tag:blogger.com,1999:blog-6557458849091969678.post1566075239553091942..comments2023-06-15T09:13:45.467-04:00Comments on Liberty's Torch: If I Had Trump's Ear...Francis W. Porrettohttp://www.blogger.com/profile/05862584203772592282noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6557458849091969678.post-37301911033387957872016-12-21T07:09:13.364-05:002016-12-21T07:09:13.364-05:00These are excellent points but in my mind before w...These are excellent points but in my mind before we try them the first thing is reduce the regulatory burden on small businesses and stop the protectionism for corporations. We also need to start producing real wealth again in this country. Starbucks jobs just produce warm bodies for the gov't to leech/tax and produce money for the 1% at a higher rate then it is taxed away. <br /><br />Another issue is most Americans lack the very basic economics education to understand and participate in a truly competitive wealth building economy. <br /><br />There has to be more incentive for all people to work more because they think it will gain the, wealth. I've shuttered all three of my side hustles almost five years ago because I am very tired of feeding the tyranny machine. <br /><br />If you've read this far, I thank you and wish you a good day. Drewhttps://www.blogger.com/profile/11410760001317154919noreply@blogger.comtag:blogger.com,1999:blog-6557458849091969678.post-57492521855751511232016-12-09T15:27:44.982-05:002016-12-09T15:27:44.982-05:00Mere tax indifference seems inadequate. There are...Mere tax indifference seems inadequate. There are costs to locating in the US which are not technically taxes, like safety and environmental regulations. More than that, our government has an obligation to put us in the US ahead of them, there - otherwise, why have a government? I agree with your logic that a small tariff equals a large income tax. I still think that a tariff roughly equal to the corporate tax rate is proper. There should be a _huge_ advantage to having capital here rather than there.<br /><br />In order to have a civilization, we need to make sure that all of _us_ have a place in that civilization. Those of us on the right side of the bell curve have an obligation to those on the wrong side, to build and maintain a civilization in which the wrong-siders can be valued, productive members. Having a lot of capital and a high return to labor will help with that. <br /><br />Keep foreign labor out, keep our capital in, look out for our own poor and stupid and let the others look out for theirs. Is putting us first hard on the foreigners? I don't care. Let them make their own civilization - don't let them ruin ours. If they cannot build a civilization they prefer to our civilization, that is their problem, not ours. Let them have their problems in their own homes, not in ours.Ominous Cowherdhttps://www.blogger.com/profile/04802991559947782419noreply@blogger.comtag:blogger.com,1999:blog-6557458849091969678.post-89610201246151802152016-12-05T18:21:31.642-05:002016-12-05T18:21:31.642-05:00The operative concept is to MAKE money; to produc...The operative concept is to MAKE money; to produce more wealth and increase productivity. As long as the US worker was commensurately more productive, higher wages were cheaper than shipping back and forth and paying foreign wages.<br />That is no longer the case.<br /><br />Tariff barriers artificially shift the costs of production, but do not affect the productivity of the US worker and at the same time they increase costs to US consumers, who are largely those same workers. A real Austrian economist could doubtless explain it better, but tariffs by themselves do not help. What would help is lowering taxes and especially the regulatory burden (EPA et al.) Tariffs don't help the underlying problem.<br /><br />What needs to happen is to cut spending by half, at least. Anything less will be ineffective. <br /><br />HistorianHistoriannoreply@blogger.comtag:blogger.com,1999:blog-6557458849091969678.post-26426892154290933822016-12-05T15:45:30.997-05:002016-12-05T15:45:30.997-05:00Fascinating read, sir!Fascinating read, sir!Tim Turnernoreply@blogger.com