Skip to comments.The Problem With Supply Side Economics
Posted on 06/12/2011 6:20:17 PM PDT by billflax
Supply side economics invokes the most basic element of human nature: self-interest. We all seek to improve our material circumstances. The tinier the tax mans bite, the greater is our incentive to produce. As tax burdens lighten, motivation heightens, sparking a robust economy. Allowing producers to enjoy their hard earned gains is both just and effective.
Contrasted with demand side economics its a no-brainer. It is neither just nor effective to funnel public money to political favorites hoping they will spend lavishly and thus stimulate production. Paying people not to produce inspires little effort. Depriving producers of needed capital so it can instead be transferred according to political whim ridicules the very pretense of stimulus.
Even calling political waste investments merely makes the semantics more palatable to gullible voters. Rather than paying people to consume others wealth hoping this will rejuvenate production, it obviously works far better to let producers enjoy their gains. We will always direct our own resources better than will politicians or their bureaucratic henchman. Its not rocket science. Tax cuts incent production; profligate spending enables sloth and encourages corruption.
(Excerpt) Read more at blogs.forbes.com ...
‘The only fair way to do that is to implement a flat tax.’
Personaly, I would like to see a “Fair Tax” on all goods and services paid by the end user of goods and services with no exception. Why? Because every time I would buy an item the rate of tax would be staring me in the face. The difference is point of “view”. People get use to seeing the “bottom line” on a pay check. But when you go to buy an item(which could be several times a day)and the tax goes up 1% you would notice and get ticked off enough to end some elite politician’s dream of redistribution of money.
The website has adware/trackers/beacons which, besides making money for the blogger, also track you once you leave the website.
Some of them [most notably Google Friend] even “harvest” any private email addresses you may have on your machine that are linked to GMail accounts.
The others just snoop on you and keep track what your ‘surfing habits’ are.
[maybe some folks like being ‘watched’ by tracking companies but I don’t]
The cookies are deposited on your machine and can be ‘activated’ when you go to another site that has compatible trackers.
All in all, it’s not a happy thing.
The majority of ‘make money on the internet!’ bloggers couldn’t care less how badly your security is compromised.
They get paid for clicks, not clear consciences.
If you’re running Firefox, get the ABINE and Ghostery plug-ins and you can kill all the cookies and adware/tracker/beacons sites and set it so they can *never* access your computer again.
That’s why I get to be the canary in the coal mine.
I can go look at what’s lurking there and not be harmed by [most] of it.
I still “purge” the crap off my system, periodically, just in case the plug-ins missed it.
Terse but applicable.
I’m currently taking Cefuroxime for sinus pain.
I’m covered for cyber-cooties.
Yeah, and they’ve got lots of tracker/ad/cookie crap, too.
You’re exactly right.
I don’t know what kind of economics is being “tried” right now.
America-destructonomics? zer0nomics? obamanationomics? Dieinfidelonomics?
Whatever it is, it’s disgusting.
My comments were made in open forum. Please post any reply in the same manner.
In your private reply, you said I obviously didn’t read your column. You’re right.
I will not go offsite to give hits to a blogger who’s pimping his work on a site that I and my fellow FReepers are supporting specifically so that we have a clean and safe environment in which to read news and opinion.
You want to be read and understood? Post it here. You want to be perceived as a pimp? Keep doing what you’re doing now.
If you value your own integrity, you might want to check out what kind of adware/spyware is being foisted on your readers. I’m just one less on the hit (sucker) count.
Thanks for being the canary in the coal mine by listing all the junk on a lot of sites. :-) *hugs*