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Lawrance G Lux

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Member Since: Jul, 2001

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Books
· Forms of Taxation

· In Search of the Perfect Economic Matrix

· Budget Considerations

· Terrorism, Ethics, and Modern Society

· Inflation: Roots of Evil

· CRIME AND PUNISHMENT: NEW STYLE


Short Stories
· Space Mercenaries

· The Christmas Season

· Slawn Green of Bellowed Wood--Unedited much

· Parable


Articles
· Work Station Mechanics

· Economic Forces Preface

· SHORT ANALYSIS OF KEYNESIAN STIMULUS

· The Coming Political Campaign

· Benefits of Trade

· Tax Cuts

· The Gap Between Bush Claims and Reality

· Bush Economic Policy

· Understanding the Productive Process

· Consumer Demand


Poetry
· The Toothless Carnivore

· Foul Wind Blows

· Conceit

· The Trail Ends Here

· The Laughter of Life

· Here Stands the Devil

· Name the Risk

· Dark Moments

· The Land Alone

· Thought

         More poetry...

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Books by Lawrance G Lux




Blogs by Lawrance G Lux

Post-Election
10/21/2004 10:06:21 AM    [ Flag as Inappropriate ]

It does not really matter which Candidate wins in the American political process, as both will be faced with a give set of problems and issues. How the Winner will deal with this matrix, will determine his place in history. This is an article based on the problems, and some possible projections.


We have a Budget Deficit, a Trade Deficit, and a military personnel shortage. This combines with hyperinflation levels of health care price increases. We are facing increased Energy costs, a slowing economy, and Unemployment is edging upwards as the economy sheds Jobs. Foreign purchase of U.S. Treasuries is declining, to the point that the Budget Deficit will not be covered by next June, if the current rate of nonpurchase continues. What does it all mean?

The Economy is tanking, though it is not obvious yet, and disputed by most Economists. Imports are increasing, and domestic manufacturing is still declining, though some Economists insist some recovery has been made. They can do this only by assessing Dollar amounts, not actual Product produced. Whenever foreigners fail to pick up the Deficit of Government spending, the Dollar will devalue. Government will have to cease spending in excess of revenues at that time.

Dollar devaluation can be a misnomer to those uneducated in Economics. What it actually means is the Imports We currently consume will become a lot more expensive. We will pay $15 for that shirt from China, instead of the $10 We do today. Complete failure of foreigners to pick up the Deficits of both Government and Trade could mean that Toyoto costs the same Dollars as that Cadillac.

The new President will have to raise taxes, or cut Government expenditures, or both. He will have to get Us out of Iraq, or institute a Draft. He will reign over an Economy which is transferring from Imports to domestic products, as Imports become too expensive. He will have to advocate a national health care system, as escalating health care costs prohibit private consumption. All Pensions will have to be absorbed by the Government, as Accounting for Pension benefits is destroying Business and Corporate profitability. Domestic unemployment will cure itself, what with the rise in the cost of Imports, as well as an instituted Draft. Failure of the President to work on these things will mean complete breakdown before 2009.

Most will call what I have written here as Doomsaying, but it is not; I think this is the best opportunity the American economy has had since the end of WWII. Resoulation of these Issues efficiently will lead to a stronger, more viable United States, less dependent upon the World for it's basic maintenance, while being a good Trading partner.

Copyright.LawranceGeorgeLux2004


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More Blogs by Lawrance G Lux
• Spending Plans - Wednesday, May 25, 2011
• Alternate Blog - Thursday, November 18, 2004
• Tax Proposals - Monday, November 08, 2004
• The Election Result - Wednesday, November 03, 2004
• The Osama Tape - Saturday, October 30, 2004
•  Post-Election - Thursday, October 21, 2004  
• Pre-Election Issues - Sunday, October 17, 2004
• The Debate - Friday, October 01, 2004
• Effect of Outsourcing - Wednesday, September 29, 2004
• Current Economic State - Tuesday, September 28, 2004
• Congress Continues to stick their Heads in the Sand - Wednesday, September 22, 2004
• August Economic Indicators. - Thursday, September 16, 2004
• Best We can Get. - Monday, September 06, 2004
• I smell a Rat. - Friday, September 03, 2004
• Compassionate Conservativism - Thursday, September 02, 2004
• Bush Has Lost Florida - Sunday, August 15, 2004
• Labor--Further Information - Saturday, August 07, 2004
• The Labor Market - Monday, August 02, 2004
• Construction of Fantasy - Saturday, July 31, 2004
• Presidential Responsibility - Sunday, July 11, 2004
• Minimum Wage - Tuesday, July 06, 2004
• The current Economic Problem - Saturday, April 03, 2004
• Eat Crow--Maybe - Friday, April 02, 2004
• New Employment Figures - Thursday, April 01, 2004
• Recession Dating - Saturday, March 06, 2004
• Greenspan Misread It! - Monday, February 23, 2004
• Trade Deficit and Job Growth - Saturday, February 21, 2004
• The Tax Issue - Monday, February 16, 2004
• Productivity Gains and Job Growth - Thursday, February 12, 2004
• Labor Report - Friday, February 06, 2004
• Defense and Homeland Security - Wednesday, February 04, 2004
• Bush Budget Estimates - Saturday, January 31, 2004
• Deficit: Brokings Economic Studies - Thursday, January 29, 2004
• Pension Relief - Thursday, January 29, 2004
• $477 Billion?--What a Joke! - Monday, January 26, 2004
• Income Inequality - Sunday, January 25, 2004
• Revisionist Economic View - Saturday, January 24, 2004
• Economic Data Distortions - Thursday, January 22, 2004
• State of the Union Address - Wednesday, January 21, 2004
• Consumer Confidence - Friday, January 16, 2004
• Consumer Debt - Monday, January 12, 2004
• Job Stats - Monday, January 12, 2004
• Job Picture - Friday, January 09, 2004
• Interest Rates - Sunday, January 04, 2004
• Playing with the Numbers - Saturday, January 03, 2004
• Mad Cow - Thursday, January 01, 2004
• Year Review - Wednesday, December 31, 2003
• HALLIBURTON - Monday, December 29, 2003
• Nafta and the Economy - Saturday, December 27, 2003
• Ouestions? - Tuesday, December 23, 2003
• Deafening Silence - Sunday, December 21, 2003
• Multiemployer Pension Plans - Tuesday, December 16, 2003
• Natural Gas Prices - Saturday, December 13, 2003
• November Sales Increase - Thursday, December 11, 2003
• CBO Monthly Report - Monday, December 08, 2003
• The way is goes. - Friday, December 05, 2003
• Revised Numbers - Friday, December 05, 2003
• Jobs - Thursday, December 04, 2003
• New Information - Sunday, November 30, 2003
• Latest data - Saturday, November 29, 2003
• Making Sense of the Economic World - Monday, November 24, 2003


Simply From My Heart by Sherri Smith

Poetry dedicated to my dad John E. Sheppard...  
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