| Editor's Note: In today's rising interest rate environment, the search for higher-yielding assets is critical to your financial future. In the article below, our friend Marc Lichtenfeld, the Chief Income Strategist at The Oxford Club, reveals two stocks paying handsome dividends that can help you survive in the current environment. He also recently put together an ULTIMATE Dividend Package for you. It's completely FREE. Check it out by clicking here. Happy trading. - Ryan Fitzwater, Associate Publisher
Marc Lichtenfeld, Chief Income Strategist, The Oxford Club You know the expression "When the going gets tough, the government hands out free money"? No? Well, that should be the saying these days. The government has gotten into the ugly habit of handing out money to citizens anytime things get a bit unpleasant. When the Great Recession hit, the government sent out checks - including to people who didn't need them. When COVID-19 hit, we got checks from the government. In this case, it was initially a good idea, as the economy had suddenly been shut down, employers were no longer hiring and many needed the government money as a lifeline. However, the giveaway went on way too long. We all know people who decided to stay home, collect their government checks and watch Maury rather than get a job. I mean, I wanted to find out who the baby daddy was too, but I had responsibilities to take care of. One of the most recent government giveaways was proposed in California. Gov. Gavin Newsom wanted to send every Californian, regardless of their income level, two $400 debit cards to help offset the high price of gasoline. Newsom also proposed three months of free public transit. California's plan would have cost only $9 billion. No wonder it got axed. I'm all for encouraging the use of public transit. It lightens traffic on the roads and reduces gas consumption. But the idea of everyone receiving free money because gas prices are high reminds me of the participation trophies I had to give out to my daughter's soccer team. It's like no one can handle being uncomfortable anymore. I'm going to lose some friends here, but if high gas prices are squeezing you, maybe don't drive a gas-guzzling SUV. There are options out there that are more gas-efficient. There's something to be said for personal responsibility. The government's actions are inflationary. You can't just keep giving people money and not expect higher inflation. Perhaps more importantly, it gets people used to the idea that the government is always going to be there to bail them out when things get uncomfortable. That's not the government's job. | 
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