Re: Subsidizing the consumer.

["John B. O'Donnell" <jackodonnell@xxxxxxxx>]

Harry Veeder wrote:

<<SNIP>>

> Nobody on this list seems willing to entertain the
> possiblity that a controlled and consumer oriented
> injection of new money (freshly "minted") is a
> viable tool for correcting gross inequities in
> wealth distribution. Call it a consumer subsidy.

<<SNIP>>

>From a social engineering perspective, I think a
> system of consumer subsidies would be a good
> corrective measure. The real problem is not the
> price system or even the money system, but our
> political system.


There are several including me that see a distribution of a consumer
subsidy as beneficial. We do, however,  arrive at the conclusion by
different routes. My approach is based on causing economic growth and
only coincidentally [But, effectively.] reducing distribution inequity.
The arguments here would be a bit much to present on a mailing list, but
any interested can find them in "Three Steps to Economic Freedom" on my
web page.

			-- jbod
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