"Peter E. Pflaum, Ph.D. Institute for Human Resources (904) 428-9609 [EMAIL PROTECTED] [EMAIL PROTECTED]" [EMAIL PROTECTED] [EMAIL PROTECTED] RE: Libertarian Economics - The New World Order The new "fast lane" people are quite Libertarian. Legalize drugs (or don't enforce the laws ), privatize as much as possible, they desire and need a society of low taxes and high returns - little regulation. (torte reform) - the new economics requires new fast developing institutions, spin offs, free competition, and creative enterprise. Unlike the traditional capitalist, these firms are information rich, rather than capital or labor intensive. Innovation is the name of the game - re-tool every five years, next generation products are always in the pipeline. How about re- inventing government - really re-inventing government. Spin off to the states or regional grouping the administration of welfare, education, health, unemployment and social programs. Privatize not only Air Traffic Control but Social Security Administration ( as much of Medicare is ) make Medicaid a HMO with private contractors (Several states are trying to do this) - Close down HUD, Energy, put Labor in with Education as Human Resources, Agriculture and Interior as Natural Resources (Some trees now are Agriculture others are Interiors), Seven Agency Plan: Dept. Of State Treasury (include commerce ) Defense Law Enforcement - Atty General - DEA - INS - ATF - Natural Resources (Agriculture, Interior, Energy) Human Resources (Health and Social Services, Education, Labor, Veterans Affairs, HUD) Transportation & Science and Technology - NSF - foundations - Smithsonian - Misc. The New Deal agenda was a response to the excesses of industrial capitalism. Social insurance, unemployment benefits, workers compensation and welfare, labor relations, even farm policy was a political balance of majority interest, (there are more workers than owners) to smooth the edges of corporate capitalism. The Democratic Party was a sort of Labor Party, plus minority interest, big cities, plus academic and media liberals. The decline in unions, central cities, ethic minorities (of the type organized by city political machines) has led to the decline of their traditional coalition. If the new model organization is high tech - information rich, fast, flexible, Z style organization - MicroSoft Campus like - 3M - enterprise - adventures then the social requirements are freedom of action, without excessive regulation, taxes, or interference. Regulation has been used by the big old firms to limit change - telecommunications being a prime example. The Air Traffic Control System demonstrates the problems of big bureaucracies in keeping up with the rapid change in technology. the bottom line: gopher://sunny.stat-usa.gov :70/00/budget95 Fednet - commerce - If you have $1300 in monthly income and have fixed deductions of $1000 it gives you a net check of $300 - and your cost of living - rent, food etc is $550 you are in trouble - (fixed payments, $220 interest, $350 Social Security, $150 Medicare, $90 Medicaid, $70 retirement, $100 social welfare, misc $60) What everyone should know: You have to cut somewhere or/and raise income. THERE IS NO WAY TO BALANCE THE BUDGET (even by 2002) without new taxes, and a major reduction in defense and benefits. The figures include receipts going up 300+ B - or 45 b a year - 1350 b to 1650 expenditures do the same, from 1550 b to 1850 b. leaving a structural deficit of 200+ billion a year - a debt of 5,000 to 6,500 b or our current GDP. The interest costs are killing us now - if we had a lower debt we would have a lower deficit -- Interest = deficit = 200 b - little - figures give some idea of what is required; Defense would go down by 10 b, and non-defense by the same amount - Cabinet Agencies: Agriculture (excluding International Programs)..... 14,052 15,018 14,170 14,241 Commerce....... 3,216 3,632 4,187 4,502 Defense........ 262,617 249,979 252,850 244,200 Education...... 23,696 24,354 26,060 26,305 Energy......... 19,262 18,614 18,010 18,282 Health and Human Services 31,608 34,318 35,414 36,193 Housing and Urban Development... 25,524 25,105 26,064 33,537 Interior....... 7,078 7,512 7,231 7,346 Justice........ 9,315 9,376 12,144 14,343 Labor.......... 9,920 10,561 11,694 11,987 State.......... 4,928 5,289 4,860 4,713 Transportation. 13,514 11,186 13,543 13,194 Treasury....... 10,082 10,339 10,350 10,790 Veterans Affairs....... 16,701 17,584 17,812 18,281 Major Agencies: Appalachian Regional Commission.... 190 249 187 187 Institutions.. ...... 144 144 111 Corporation for Public Broadcasting.. 319 275 293 312 Corps of Engineers..... 3,842 3,915 3,315 3,724 District of Columbia...... 688 700 722 722 Environmental Protection Agency........ 6,923 6,659 7,163 7,395 Executive Office of the President..... 236 185 190 190 Equal Employment Opportunity Commission.... 222 230 246 246 Federal Emergency Management Agency........ 2,573 800 704 704 General Services Administration 275 522 1,600 172 International Programs (other than the State Department.... 16,266 15,528 16,001 15,917 Legal Services Corporation... 357 400 500 500 National Aeronautics and Space Admin......... 14,309 14,466 14,300 14,400 National Archives and Records Admin. 168 192 197 197 197 197 197 National Endowment for the Arts...... 174 170 170 170 National Endowment for the Humanities 177 177 177 National Labor Relations Board......... 170 171 175 175 National Science Foundation.... 2,734 3,018 3,200 3,234 National Service Initiative.... 279 575 850 1,359 Office of Personnel Management.... 123 123 117 114 Postal Service. 122 91 92 92 Railroad Retirement Board......... 395 378 362 348 Securities and Exchange Commission.... 127 58 306 319 Small Business Administration 925 740 806 798 Smithsonian Institution... 405 403 487 458 Tennessee Valley Authority..... 135 140 140 140 Allowances..... ....... ....... -1,155 818 All Other Agencies...... 1,297 921 1,134 1,164 Judicial Branch. 2,367 2,556 2,893 2,893 Legislative Branch......... 2,313 2,307 2,545 2,699 ------------------------------------------------------- Total........... 509,624 498,816 512,250 517,682 ------------------------------------------------------- ************************************************************ Peter E. Pflaum Ph.D. *INSTITUTE FOR HUMAN RESOURCES* 225 Robinson Road, New Smyrna Beach * IN THE WORLD - FL 32169-2176 (904) 428-9609 * BUT NOT OF THE WORLD [EMAIL PROTECTED] [EMAIL PROTECTED] ************************************************************