One thought on “Awake Florida Cartoon

  1. Three reasons Why $cott’s plan will fail.

    $cott named three targets that he wants to change to make jobs; taxation, regulation, and litigation. Seems like we have heard this before. Let’s take a moment and see what happened in the past with these ideas.
    Taxation: He proposed the idea to relax corporate taxes so that companies would want to come to Florida. So, what we have here is a decrease in State revenue in a time when State revenue is strained. Could you really run a business by cutting your revenue when you can hardly pay your bills? Isn’t this the mistake that the Bush revenue cuts did to set the deficit in the wrong direction? When things are good, don’t most investors save up for the lean times? Here we have a business man who wants to run the state government like a business and yet cut its revenue sources in the worst time. Now, when and if the corporations do come, and they don’t pay corporate taxes, then who is the burden going to rest upon? The workers who work at these new jobs? This scenario in not new.
    Regulation: This is another term for ‘free market’, which means unregulated market. It is a libertarian concept resurrected under the tea party movement. Tea party enthusiasts want to eradicate big government for fear of totalitarianism, but they fail to see how the gross deregulation of trade would lead to a different, and more dangerous, kind of totalitarianism: market totalitarianism. If the government had no authority to break up monopolies, how long would it be before the biggest telephone company bought out its competitors? Then bought out all the cable companies? Then bought out all the radio stations and magazines? And then how long would it be before the richest oil company bought this mega media/communications company? Eventually, we’re left with a single company that solely controls the distribution all of the things we need and want. They could charge whatever they pleased, leaving one single rich corporation at the top and an entire nation of oppressed masses struggling in the dirt.
    The main problem is that these people see the free market as an inherently stable entity, something that it regulates itself via supply and demand. This is old and inaccurate thinking. The free market should not be seen as a perpetual balancing act, but as a long, brutal tournament. Producers constantly compete against each other for market share. These competitions are sometimes to the benefit of the consumer, sometimes not. Either way, it is a constant series of battles, and the end result—if left unregulated—would be one mega-powerful winner left standing. This huge “winner” corporation, being the only entity with any significant resources to its name, would in effect become the new government.
    Litigation: This is another name for tort reform, which means to reduce ‘frivolous’ lawsuits to protect the medical team. So who do you want to define frivolous, the courts or the legislatures? Especially when the legislatures are funded by special interest groups? Now suppose this law were in place. Do you think that the savings would ‘trickle’ down to the client? When have you ever seen a savings passed to you from the medical establishment? Don’t you think they would instead buy another vacation home, another tennis court, another cruise? There is an English word in our language called ’greed’. It is the dam that stops trickle down. Rather, the trickle are the rivulets from the middle and poor classes that flows to the oceans of wealth held by this group, so tort reform only makes the rich richer and poor poorer.
    In summary, what we have proposed to us is a new label for the same old reagonomics, or voodoo economics, as quoted by George H. Bush.
    Did the theory work? Hardly. Rather than putting their money into jobs, research or equipment, the country’s biggest businesses went on the largest merger binge in history, buying up smaller companies in a trend that spelled less competition, less productivity, and more control of the economy in fewer hands. Multi-billion dollar corporate war chests were assembled to finance takeovers of large oil and coal companies, communications giants, and prestigious financial institutions.
    People, we have been through this before, do we have to do it again? Will they ever learn?