4/18/09 11:25 pm - Economics Party
http://dilbertblog.typepad.com/the_dilb
It should come up right from as the most recent entry from the old site. In particular, the economics party.
Oh god, yes, sign me up.
And to think, I thought my political desires were rebuffed by all modern parties. If only it was real. *sigh*
Yes, yes, I know the Libertarian party is very close, by they went with Bob Barr as their most recent candidate. Really? Bob Barr? Can we get anyone more obscure, right-wing, or just plain annoying? It would be like if the Republicans went with Ron Paul.
But. Now I digress. The Economics Party. One which uses the tools of economic analysis upon which to base their decisions for proper governance; as such, one could also call this party the reason or logic party. (Heaven forbid modern politicians use reason or logic.)
Some example policies:
1) Legalize marijuana, tax it heavily.
Reason: The costs in trying to prevent it greatly outweigh the benefits of not having it. I mean, we'll always have stoners, and if anything, legalizing it just further helps your local Taco Bell bolster sales at 2 AM. That's called a positive externality
2) Legalize gay marriage
Reason: Is there any benefit to having it outlawed like it does? Even if it was, does it really outweigh the cost of disenfranchising some 7-10% of the population? Let alone the whole idea of, you know, removing the freedoms of a whole set of people.
3) Simplify the tax system:
Reason: The costs of a complicated tax system greatly outweight a streamlined one. Honestly, just take a razor to it, and chop away all the credits and deductions out there, and just keep the standard deduction. It's /so/ much better. Even better, just have no income taxes for anyone making under $30,000 or so (they'll never pay any anyway), and progress it from there, maximizing it at about 40% for the 1% of wealthiest Americans. In addition, just put capital gains and interest into regular income... keeping it seperate just adds extra clerical costs.
4) Deregulate.
Reason: With regulation comes inefficiency. Does this mean we should just let companies go hog-wild? Of course not. But you also shouldn't be working towards the Ayn Rand-esque form of economy so many people want now. Honestly, if you look at the current crisis, a lot of the 'excesses' were due to government policies. Subsidize homes? Of course! Forget that it'll cause a giant bubble. That, and, guess what... companies fail in recessions. It's what happens. LET THEM FAIL. But, that's another rant.
5) Force a running average balanced budget, with a forced reduction of government debt.
Reason: ... No duh. Interest costs for the government are growing higher and higher, and as we get more in debt, this will continue to rise. This isn't a bad in the short-run, but it's a problem long-term. Why? We could be using that money for a lot of other, better things, and it 'crowds out' other players in the loanable funds market by driving up interest rates. Not a permanent balanced budget, but one that's forced to offset temporary deficits with surpluses in later years.
