The Outrageously Simple Solution To All Our Economic Woes

Yesterday I was reading an article about how a poor small business owner was being forced to close owing to the fact that they weren’t making enough money…

Now let me be quite clear here: In spite of any accusations to the contrary, I am not a communist. I am – in fact – a capitalist and a firm believer that the market is the perfect solution to all our economic problems, so it quite surprised me that the paper would give such sympathetic treatment to a couple who couldn’t make a profit when it’s the Darwinian survival of the fittest that gives us the strong economy that we have and this is why taxing people who are successful is wrong because it just discourages them from making more money than several countries and makes them decide that they’d be better off taking advantage of the generous payments to the unemployed, rather than earning several billion dollars only to pay nearly half of it in tax.

But I only had to read a few paragraphs before I discovered that their problem wasn’t the result of poor decisions. The final straw was the increase in the minimum wage. Yes, if only people were prepared to work for less and didn’t demand to be paid the sort of amounts that would enable them to experience the sort of luxuries that only the rich had in days gone by. You know the sort of things: a car, a phone, television, heating, etc. Some of them even expect to be the sort of people that own property such as their own home which, a couple of centures ago, was a prerequisite for having a vote. Let’s be quite clear here: things started going downhill after the granting of universal suffrage.

However, later in the day, I read another article which confused me even further. Another small business person was complaining because people weren’t spending. He was quoted as being worried that the cost of living meant that people couldn’t afford to buy as many vinyl records from his store owing to the cost of living pressures and that whereas once they were buying three or four, now they were simply choosing one because they preferred to eat.

It made me think.

So, I pondered, even though giving people more money in the form of their wage or salary may send some businesses broke, it might be better if the working people of Australia had enough to at least buy a few items beyond subsistence level.

Hmm, yes, capitalism does actually rely on having consumers who have money to buy things as well as having workers who are prepared to work for not much at all so that the owner can make a profit.

It didn’t take me long before I realised what I was missing: The current problem is all the fault of the government! They are taxing us far too much.

I took to social media and, sure enough, there were dozens, possibly thousands of people who agreed with me. And so I proposed the outrageously simple solution that would solve the problem. Stop the government from taxing us.

Of course, there were the obvious woke lefties that seemed to think that having schools and hospitals was something that we needed but surely they’d be better if we adopted a user pay system where, like the USA, if you needed hospital treatment you could just sell your house or one of your children.

However one responder pointed out the problem with abolishing taxes. Apparently giving everyone more purchasing power could lead to excess demand which would put pressure on inflation leading to an interest rate increase.

I guess that I’ll have to put some thought into what we do about that before I take my solution to one of the political parties that would have the same sensible outlook that I have.