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Monday, September 27. 2010

The Leviathan Tapeworm

At American Thinker, Hoven's The Government Tapeworm:



Government is an organism that tries to maximize its energy intake. It is, in effect, like all other organisms.


Read it. It's about the Romer-Laffer Curve, and how greedy governments can enslave you - almost to the point that you give up, but not quite. A successful work camp never works its inmates to death...unless they are too old or sick to be productive to the State.


Photo is a human tapeworm. They can be up to 35' long, and lay millions of eggs daily. They can be an effective aid to slow and manageable weight loss.


Posted by The Barrister in Our Essays, Politics at 12:13 | Comments (2) | Trackbacks (0)

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Golly Randall that is depressing yall, ain't it.

Actually, there are more than two things certain in life but dubiously helpful'd it were even if yall could figure it.

However Barrister, Leviathan may be vanguished when women shall come and teach it.
#1 Leag on 2010-09-27 13:15 (Reply)
"The Netherlands and Sweden reduced taxes by 8.5% and 8.3% of GDP -- significant moves to the left along the Romer-Laffer Curve"

But as the curve suggests, this has not led to an increase in money in the economy. The reduced tax burden has been completely (and in many cases more than completely, iow, money was removed from the economy) soaked up by the government in increased tax income resulting from those lower tax rates.

IOW, reduction of the tax rate led to an increase in productivity (and thus an increase in the workload of citizens) without those citizens seeing any increase in their savings accounts or capacity to buy luxury goods as a result.
Instead increase in inflation (due to momentary increase in buying power) led to prices of necessities (such as food, clothing, and energy) going up which in turn led to more tax income for the government from both sales taxes and corporate taxes.
Of course this may be in part to blame on the accompanying economic downturn, which meant wage freezes as reduced international trade and problems on the financial markets led to companies having to reduce expenses.
#2 J.T. Wenting on 2010-09-28 02:55 (Reply)

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