hat tip Dan Lynch
see also the Luther Gulick memo:
We supposedly NEED taxes to fund one policy, but not another? Bullshit! Please stop and think, what does "fiat" even mean?
For all nations, a key goal is to dynamically "right-size" currency supply for changing population size and context. Part of that right-sizing involves managing inflation. End of story. Change in population and/or public activity patterns dictates changes in required currency supply.
Why on Earth don't politicians know this? Simply because their corporate funding depends on them NOT knowing it? That sure seems like the only conclusion.
Meanwhile, yearly or long term changes in currency supply are incidental to yearly changes in population or Public Initiative, and as natural as changing your blood supply as you grow from infant to adult. Does the current generation of cells in your body have a "red-blood-cell" deficit that must be paid back to the succeeding generations of the cells produced and turning over during your lifetime? For both national currency supply & personal red-blood-cell supply, application of the word "deficit" is merely an unfortunate semantic trick that may sometimes snare the uninformed.
So either do away with FICA taxes completely, or impose CWICA Taxes to "fund" corporate welfare. Quit foisting outright lies on the US public. They deserve better, if you want a strong, dynamic nation.
For all nations, a key goal is to dynamically "right-size" currency supply for changing population size and context. Part of that right-sizing involves managing inflation. End of story. Change in population and/or public activity patterns dictates changes in required currency supply.
This is 3rd grade logic.
Why on Earth don't politicians know this? Simply because their corporate funding depends on them NOT knowing it? That sure seems like the only conclusion.
Meanwhile, yearly or long term changes in currency supply are incidental to yearly changes in population or Public Initiative, and as natural as changing your blood supply as you grow from infant to adult. Does the current generation of cells in your body have a "red-blood-cell" deficit that must be paid back to the succeeding generations of the cells produced and turning over during your lifetime? For both national currency supply & personal red-blood-cell supply, application of the word "deficit" is merely an unfortunate semantic trick that may sometimes snare the uninformed.
So either do away with FICA taxes completely, or impose CWICA Taxes to "fund" corporate welfare. Quit foisting outright lies on the US public. They deserve better, if you want a strong, dynamic nation.
Anything in between is just class warfare ... and failure "to make a more perfect union."
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