The New Government Model

I read this Post by Tyler Cowen, including following the links to Paul Krugman and Tyler within the Post. It brought me to contemplation of the old deadly Question of ‘What if.’ Their discussion of practices of arbitrage and Time stirred the fossils resident in my brain, and I considered the functional aspect of Time upon Our relative existence. I also conceded it might be more worthwhile to go out and have a Drink instead (I medically limited to some type of stimulant as Coffee or Iced Tea these days–another ridiculous Time element). Still, I convinced myself of the value of writing something on the relationship of arbitrage and Time. The folly and fallacy of Government intruded into my Thoughts at this Point, and has led me to an advocacy of Government revision.

I decided to follow sound principles of arbitrage, and propose a Constitutional amendment which would fundamentally alter the organization of Government. Representatives, Senators, and Presidents (which could be extended down to State levels and below) would not be elected for an arbitrary Period of Time, but for a specific expenditure of Government revenues. These levels of expenditure would have to be quite large, in order to avoid an outrageous increase in Campaign hipe. I would suggest $3 trillion per Representative, and $7 trillion for Senators; the Cost accounted by a total of Budgetary items approved for passage which were made by themselves in the performance of their office; their Salaries likewise would be set as a percentage of amounts spent, I would suggest about $150k per trillion dollars paid in segments of $100 billion of expenditure. The President should be given an Expenditure allowance of $10 trillion, and equally be paid $150k per trillion dollars spent. All Officers of Government appointed by the President, and/or approved by Congress, could likewise be appointed by a total Budget and remunerative Pay based upon segment completion.

Benefits and Advantages could occur from this Process. Legislators and Presidents, and appointed officials, would be able to extend their terms of Office by less expenditure, but only at some reduction of personal Pay. Voters could determine what their elected officials will cost to themselves, and whether they like the Individuals that much. All would likely concentrate to greater degree on budgetary performance, and less on campaign funding. We could eliminate Retirement and Pension funding for Our elected Officials with a stroke of the Constitutional pen, much as they have worked to eliminate Our own Retirement security with the years. All officialdom would be on set Fees which they could not extend, and therefore would express great concern on the Issue of Inflation. They would likewise desire to stabilize the Dollar, and desist of Government borrowing which undermines the foundation of the Dollar. Special Interests might even find themselves ignored, as Congress finds greater value in budgetary stability. lgl