Tapsearch Com EditorEconomic Stimulus Package will not work
February 12th 2009 21:59
Bizarre Politics Reports:
President Obama's stimulus package will not work.
Subject Stimulus will not do much of anything by Ray Tapajna, Editor and Artist at Tapart News and Art that Talks - Mobile user friendly summary of articles
New economic stimulus package will not do the jobPresident Obama leaves out Free Trade impact on the economy. Only local value added economies work.
We need to get to the heart of the matter and nothing good will happened
until we do. The first question to ask is this: Who said we had to
compete like this with one another in a global economic arena? Has the
Free Market killed the Free Enterprise systems?
Actually, Federal Reserve Chairman Ben Bernanke did get to the heart of
the matter that he told Congress during the last stimulus package debate
in Congress, that the best way to stimulate the economy is to buy
"domestically produced goods". This points to the heart of the matter.
Free Trade has robbed us of many values and in the end we now have
tariffs put on work. The stimulus package also represent a reverse
tariff.
Free Trade has devoured the value of workers and labor which represented
a true tangible asset acting as a money standard. Paper money needs many
manipulations to add value to it and the only money standard propping it
up is the whole make up of our society. So when workers values are
deflated the whole of society's value is radically devalued. The housing
crisis was not based on bad loans but was all about the most massive
dislocation of jobs in U.S. history. It is really about job losses,
unemployment and underemployment.
It is nonsense to build an economy based on making money on money
instead of making things because it leaves out a very important part -
the value of workers and labor.
Free Trade has created a vast new working poor class and a hidden
underclass grew in proportion to it. Hurricane Katrina exposed a vast
underclass living in a silent depression which apparently represented
our entire country. We ignored it and put it aside. Now it has come back
to haunt us.
The vast working poor class is not able to keep up and are finding it
difficult to afford even the cheaper imports from abroad. This inturn
hits other economies hard because Free Trade was driven by the power of
the U.S. consumers. They are no longer are able to support the process.
Yet, President Obama and the Republicans keep silent about the real
situation and just keep playing a false monopoly game to nowhere.
Any extra money spent at retail, just like in the last stimulus package,
will fan out to the places where the products are made and will not stay
in this country to grow our economy. Only local value added economies
work where value is added from raw product up through several levels to
retail and then recycles back down again.
We need to make the things we use and grow the things we eat ourselves
to add value in our geopolitical setting where the value of labor and
workers needs to grow in value too.
Adam Smith held labor and workers as something sacred and the core of
society. The Free Traders leave this part out when they use Adam Smith
to defend their concepts.
Until we are able to buy "domestically produced goods" again, we need to
create commerce as best we can at local levels. We should be thinking
about mercantile business to business centers in all of our cities and
couple it people to people commerce.
Also our tax codes are obsolete and need to stop the Payroll Tax that
acts as a flat tax on the working poor. We suggest Taps instead of Taxes
on all transactions at a very low rate and do away with all other taxes.
See Really Long Link Taps instead of Taxes
See: Rush Limbaugh could have saved the world
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