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.

Advertisements

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
This entry was posted in Socio- economics. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s