An Argument for Taxation

Credit is the lynchpin of excessive consumption. Beginning in the 1930s, Government used the supply of money to manage economic growth & stability. Credit supply, contractual money futures, is controlled by Financial Houses, fuels discretionary spending and is a persistent vehicle for redistribution, consolidation and control of wealth.

The Financial collapse and subsequent deflationary panic for control of wealth, was an implosion of the bloated credit market. Unemployment was set, initially, by shrinking demand for nonessential spending, in response to the credit draught & will only decrease as investments in new, strategic markets emerge.

Investment spending via private sector visionaries might be an optimal solution, but when visionaries can’t see past short term profit and cash on hand, Government should reclaim control of horded liquidity through Taxation and fuel long term planned investment. Myopic fear reactive policies are not a path to a healthy economy or stable social climate.

About jackdetate

Married, 2 children, retired, enjoying unstructured time: "And then he drank a dew From a convenient grass, And then hopped sidewise to the wall To let a beetle pass." ~ Emily Dickinson
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