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

move in cleaning service Mundelein ..
In The News:

Quick iPhone and Android battery optimization techniques help your device stay powered all day by turning off hidden features that secretly drain power in the background.
Kodiak Driver autonomous truck achieves perfect 98 safety score, matching top human fleets in groundbreaking AI evaluation by Nauto's VERA system.
New 401k catch-up contribution rules in 2026 will change taxes for high earners over 50. Learn how scammers exploit these changes and protect your retirement savings.
Kurt Knutsson's guide covers social media privacy protection through location settings, account privacy controls and two-factor authentication to prevent scams and data breaches.
Revolutionary retinal implant restores central vision in 80% of patients with advanced macular degeneration, offering hope where treatments once only slowed blindness.
Learn how to use passkeys on Windows and Mac computers without cameras or fingerprint readers. Discover secure authentication methods that replace passwords.
Tesla's FSD v14.1.2 update reintroduces Mad Max mode, enabling higher speeds and more frequent lane changes than the standard Hurry profile setting.
A phishing email scam targeting American Express customers shows how cybercriminals use fake urgent messages to steal personal and financial information.
Facebook's new Meta AI feature analyzes your camera roll photos to create polished collages automatically, but requires cloud processing and raises privacy concerns.
A New Jersey teenager filed a major lawsuit against AI/Robotics Venture Strategy 3 Ltd. over ClothOff, an AI tool that created fake nude images from her social media photos.
Microsoft reports Storm-2657 cybercriminals sent phishing emails to 6,000 addresses at 25 universities to steal payroll credentials and redirect funds.
Astronomers have discovered asteroid 2025 SC79, a skyscraper-sized space rock orbiting the sun in just 128 days. the second-fastest known.
The Fox News AI Newsletter delivers the latest developments form the world of artificial intelligence, including the technology's challenges and opportunities.
A cyberattack on SimonMed Imaging exposed personal information of 1.2 million patients, including medical records, financial details and identity papers.
Spotify's managed accounts for kids under 13 now available in at least seven countries, allowing parents to filter and block explicit content and songs.
Friendly text conversations about BBQs and social events can lead to WEEX gold trading scams that target older adults with fake investment opportunities.
California company Skyeports creates self-healing glass spheres from Moon regolith that generate solar power and support plant growth for sustainable lunar living.
Cleafy researchers discover fake VPN streaming app Mobdro Pro that installs Klopatra banking Trojan, giving attackers full control over Android devices.
Police departments across the U.S. and Canada are adopting virtual reality training to better prepare officers for high-pressure, real-world situations.
House Bill 469 would prevent AI systems from owning property, serving as executives, or gaining legal personhood in Ohio under Representative Thaddeus Claggett's proposal.
Public voter records expose retirees' personal details to election scammers who create targeted cons using names, addresses, and voting history data.
Instead of fearing what comes next with artificial intelligence, think outside the box. Here are high-earning AI jobs that don't require a computer science degree.
OpenAI CEO Sam Altman says polite words like "please" and "thank you" cost millions annually, while direct prompts may improve ChatGPT accuracy by several points.
Chattee Chat and GiMe Chat exposed intimate conversations and photos, revealing users spent up to $18,000 on AI companions before the breach.
New Instagram parental controls allow families to manage teen screen time and content limits through the Family Center with stricter safety settings.

TABOR: The Growing Taxpayer Bill of Rights Movement and Economic Incentives for Industry

A governing.com report blast one of the major grassroots initiatives... Read More

Failure to Supervise at the Federal Trade Commission

Many MLM sales people mean well but they inadvertently commit... Read More

What Ordinary People Are Saying--Robertson Assassination Comment

What ordinary people are saying about U.S. televangelist Pat Robertson... Read More

Trucking and the Flow of Fuel

There are many types of fuels besides that gasoline we... Read More

Profiling Eco-terrorists

The FBI recently before Congress stated that Eco-Terrorism was on... Read More

Are We Serious About Fuel Alternatives?

As you can see from some of our previous articles,... Read More

Is This All There Is?

In today's Rants from Lance session I address the question... Read More

OPECs Swan Song?

Indonesia's Energy Minister, Purnomo Yusgiantoro, is unhappy with the modest... Read More

End Of History? Not Quite

A visitor to Moscow would be immediately struck by the... Read More

A Look Ahead to 2008 (Part II)

Last week, I began my look ahead to the 2008... Read More

Global Initiative of Electronic Commerce Taxation; Guiding Principles for Pakistan

1. United States of America (USA)In the United States, legislation... Read More

Carl Rove and the Case of Sour Grapes

The Carl Rove issue is definitely interesting and distracting. The... Read More

Smelter Closures In America Hurt Our Industrial Output

The United States is losing its industrial capacity quite rapidly.... Read More

The Transformation Of Political Science And The Rise In Crime Rates

The current field of political sciences is dominated by a... Read More

How Many Cases Will Elliot Spitzer Lose Now?

The devastating loss in case of Elliot Spitzer for NY... Read More

Politicians Are Like Car Sales People

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

A Component of Liberty is a Strong Social Contract with Governing Body

Recently I got to talking with a gentleman at a... Read More

Fuel Prices and Trucking; A Reality Check On What Drives America

It appears we are having a terrible situation with the... Read More

In Defense of the Feds Vs Katrina

I, too, am saddened by the disaster in New Orleans... Read More

Another Round of EU-Iran Talks Starts April 10 - Will Iran Be Referred To The UN Security Council?

Iran's objection to ratifying the International Atomic Energy Agency's Additional... Read More

George Bush and the Iraq War - Down on Downing Street

You, the reader, should be aware of my affluence of... Read More

Joseph Campbell - Permanent Human Values

At the start of the US involvement in WWII Joseph... Read More

Prison Abuses on Good Muslims

Well we have certainly been reading a lot about prison... Read More

Fraud From FTC Insiders, Who Can You Trust?

The FTC franchising division purports their law enforcement experience in... Read More

People Say ? and Do ? the Dumbest Things

When Pennsylvania Senator Arlen Spector exercised his right to free... Read More

insured cleaning company Highland Park ..