids, they will be going to college to upgrade skill sets, hopefully not to become lawyers. 17 Trillion is almost more than the government will need and it means that our incredible nation will remain the strongest in the world even after all the international terrorists are long dead or so beaten down they give up and realize that we really do know a better way, join the mainstream of politics.

This is the Boyd Theory of warfare, which unites with the SunTzu and Clauswitz with plenty of historical record. We will remain number one as long as we pay attention to money flows leaving the country and do not over burden the entrepreneurs with lawsuits or over regulation. Of course currently we are falling down in both those areas due to the ever increasing PC'ness of the national politic.

When will all this transfer of wealth take place? Well it is already starting now and will continue for about the next 46 years by my estimates. 4.6 decades of extra umph pushing us forward and that number is bound to increase both in reality and on paper provided we continue our present course and do not allow bureaucracy or over government regulation or socialism to destroy all we are and all we have built thus far. We know what kinds of cars, SUVs and Boats that the Boomers and Z'ers will most likely be buying. Some of the cars and SUVs will be foreign manufactured, it will be up to us to increase our domestic automobile marketability in such free markets to attain the lion share of the transfer of wealth, thus employing more people and flowing more money to more Americans. NAFTA demands 51% of all cars to be made in North America and this also will help Mexico and Canadian trading partners who will hopefully reciprocate.

The economy is a short-term issue during elections and it is a cycle of cycles all cumulatively affecting our long-term outlook for prosperity. Which even the doom and gloomers agree, how can they not, all indicators show positive things with only a few short term speed bumps along the way. The US Dollar and US Market is the place to be and hopefully we will have a properly controlled monetary and trade policy to see our future destiny thru?

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

---

Droughts, Dirty Water and Disease

When we go through periods of droughts we also have... Read More

Make Plastic Out of Corn

Here is an interesting thought; Corn to make Plastic An... Read More

Debt Relief and Reality Check

The United States and other first world nations have been... Read More

Ex-CIA Folks are Problematic

Those who are above the law or act as such... Read More

Spies in Seminaries - Stalin the CEO

The use of religion is well-documented as a social engineering... Read More

Free Markets, Wal-Mart, Over Regulation; What an interesting concept?

Unions are angry at the high salary of the executives... Read More

Protection of the Intellectual Property in Russia

A Governmental commission, headed personally by the Prime Minister has... Read More

Africa?s Prosperity Goals: A Cultural Perspective

Commission for Africa (CFA), one is made to understand is... Read More

Simple Middle East Peace Plan

I. WARS ARE BASIC CONFLICTS OVER LAND. II. BOUNDARIES. THE... Read More

Dont Trade Rights for Security

"Those who sacrifice essential liberty for temporary safety are not... Read More

Plastics In Our Nations Dumps and Landfills

Long Term Environmental Effect of Plastics, Composites and Other Materials... Read More

Dismal Performance of the NSA

The NSA failed the American people and allowed the attack... Read More

Howard Deans Big Fat Mouth

"The only time I open my mouth is when I... Read More

Anti Government, Pro Democracy

Many Americans feel betrayed by their government, our government. I... Read More

Question Authority

Policemen in many US cities are taking their new authority... Read More

Road Map Wont Work Cause PA Are Liars

The US-backed Road Map peace plan had no real chance... Read More

Free Trade, Outsourcing, Protectionism and Reality Check

Recently on C-SPAN, there were two gentlemen debating free trade... Read More

The Mother of All Political Battles Has Begun!

News is spreading of the retirement of Supreme Court Justice... Read More

The Power of Media: Russian Perspective

Journalism, as it is often said, is the 'fourth branch... Read More

Politicians Are Like Car Sales People

Well, another election has come and gone in the US... Read More

National ID Cards Have More Than Australians Concerned

Fearful that terrorists will next target Australia, Prime Minister John... Read More

Biz Op Marketing and the Federal Trade Commission

Many had made mention of the problems of business opportunities... Read More

Space Colonies a Primary Goal

Many folks who are pro-NASA and Pro-Space Colonies say that... Read More

Hypocrisy of Over Regulation

All to often law makers and regulators create rules and... Read More

Social Security Rant

As the Baby Boomer Generation continue to get older, one... Read More

Does Your Farm Stink? The EPA Wants to Find Out

Farmers will eventually be facing federal regulations involving air emissions... Read More

The Politics of American Public Education and Why Dramatic Progress Still Eludes Us

The current political efforts aimed at improving the American public... Read More

Monsanto Terminator Seeds

How do you feel about Terminator Seeds from Monsanto? I... Read More

The Pilgrims and Beacon Hill Mob

In 1966, Dr. Carroll Quigley, a professor of history at... Read More

Is The Bill Of Rights Necessary?

The Bill of Rights to our Constitution caused -- and... Read More

Peace in the Middle East

Peace in the Middle East - whoa that is a... Read More

The US Government; Under Sarbaines Oxley

Sarbaines Oxley was probably the easiest way to destroy free... Read More

Treasury Department Falls Short on Blocked Persons List

I would like to discuss the blocked persons list of... Read More