I dreamt last night that I was serving at a window as a tax collector. I saw that there were people waiting just to get in the long lines and reached out of the window beckoning them forward.
Others were then serving their windows, I was back a ways (remember dreams don’t make sense), and had to march up to serve mine. I chose to try to make it humorous by literally marching up, militarily erect, and saluting before making a sharp right face to get to my window, saluting again and shouting out: “God bless America!”
Then I apologized for the delay, pointing out that the sooner the government got its money, the better for the government, because it was less time for the value of the money to deflate. Someone said that was all right, that I was still faster than the government-supported Navy who had recently lost in a track meet to a private university. (Remember, it still was a dream – I was obviously a government employee collecting taxes.) Everyone including me laughed uproariously – until I realized the tragedy of it all and could not go back to sleep.
For LIVs (“low information voters”) who you might persuade to read this: the profligate government spending and Bernanke’s artificially holding down interest rates inevitably cause more and more inflation. And inflation means deflation of the value of all our dollars, because of the most obviously correct economic principle of supply and demand. The excess of dollars not spent as proof of an exchange for goods or services wanted by the public lowers the value of each individual dollar.
Never miss a local story.
As quoted near the front of GIAC.org, the quickest way to wreck a capitalistic economy is to devalue its currency. This closely accords with the Cloward-Piven strategy (LIVs: Google it).
Is the WPA or PWA for people otherwise out of work to truly replace or repair public infrastructure in disfavor because we are somehow denigrating the recipients? It seems to me this is fair, and more respectable as honest wages rather than as handouts.
Despite the inefficiency of government, good things can be done, not simply to pay off campaign donors. Former President Franklin Delano Roosevelt established rural electrification that was simply too unprofitable to be feasible for private industry.
If the use of e-mails has postal services less in demand and too costly, people should be laid off for other productive uses and costs cut. Buggy whip manufacturers had to go completely out of business when their product was no longer used.
A devalued currency reduces a country’s capability to provide for its own defense, let alone to support a truly democratic foreign revolutionary movement fighting for freedom from tyranny. This is true even if it only supplies weapons or such as unmanned drones without supporting a country’s own troops and their equipage. (As a separate matter, putting at risk the lives and limbs of Americans in endeavors not directly in defense of the home country is, at the least, questionable.) Contracting for the return of the dollars spent in support of such a movement from a winning revolutionary government is not unreasonable – freebies are frequently not appreciated
Inflation’s deflation of the dollar erodes the worth of people’s life-long savings and the true meaning of stock market advances. After raiding Social Security for years, the government should be shamed for further eroding payouts to recipients by suggesting even more ludicrous reductions in its so-called cost of living adjustments.
Republican plans make more good sense. They advance the age that Social Security benefits start and allow those 55 and under the option to invest half of their money otherwise taken out for Social Security in approved private securities rather than count on the continued solvency of Social Security’s meager payouts.
The writer lives in Surfside Beach.