How to Get Where We Want to Go

I do not believe that Don Boudreaux is correct in his Mosquito analysis, though I believe he is absolutely right about the increasing Costs of Oil Recovery. I bet the Reader thinks I am going to delve into a boring discussion about Oil, Oil prices, or Oil Recovery Costs. Wrong! I went clear off the deep end with flights of fancy, and conceived of burning the most abundant natural fuel existent–Seawater. It would take only electrolysis of raw Seawater to produce Hydrogen and Oxygen, and to concentrate the slurry for burning in a Hydrogen/Oxygen–fired furnace. Now, any Physicist will tell One that the Energy exchange between Hydrogen and Oxygen would be a zero-sum ratio, without gains or losses; but this is without examination of the BTU release from the burned Salts in the Seawater, most of which contain high levels of energy release under Oxidation through burning. It would simply require simple experimentation to find the highest Temperature burn level of concentrated slurry, the preparation of excess Oxygen by electrolysis, and a methodology to turn the excess Hydrogen into Helium or Water. The Reader must be glad I never finished my Engineering degree.

This Post again made my mosquito-infested blood boil. I knew that the Rich were getting along better than I was, and it is the ultimate defeat of the ‘Trickle-Down’ theory. The Reader who has difficulty understanding diffuse issues like myself will be warmed to know it is all about Wages staying ahead of the Curve of Inflation. The Later is an Average of Price increases in comparison to previous Prices, but that Average affects practically all who buy anything. Wage Increases, on the other hand, retain a very Personal nature, affecting each Worker differently. Those who face a empathic Management (best if you work for yourself) find little difficulty in staying ahead of the Curve of Inflation, but pity Those of Us who must confront a relentless Management quite willing to make a Profit off of Our misfortune; this type of Management are far too often among the Rich.

Andrew Samwick and the Treasury Dept. may believe that the American Public is unaware of the present dilemma of the Social Security Fund; though they need no further Papers to explain that these Programs are too Expensive under current Market conditions, and that additional revenues will be necessary to sustain the Expenditures. I personally would not further afflict the Business enterprise and Employees with greater taxes from Payroll. I seriously suggest the Solution must kill two birds with one stone. My Proposal is to introduce a high Carbon Tax, whose total revenues would be devoted to properly fund On-going Social programs, where Carbon Tax revenues will be immediately vetted back into the Production cycle, and the Payroll deductions will continue to build the long-run Social Security Trust Fund. Now to find ways to forestall Government from spending the Fund, and instead invest it through the Banking system. lgl