Inkwell Institute
Budget Deficit Series #4
Everyone in Washington is scrambling around trying to find the best way to lessen the deficit and work on a balanced budget…..I have been pointing out that there are a wealth of choices that NO one wants to talk about as a solution.
For years now I have tried to get more people interested in the concept of Land Value Taxation (LVT) and found an interesting article on the website, http://www.ied.info:
By paying land (resource) rents to ourselves (socially collected) a citizenry is quintuply repaid through those continually circulating social-credits building roads, railroads, water systems, sewer systems, and electric grids (any natural monopoly) as well as fund governments, provide education, health care and retirement.
- Infrastructure and populations, not capitalists, establish the use-value of land and resources and their rental values provide the social credits to fund all essential social services (the community social-credit-process).
- Restructure to the just described honest capitalism and taxes disappear as your employed working hours and resource consumption drops by half as all enjoy a quality, secure, life.
- This requires sharing the “productive” remaining jobs and equal pay for equally-productive labor.
- Each region of the world, each nation, each region of a nation, each state, each county, each community, and each entrepreneur must have equal rights to their share of both created and saved finance capital (created money and savings). With those rights, entrepreneurs (private industry) will fill every niche within the production-distribution process.
You can follow those flows of money and commerce within this efficient economy in your head. Both the community process operating those natural monopolies and efficient private industry producing consumer products and services are fully visible.
There are answers to the money problems that we are facing as far as a country….the problem is NO one is willing to offer hard answers to hard questions….eventually, Americans will have to do the tough things if the country is to survive…..right now the country is settling for feel good slogans that accomplish absolutely nothing….but as we are witnessing those things are not working….the “real” solutions are lacking and the Congress keeps talking……
There are other ways to lessen the budget deficit without totally screwing the American people………as I have said before it would take hard choices that few politicians are willing to make….
The simple fact is that politicians know that the voters they have been lying to for years now EXPECT them to fix all this painlessly. That simply isn’t possible, but the electorate has so believed all the bullshit they’ve been fed by politicians, the media and corporations that they are no longer capable of even spotting reality when it bites them in the ass (as it has now done), so they’re certainly never going to face up to it, are they?
The situation now is that politicians know full well that “telling it like it is” is just a recipe for disaster at the polls – and they have no idea what to do about that!
Nope they will not! I think that the Tea Party, well some of them, are the people that are beginning to see through the crap…..not those who claim the Tea Party….like the gun nuts, the sign totters, and such……they are just the lunatic fringe on the Right……
Some of the gun nuts and people like that DO have a point – I don’t think they are right, but at the core of what they claim, there is an element of important truth.
Of course you cannot entirely take the “minimalist” view of government they would like to do. They are often stuck at the end of the nineteenth century or earlier when Mat Dillon sorted out Dodge City with his trusty six-shooters (or whatever it was he did) and the world is a lot smaller, more interdependent place these days than these people want, or maybe dream of. America just cannot take that insular attitude and hope to do more than rapidly become a very poor third world state.
That said, though, the modern “all inclusive”, “don’t shoot your neighbour, let the police do it!” bureaucratic sort of set-up hasn’t done much for any of us either, has it?
Nope they have not……and this has me thinking of yet another in this series…..Damn! I need a hobby….LOL