Charlie Rose

doodee  10/17/2011 02:55 PM Report

@ JohnGelles,

You Beautiful Dreamer You. Of course, in a perfect world, there would be no inflation, and no deflation; and according to John Lennon, no heaven, or Michelle Bachmann. Which I entirely disagree (get a good look at that Woman; WOW)

JohnGelles  10/17/2011 08:14 AM Report

http://www.ustaxreform.us/.crs.htm

JohnGelles  10/16/2011 10:45 PM Report

I recently saw a TV review of Elon Musk, American entrepreneur extraordinaire!!

Musk and others like him are dreamer workaholics who have the genius, drive and opportunity to solve problems others do not understand or even know of. Musk is solving problems in energy, automobiles, space and cyberspace associated with Tesla motors, SpaceX, solar cells, internet payments, and global economic progress.

If the federal government creates the missing tax-free money we need for full employment, it will have to use entrepreneurial genius and methods to prevent corruption, waste, and confusion from defeating its intentions.

It will need an Economic Security Agency second to none to gather and use effectively data to assure that supply chains deliver the goods and financing channels deliver the money that make the system meet its objectives.

It will have to break new ground, as America does when it succeeds, and avoid the crooks that do their best to steal the money and fail the task at hand.

JohnGelles  10/16/2011 10:21 PM Report

This debate between candidates who want jobs for people out of work, and profits for employers to pay high wages to our neighbors and ourselves, and ways for governments of this nation, these states and local public authorities, is terribly confused:

..... 1. All candidates know most jobs will require potential sales and profits in private markets to increase dramatically -- OR ELSE -- such jobs will remain missing for months and years, AND, America will risk serious decline in its manufacturing capacity, defense posture, and cultural morals and morale.

..... 2. All candidates also know AUSTERITY, that is programs and practices to hold down government spending, can only make worse the situation above pertaining to too low sales and profits our markets will experience.

..... 3. With this knowledge, our candidates owe us their political will to create all necessary jobs, demand, productivity, supply, low taxes and high government spending to make sense our of their promised plans.

..... 4. These candidates fail to exhibit necessary political will to solve our economic problem BECAUSE they also know TAXES are going to slow growth -- and spending money for government operations and investments, without taxes, will risk hyperinflation.

.... 5. The above picture of our problem is the same all over the world -- where spending money ahead of supplying full shelves of things the money will buy is a NO NO.

.

THE OBVIOUS MAGIC BULLET WITH WHICH TO SOLVE THIS PROBLEM is to produce SUPPLY and DEMAND -- timed to reinforce each other.

Is such timing impossible? NOT IN TIME OF WAR WHEN FAILURE TO SUPPLY WEAPONS AND WARRIORS means the end of all the wealth on the losing side.

Can we learn for all of the above? If you say NO, be prepared for all of us to decline, as industrial leadership and military power move east to Asia (China, Japan, India, Russia).

..... America will become more of what it's recently looking like -- out of work and out of the running -- in the game of living standards and exemplary behavior.

[to be followed by recommendation that we use entrepreneurial systems, not overly centralized systems, in connection with solving supply and demand issues.]