Clear thinking

This is from zerohedge.com, a reliable site for economic discussion. Mr. Durden seems to publish comments after every coffee. Short news bits for those who look beyond MSNBC.  He knocked off this bit today, which I happened to catch. Usally, I have little time to read all the stuff that flies by.  


What he describes is the simple answer to our economic problems, but those problems are the children of political philosophy. So, if you want to see a non-statist, Marxist, socialist, Progressive analysis, read on: 

Guest Post: "Big Idea Solution": Radically Lower The Cost Basis Of The Entire Economy

Submitted by Tyler Durden on 05/30/2012 - 12:38

Consumer protection ETC Greece Guest Post Obamacare Purchasing Power

We are constantly told all our problems are too complex to be addressed with simple "big idea" solutions. Complex problems require complex solutions, we are assured, and so the "solutions" conjured by the Central State/Cartel Status Quo are so convoluted and complex (for example, the 2,319-page Dodd-Frank Wall Street Reform and Consumer Protection Act or the 2,074-page Obamacare bill) that legislators say they must "pass the bill to see what's in it."  

The real "solution" is to see that complexity itself is the roadblock to radical reformation of failed systems. Complexity is the subterfuge the Status Quo uses to erect simulacra "reforms" while further consolidating their power behind the artificial moat of complexity. Over the next three days, I will present three "big idea" solutions that cut through the self-serving thicket of complexity. 

Nature is complex, but it operates according to a set of relatively simple rules. The interactions can be complex but the guiding principles can be, and indeed, must be, simple. Big Idea One: Radically lower the cost basis of the entire U.S. economy. The cost basis of any activity is self-evident: what are the total costs of the production of a good or service? The surplus produced is the net profit which can be spent on consumption or invested in productive assets (or squandered in mal-investments).

Money is very mobile and seeks the most friendly home. Currently, it goes where it is allowed to work, safely, without being confiscated whether directly or not. Simply, the cost of doing business in the U.S. is a barrier to smaller business; large businesses use government to keep it that way, as they do have batteries of lawyers and accountants. The "robber barrons" were not as clever as todays corporations.


The mentally ill socialists want regulation, high taxes, high fees and fines, to pay for more jobs for government workers. At the same time, they pretend to be against "millionaires and billionaires," big banks, big insurance, big pharma while, all the time those biggies get to run their own industries and crush small companies, as long as they contribute to the ruling class.