Wednesday, January 6, 2016

How Long Will Confidence Hold?

News
Failure of debt at the municipal, state, and federal level, both foreign and domestic, a repeat of cyclical debt crisis plaguing modern society for thousands of years, finds little recognition from the public. As long as confidence in existing governments reigns, they will continue selling debt, raising taxes - reducing the total output of the private sector and standard of livings across all social classes to protect it. How long can that last? Confidence will hold until the majority, not the minority that reads Insights, realizes that change, a cyclical force driven by the invisible hand, is not limited to history books and lessons.

Headline: PA TURNPIKE WILL HAVE TOLLS INCREASED BY 6% THIS SUNDAY

If you were planning to go from New Jersey to Pennsylvania this weekend, you must keep in mind that the PA Turnpike will have tolls increased by 6% this Sunday. This raise will become common in the next few years as state officials plan to make this a yearly plan until 2044, with increases ranging from 3% to 6% annually.

Fortunately, the turnpike tolling plaza will become cashless after this 2nd of January’s midnight. After that point, a camera will snap a picture of your license plate and send the bill to your home. Hopefully, this will provide a constant flow in traffic, without any bustles at tolling points.


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