%expand% Trickle-up economics %set(body,%html-clean({
Our economy is failing due to trade deficits. We're buying more than we're building.

It's one thing to buy components overseas, and then reassemble them and provide value - that's positive economic behavior. It's another thing if you buy Chinese-made disposable cameras and sell them in retail stores - providing no economic value at all.

Let's be more cautious in our tax-cuts and tax-incentives. We need to promote the sort of businesses that have high GDP/capita and highly profitable exports. Merely tax the industries that are focused on import and resale, the import of luxury products, and products that damage your health. Then we'll use the money for scientific research, education and leadership training.

Alas, trickle-down economics has no basis in reality, but rich men like the sound of it because it reminds them on peeing on the poor.
}))
   
Bracing against the wind  
www.documentroot.com  
Search this site:

View Archive

Free Blog Commenter & Counter

Memebot: Free Website Hosting

Americans for Approval Voting

2002 WTC Pics: Aug 12 Aug 16 Aug 30 Sep 11 Sep 23 Oct 24

Shop with Bitcoin At Amazon

Yvette's Weblog

All sites by me

Add to Google

RSS for this site

Lo! In the east against the blazing shadow of a rising sun, there come four men striding in unison, each step a journey, against the terrible winds.

[Powered by Blogger]

Thursday, October 30, 2003

Trickle-up economics
Posted 11:28 AM

Our economy is failing due to trade deficits. We're buying more than we're building.

It's one thing to buy components overseas, and then reassemble them and provide value - that's positive economic behavior. It's another thing if you buy Chinese-made disposable cameras and sell them in retail stores - providing no economic value at all.

Let's be more cautious in our tax-cuts and tax-incentives. We need to promote the sort of businesses that have high GDP/capita and highly profitable exports. Merely tax the industries that are focused on import and resale, the import of luxury products, and products that damage your health. Then we'll use the money for scientific research, education and leadership training.

Alas, trickle-down economics has no basis in reality, but rich men like the sound of it because it reminds them on peeing on the poor.

[View/Post Comments] [Digg] [Del.icio.us] [Stumble]

Home | Email me when this weblog updates: | View Archive

(C) 2002 Erik Aronesty/DocumentRoot.Com. Right to copy, without attribution, is given freely to anyone for any reason.

Listed on BlogShares | Bloghop: the best pretty good | Blogarama | Technorati | Blogwise