Going Down for the Third Time

Greg Mankiw came up with an excellent short Post, if you read all the links he placed within it. I have been thinking of the Carbon Tax v. Carbon Permits, liking none of the proposals advanced so far. A better method need be devised. I came up with a Proposal which no one will like because it will entail immense Cost, and will be difficult to implement; the only thing it has going for it is the fact that it kills about 3 birds with one Stone. The law would be simple: Every Carbon Emitter must come up with an equal amount of composted Sewage or Garbage delivered at a Government-designated site to get Carbon Permit to emit Carbon. The Dream behind the Essence envisions as many Compost trains moving West as Coal trains going East. The Government would be entailed with the task of finding adequate Land Reclamation areas, along with provision of sufficient Waste water for the irrigation necessary, and the Disposal of Human Waste would be handled in an adequate manner, alongside a Labor-intensive program which could employ up to a potential million people. It would force major Business interests with the task of being Good Citizens, while funding the necessary programs needed for continued existence on an over-used land.

Study this Post, and ask yourself if you want a Soylent Green alternative to health care. I suggest rather a fundamental correct Pricing formula for Health Care, with escalating Prices placed where they belong, and the Cost of such Treatments left to the Individual. Such designation would bring many changes, and the decline of much of the Cost. I favor Surgical Rooms limited to the specific function entailed: Heart, Neural, Bone, and Intestinal; this restriction brings greater usage to the facilities, as they become geographically centered and used on a 24/7 Scheduling. I would separate Drugs into two types: Temporary Short-term use, and Long-term medication, and insist the later be reviewed by a medical board to certify validity of use. I would allow unlimited long-term use of medical benefits from Public and Private funding, but set a Limit as to the yearly allowable Benefit. The Devil is in the Details, and I would make the Details reflect the true Expense occasioned by their use.

Here are a group of Individuals who rightly think our Money is going down a sink hole, and not working for Us at all. I cannot say I agree with all or any of them, without through study of their evaluations; I only know that the current mess is beginning to smell as much as the aforementioned Compost above. We need less-expensive, more effective measures to deal with the economy that are not simply to Double-Down on our losses, so that We will really fall when the next Precipice is passed. lgl