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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (72310)2/1/2010 2:35:57 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 74559
 
The clash among taxpayers, voters, citizens, and government employees is fun. It amazes me that taxpayers/voters/citizens continued pouring money down the government gurgler as long as they did. Now, it appears they have had enough and there have been too many feathers plucked from the goose which is now hissing, pecking and flapping.

Government has become my biggest problem, not biggest helper. There was a time when I said I didn't mind paying taxes because we got roads, railways, airports, wharves, telephone systems, water supplies, sewerage but from quite young in life, the glaring gaps were already showing between what is economically and scientifically rational and what was just government boondoggling bureaucracy gone ape.

Now, not much of the tax is spent to any good effect. "Health" meaning sickness, "education" meaning a thin gruel of irrelevancy with poor socialisation, welfare meaning hordes of lifestyle bludgers, and kleptocratic hordes of government spivs polluting every aspect of life. There's a government department for everything. Accident Compensation Corporation seemed like a good idea at the time too - but it has evolved into a monstrous medical waste mechanism with another horde of bludgers and kleptocrats attached [it's a compulsory accident insurance for medical woes]. Everything is banned which isn't specifically permitted and anything you don't want to do is compulsory.

It's very good to see them getting their comeuppance. Well, thinking about it when not just the money runs out but the ability to borrow more. Robert Mugabe has run the place into the ground. They'll do that if they get a chance, rather than take their boot off the throat of the tax payer. In the voting countries, the public gets a vote, but unfortunately, the government spivs do too, so of course they vote to raise taxes. With few tax payers, they are outvoted. So the spivs and kleptocrats can keep the game going for a long time.

They have no incentive to give up or they go to the bottom of the heap - "Ex government spiv seeks gainful employment. Good at bludging and glide time. Likes ordering people around." Obviously, they won't be very good at selling or doing actual work. They certainly won't like the pay rate - competing with actual workers would be hard. So they are better to hang on to the government job even if pay is halved or quartered.

There's the answer. Halve all government pay and see who quits. If the wrong ones quit, offer them a 10% bonus to stay.

Mqurice
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