Too Many Pigs

ONE OF THE  great miracles of our modern civilization is our currency system, in which one can hand a piece of paper of plastic to a stranger and receive in return a bountiful batch of material wealth. We accomplish this because we all agree to participate in it. If enough of us refused to accept the currency system, it would collapse.

We'll have to save the currency system by cooperating. Too many pigs at the hog trough, according to abraham lincoln. Too much currency in circulation, and not enough material wealth, not enough goods and services for the currency to symbolize.

The united states decided to manufacture its wealth in other countries, using less expensive labor, and to import it, an arrangement which might cut costs for the corporations and retail prices, but vastly reduces the purchasing power of the workers in amerca to acquire this wealth.

Now we must all sacrifice. we must all accept less currency in our pockets, and more effort to produce the material wealth we all so covet.  Those who suggest large cuts to the american military are correct. Those who suggest reduction in entitlement payments are also correct.

Until 1970 the average tariff on imported goods in america was thirty one percent. Due to free trade agreements, it is now something around seven per cent, or even less. And this, according to economist ravi batra, in his book "The Pooring of America", is the source of the decline in the american standard of living.

In order to possess weath, one must manufacture wealth.