Sunday, July 15, 2007

Ron Paul's Economics

Ron Paul, under your economics, we would eliminate the IRS and state bureaucracy. This will leave more money and control to private individuals.

Eliminating the income tax will enhance the wealth of the average citizen. I would enjoy another 15-37% of my income. This will produce a greater quantity of income available for commercial and industrial growth.

Reducing government spending in a tight economy, the state will print less money and begin to balance itself fiscally. This will reduce the inflation tax, which is about 7-10% annually.

By returning to the gold/asset standard our currency will become well backed. Currently they are unhinged and privately owned and we're 'sloshing'.

By not going to wars around the world and reducing our spending on the military industrial complex we can increase labor density, productivity, and value.

The majority of the wealthy pay $0 income tax per years because of their CPA's and loopholes. Eliminating the IRS will have the best returns for the poor and middle class.

In the future, using current technology...

Combine this effect with enhanced robotics platforms, large scale and also widespread small scale nano/robotic industrial systems will build parts cheaply from low grade raw materials anywhere in the world with less skill and human labor required. The productivity per worker and per man-hour will increase by 20-100X [twenty to one hundred times as much productivity].

A market that sees zero point or passive transport energy machines, patents currently owned by ExxonMobil, can replace their energy distribution systems with point-based workshop kits. Thousands of miles of power lines could lay dormant.

A state with workshop-based industrial production, local energy production and consumption, and decentralized currency systems will produce, by today's standards, very rich average citizens, enjoying lots of high technology goods and a society not pressurized by market-driven economics, consumerism, or over-competition.

Ron Paul is the next step in this economic and libertarian revolution. The technology exists and the limiting factors of the time frame for using it are approaching at our doorstep.

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