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Politics : View from the Center and Left

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To: TimF who wrote (11022)2/6/2006 7:50:08 PM
From: TigerPaw  Read Replies (1) of 541791
 
Any form of wealth or income can be turned in to a capital investment that has the same properties.

As Martha would say, that is a bad thing.
The distortions to the economy of which I write come about because some are recieving an unending stream of benefit from a one-time act, and so have no incentive to keep contributing.

You seem to be arguing that it would all be good if only everyone could get this continuing reward from a single contribution, but in reality that would just mean nobody has an incentive to continue contributing.

I know that the gravy train seems like a nice policy to the one with a gravy train, but it's bad public policy.

I'm sorry if my input rambles off to tangents periodicly. I can usually devote a few minutes to a post in between many other tasks I have and so I forget the context and tend to drift toward the last received post
TP
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