House of Paine

low taxes and wages

  profiteers have the answer
to both the state and the work force

" no can't pay you that
 but i'll lend it to u "


=========================================


  
unfettered self oriented
profiteers 
    have a certain part/ whole dilemma 

 they want profit max 
and wage and tax min

but then theres the system wide need
 for effective demand....

starving these  two demanders 
 can create a protracted  stag party 

 fortunately 
  effective demand 
has far more elasticity 
if you use 
 the  credit transfer system 

as a  vastly enhanced usury vehicle 
------------------
the first  leg

----------------------------

  apply the
    credit system  full throttle
  by loading up
   the  best credit prospect around 
                      the  federal state
 let it run 
plump and persistent deficits 
you get the  macro demand you need 
and a state so caught in fiscal crisis
 it seems poewrless to help
any one...at the margin 

thus  privateer capitalism 
can live  very nicely
with a belowest possible 
           profit tax regime

and a state able to spend what it must
to keep the system rolling forward


as the confidence in this has grown 
its led 
to one hell of a  fond mission:

 the complete shift  of the tax burden
  such as it is
        to the shoulders of  wagery 

 so they hate the state 

and yet still that state
can  maintain  
   sufficient  inflation free state expenditures 
-------------------------
leg two

----------------------------
now  at last
in the very recent  down turn

the second leg of this
             
u get to   keep it 
but see it  get spent anyhow act
 seems to be fully operational too
 
under this set up 
wages can be kept low
while maintaining
effective   household demand by again
 using a geared up
        credit transfer system 

and the kicker here is better
even the with the state 

more debt means
 more  lifetime hours of labor 
sold to pay it back
plus to meet the nut
no great risk taking
quitting a sour job 

sounds like  a horizontal  klass win win to me