On The Economy

Zuckerman's column today in the Wall Street Journal exposes the administration's lies about the economy. The facts are the economy is in worse shape right now than at any time since the Great Depression of the 1930s and is gonna get worse before it gets better.

So, what's the answer to the problem? Zuckerman, to his credit did not recommend anything except to say if there is a second stimulus program...

"Something that might have a real multiplier effect, not a congressional wish list of pet programs. It is critical that the Obama administration not play politics with the issue. The time to get ready for a serious infrastructure program is now. It's a shame Washington didn't get it right the first time."

And I concur. I have written my opinions about economics on this bit of shit and wit many times but I will do it one more time...

Governments do not produce wealth...but they damn sure consume wealth. (but with the American government taking over so much of business I reckon this might change...but I still have my doubts that government can produce a gotdam thing except a lot of hot air and higher taxes for those that do produce.

ALL material wealth comes originally from the earth. Someone takes a raw product from the earth and improves it to the point that someone else wants it and will barter (what else is using a currency but bartering one product for another) for it. At each level of trade the seller generally makes a profit...thus creating wealth. It is the production of a sellable (spell check says sellable ain't a word...commie bastards) product that creates the wealth.

We have become a nation where the majority of jobs are in the service sector that produces nothing but consumes a lot. Lots of reasons for that and I am not knocking those who work in services...but a country that produces nothing and consumes a lot ain't gonna last long!

There is a way to fix the problem but I don't see it happening in my life time. In fact I don't see it happening until the economy hits rock bottom and a new government is established out of the resulting chaos of rock bottom. A new government that would reestablish the constitution as written...toss out all of the judicial decisions that set the precedents of the past 200 years and start over. Some amendments to the constitution will have to be rescinded...the 16th in particular which has given government the power to tax us and the power to tax not only gives government the power to control but the power to control totally. The Federal Reserve should be abolished and the currency based on something tangible instead of congressional hot air. Hell, I had rather see the currency based on lead ingots than see it the way it is now where the Fed can put as many dollars as they want into circulation....thus giving government all the dollars they want so they can buy reelection.

I am generally against tariffs...I believe in fair trade for the most part however there ain't a damn thing 'fair' about the current system. keeping in mind that ALL wealth is generated by producing something then people in the US of A should be encouraged to produce something. And the way to do this is to keep the playing field as level as possible...instead of taxing away the profits of the producers to raise government revenue why not put a tariff on imports that compete with American producers?

One other change that will have to be made requires what back in the latter part of the last century was called 'tough love'. It means simply that people will have to be left alone to deal with the life decisions that they have made and forced to accept the responsibility for these decisions. Want to quit school before you learn a skill that will obtain you a job? Fine...but when you get hungry don't come to the government for help. Want to have more kids than you can feed? Yeah...the government will feed them but not in your house and the government will also take all that you have in excess of your 2000 calories a day to feed those kids that ain't in your house no more. Yeah..that's tough love...but it forces people to think about their decisions before...and especially after they make them.

I gotta quit this...I didn't start out to write a fuckin' book...just to link the Zuckerman article and then got on a ranting roll. Seems the older I get the more I rant...heh just think if I live to be 100! Be smoke coming from the PC...be worse than sweetthing's debit card on socialable security check day.