I'm doing a scholarship paper, the topic: "how to keep america bountiful" Corny as most scholarship topics are, it still sounded like something I can do. But wait a sec, how the hell do I write something on preserving America's "bountifulness"? currently, stepping up security from economy-crippling terrorism is the best thing I can think of, and being in Model UN, I can think up some good political-sounding ways to implement that. But does anyone have any better ideas? And in all fairness, to those seeking this scholarship, I found it through fastweb. Please Register or Log in to view the hidden image!
the economy in US is horrible, and NY oh man. old people are reliying on money they "will" be getting from the goverment after they are like 65. All they are going to get is the middel finger. NY is in debth. it ows so much money, its scary. eventually they are going to cut the amout they pay to the old people, they already cut everything else. no one has a clue what our taxes are spend on. remmeber when the economy was good and we had tables, not only chairs (broken chairs).
... In a capitalist society, the objective is the maximization of capital. Capital is either liquid (ie money, not gold) or in an invested form... where supposedly it is making liquid capital. The US currently generates more capital per person then any other major nation on earth. The only nations that produce more are either small tax shelter countries that billionaires immigrate to or places that are extremely oil rich. So the US is pretty well endowed from this respect. As to how to maintain it. I think the former CEO of citi bank said it best "Money goes where it is wanted and stays where it is well treated." That is to say, you should try to expand your capital base and respect it the process that keeps it healthy. Farming has not been a stable of the US economy for nearly a hundred years. We transitioned into the bulk of our labor force into manufacturing. However, manufacturing has been declining in profitability for well over a generation. As such, our labor force is moving off into what is called an 'information' economy. We dominated farming by having the most arable land of any nation. We dominated manufacturing by having the largest and most innovative industrial economy. To dominate the information economy, we must be better and bigger then anyone else. We must be the trendsetters with innovation and the trend keepers with our size. How do you do that? Feed that new industry. Give it everything it needs and don't hinder it's growth. These businesses will employ the bulk of our labor force until it is marginalized and we transition into something new. This is of course assuming a capitalist society... which we currently are but there are different dirrections we can go into. Either scrapping it and going to a less developed socialist economy or perhaps changing to the next evolution of what capitalism might become post information age. Love and peace, karmashock.
We don't know yet... But the capitalist system has evolved greatly over the last hundred years. We know much more about economics and what is imporant for long term health. I'm not talking about socialism... that's a different system all together. Anyway, at this rate of growth in our understanding, we must at some point create a system that is at least so much more sophisticated that it deserves another name. It will be a society however, where information the services of the information age are no longer the prime driving force of the economy. The labor pool being diverted into something else... I don't know what else... could the industrial age have predicted the information age?... or the farmers forsee the industrial revolution? The nature of these things is that you don't see them until they've already started.
In 1850, Frederick Bastiat told what must be done. Tragically, popular opinion was headed the other way and the world had to endure over a century of more and more central planning--planning which resulted in Russia, Germany, Italy and China adopting totalitarianism as a logical progression. From Bastiat's The Law "Away with the whims of governmental administrators, their socialized projects, their centralization, their tariffs, their government schools, their state religions, their free credit, their bank monopolies, their regulations, their restrictions, their equalization by taxation, and their pious moralizations! And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works."
Here is one way ! The free market society is a delibearte imbalance in the spread of wealth between rich and poor . To keep America bountiful money must flow freely through the economy , through as many peoples hands as possible , this free flow of money creates consumer demand . The freemarket is a system of imprisoned money due to debt such as mortgatges , car loans and private financing with private banks , all cash movements are controlled by the financial segment . Banks are able to do this because 99% of the wealth is controlled by 1% of the population , in other words the money is all tied up and controlled a fair distribution of wealth in American society can easily be achieved by a graduated tax system accorded to your earning potential , that way ensuring people from all classes are not unfairly lumbered with an unfair tax burden . This fair tax system would give millions of low income earners extra cash with which to spend on consumer items creating a benficial on flow of greater production and jobs . No one should pay more than 20% of their income on rent this also would release more money to be spent within the economy . Money is like manure , spread around and it does good , but pile it up in a heap it sits their and stinks . Robert J Gould
