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Chelsea, MA Gives $300/Month You’ll Eventually Pay For

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By MarinaGrigorivna @ Shutterstock.com

The Sunday Boston Globe explains that the town of Chelsea, MA, will begin testing a program giving about $300 a month in supplemental income to families of need.

A local billionaire is providing a chunk of the money (through her foundation thanks to the family’s online furniture business).

Is it guilt money?

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And what happens when she gets bored and moves to another crusade?

Because once the government starts giving money, it never stops.

The article points out it will be given with credit cards to avoid the stigma of government assistance. You and I know the end game is for the government to take over using taxpayer money. Here we have a billionaire putting herself at the head of the dinner table. She’ll get credit for helping people. You’ll get the bill.

Action Line: Move to a state where taxes are low, and the government isn’t looking to use your money to solve everyone else’s problems. In other words, look for a better America.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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