What do you mean no Helicopters and McNukes?

In usual fashion I have come across some inspiring material to write my own article on. I’ve been thinking recently about what the ends of a libertarian party or movement would or should be. In this blog I consider the means of getting there. I’m always pushing steps toward a libertarian society. These steps seem to never make any progress. I have always viewed the libertarian society as an idealist notion. I think to some degree its true. On the other hand, I feel like its entirely possible that a libertarian society is achievable. The problems are numerous and the solutions are few. One main problem and probably the biggest one is the lack of education of outsiders on the libertarian values and beliefs. People tend to misinterpret or misunderstand what libertarians stand for and what we want to achieve.

I’ve recently said on social media that I believe I’m in the minority of libertarians that believe that achieving the ultimate goal of a libertarian society will come instantly once it happens. I feel that many libertarians, anarchists, anarcho-capitalists think that once we overthrow the current government then we can just easily transition to that libertarian society that we all agree is the goal. I don’t believe its so easy or fast. I think there is a number of factors to consider about means and ends of libertarianism.

The first and foremost is that the way to change the government is to vote for politicians who hold the same beliefs, values and morals as libertarians.  We can all agree politicians of this caliber don’t exist right now with the exception of Rand Paul, maybe. After voting for Gary Johnson in two consecutive elections I have realized that we are going too big. (Nothing wrong with him, just a walking meme.) We need to find libertarian congresspeople. I know of 3 libertarian leaning congresspeople, Rand Paul, Thomas Massie, and Justin Amash. Once we can turn the Congress into a majority of libertarians then we can work on the white house.

The second factor is education like I mentioned before. A lot of people have misconceptions of libertarians. Even I used to subscribe to these common myths. For example: Libertarians are both Republican and Democrat because they support a little of each. It might be true that we hold similar positions but we are actually against both parties. The two main parties are a snake with two heads. They don’t care about you. They care about their interests and their money! We need to educate the masses on libertarianism. The essential thing is liberty and freedom. The government shouldn’t play much if any role in our everyday lives. The government doesn’t need to over regulate and get involved in everything we do. The government doesn’t need to tax our hard earned income. For over 100 years, the US government collected no income tax. Who will build the roads? Private corporations that need to ship things by truck. Businesses that need to drive around. My point is that if we can educate people then eventually will lead to more people accepting and more importantly voting for libertarians.

The third factor of the means is simply cohesive-ness among libertarians. We have to unify our ideas. I know we all agree on certain things. But we have to compromise on other things. Example: Abortion. One of the hottest button issues because there is no stasis for argument. Pro Life or Pro Choice? For me, I’m torn between both because choice is guaranteed by the 14th amendment. Yet I’m also catholic so I can’t possibly support the killing of something that is alive. My position is Pro-Adoption. It gives a choice and saves the life of the baby. Also there are many parents out there who can’t have kids. My point here is that a compromise takes a little bit from each side and makes palatable to everyone. Compromise is something that our country was founded on. I strongly believe we should get back to that.

The forth factor is concerning the ends. I find it hilarious but helicopters and McNukes are a standard must have in any libertarian society. But lets all be honest its a little far fetched. I do believe that no taxes, open carry (guns), NAP and very small government are possible to have. I think we all have to be realistic about the ends. The ultimate goal is for everybody to live their life without the interference from government. But I think we miss the point that libertarian is also one of the most charitable types of societies. Its not fake charity like socialism and communism. In a libertarian society, you would give to the poor, give to the sick and give to government if you felt like it was worth it. Thats the wonderful thing about it, its your choice to give your money or not. Government is ineffective at helping people. But there is a million examples of where everyday people throw their support at something and get it done without government.

My conclusion is that we need to educate, vote, come together and be realistic about our ultimate goal of a libertarian society.  We can do it all once too. My inspiration was an article that basically said no more Libertarian party but we need a movement. In order to achieve a movement, we have to educate people on the benefits of joining this movement. We have to vote in politicians who reflect our positions. Its not going to be easy. The steps towards a libertarian society will be methodical. All I hope is that I see this libertarian society come to fruition before my time is up. I’m still young so I got hope.

Just remember kids, Taxation is Theft.

Thanks For Reading!



Hiatus Break: Audit The Federal Reserve

Have you ever gone shopping like at the grocery store or for clothes? Any time you go shopping at a place on multiple occasions you probably notice prices change over time. This could be due to any number of factors. I feel like at the grocery store most people have a certain amount of money they like to spend. I know that I do and even with clothes shopping, my wife and I usually set a limit. If you’ve ever felt like every year you go with that set budget you buy less stuff, then you have felt the effects of the federal reserve. So you have to ask yourself did prices go up or did the buying power of my money go down? The answer is probably a combination of both.

If you haven’t read the title or guessed yet this post is about auditing the federal reserve. Now many people have absolutely no clue what this is or what it does. The federal reserve is a private, central bank that regulates our monetary policy here in the US. It is not controlled by the US government. Although the President is able to appoint the Chairperson of the Fed and the other heads in 11 cities around the United States. All of the appointments have to be approved by Congress. This is the only role that the government plays.

The current Fed Chairperson is Janet Yellen whose term is up. This means Donald Trump has to appoint a new chairperson. His selection matters greatly for us. I don’t care who Trump picks but whoever it is, has a big responsibility.  The Federal Reserve controls interests rates, money circulation, debt, bonds,..etc. They tell the US mint how much money to print. They set the circulation levels of the denominations. Keep in mind they have a lot of power without much supervision.

So why Audit the Fed? Well, one of favorite Senators Rand Paul has been saying this for years. The problem with the federal reserve that Rand Paul and others see is that an institution with unlimited power that has no accountability to anyone is a dangerous institution. Do your own research but here something that I learned by reading up on this. Before the 2008 financial crisis the federal reserve not only SAW but actively IGNORED the housing market bubble. They literally just WROTE IT OFF like nothing. The Chairperson of the Federal Reserve at time, Ben Bernanke just flat out denied that it was nothing but aberration!

Then during the crisis they did nothing.  Just a quick reminder that everyone employed by the Federal Reserve is very smart most of them with Ph.Ds in economics. These so called “economic geniuses” failed to act in the face of major crisis that saw trillion of dollars lost and millions of families affected. People lost their houses, lost their retirement and their jobs. Did the Fed suffer any consequences? Nope. Somehow they are still allowed to function!

Auditing the federal reserve would mean accountability. We can’t let them devalue our money and ignore possible crises that could affect millions any longer! We need to hold these professional bank robbers accountable for their crimes against the USA. Auditing the Federal reserve is just the beginning. After we find that they have been fucking us over, we have to get rid of them. Ever since 1913, when the fed was established, we have been getting screwed over by their monetary policies.

Trust me, every day people like me and you are screwed by these pompous assholes. They devalue the dollar on purpose. They decrease your buying power. Why do you think that 30 years everything was cheaper? I can remember growing up and my parents both had steady jobs. Luckily they never got laid off or fired until this year. So we always had a steady income. The financial crisis hit. We went from shopping at Hannafords which isn’t super expensive but its pricey. We started shopping at Audi’s which is much cheaper in comparison. I didn’t realize it til later but the financial crisis drastically decrease my parents buying power. Thankfully we never starved.  But imagine the price paid by poorer families who could barely get by in the first place?

The federal reserve is an evil institution. It cannot be trust. We need to end the Federal Reserve. I hope whoever is picked as Chairperson agrees to an audit which will inevitably lead to ending the federal reserve. Thanks for reading. Please tell your friends and share this post. #EndtheFed #AudittheFed Let’s spread the word.


Hiatus Break: Big Picture Policies

Once again, I have been inspired to write. This time its because I witnessed a discussion in a class that I’m taking in college (Occupational Therapy Assistant is my major).  The class is a community health lecture. I expected to learn about health and how to be a healthcare professional.  Instead I got a lot of political statements that were pretty controversial. Given the fact that it was a health class and not politics 101 I kept my mouth shut. Trust me I was probably one of the few to feel that way.  I won’t even mention what was said but it got me thinking.

When people espouse political views and opinions do they actually think about the big picture? My personal belief is that most of time, people just have beliefs and views in a vacuum with no reference to the realities. I have studied history and politics for years and have learned to think about the reality before choosing to accept a certain view. A lot of times for me, I don’t know about anyone else, but I find myself objecting to the means of political policy not the ends. Typically political views and beliefs express the need for a positive outcome that everyone should want. However, I feel that most of time the means is either impossible, more destructive than helpful or just plain nonsense. I want to give a few examples of policies that express positive outcomes but the means of getting there is just not worth it.

Before I give my examples I want preface it with just a little explanation on my title. Big Picture Policies. I think the title is simple enough to understand because the words aren’t complex. But grasping the big picture of complex and difficult issues is very hard to do. It takes something they rarely teach kids anymore, critical thinking and logic. I know they say that they teach it but the reality is that kids are guided too much and aren’t allowed to have an original thought because education is all repetition and brainwashing. Fortunately, you can break it by studying things on your OWN. Self learning is very important. So when dealing in Big Picture Policies or BPP as I want to abbreviate it, you need to look the realities of your surroundings.

The realities of your surroundings is basically the effect that a policy has on other policies and people. For example, my first example is healthcare. Recently Bernie Sanders is back at again with a universal single payer healthcare system. (changes every week?) So Sanders supports this single payer medicare for all system. Now lets say he get his way and Congress (by some unholy miracle passes a friggin law!!! Unreal!) passes this single payer medicare for all. Obviously the outcome is positive for everyone because they get government subsidized healthcare. But what about the policies affected this legislation? Once again this sounds great in a vacuum but when you start looking around at your surroundings you can see the problems. One of the biggest policies affected is the US Federal budget. This new single payer healthcare cost billions even trillions of dollars. Recently, the national debt went above 20 trillion dollars! Massive debt is never a good thing. Another surrounding affect is the doctors, nurses and hospitals that have to deal with the changes in payments, patient frequency, and increased operational expenses.

Expanding medicare for all would also affect tax policy because the federal government doesn’t just have money they would need to raise taxes. Which directly affects everyone with a tax increase, rich or poor. So you could say it would even affect yourself. Unbelievably many people are just fine with these realities. I imagine they aren’t thinking too clearly about the consequences of massive national debt that is being bought up and held by our enemies and rivals as leverage over US interests.

Okay Garrett, so you made your point the realities are shitty but isn’t healthcare is a right? Glad you brought that up. Healthcare is in fact a privilege that you pay for. Let me explain like this: If you are doctor with a private practice, just imagine you drive a Mercedes Benz and live in a nice house in a gated community. One day the police and someone in need of medical care barge into your practice. The police tell you that this patient requires medical care. You oblige and say is it life threatening? They say no. So you ask for the potential patients health insurance or however they might pay. The patient refuses to give you any health insurance info or money. The police threat to take you to jail. Do you still help this patient? If you still help them would you continue to do for every patient? If you don’t help then its obvious that healthcare is privilege because taking care of patients might be your passion but its also your only source of income.

The point is that healthcare for everybody is achievable but you can’t force it. The government is not good at running things. (Country is a mess have you looked around? Veteran Affairs is government healthcare program and its horrible) I believe that good ideas don’t necessary need to be laws. One easy way of making healthcare for everybody is by decreasing the price. One of the best way to decrease prices is to let the consumers decide which service is the best for the money. This is called a free market system. Also natural competition creates lower prices because companies are competing for business. All it would take on the government’s side is the repeal everything and replacing it with just a few regulations to keep everything fair in terms of monopolies and consumer safety.

This is essentially how I look at every policy and judge it based on how it affects other policies. One of my favorite policies is Universal Basic Income. I did a whole post explaining how it might be implemented. Go read that first. Obviously UBI (Universal Basic Income) is a positive outcome for everyone because every citizen over 18 (non-felon) would receive a monthly stipend from the government. This policy over top of all other welfare programs would quite literally end America because of the massive amount money it would take. Things like inflation and lack of motivation would be huge problems. In my post, I revised it so that it could eliminate some of those problems.

One thing that I didn’t cover or even really think of in that post was inflation. I read something recently that made me go: oh shit! I think the easiest solution is to end the Federal Reserve. This would allow the government to stop printing money and readjust the interest rates and all that. To stop inflation created by UBI, basically no money could be printed and they would have take money out of circulation. By my calculations, the government would put about 500 billion dollars into the economy artificially so they would need remove 500 billion dollars from the currency circulating.

If you don’t know how inflation works then here is simple example: If you and five of your friends each have 5 dollars. You can all go to subway and buy a six inch sub of the day with your 5 dollars. Now lets say everybody gets an extra 2 dollars bringing each person total to 7 dollars. You all go to subway to buy that same exact sub which now instead of costing 5 dollars they raised it 8 dollars. So you can’t afford that sub. Inflation is devaluation of money. Essentially can it occur when minimum wage is raised, more money is printed than is backed up by gold or government bonds or when the government artificially stimulates the economy.  Now you may ask why did subway raise their price by 3 dollars? Well remember if everyone gets a two dollar raise then so do those subway workers. The cost of pretty much everything that is required to run that subway goes up, the workers are paid more so the ownership has to cover those costs. Usually its pass to the consumer because profits might be slim especially if his location has high renting cost.

Once again, this is a very simplistic example. Its much more complex than I explained. My point of this post is that when you espouse political views or beliefs try to think about the surrounding realities. Try to understand that policies don’t just have one positive outcome. You also understand that the negatives of policies might weigh more than the positives for some people. Its hard for people to understand but I’m for affordable healthcare, free college, and personal freedom on every level. However, I’m not a democrat or republican. I want all those things but I want them in a way that doesn’t hurt our future or present. Once you understand the realities and complexities you can come up with solutions to make dreams a reality. Unfortunately, the hardest part will be getting Congress to pass anything, so Good LUCK!

Thank you for reading! Have an awesome day!

Hiatus Break: Minimum Wage doing Maximum Damage

I’m baaaaaack.

I came upon some very interesting news on minimum wage. If you have ever read a post or scroll through this blog you can see that I love to talk about minimum wage. The reason why I discuss it so much is because its the best example of flawed economics and government policy. I know there is a lot juicy political controversies that I could write about but I actually wanted to talk about something important.

A few years ago in Seattle, Washington they decided it was a good idea to raise the minimum wage to 15 dollars an hour. Now personal sidebar note: I will be visiting Seattle this summer and I may even want to move there. I hear its a great city and place to live despite the government’s stupid economic policies. Anyway so its been a few years since Seattle raise its minimum wage to 15. What happened?

In an unsurprising twist of events to anyone knowledgeable in economics this study came out to find that the minimum wage ACTUALLY HURT LOW INCOME WORKERS!!!! WHAT A SHOCK! Here is the link to the study: https://www.washingtonpost.com/news/wonk/wp/2017/06/26/new-study-casts-doubt-on-whether-a-15-minimum-wage-really-helps-workers/?utm_term=.4ea73b51a9f7

Workers lost an average of 125 dollars a month! If you don’t think its big deal then you probably don’t understand how economics works. The explanation of this is pretty simple. In laymen terms: The government artificially increased the wages of the lowest income workers to 15 dollars. Therefore this decreased the value of money. For example if you had 100 workers, and you split them into 5 payment scales.

Scale of salary per 20 workers:

20 Workers make 10 dollars

20 Workers make 20 dollars

20 Workers make 30 dollars

20 Workers make 40 dollars

20 Workers make 50 dollars

Let’s imagine that the government raises minimum wage from 10 dollars to 30 dollars. This would decrease the value of all the workers buying power.  Now 60 workers would make 30 dollars. Because everyone makes at 30 dollars the buying power would decrease for everyone since employers would pass off the costs of raise to its consumers. Any time you raise the costs of doing business you raise the prices and that effectively eliminates any benefit of minimum wage.

You have to understand that buying power is more important than how much money you actually make. This is the point I’m trying to get across. People think that minimum wage lifts you out of poverty. But the reality is that because it sets the floor higher, it just decreases the value people who aren’t low wage workers. It also doesn’t help those low wage earners because the price of goods increase and so do taxes.

I believe the workers should make what they deserve. But I think that businesses and potentially employees are better fit to decide what their compensation is. For example, look at Starbucks. A few months ago they gave their employees a raise in wages by 5 percent. No government urging or anything. That is great. But then a few months later they raise their prices to off-set the cost of higher wages. That’s how it works with minimum wage too.

Honestly I could sit here and give a million examples of minimum wage failures. But to end this post I want talk about the Federal Reserve Bank. I recently read part of a book about the Fed (nickname for the Federal Reserve Bank; look it up).  The Fed controls and maintains the currency of the US. Its not well known how the Fed works or what exactly they do. However, because of their negligence in lowering the cost of money aka interest rates on borrowing money, they essentially caused the house crisis. They also devalued money over the past 20 or so years. The Fed is a purely evil organization, not created to be evil. But with great power comes great responsibility and corruption. The problem is that the Fed is not under the control of the government itself. However, it does work for the government (by printing money).

I really want go in a deep expose of the Federal Reserve Bank. I need to do some more research. I believe that if I can help educate people on this topic maybe we can end the fed and fix the damn money. Inflation and de-valuation of money is causing a ton of our problems today especially for normal everyday people. I’m sick of it.

Thanks for reading! Like and Subscribe if you love it!



Risky Business: Health Insurance and Foreign Policy.

I have to break my hiatus. I cannot be silent on these issues any longer. Its certainly been an interesting few months since I stopped writing on this blog. But I did say I might publish an article or two if I feel really moved. There are two issues that I feel like are quite distressing. Health insurance and Foreign policy are totally different topics. So I will cover them both separately. For heath insurance, I want to discuss the failed Obamacare repeal and replace. Basically I have a way better idea of how to fix healthcare. For foreign policy, it seems that Trump has gone the military dictator route, and it might get us in big trouble.  Without further ado:

Health Insurance:

Everyone has heard about Obamacare. Its pretty much a failure. Even though it gave everyone insurance, the price was way too high. Premiums are going up. Health insurance companies are pulling out. Doctors and Hospitals are getting screwed out of jobs. The website is a mess. Trump tried to fulfill a campaign to replace it and repeal. Its failed too. Although I was not surprised when I saw the garbage they tried to replace it with. I’m young so I didn’t mind the shift of premiums to the older people since I’m young and healthy. However, the problem is the majority of older people are the ones who rely on health insurance the most. The bright spots were that Trump was going to roll back the mandatory clause and penalty. The other bright spot was the clause to keep your insurance under your parents until 26. Other than that it was Obamacare lite. Its almost like when you drink beer. If your in college you go for anything with lite in it because its cheap. Once you become an adult suddenly you can afford some Guinness.

All of this to say that I wasn’t surprised. Of course it didn’t pass. Its not just because the bill was awful either. Trump is inexperienced with Congress. Its all about lining up the votes and that’s something Trump had never done. I like the idea of repealing Obamacare because to me it violates our rights as citizens. The government doesn’t need to babysit us. We should have a choice to get healthcare or risk the consequences. Plus if you can afford to pay out of pocket then insurance is a waste of money. Its especially a waste if you are young and healthy.  So what would I do after I repeal Obamacare. Its pretty simple actually.

Once its repeal, I would write up some regulations, taking some of the good ones that exist already. I would add some new ones. It would change the government’s role in the healthcare business. If you scroll through my blog you would find that I’d do things a little differently with basic income replacing most welfare. This would enable me to privatize medicare and social security. I would continue taking government out of our personal business. The regulations would make so the government watches and monitors prices, monopolies and business practices like pre-existing conditions discrimination. Here are a just a few of the regulations I would enact:

  1. Any under the age of 26 would be able to keep their parents insurance
  2. Pre-existing conditions have to be accepted, no company can turn you away
  3. Insurance companies wouldn’t be allowed to lobby anymore
  4. No more insurance subsidies from the government
  5. Government healthcare website of all different providers (to streamline the sales)
  6. Providers would have to compete for customers based pricing and best coverage
  7. Minimum coverage requirements: like access to doctors, specialists and medications
  8. No mandatory penalties

These are just a few general regulatory things that I would enact. All together it would put the healthcare system into a free market one. The health insurance companies would be force to compete for customers.  This means the provider with the best coverage and price would attract the most customers. There are a lot of health insurances so I would allow some mergers but only for the good of the consumer. Free market will drive down premiums because of the competition element. This is what Obamacare is missing. It may include everyone but the cost is ridiculously high. Those people who can’t afford a basic plan of insurance in the free market would be put on medicare/ medicaid still. Which would be funded by the cut in both welfare costs and military budget cuts (Personnel wouldn’t be cut). Also with the enactment of basic income this will allow everyone an extra 24,000 a year to buy insurance with. If you have a job that is tax-free.

Healthcare insurance is a complicated business. Its risky to mess with it. Pulling back the government is the best way to fix the system. Government tends to make things more expensive. Free market is a better replacement for Obamacare than any alternatives.

Foreign Policy:

It interesting that Trump had almost a knee jerk reaction to the chemical attack in Syria. His bombing was definitely uncalled for but probably didn’t hurt him politically in America. However, the perception around the world is that Trump is a bit of a loose cannon. Trump should tread carefully especially when messing with Russia and North Korea. North Korea’s threat to launch missiles is a little nerve racking because in any scenario, a thermonuclear war doesn’t end well for anybody. Trump should just back off of North Korea because its not worth it. As for Syria, once again you have to be smart. The Syrians and Russians are allies. Therefore messing with Syria is always the best idea.

The good thing is that Russia isn’t as powerful as it was during the cold war. But it still wants to be assertive in its sphere of influence thanks to its President Putin. I think its best just to talk with Russia to keep them in check. Military conflict won’t end well. As for Syria itself, we really shouldn’t get too involved. We already saw what happened in Iraq and Afghanistan. The only type of intervention we need to do is humanitarian. Make sure that innocent people are out of harms way. Accepting refugees is obviously hard to do because of the costs. Also security concerns, just look at Europe with all the terrorist attacks recently. Trump has a tricky road ahead that’s for sure.

I’ll be watching closely to see what happens next here….

I’m not sure when I will post again but probably not for awhile. Thanks for reading!


Mixed Bag: Wrong on Tariffs, Got Hacked?, Garrett for President 2028?

My last post on tariffs was very good if you haven’t read it yet. I just want to make one clarification about that post. Throughout the post, I mention the possibility of plan to make tariffs a bigger source of national revenue. The problem is that I wrote it just trying to educate people about tariffs and thinking after research I could present a plan to help relieve the tax burden. After some research, I’ve come to the conclusion that I was totally misguided. I know that free trade is a great economic benefit for every country. I never proposed doing away with it. I’ve come to the realization that I was wrong about tariffs. I don’t think there’s way to make tariffs viable without starting multiple trade wars or killing off American businesses. The explanation is simple. Its basically a tariff on imports would make many products that aren’t produce here in America very expensive to the consumer. A tariff on exports would create tension between the US and other countries whom export to us. The bottom line is that tariffs in this free trade world just won’t work either politically or economically.

This particular post is a mixed bag of goodies such as the tariff plan which is not happening. I’m going to try to keep short, not sure that is possible for me. (See any other post) I think that first I want to address the Russia hacking. I don’t usually like to give these ridiculous stories that people call “news” any sort of attention. However, its been bothering me. The problem I have with the story is not that Russia tried to hack, or that Trump wanted to them to hack, or even the debate over whether or not its true. There are conflicting reports that the hacking was made up. Whatever the case is, I find it completely ridiculous. The best I came up with to describe it was this unusual status I made on my facebook:

The Russians interfered with my whole life, hacked my SATs scores, college transcripts, my facebook, my old myspace account, and all four of my email addresses. (I lost count actually) Apparently its totally a valid excuse for why I’m such a failure. You want to see proof just look at how big of a loser I am. This my friends is what the federal government and Democratic party are doing. How pathetic and sad can you honestly get? Trump won because people are tired of Obama and his socialist policies that really haven’t worked. They don’t like the increased terrorism and racial strife. I don’t believe that Trump is the solution but blaming your problems on Russia is ridiculous. Trying to start World War 3 is dumb. If I could run for President in 2020 I would, because the only people who seem to be politicians are idiots.

I think that I make a valid point of how this Russia hacking is playing out in the media. I’ve never actually believed anything the media tells me. I would recommend you don’t listen either. As they say: Don’t drink the kool-aid.  I thought I would just share that.

In an unrelated matter, I want point out that I made a half hearted declaration for President in 2020 even though I’m only going to be 30. If you didn’t know you need to be 35 to run for President. In the event that I turn 35 and I decide to run, I promise that my readers will be the first to know. If you are curious, I will be 35 in 2025, and eligible to run in the 2028 election. So uh, mark your calendars. If Trump doesn’t ruin us then I hope I can count on my educated readers for your support. I will be on running on the libertarian platform with a little bit of my own ideas mixed in. Just for fun, lets review my positions:

  • Against Minimum Wage
  • Pro-Adoption (Pro-Choice because 14th amendment and Against Abortion because its killing)
  • Audit the Fed (Reserve) (Hold them accountable)
  • Pro-free trade
  • Cut spending and actually lower taxes (Against raising taxes on anyone)
  • Hold the Department of Defense accountable (military industrial complex)
  • Make Healthcare a free market system (fix regulations)
  • Repeal the Patriot Act
  • Make gay marriage legal everywhere (states rights be damned, gov’t shouldn’t control marriage
  • Make marijuana legal everywhere (kills the black market and raises revenue)
  • Basic Income, see my post, Which also leads to cuts in all of the welfare portions of the budget plus a savings of about 200 billion dollars
  • Invest in infrastructure like high speed rails and roads
  • Pay down the national debt (again extra money from cuts over a course of 10 to 20 years)
  • Pull all troops station abroad and put them on the Mexican Border (Simultaneously, I would institute a streamlined immigration for legal and illegal immigrants basically just giving them citizenship after a background check and psychological evaluation plus for illegals a higher tax rate to ensure they really want to come here. No handouts here. All countries citizens welcome.
  • Slowly end all unnecessary government functions or phase them out because a big bureaucracy isn’t necessarily great in terms of cost and effectiveness. Including but not limited to my own power once I get what I see fit to be done.
  • Eliminate all Federal government regulation regarding education such as common core because teachers know their own students better.

Granted my plan is ambitious but I don’t just win the presidency not to make a major impact. I made this list off the top of my head. I made some vague positions and perhaps in the future I will get to expand on them. If I had to describe my presidential ambitions in a sentence or two I would describe it as:

I want America to be a fiscally smart, diplomatic savvy and self aware as a nation and as a people. Americans have always thrived on their freedom and their ability to govern themselves and that is exactly what I aim to do, is put the control in hands of the people.

I think my plans are simply for freedom and not much else. America has become extreme and its painfully obvious with the election of a person like Trump. I think we need to go back to our roots. People need to read the Declaration of Independence and the Constitution. These are the documents that built the country. I think the words have significant meaning that puts being American in great honor. I also think that we shouldn’t forget our past mistakes whether its invading Iraq or the whole cold war, we should not let history repeat itself. I really don’t fancy getting elected or being President easy. However, I think i would really enjoy working to make a country that I’ve been living in and studying since I was a child.

That’s will do it for this post. I had to address a few things and next post will be more coherent, I promise. Thanks for reading!



Tariffs: America’s Oldest Tax Plan Revisited

In history class, I distinctly remember talking about tariffs. It’s usually something you learn about first especially in American history. The American revolutionaries were unhappy with the tariffs being put on their exports by the British. This is what the revolution started over to a degree. You might not remember what a tariff or tariffs are. The definition of tariff is: tax or duty to be paid on particular class of imports and exports. In other words, a tariff is a tax on imported or exported goods. Every country typically imports and exports goods and services. The goods that are typically exported are those in surplus in that country. The goods that are imported are those which are either cheaper or not in supply in that country. Tariffs have been long a part of the American economy. Tariffs have even long been a part of the government.

In the post, I’m going to first review why tariffs were such an integral part of our nation’s history. Then I want to discuss how we went from a tariff based revenue system to the current system of income tax. After that I want to put forward an idea that seems to have been lost in time. The tariff in the United States was after the revolution used to fund the government. Almost as the sole source of income. Alexander Hamilton had designed the whole system. He set up and got funding for a series of lighthouses and inspection clerks up and down the Atlantic coast. There clerks were to inspect all incoming and outgoing goods. They also had to determine the tariff on each item. They were called Customs Officers. Hamilton became the Secretary of the Treasury and further install his government revenue engine on the back of the Tariff act of 1789. The act is simply explained in its first section:

“Whereas it is necessary for that support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares and merchandise:” — Section 1; Tariff Act of 1789

The tariff is essentially an indirect tax on goods coming and going out of the country. Hamilton saw the huge war debt from the revolution and knew that the US government had no source of income. There was no income tax or anything like that. (Wouldn’t come til 1912, I’ll explain later) So Hamilton being the genius he was, decided to convince President Washington to take out a loan and install the customs system (Tariff Act). He argued in one of many papers that America need to build credit. If you have a credit card or student loans like me then you know that building credit is paying off your debt. Hamilton’s system allowed the US government build credit, in fact one of the best credit ratings in the world for many years. Not everyone was on board with the plan. People like Thomas Jefferson and James Madison. However, they couldn’t stop Hamilton’s plan because war debt was owed to France and other creditors. The US didn’t have many options at that time.

So tariffs were the main source of income from 1789 to about 1911. The US government added liquor taxes, postage taxes, corporate taxes, tobacco taxes and the Panama canal as other sources of revenue. In 1912, tariffs made up about 20 percent of the income of the government. In 1913, the government passed a law that changed the source of US government forever. The law called the Revenue Act of 1913 or the Underwood Act was passed to impose an income tax and lower tariff rates from 40 to 25 percent. This marked the end of tariffs making up a significant portion of US government income. This act was possible by the newly passed 16th amendment. (For another post, the 16th allows for income tax under the direct taxation requirements in the constitution, which was previously ruled unconstitutional by the Supreme Court) Since 1913, our tariff income has only been about 1 percent of revenue. This figure is according to this website here, it also breaks down the tariff income based on type of good. All in all, 2013 saw about 30 billion dollars of income. This is compared to 311 million in 1912. In 2016 dollars, that tariff income would be about 7 billion. Obviously, since the early 1900s the conditions of the economy and our government budget has exploded.

You might be asking yourself but isn’t 7 billion dollars in 2016 or 2017 (Happy New Year) like chump change for the US government whose budget is around 2 or 3 trillion dollars. My answer would be yes. However, if you look at these numbers in terms of percentage and scale then you can imagine a viable tariff system for 2017. Remember tariffs made up 20 percent of the 1912 budget. Now tariffs make up 1.7 percent approximately in 2013. So lets say for argument that our budget under President Trump is 3 trillion. Trump decides in order to cut taxes he needs to increase revenues. (In some alternate logical world) So Trump orders an increase on tariffs. His cabinet comes up with about 600 billion in tariffs or about 20 percent of the budget. I think that 600 billion dollars is a pretty nice chunk of change. Imagine what that could pay for? Social Security? War? Food Stamps? But what would those tariffs look like?

Obviously to understand the role of tariffs, you need have an understanding of the global economy. I think its obvious that the world is complex. A significant part of an economy is trade. The trade between two countries or more is essential because it allows scarce resources to be spread. It also widens the markets for such goods. Its been in the news a lot lately about all the trade agreements. These agreements in a basic way remove the barriers and allow trade to flow freely. One of those barriers can be tariffs. There are two types of tariffs. Import tariffs are a tax on goods that imported from other countries. Import tariffs are often seen as protective to a country economy. This was the primary tariff beginning in 1789 because it (artificially) protected the US economy. Export tariffs are a tax on goods being exported to other countries. Export tariffs are typically seen as way to limit the exports of a certain good. For example, if oil became very scarce then the US might want to put a high export tariff to help curb the sale of oil abroad and keep here in the US.  (An export tariff would increase the price of oil outside the US)

I believe that introducing a new tax plan including tariffs might be beneficial to the US. I think you have to carefully consider what to put tariffs on and what kind of tariffs. But its definitely a source revenue that is not used as it once was. Now we rely on income tax so heavily, its crushing many Americans. Its a liberal fallacy to think that you can tax your way out of poverty. Its an irony. Taxes create more poverty than eliminate. I think I need to do another post on the subject of trade because this post is merely just one part of it. I need to do some further research before I offer any specifics on what a tariff revenue might look like. So I will leave this post as to be continued, my next post will try to figure out how to successfully incorporate tariffs into a free trade world.

Thanks for reading!