(FB 1553197269 Timestamp) SIMPLE MATH Total Govt Taxation = $3.42T Medicaid and Social Security = $2.841T Total Population > 18 = 272M Total Taxation / Pop = $12,000 $1,000/month/pp>18 = 100% of tax revenues. Estimated cost of Medicare for all + 2.1T
Category: Economics, Finance, and Political Economy
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Curt Doolittle updated his status.
(FB 1553197269 Timestamp) SIMPLE MATH Total Govt Taxation = $3.42T Medicaid and Social Security = $2.841T Total Population > 18 = 272M Total Taxation / Pop = $12,000 $1,000/month/pp>18 = 100% of tax revenues. Estimated cost of Medicare for all + 2.1T
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Curt Doolittle updated his status.
(FB 1553181552 Timestamp) FRANCE: INSIGHT by Aaron Kahland One element of the yellow vest protests in France is not addressed by analysts of that protest. The increased tax on fuel is not merely a catalyst for general dissatisfaction. Mobility allows the upper working class and lower middle class French to segregate – live away from the Banlieue whilst continuing to work in cities. Fuel is already a significant expense for the French worker. Increasing the cost of mobility makes it difficult to segregate into smaller French towns / suburbs. Those affected can no longer afford to live in metropolitan, French, France and the tax threatens them with moving to non-French areas. The yellow vests have long since given up on any hope of entering the middle class which is why they are so desperate to clutch on to what remains of their France.
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Curt Doolittle updated his status.
(FB 1553354176 Timestamp) Nth Rule of Economics: (a) as density increases opportunity cost decreases. (b) as opportunity cost decreases, rents and mortgages increase to absorb the decrease in opportunity costs (c) as rents and mortgages increase, salaries and wages increase to offset the capture of opportunity costs. (d) as wages and salaries increase, the price of goods services and information increases to the point of equilibrium. (e) this cycle repeats until the prices of goods, services, and information, can no longer compete at which point companies must draw from capital markets, and government intervention in availability, price and subsidy (f) as in all organizations of all scales, rent-seeking (free riding) increases in government, capital markets, subsidies to the point of exhaustion. (g) until a shock occurs, and there is insufficient uncaptured capital to reorganize the social, financial, economic, and political order. (h) whereby the tax paying class (who can afford to) flees, the city falls into decline, and then experiences a population collapse due to accumulated rents. (h) whereby either genetrification or depopulation ensues, which is entirely epenent upon (i) existing demographics, and ii) existing location. THE WEST IS DYING ONE CITY AT A TIME Primary culprit in every city’s case? Pensions.
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Curt Doolittle updated his status.
(FB 1553354176 Timestamp) Nth Rule of Economics: (a) as density increases opportunity cost decreases. (b) as opportunity cost decreases, rents and mortgages increase to absorb the decrease in opportunity costs (c) as rents and mortgages increase, salaries and wages increase to offset the capture of opportunity costs. (d) as wages and salaries increase, the price of goods services and information increases to the point of equilibrium. (e) this cycle repeats until the prices of goods, services, and information, can no longer compete at which point companies must draw from capital markets, and government intervention in availability, price and subsidy (f) as in all organizations of all scales, rent-seeking (free riding) increases in government, capital markets, subsidies to the point of exhaustion. (g) until a shock occurs, and there is insufficient uncaptured capital to reorganize the social, financial, economic, and political order. (h) whereby the tax paying class (who can afford to) flees, the city falls into decline, and then experiences a population collapse due to accumulated rents. (h) whereby either genetrification or depopulation ensues, which is entirely epenent upon (i) existing demographics, and ii) existing location. THE WEST IS DYING ONE CITY AT A TIME Primary culprit in every city’s case? Pensions.
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Curt Doolittle updated his status.
(FB 1553531061 Timestamp) In the modern era there is no value to Others. Slaves and serfs are more expensive than they are worth. Even Labor is of little or no value. The only value to life that remains is kinship.. This is the reality that our cognitive habits cannot overcome. Even The plague was a good thing. Famine almost as good. Wars less so.
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Curt Doolittle updated his status.
(FB 1553524740 Timestamp) The soviet system was possible for a short time because the state did not have to pay market wages for labor. Of course both corruption and black markets form in both american and soviet models. However, whether soviet or american nothing other than rule of law and universal standing can stop the accumulation of rents in the state an its dependents whether private or public. We always get it wrong: markets are good, serfdom is a good, and armies(servitude) is a good, since series markets, mixed markets, and servitude solve the problems of innovation and adaptation, market limitations, and non-market activity. And the only way to govern them is the competing markets of opportunity and dispute: the markets for the KIND of organization, versus the courts under the natural law of reciprocity REGARDLESS of organization.
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Curt Doolittle updated his status.
(FB 1553531061 Timestamp) In the modern era there is no value to Others. Slaves and serfs are more expensive than they are worth. Even Labor is of little or no value. The only value to life that remains is kinship.. This is the reality that our cognitive habits cannot overcome. Even The plague was a good thing. Famine almost as good. Wars less so.
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Curt Doolittle updated his status.
(FB 1553524740 Timestamp) The soviet system was possible for a short time because the state did not have to pay market wages for labor. Of course both corruption and black markets form in both american and soviet models. However, whether soviet or american nothing other than rule of law and universal standing can stop the accumulation of rents in the state an its dependents whether private or public. We always get it wrong: markets are good, serfdom is a good, and armies(servitude) is a good, since series markets, mixed markets, and servitude solve the problems of innovation and adaptation, market limitations, and non-market activity. And the only way to govern them is the competing markets of opportunity and dispute: the markets for the KIND of organization, versus the courts under the natural law of reciprocity REGARDLESS of organization.
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Curt Doolittle updated his status.
(FB 1553641065 Timestamp) The axis of Evil is DC (political 6.3m), NY (Financial 23m) Boston (8m) and LA (Propaganda 13m). Everything else depends upon the cycle of DC Borrowing, NY Profiting, LA Propagandizing. And all of that is very easy to fix. Starve the parasites. Starve the parasites by starving their food source. Their food source is the federal government. Break that and divide it to the states and we will see the states of the USA turn into the old states of europe in one generation.