Friday, July 10, 2009

Exercise machine economics...

Instead of the “redistribution of wealth” program that the government seems bent upon, I think it would be better (and less red tape-ish) if everyone was forced to have a yard sale once a year.

The yard sale prices, would, of course, be less than retail and designed to get rid of stuff at a quick rate. The new law would require that each person sell 17% of their stuff at no more than 25% of the price, which is a better deal that Uncle Obama is going to offer you.

The poor wouldn’t have much to sell and the 17% plan wouldn’t cost them much.

The rich however, would be giving away their stuff to those who could afford it at 25% of the price, i.e. the middle class. The poor would then take advantage of the deals offered by the middle class.

This would do away with the tax code…what you get is what you get but you have to sell 17% of what you own each year…therefore (to not run out of stuff) you’d need to keep buying things and that would help the economy and the manufacturers of new stuff.

There would be new jobs as people would be hired to go around and make sure you are indeed selling 17% of you stuff.

There’d be a run on folding tables and chairs, those labels you use to price stuff and large cardboard signs and felt-tip markers. And sticks to put them in the ground with directing them to your site. Heck, the media might be able to get involved.

And we'd all get to know one another as a blenders and lawn mowers made their way around the county.