Re: DOLLAR COLLAPSE NOW IMMINENT

On Mon, 12 May 2008 18:43:04 +0000, Econotron wrote:

> "The Trucker" <mikcob@[EMAIL PROTECTED]
> wrote in message 
> news:pan.2008.05.12.18.05.01.552935@[EMAIL PROTECTED]
>> On Mon, 12 May 2008 10:08:03 -0700, Stray Dog wrote:
>>
>>> On May 12, 12:04 pm, "Econotron" <njmfi...@[EMAIL PROTECTED]
> wrote:
>>>> "Stray Dog" <straydog2...@[EMAIL PROTECTED]
> wrote in message
>>>>
>>>>
news:c91f1a5e-c04b-457d-b9a2-6217633f4ef4@[EMAIL PROTECTED]
>>>>
>>>> > Dollar collapse....would be wonderful. Millions of jobs would come
>>>> > back to the USA. Both prices and wages would go up, so there would
be
>>>> > a net positive effect.
>>>>
>>>> > Already, ex****ts are up and tourism -- to the USA -- is up. Next
boom
>>>> > will be foreigners with money coming to buy houses (maybe for
>>>> > themselves).
>>>>
>>>> > Dollar collapse...bring it on.
>>>>
>>>> If that happens, you may have a job, but will wish that you
didn't.:-)
>>>> e.
>>>
>>> Right now how about you naming any place, any country, any land that
>>> doe not want any jobs? All these 3rd world countries have manipulated
>>> their currencies for maximum ex****t and minimum im****t.
>>>
>>> All the stories I read about localities, cities, towns in the USA show
>>> that the  local authorities bend over backwards to offer subsidies,
>>> tax breaks, favors, ..everything you can think of...if a foreign
>>> company or even a US company will build a plant in their area.  Can't
>>> remember where I read it but one town in SE USA even offered subsidies
>>> of some $200,000 to a foreign company for every job they put into
>>> their local area and if they would promise to keep the job filled for
>>> at least five years. Basically, the value of that "enticement"
>>> essentially totally pays for most of their employees. And, the story
>>> is that these companies go all over the USA and get all the localities
>>> to bid against each other for the best deal, then take the best deal,
>>> and they have the localities "by the balls" and this is what our
>>> economy has come to.
>>>
>>> Its not funny.
>>>
>>> Fine, i appreciate your emoticon, otherwise, above.
>>>
>>> Here is mine:    :-|
>>
>> If the tax burden in the USA was ****fted to land values then this ****
>> would cease.
>>
> This I can entirely agree with. If the tax burden is ****fted from the 
> producers to consumers, it will give boost to the US' waning industrial 
> strength and all the productive activities in general.

A tax on land is not a consumption tax.  But that does not mean that I
think a consumption tax is not superior to a flat income tax.

-- 
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of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
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