Monday, October 29, 2012

Economics Extended

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The reason I feel compelled to harp on economics is not because I want to lecture on your personal budget, but set in motion a thought and a scenario which has happened in history over and over again.

When we as a country move away from free enterprise, upon which this country was founded, we can move in two directions: to the right, or to the left.

We can move to the right of the political spectrum with less government and less taxes, less intrusion and fewer dictates. We could go further to the right until most of the laws of the land are removed. And even more to the right until all the laws to govern the people have disappeared and all government is gone. At that point, knowing the basic wickedness of humankind, we would wind up in anarchy and undoubtedly be suppressed by the most brutal force or person. Simply, some individual or a power will always find a way to viciously dominate.


We can also move to the left with more government, more laws and dictates to ever more squash and suppress the free enterprise system. This path is sly and deceptive. It first begins with taxation and redistribution. High taxation stifles the free spirit to take chances and get ahead, create self reliance and personal wealth. Taxation also funds welfare to tease and hook the idle. (By all means, I'm not talking about Social Security or other safety net funds.) By hook I mean masses will become dependent on government. We all know human nature, it is always nice to get free stuff.

The second part of this deceptive drift is the suppression of job creators by dictating rules, in the guise of a cleaner and greener environment. This decrease of jobs adds more folks to the unemployed and under-employed count, and you guessed it, more folks looking for help from the government. Then the progressives also add massive amounts of government jobs. To add even more folks on the take, they remove the requirement to prove recipients actually are looking to get a job. They make work disability benefits more easy to receive, and therefore add tens of millions more on the dole. The deception continues. Now add all these programs together and you have masses that will suckle from the government until the milk runs dry.

However, to the smiles of the Socialists, dependency translates into votes. When dependent people outnumber the ones that generate the wealth which pays the taxes, you have a Socialist in power. And with the dependency voters in the majority, who of them would elect a leader who promises to reduce the freebees?

The problem with this setup is that soon the supply of moneys taxed will not be enough to support the idle. So, the government has to do one or two things, print more money, or borrow it. Both are bad. Printing more money reduces the worth of it. It reduces the buying power of the money you have earned and or saved. It buys less, because inflation has eaten up its value.

The government then is also forced to borrow money to keep the piglets fed. This is more cost to the folks that pay taxes. (We all have heard of the $16,000,000,000,000 debt we now have) This debt, owned a lot by the Arabs and Chinese, amounts to around $50,000 for each person living in the USA. Including every baby, man, woman and senior citizen. (It also counts the ones who do not pay any income taxes. . . your share of the debt just doubled.) Just think, we have to pay this debt back! Most likely our children will suffer for that.

Reasonable people know this trend can not be sustained. In the end the government collapses. Riots and thievery takes to the streets. Chaos and anarchy looms. The Socialist is now relegated to clamp down and suppress. This is called Communism.

Communism is responsible for well over 100 million corpses in the last century. Starting with the Bolsheviks in 1917. The latest research claims that Mao Tse-Tung was responsible for over seventy million deaths, and Stalin alone may have killed 60 million people in the USSR alone.

Like I said, the pendulum of basic economics can swing either way. The country was founded on a careful balance of it being at the 6 o'clock mark. (After all, this is why there is hardly anyone in the world that would not want to come to this country.) The closer we can stay at that 6 o'clock point, the longer this country will last.


See previous posts with the American flag as the symbol.

Also, please consider down loading my novel RED SOLSTICE on Kindle, or go to my website fxbiii.com to purchase a hardcopy. The novel exposes totalitarianism during the post WWII era.





  

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