Re: [SOCIAL CREDIT] Purchasing power to buy what is normally being produced

[Victor Bridger]

Victor Bridger sees nothing of the sort. I am sorry but you are completely off beam, at least as far as Social Credit goes. (I was nearly going to say off the track - there, I've said it. ----- Original Message ----- From: John Gelles To: [EMAIL PROTECTED] Sent: Friday, February 14, 2003 10:29 AM Subject: [SOCIAL CREDIT] Purchasing power to buy what is normally being produced Victor Bridger sees Social Credit as a model to enable buyers to buy what sellers have for sale and/or what producers would like to sell after they've made, grown or mined it, etc.   This implies that if the top 20 % of earners could receive a special dividend to clear all markets, and they bought yachts and summer mansions, and workers got a dividend to clear the shelves at the 99 Cent Store, SC would have proved its point and value.   If he's right, it's a shame the top 20% are so stupid as to oppose SC.   I am for voters to charge government to spend on national and private individual priorities. When government spends enough, so that no voter is left behind, my system will have succeeded.   Where would government get the money to spend?  It would spend it as part of a plan that subsidized production and private savings so that an ever-rising minimum wage would mean an ever-rising minimum standard of living.   My system of DTIFM could coexist with current banknotes and taxes. But, over time, the voters might come to see that the national debt and most taxes were unnecessary.    If ever a tax became necessary, it would be a tax that the poorest (now comfortable) people would not have to pay. More likely, it would not be a tax at all -- but a change from voluntary saving to compulsory saving.   Conceivably, saved money could exceed a ratio to current output that suggested jaw- boning by government for people with super- size savings to engage in serious philanthropic work -- not for the poor (there would be none) -- but for the arts -- which can absorb an infinite amount of money to be spent. ==^==^============================================================= This email was sent to: archive@mail-archive.com EASY UNSUBSCRIBE click here: http://topica.com/u/?a84IaC.bcVIgP.YXJjaGl2 Or send an email to: [EMAIL PROTECTED] TOPICA - Start your own email discussion group. FREE! http://www.topica.com/partner/tag02/create/index2.html ==^==^=============================================================