Nails in the Coffin

What is wrong with this article? It is certainly not the Writing, which is quite Good. The tale of woe remains in the conceptual bribery intrinsic behind the article. Far too Many have abandoned the old ideology of supplying the best, most profitable Solution for the Consumer, replacing it with under-the-table Cash as economic incentives paid by the Government. Business personnel are the most adaptive individuals in society, quickly learning the new format, and before long, will not adopt costly initiatives if the Government will not pay for them. The only safety from this behavior lay in a uniform Tax Code without special dispensations. It is only when Voters and Politicians realize that they have created their own Downfall, that any of Us will have any release from derogatory economic effects of blocked Investment, channeled Development, and artificially-induced Consumption behavior. We need to get back Stand-Alone Profit centers, and stop fueling the avarice of a no-risk mentality which wants all losses absorbed.

Here is another Nail in our economic coffin. The days of the Tech Boom haunt Us still, when We became addicted to huge Profit gains. Ownership of a small business which made a couple million in Sales per year became boring, not worth doing, not worth financing. Everyone awaits the opportunity for the Big Killing, ignoring the fact that the huge Revenues fall to maybe as little a number of People as one Thousand per Generation. No one enters into what is a normal Income field, and even when forced, try to force excess Profits from the effort. The Whole becomes, in itself, a drain on the economic system as Everyone tries to expand too rapidly without Consumer interest–doing nothing but driving up Resource pricing. The worst aspect may lie in the discontent generated, where Millionaires are mildly ashamed to the little achievement they have made; this creating Wants which can never be satisfied.

I turn back to Daniel Gross for another Nail in the economic coffin. Giving away Money is one of the Perks of being Rich in the first place, most generally occasioned by a group of people applauding the Giver at some Press conference. Smaller donations are not even a blip on the radar screen. The real way to handle Charity Giving is to post a limit on any Tax Deduction–say as little as $1000, or as much as $10,000. This would be incentive for all Taxpayers to utilize as much of the Tax deduction as they can, and eliminate much of the Posturing currently found in such Giving. The trouble with this program is that it rationalizes the Tax Code, when Politicians gain massive support from engineering special Tax dispensations. Here is the real Killer of the economy. lgl