WHAT WE NEED, above all else, nearly, is good old fashioned economic growth.oh, well, we need to save the planet from environmental destruction too,but we do need more people working more jobs, producing more material wealth, in the united states, and around the world. would economic growth occur if marijuana were legalized? legal or not, the stuff is being grown,
and sold, and the profits presumably reinvested in the regular economy. the only major difference legalization would bring is sales and income tax revenue, which, admittedly, is needed. bringing recreational drugs into the legal economy might create some job growth, mainly by creating more recreational drug use. That's all we need, right?
but at least the "wealth" generated would be primarily within the private sector, until tax time. The idea of staging a massive infrastructure rebuilding project seems tempting, because it would employ many people and ultimately it would save the economy by saving the infrastructure.
the problem with this is that the spending and hiring would be almost entirely public, government sponsored, and we much prefer economic growth within the private sector. Perhaps using the military to rebuild the infrastructure would save a tremendous amount of public money,
and still provide the benefit of healthy highways, bridges, power grids, and water sewer systems. Where are all the loan programs for start up businesses? Left entirely up to the private sector lending companies?
A universally low interest economy might help. Lending money freely and fluidly and easily at low interest can stimulate economic activity. every intelligent form of life in this galaxy mist be scratching their heads and wondering how in the heck any supposedly intelligent form of life
can fail so miserably to provide for all their basic needs. we should at this point consider the possibility that the extraterrestrials have not contacted because they only contact intelligent life forms.
No comments:
Post a Comment