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Wednesday, October 2, 2019

WEALTH TAX UNDER GLOBALIZATION IS PISSING IN THE WIND

Nobody knows this better than Krugman.
Liberace admits this, because Krugman tipped him off. 
He is laughing at Liberace behind the scenes.
He doesn't want to have to mouth stupid shit like this.
Let Liberace be the laughingstock of globalist economists.

A wealth tax in this country now will do doodly squat.  Some Congress has to approve these things, and pay for them with more than receipts from a wealth tax. 

Infrastructure, scientific research, education, etc., bullshit. 

All these have been shown to ultimately lead now to falling behind anyway. R & D (terms search: R & D) and education are the classic examples right now even at present levels. Our tech, R & D, and education have been Shanghaid for decades now.

Liberace claims those basic investments have a long record of leading to economic growth. That was before globalization, back when you had a domestic economy which could be operated on. Now, foreign firms bid on big government projects here. PPP turned into a boondogle of foreign interests. The first State road department project of that kind here was won by a European firm. 

Liberace of course doesn't get  a sniff of stuff like that queering his notions. 

Krugman doesn't want him to: Never smarten up a child like Liberace!

Rather like Thomas L Friedman recommending going state by state with market driven environmental reform. That's the way to do it!  Grass roots globalism!

GLIB GLOBALISM!

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