posted on Jun, 18 2013 @ 10:33 PM
If they really wanted to fix the economy, currency has to be made to flow. And this flow is necessary in order to drive the engines of demand for
goods which in turn drives the need for capital in producing those goods. However much of that flow is dammed up. (Or diverted outside of the economy
that actually drives the local market.) Sure some would argue there's a lot of fluidity in the market, "Where's this lack of flow?" they would
ask. But what is going on there is akin to passing a bucket back and forth in the reservoir upstream while downstream is very much in a drought. The
so called trickle-down that's hyped in the 1980's isn't happening.
Now if government wanted to, they could tap that reservoir of the upper class and distribute it to where it would get spent and get everything all
vibrant again. But unfortunately too many of them are up there and swimming in it like it's their own personal pool, while everyone else is flopping
around in the mud and wondering why we're being left high and dry.
Tax rates and tax brackets getting a big adjustment would do a heck of a lot more than printing more and more money that doesn't go anywhere useful.
They might have to look back to rates and ratios of the 1950s to get an idea of what pushes an economy forward with any momentum. Whether or not they
want to do it is another thing.
But "Oh noes! Stuff like that is commie talk!" No it isn't, such is not asking to take it all away - and those with wealth would still be on top of
the food chain. Just not to the excessive and useless ratio that it was before. (Socializing costs on the bottom is also like expecting to get more
water for downstream by pumping it from the same spot, and not looking to getting it from where it actually is. And in that regard... Yey! Obamacare!)
Anyhow the rich need to quit getting their panties in a knot and whining about everyone else being lazy!
Short of a world war or something drastic of that nature, taking previously stratified funds and putting it into public works or research would likely
help the most. Stuff like that is what gets the most discretionary income to the most people which ensures the economic machine is well lubricated.
The way it is now, in all their striving for efficiency is actually running the bearings dry and grinding the machine to a halt if not breaking it in
the process. (Seriously though, the pursuit of productivity should not be implemented in a destructive manner.)
Now sure, my approach to economics isn't exactly considered couth, but give it to somebody who could translate it into Ivy League mumbo jumbo and
numbers and we might have something better to work with than whatever they're using now.