Finance III
Manufacturing takes raw materials and turns them into something mor valuable, thus adding to the net worth of the country. On the other hand, a service economy is like a poker game where six people sit down at a table to play poker, each with fifty dollars. No matter how long they are at the table playing there will never be more than $300. Unless money is borrowed or brought in some other way, the $300 cannot increase. Some of the six will gain, some will lose and some will go broke. That is what is called redistribution of the wealth. Now let us name the table "government". We now have to pay the table (government) a table fee (taxes). Let us make the table fee fifty cents per pot. If twelve pots per hour were played, it would take just over eight hours to transfer the wealth of one person to the table. Keep the game going long enough and probably only one or two players will be left with money, the rest will be held by the table. Now the table can give some of the other players a portion of their money back for just a little loss of liberty, just a little control over them. Think about all of the sevices you now pay for that did not even exist a generation ago. Cable tv, internet, cell phones, sattellite tv, and on and on. then there are the services we have always paid for: phone, electricity, gas, etc. More and more of our money is going for services and the taxes on them. These taxes are being charged on services where there is no increase in value. This is what is sucking this country dry and making it ripe with fasciunism. People are paying so much for services and taxes that they actually NEED the handouts the government promises, and they reluctantly give up a few freedoms and liberty for these handouts. This allows the fasciunists to pass laws like the so called patriot act, which is about as unpatriotic as any law passed. However, it is a fasciunist's dream.
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