If there is one idea only, advisers on efficiency and waste avoidance should try to get the President to understand, it is that America (and the imitative global economy,) at the moment, have the direction of fiat money flows aimed the wrong way--and the cost of this error in real wealth is trillions of trillions of dollars.We should not seek to merely help commercial profits and sales generate sufficient tax revenue to raise our monetize-able wealth high enough to “feed us all”.….. Rather we should plan government spending and operations to accomplish the long term goals of the President (security, energy, education, health, peace, etc.,) AND plan to achieve full employment, savings, production (supply), and price level goals such that necessary wealth is produced and necessary tax revenues are minimized or zeroed, to change the basic computation of the money supply to rest on priority production for use or sale and NOT on debt or commercial profit.Full employment–because we are what our job is–-and that is nearly as important as the spendable income we need.Fiat money supply computed on production not taxes because–-if we index (protect) money-savings from inflation (TIPS bonds, etc.,) and we track financial and logistical data as carefully as the NSA tracks overheard information, we will be able to replace taxation with savings-–until money wholly reflects real wealth and not debt.….. If prices ever threaten to spiral up and out of control, anti-inflation sales taxes would be imposed.The current fiat money supply system and income tax system are inefficient. The revolutions in materials, biology, information, and business sciences are not being allowed to reward humanity with anything like their potential.
Marxists and socialists may have failed at government planning. The above systemswould not replace private production and planning--they would merely put the government team or horses in front of the heavily loaded wagon instead of behind it.
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