RE: How can the government better support economic growth and job creation in your opinion?

You are viewing a single comment's thread from:

How can the government better support economic growth and job creation in your opinion?

in economics •  6 months ago  (edited)
The founding Fathers knew that government is a parasite, which is why they limited the government using the Constitution!
The founding fathers are the ones that created land grants/warrants and doled them out as political favors among themselves and people that aided the war of independence, no different really from monarchs bestowing estates on nobles in the ancien regime minus the titles of nobility, extinguished aboriginal title over the same lands by assuming a religious doctrine that Pope Alexander VI declared three centuries earlier as case law that is still in effect btw, and seized them at bayonet point from the nations inhabiting them even when they had treaties with said nations. Was the Northwest ordinance too much government control over land? How about moving the nation's capitol to an undeveloped swampland between Virginia and Maryland that Washington personally profited from as a landowner of some of the tracts? How about the Louisiana purchase? The acquisition of Florida, Alaska, Hawaii? The treaty of Guadeloupe Hidalgo? The Homestead Act of 1862 or the Morrill Land Grant Act? How about the Transpacific Railroad that required not only land grants and eminent domain takings but also congressional financing? Its fine to pretend the government was small in the distant past which makes sense when its overseeing an agrarian economy of mainly subsistence farmers with nothing but frontier land beyond. However, there was no time in history, including U.S. history, where the government didn't control land and decide not only who was entitled to it but how it was going to be used (even before zoning was a thing). Sure 19th century congress didn't plan the economy like a soviet gosplan but deciding where railroads, highways and canals would be built did plan where future generations of business would occur and where it wouldn't. The thing you claim to fear is not only the present reality its also been reality for the entire history of the country. Realty titles are and have always been creatures of the state no different from patents, trademarks, or articles of incorporation and suggesting their value should remunerate the public that makes them valuable in the first place is not government overreach.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Most of the signatures of the Constitution died Penny less, not owners of massive estates. They limited the government to control only the District of Columbia, and legally nothing else.

The problem of turning over power to the government, is that once the bureaucrats wrap their fingers around that level of power; they will never let go! The type of personality that is drawn to federal power; is the worst type of individual to hand any control to! It allows the drug addicts access to the warehouse of drugs...to do inventory; without oversight!

With every concession to the federal government, our chance of actually fixing this mess is significantly reduced! They need to be pushed back to Constitutional limitations, if this Republic is to survive.

Using the threat of violence from the government, to steal land from the owners of that land; pushes us deeper into the quicksand we are currently sinking into. It also places all of us, renting from the same bloated federal government!

Our best chance, is reducing government interference by at least 90%. This country suffers from massive overspending that has caused even more massive inflation.

I bought my Wife a 10 point diamond ring 50 years ago for $17.80! I looked at that same ring yesterday, and it is now $450.00! Your inability to be able to buy a home, is a direct result of this unrestrained inflation. The government wants servants, reliant upon the government for minimal sustenance; so they can control your entire future. Those who are starving, don't rebel against their lord and masters!

Prepare as fast as you can, to retain independence...they want it ALL! They also don't care who dies for them to increase this control!!!!

Be safe!

👍💙🙏📖🙏💗🤔🤠👌😊😳🤕🎯

I have no clue what you're talking about. I never mentioned anything about the federal government taking over land. Your whole rant wasn't even remotely on point. Sure if we were a small island nation LVT might make sense at the national government but here it could be carried out by your county tax assessor at point of sale without any additional bureaucracy and in leiu of paying annual rent to the county on improvements you make to the parcel as all property tax schemes mainly charge a premium for development and reward speculation with lower tax rates. And if you favor sales tax realize that requires far more government bureaucracy and dead weight loss than what I've proposed.

Also literally one of Washington's first acts as president was to forcefully confiscate the proceeds of whiskey sales from Pennsylvania farmers at bayonet point. And the first ten amendments that make up the bill of rights only applied to the district until after the civil war. Liberty only really existed on the frontier. The idea that late 18th early 19th America was free, aside from the frontier, is a confabulation.

Sorry, I will distill. No other problem will continue to be important if the hidden tax of inflation is not brought under control. That's all I was trying to explain.

https://www.history.com/topics/european-history/weimar-republic

Historically, it has happened before. All other 'problems' right now are simply distractions to keep us from taking positive steps to rectify the situation.

It is also the reason people can no longer afford basic things like housing and property. As inflation increases, food and heat will also become too expensive to afford. The more government 'helps' the faster the destruction.

In the Weimar Republic, they used wheelbarrow for moving grocery money.

You are spot on about the Whiskey Rebellion, it was a blight on this Republic! It may not matter soon....

Move to the country, and grow your own food! If we don't stop this inflation, it's over; unless we are self sufficient!!!

Stay safe.

👍💙🙏📖🙏💗🤠🤔👌👍

While inflation has been high across the board it has been a lot worse in real estate. You cannot explain the yearly double digit inflation rates in housing with normal devaluation of the dollar. Yes, the federal reserve giving cheap money to the banks for over a decade following the 2008 collapse made speculation much worse, arguably putting it into hyper drive but it was a problem long before that.

Agreed, it is bad in real estate. Any true hard asset is seeing the same Changes. I believe they have manipulated real estate by the simple expedient of dumping the dollars they have into real estate, like other fixed assets. Their goal is to divest their dollars, ignoring the inflation feeding results of open ended purchasing; until that same dollar is worthless! Then, whatever is put in place to replace it (digital dollar) they will have significant value in those fixed assets.

So real estate is disgusting right now, but it's spilling over into most things. The price of used cars has doubled. I bought silver at $5 an ounce, and it's now in the $25 to $30 an ounce range. I paid $5800 for a used car ten years ago. When I looked it up, the same car, with twice the miles; is over $6000 today.

So you are absolutely correct, real estate prices are, and will continue to, climb as the dollar does! Those just starting out, will be disproportionately affected by this mess; and it Not their fault!!! The deliberate (they are Not that stupid) uncontrolled spending is making politicians and their donors, rich by this divestiture of the dollars they are destroying! They are buying tons of metals, and as many houses as they can....

I regularly get checks in the mail for real estate I own. For my house, they started at $100,000. Last week it was $145,000, with a twist; I don't have to move...I can keep living in Their house! Total desperation, and unlimited greed!!!!

I'm planning to move, because the other side of this coin is that my property taxes continue to climb; and when this crashes, I need to be in the country!

So get ready, you have identified the problem. We just need to pick out our best route through what must come! Just remember that the government policies have deliberately caused this, and they don't care if you survive or not! They have stated they want a 95% reduction in population....

Be safe my friend, they don't like people that think; so be careful!