Saving Our Economy

My fetid brain | May 16, 2003 | Harpseal

[harpseal]

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[Feldkurat_Katz]

Hillaire Belloc made much the same point: that our system should be called proletarianist rather than capitallist

Very good point.

This is why Belloc and others advocated the revival of the Guild system, a syndicalist, distributist political economy in which industry would be controlled and regulated by guilds made up of small independent capitalists.

I would prefer a system where accumulation of capital by lower classes is encouraged - primarily via the tax code, by exempting low income taxpayers from taxes on dividends and capital gains as well as with a generous protection of property (a nationwide homestead & IRA exemption in a bankruptcy.)

[waterstraat]

NATIONAL REPUBLICAN PLATFORM, ADOPTED AT MINNEAPOLIS, MINN., JUNE 9, 1892 We reaffirm the American doctrine of protection. We maintain that the prosperous condition of our country is largely due to the wise revenue legislation of the Republican Congress. We believe that all articles which cannot be produced in the United States, except for luxuries, should be admitted free of duty, and that upon all imports coming into the United States coming into competition with the products of American labor there should be levied duties equal to the difference between wages abroad and at home.

[waterstraat]

Why dont you share your ideas with one of the presidential candidates? What you say sounds good to me. Long term, unless your ideas, or similar ones are adopted, the american economy and american jobs, will be history. outsourcing labor and manufacturing is not good. We cant keep a good economy unless we can generate jobs in the US and unless we can get all those companies who built factories in foreign countries, to move back here.

[harpseal]

My ideas are out there and have been forwarded to the White House and several Congressmen and Senators. I got the usual thaanx for sharing response but as yet have not heard of any real results. By posting/publishing on Free Republic I have a better chance of being read/heard by someone who may advance my ideas into the the minds of those with the ower to implement solutions.

[harpseal]

ower = power

[TexasKamaAina]

Believe me, if you started deporting foreign nurses, you'd see hospitals closing beds by the dozen

Plenty of nurses have left, and continue to leave, the profession for better paying jobs that require less skill and education than that of an RN. I can't give you statistics, but I know two personally.

[harpseal]

Like you I know of many nurses who have left that profession becuase of the relatively low pay and the horrendous working conditions. Further if there are good paying jobs available people will move to fill that void.

[A. Pole]

Bump

[harpseal]

Thanks

[Mini-14]

An IT worker willing to relocate has a good chance of landing a job. An IT worker wanting a job to come to him has no room to complain.

Not true. Last time I was laid off (in 2001) it took me 8 months to find a job, and this was when I was actively seeking employment at many areas of the country. I have a sterling resume, so you can't blame the long job search for lack of willingness to relocate, or inadequate qualifications.

[Centurion2000]

Good ideas ... but it's not going to happen. For some reason BOTH parties of this country refuse to acknowledge these issues.

[oceanview]

those "free markets" are for products, not labor. If a group of engineers in India want to get together and start a company to compete with Cisco and Oracle, let them have at it. Instead, we are sending Cisco and Oracle to India 100 engineers at a time.

[harpseal]

Eventually one of the parties will acknowledge these ideas or we shall become a Third world toilet that is enslaved to another nation.

[harpseal]

btt

[GOPJ]

Bump for later

[harpseal]

It is time for an addendum to this thread. As I have gone on other threads dealing with the economy I have been villified for suggesting that foreign aid and subsidies for our competitors in this field and other fields are an intrusion into the Free Market. I have been accused of being a socialist for advocating fee enterprise xones where there are no corporate federal taxes and business that locate in these zones agree that evry product that can be supplied in America will be bought in America. These zones would have also far lower levels of government regulation.

I have been accused of not understanding economics when I called for an end to subsidies of foreign governments and nationals.

People form India have accused me not wanting Free Markets when I have called for an end to their currency controls that prevent capital from flowing out of India.

I have determined that if someone thinks they are getting some financial benefit from the status quo all their priciples get thrown out the window. Ifd someone thinks they can gain a temporary financial benefit from the status quo any threat to that benefit get shot at with every vile word in the book. Was I surprised? No. It is merely a demonstration of people trying to defend their own interest in not changing the status quo when they are making a profit but the world is constantly changing and we as a nation must adapt or be left behind being left behind has consequences too horrendous to imagine given the worlds penchant for totalitarians.

This humble essay was but a start to propose some measures that will help keep the USA economically independent over the coming years. We need a population that is predomninantly middle class and we need a high level of technical expertise in all the fields from medicine, and the engineering disciplines to finance. We need tax policies that encourage industry within the USA. We need regulatory policies that encourage industry within the USA. Those institutions or persons who do not wish to see a strong American economy that produces goods and services are not pro-American and should feel the wrath of Americans. /rant

[harpseal]

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[harpseal]

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[harpseal]

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