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maxed over



"If you take away transfers
and merely force some switch
in time
to market work,
you cannot possibly
make these people
or their children
better off."

think of it as
a state forced investment in job skills

of course i'm being funful here

but job doing is job learning
and i am a wpa /total employment guy

but the transfer levels for family care
(once the
domestic member
and former care giver takes a job)

needed to be increased not decreased
with medicare for everyone
(paid by a vat
not out of payroll or income)
and
of course free public day care facilities
cradle to grave
paid out of income


to cover both ends of dependent personhood's personhood

the ole fishin pole
income earning potential increased
by force

pushing the households
income seeker
past his/her
hopeless sump
of job
prospect myopia

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

on ackerlof norms
------------
to me this
norms gig
is a way to introduce rigidity
where rigidity exists for deeper reasons

these are fine and all well noticed b4 now

how some ever
i can imagine

the uncle milty
brigade's response...

these are
a bunch of arbitary static maxims

whereas humans can be convinced to modify their maxims
eh??

don't
putting
norms themselves into morph mode
learning
make em into
dynamic rationalization of norms ?????

which
leads to a new stickiness only

its all still
a dynamic argument

built on the quest
for the best
and the rational

pinky | 01.08.07 - 3:31 pm | #
-----------

behold
a response ....

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

pink -- I think it's simpler than that

When you have conservative bourgeois academics
who change methodology
you're still going to get
conservative bourgeois economics

But still, change is good.

Miracle Max | Homepage | 01.08.07 - 3:56 pm | #
--------
but not an exchange

---------------
are u saying max

"even half an ackerlof
is better then no ackerlof at all"???

-----------
so on to paygo ing
the fed budget

fiscal politics
with a rigid ruler
and
an eclaiir spine
-------
max u give too much away here

we have no prospect of a fiscal crisis


unless this is pure window dressing
a way to staunch cries of a return to

spend and tax democracy

with this prine pie approach

how can you give
a decent
working familly
tax cut ????

the politics
of the short run come first

if u want a new populist democratic party

u need tax class burden shifting

take a load of homey
and
put the load back back on Him

the Man needs
a vicious tax hack worse then
a monk needs
a good .....

-------------
job one

( recall dessert comes first in politics )


a nice bout of payroll tax relief

do what clinton failed to do in 93

and then
lost party control
of the Hill
over the next year
as a result

learn how to treat your base right

like the repubs do

and that means ....

tax brake em right out of the gate


job two

remain calm
even as deficits grow in the mid term

and
watch
as the automatic rate restorations
ride up in the backs
of n the upper 5%

watch with folded arms

as to indexing the atm...

thats childs play...

50 bills per annum
index the fucker and leave it to beaver

please max....
lets not be penny wise and pound foolish

pinky | 01.08.07 - 3:44 pm | #

"Cutting spending,
especially entitlement spending,
isn't easy either..."

who 'round here
is suggesting that ????

if the deficit remains
within fairly wide parameters ......
the tax burden shift
implemented in stages
seems to me all that's needed

btw read prsecotts latest stack of flap jacks

he's all for debt to national income ratios
in the 200% plus range

whoopeee

so long as
his
"wonderland simplifications "
stil hold.....

out
there
on the corner of wall street
and penn ave

we need to notice
the "effective " tax rate on personal capital
vs the effective rate on
"work/job" compensation

that gives
a fuller measure of
the economic class tilt


btw u all prolly know
clinton besides nafta
in his first term

in his second term

signed a nice "thank you all "
capital income tax cut
for the ...donor class
of both parties

in general
we all know what was up
over the last 40 years or so
class wise....

the big corporate capholders
struck back
and as the owl only flies at dusk
its now
suddenly
as the era ends
their flim flam
is seen as bad to the bone
for ...all of us
them included
hey such thought
is
quickly becoming
conventional wise-dumb

in short
intra donk

the redelivery of
the dlc lineto a new cxongress
is doa

the duel is over

burr shot hamilton
already

and hamilton is dying

pinky | 01.09.07 - 9:46 am | #
then again

maybe ham is on the croak

but beware
the sensible
albert gallatins
among us

now playing pop and fresh for the moment

---------
barkinator hammers the opposition class

"I increasingly worry
that Dems will get taken in
with the idea
that the tax to increase
will be the fica
which is completely unnecessary
given the lack of any real problem
with social security finances"

agree agree agree


we can always
pop off the cap ....some day
and join to it
a general sharpening
of the progressivity
of the whole tax transfer retirement system

but at least consider this:

being as a the best defense
is a pay out offense

why not suggest
a paygo cut
right now
cut the rate on the paycheck side
and
blow up this bogus retirement system crisis
once and for all
by ending the fools gold of the trust fund surplus
today

turn it around
into a working familly tax brake

start the class burden shift
with a cut

leave the deficit to climb
till u can
reasonably
demand
the congress
let the bushco high end tax cuts expire...

--------------
the tax and transfer system has a great virtue

clarity of flow
both as to source and benefit

if we're into paygos

lets chamber the fiscal budget
example :
section
the retirement sub system of federal activity off

put it on paygo
leave its dedicated set of appropriate tax bases at break even levels
ie
give a payroll tax cut

for health set up another chamber with the programs all with dedicated bases
put them in balance

etc etc thru
excise pigou and sin taxes

leave a wealth tax
for debt service
financing the federal debt

really ought to come out of a wealth tax
it being there
only as a result
of foreign wars
and crusades
plus reaganian
"investment incentives"

surely
the homeland security and global security budgets
each also needs to be sent in search of appropriate tax base
here i'm open to suggestions

notice they both
need to be locked and loaded together
since
they both exist
not just
to compliment
each other

but because

the one
by the actions
it funds
provokes
the world so much

we now need
the other


pinky | 01.09.07 - 10:36 am | #

yes mable
we need both
a earned tax credit
and an indexed min wage

that are tied together
ie
job income credits
that phase out rationally
as a wage subsidy to low income households
to reward toil
and make jobbing a habit

btw
we don't need a subsidy
to the payer as nobel phelps touts

yes
the min needs an indexation not a one off staged lift
but
tie it to the median wage rate
not inflation
and
at the highest ratio
it reached
in the post war era

lets get back to that
keep us there

----------------
these are not only very distinct tools
they serve different ends

the sub thru a eitc is for low income households
not low sj kill workers

the min wage
is for a ceiling on exploitation

the consequent
increased pri sec job gap ???

close it with a national wpa

any citizen
in america
over 16
should be able to find a near by min wage job
inside
a 5 day search

of course what we'er after is justice

a fair wage for all
one that at least
puts
a roof over exploitation
ie
a floor under wages

now of course
a roof over job hours
would be
another kind of
roof over exploitation
and a better one too
better
then a min max wage

because an hoursa ceiling or low
super premium rate zone

would force up hourly rates spontaneously
up and down the full wage rate system

and reward
more handsomely labor roductivity enhancing
innovations
directly
at all rate levels


btw
one has to assume
maxed up wage min
will
cause
the wage rate structure
to compress
some

there is a
spontaneous
wage rate roof
up there already
or
at least a rubber topper with low elasticity

------------
dale:
"decommodify labor
by any means available"

that's
"labor...power"
u mean of course dale right ????

nice slogan

runs counter to "new look " unionism
andy stern style

since mr purple's
call is really
to recreate as big a hunk of the job market
as a generalized
" hyper commdification"
zone

where labor power
is bought by
the job hour
" metered like a utility"
and "rated
by a monopoly"

power industry
thinking applied
to people

ironic since
the opposite as you suggest
de commodification
is prolly what unions
are all about
and
certainly what they're best at
(besides
sucking off dues
and ignoring their memberships)


oh dale
while yer up roaring
why not call for an end to

" exploitation a la mode de trump "

ie extracting greater effort
by
the conditional logic
of
"if not more
then....yer fired "

the notion that this rigidity
is by its nature
a dysfunctional
rigidity
depends which class angle you look from


-------

b ware

b webb

"Class warfare is on"

indeed
the ivy tower poser...

how can we get this
to look like
the burden can't ultimately be shifted around

an iron law of class tax shares

temp rate changes and shifts
may create class tax incresaes
and decreases

but in the long run
when we all meet
our steady states
all
is but
past thru

as with
artificial wage mins ....
that ead to job class
redistribution not a larger share
like wise
with class taxes
burdens can not be shifted
the shapes and sizes of sectors
can
be changed
but once the
market system settles into its stride again
once the pond settles back
to walden in summer like conditions

we have only
the dead weight loss to remind us of our strivings

dead weight loss everywhere

we would have been better off staying where we were

we got nothing
other then ....


this god damn
dead weight loss
and all the useless short run turbulence
to get there

moral
no burden is worse then the senseless unfelt burden
of
dead weight loss

ask the faculty at chicago university

of course
they just
had

some sad
" emeritus "
dead weight gain

js paine | 01.10.07 -
wyden's plan ?????
rahmbo ??????

both guys are into
rubinite turkey jerks max

the toe dancer did a spell in hi fi
after playing zionic tail back for the clinton single wing formation

besides
like flatter is beautiful

to who ??????


this is a half loaf softener
say it gets off the ground...

watch the flat top part
pin
the fair maiden part
to the door matt
in conference

in two shakes of a rubes tail
this comprehensive package
will be unpacked
and
looped up like an irish alderman on saturday nite

up the jobbled klass's wawazingee
is where this is headed
and it 'll shit itself back out
still flat on top
js paine | 01.10.07

btw just to show how un nice i am.....

the child credit stinks it rewards parents
not helps kids
free 8 hour daycare from zero thru four
that's a real help

love kids
non parboiled ????

help em directly
and oh.....
pay their jobless parent to attend daycare with em

Posted by js paine at January 10, 2007 04:45 PM

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