eudaemonia

Bullish News

The latest economic news from government reports shows that low tax rates produces increased revenues. There can be no argument against this cause and effect. We must also keep in mind that this performance is done in a war, high oil, and corporate malfeasance setting. Ordinarily such circumstances would spell doom for an economy. But the underlying fundamentals of our economy are quite strong; strong enough to shake any of the enervating effects of such insalubrious environs.

With regard to our long term prospects, I believe that our overall market approach to most issues will ultimately keep us at the head of the pack. For example, our lagging school system will cave-in to pressure from other quarters who demand analytically trained output. Education can no longer be the only institution that is concerned only with the producers [i.e. teachers, administration] as opposed to the consumers [market economy].

We will ultimately be able to sustain our leading edge in most technology and be the beacon for the rest of the world. To this end, our foreign policy must remain commensurate with the market mechanisms that frame our prosperity. In other words, a strong military, integrity in the markets, free trade open to competition etc...

The seamless policy web that defines international relations ultimately is where all ruminations on theses issues come to rest. And this is where Spelunker will burrow and make his intellectual home [U of C].

posted by spelunker @ 7:03 AM