Tapsearch Com EditorPerpetual motion economy impossible
February 23rd 2009 18:12
Bizarre Politics Reports:
The key in restoring our cities is to make commerce dynamic in a people to people way
By Ray Tapajna, Editor and Artist at Tapart News and Art that talks in response to article in Cleveland Plain Dealer, top newspaper in Ohio, USA asking the reader what they would do with the $500 million dollars from sales taxes being used to fund a Medical-Mart Convention Center in Cleveland. ( Ray sent in his proposal several times about creating a Business to Business Mercantile Center operating daily in conjunction with a People to People commerce center at the Downtown Airport facility where everything is already in place including parking - see Restoring our cities The key to restoring all cities in the world is make people to people commerce dynamic.
Putting the Cart before the Horse
Putting the Cart before the horse economy will not work.
Federal Reserve Chairman Ben Bernanke told Congress that the best way to stimulate the economy is to buy "domestically produced goods" during the first stimulus package debate about a year ago.In Cleveland Ohio, the political leaders are still trying to put the cart before the horse to drive an economy. They added a sales tax to fund a medical-convention center. Note they did not tax the medical industry but chose to put a tax on commerce that pays workers who then pay taxes to fund projects like this. In essence, it acts as a tariff on commerce for the sake of a public project. $500 million - a half of billions dollars is the price tag.
It seems the public sector has forgotten what free enterprise is all about and that a horse is needed to pull the cart for an economy to prosper. The free enterpise system supports the public sector and it will never be the other way around. And in Cleveland, no one asked those who are paying the bill what would be the best way to build this medical center after they paid the extra toll on most things they purchased.
The free enterprise system is all about adding values in local, regional or balanced geopolitical settings. It is about local value added economies that can add value from the raw products levels up through several levels to the retail or end user level. A free enterprise system needs to be able to recyle the added values up and down the line. ( And it does not happened either when all the values are spread all over the world like it is now in a global economic arena. There is no such thing as perpetual motion, but political leaders keep trying to make it happen. The cart can not push the horse that drives an economy.
Imagine what would happen if $500 million were spent on building factories and inviting manufacturers to come in to the city
We fund construction of sports stadiums and arenas for entertainment purposes with taxes. The money comes from the free enterprise system to fund these projects and fund the entertainment at the expense of the free enterprise system.
The same applys to public projects like a medical-convention center. Something has to happen first and the medical industry itself is highly dependent on taxes. It is noteworthy that no one asks the medical industry for funds. This is proof positive, that everyone knows how the medical industry depends on a tax base to do their thing in the first place. They are not self-sufficient and do not produce values in any direct way. The values are a fallout with a negative balance no matter what and when and value is applied to any free enterprise system.
Fed Chairman Ben Bernanke says to shop for "domestically produced goods" as the best way to stimulate our economy. Just imagine if someone came into a city like Cleveland and asked for money to build a factory that produces the domestic goods. This would be putting the horse before the cart. (Tapart News and Art that Talks global and workers dignity issues at Chronical of events behind our economic crisis As a courtesy enjoy totally Free web services and much more.
Putting the Cart before the Horse
Putting the Cart before the horse economy will not work.
Federal Reserve Chairman Ben Bernanke told Congress that the best way to stimulate the economy is to buy "domestically produced goods" during the first stimulus package debate about a year ago.In Cleveland Ohio, the political leaders are still trying to put the cart before the horse to drive an economy. They added a sales tax to fund a medical-convention center. Note they did not tax the medical industry but chose to put a tax on commerce that pays workers who then pay taxes to fund projects like this. In essence, it acts as a tariff on commerce for the sake of a public project. $500 million - a half of billions dollars is the price tag.
It seems the public sector has forgotten what free enterprise is all about and that a horse is needed to pull the cart for an economy to prosper. The free enterpise system supports the public sector and it will never be the other way around. And in Cleveland, no one asked those who are paying the bill what would be the best way to build this medical center after they paid the extra toll on most things they purchased.
The free enterprise system is all about adding values in local, regional or balanced geopolitical settings. It is about local value added economies that can add value from the raw products levels up through several levels to the retail or end user level. A free enterprise system needs to be able to recyle the added values up and down the line. ( And it does not happened either when all the values are spread all over the world like it is now in a global economic arena. There is no such thing as perpetual motion, but political leaders keep trying to make it happen. The cart can not push the horse that drives an economy.
Imagine what would happen if $500 million were spent on building factories and inviting manufacturers to come in to the city
We fund construction of sports stadiums and arenas for entertainment purposes with taxes. The money comes from the free enterprise system to fund these projects and fund the entertainment at the expense of the free enterprise system.
The same applys to public projects like a medical-convention center. Something has to happen first and the medical industry itself is highly dependent on taxes. It is noteworthy that no one asks the medical industry for funds. This is proof positive, that everyone knows how the medical industry depends on a tax base to do their thing in the first place. They are not self-sufficient and do not produce values in any direct way. The values are a fallout with a negative balance no matter what and when and value is applied to any free enterprise system.
Fed Chairman Ben Bernanke says to shop for "domestically produced goods" as the best way to stimulate our economy. Just imagine if someone came into a city like Cleveland and asked for money to build a factory that produces the domestic goods. This would be putting the horse before the cart. (Tapart News and Art that Talks global and workers dignity issues at Chronical of events behind our economic crisis As a courtesy enjoy totally Free web services and much more.
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Individual states in the USA have paid out more than $3 billion dollars to foreign auto companies to build their assembly plants in the USA. When our state was outbid by another state to get Honda to build their plant in our state, our major news outlets counted it as a loss. ( The other state ended up paying about $160 million dollars with taxpayer funds to get Honda to come to their state. It created only 5000 jobs in assembly of parts coming from all over the world while about 20,000 auto parts workers lost their jobs in Indiana as a result. And they said it was all about creating a new economy. And our newspaper said this would have been a good thing for our state.
President Clinton rushed $20 billion dollars to Mexico to save the peso and their economy after pushing the passing of NAFTA trade agreement and got them more money through international money funds.
Clinton proclaimed prosperity but his prosperity was based on millions in the computer industry losing their jobs which caused the Y2k crisis. Alan Greenspan in his book The Age of Turbulence writes about the billions ( if not trillions ) of dollars that was poured into the economy to fix theY2k problems. It acted as an artificial stimulus package during the Clinton era. However, governments and companies spend money they did not have and it all backfired in the 2000s.
See Coming to America