RAY ANTLEY FOR PRESIDENT
Thank you for being interested in our movement to double the salaries of Americans. China has over the last 20 years increased their economic output per capita by 9% per year leading to a six fold (600%) increase in economic output. If we do the same over 8 years we will with compounding double our economic output per person. This won't be easy, but it is a worthwhile target at the upper limit of what might reasonably be achieved.
Hello, my name is Ray Antley. I'm running for president because I want to double your salary. I know that sounds radical, but really that's what the American people deserve. It's what you deserve.
You see, the American people have been oppressed by corporate interests that are putting your wage on the world market with no protection. That's why real wages are down 10% since 1973. That's why our national debt is 18.2 trillion dollars. In the 24 years before 1973, wages doubled. If with enlightened leadership wages continued to increase at 3% per year wages would have tripled in the 40 years since 1973. If you make 14,000 dollars per year, the minimum wage, you would be making 42,000 per year. If you make 30,000 per year, you would be making 90,000 per year. If you make 90,000, you would be making 270,000.
Climate did not fail us.
Science did not fail us.
Our leaders failed us.
There are two main forms of capitalism. The first is Free Market Capitalism. The second is a National Capitalism which regulates trade flows.
Free Market Capitalism, English Capitalism, is the capitalism of empire. How can you tell if the American empire is for you? Do you run a transnational corporation producing goods in a foreign workshop and selling them in the US with an offshore bank account. If so, this empire is for you. If not, it's not. The empire has racked up 18 trillion dollars in debt. That's 60,000 per person, 127,000 per job, 254,000 per job good enough to produce revenue to pay off the debt. Unfortunately, the Empire has spent the social security trust fund. That leaves us with an unfunded liabilities of 100 trillion dollars when the baby boomers retire- multiply the above numbers by 5 for a quick dashboard look at the hole in your bank account.
What I am advocating is a return to The American System- a national capitalism where revenue comes from tariffs rather than payroll or income taxes.
This was the capitalism advocated by Alexander Hamilton, George Washington's treasury secretary. Hamilton, in his 1791 Report on the Subject of Manufactures advocated protecting American industry with large tariffs and using the revenue from the tariffs to pay for the cost of government and infrastructure. Using revenue from tariffs Andrew Jackson paid off the national debt in 1832 after the country had two wars with England (the most powerful country on earth at the time) and purchased Louisiana (doubled the size of the country). In clear contradistinction our present debt of 18.2 trillion dollars after wars with the fourth rate powers Afghanistan and Iraq is an underwhelming performance.
The American System was advocated by Henry Clay in the early 19th century. It was thoroughly implemented by Abraham Lincoln during the Civil War with a tripling of the tariff. It was the American policy until WWI. It nurtured national greatness. Under the protection of the American System, the United States became the dominant economy on the planet.
The Chinese have been implementing a national capitalism. Since 1993 their economic output per capita has gone up by a factor of 6 (600%).
Over the same period of time our output per capita did not grow 600%.
It did not grow 100%.
It grew 34% (.34). The Chinese have grown 17.6 times as fast as we have over a period of 20 years.
If there was a NFL football coach whose teams were outscored at a rate of 17 to 1, he would be fired. Other coaches would be studying the Shanghai offense. How we organize the national economy is more important than a football coach, and yet we are strangely complacent in the face of catastrophic under performance.
Adam Smith speaks of an invisible hand producing rapid national growth. If he were correct in his analysis, we should see these positive effects. Wages (inflation adjusted) in the US economy have been stagnant/ slowly declining for the past 40 years. 40 years of failure is enough. Let's put it another way. If for a period of time a shoemaker carefully cuts out leather for shoes, and every night they are assembled into beautiful shoes while he sleeps, it might make sense for the shoemaker to stay up and see if there are magical elves with invisible hands helping him. If, on the other hand, for forty years a shoemaker carefully cuts out leather for shoes, and wakes up every morning and has to assemble them on his own, it would be the height of folly to expect the elves to show up next week to take him to the top of the shoemaking world.
To double your salary, I need your help. I need your vote and support. Thank you for your time.
You see, the American people have been oppressed by corporate interests that are putting your wage on the world market with no protection. That's why real wages are down 10% since 1973. That's why our national debt is 18.2 trillion dollars. In the 24 years before 1973, wages doubled. If with enlightened leadership wages continued to increase at 3% per year wages would have tripled in the 40 years since 1973. If you make 14,000 dollars per year, the minimum wage, you would be making 42,000 per year. If you make 30,000 per year, you would be making 90,000 per year. If you make 90,000, you would be making 270,000.
Climate did not fail us.
Science did not fail us.
Our leaders failed us.
There are two main forms of capitalism. The first is Free Market Capitalism. The second is a National Capitalism which regulates trade flows.
Free Market Capitalism, English Capitalism, is the capitalism of empire. How can you tell if the American empire is for you? Do you run a transnational corporation producing goods in a foreign workshop and selling them in the US with an offshore bank account. If so, this empire is for you. If not, it's not. The empire has racked up 18 trillion dollars in debt. That's 60,000 per person, 127,000 per job, 254,000 per job good enough to produce revenue to pay off the debt. Unfortunately, the Empire has spent the social security trust fund. That leaves us with an unfunded liabilities of 100 trillion dollars when the baby boomers retire- multiply the above numbers by 5 for a quick dashboard look at the hole in your bank account.
What I am advocating is a return to The American System- a national capitalism where revenue comes from tariffs rather than payroll or income taxes.
This was the capitalism advocated by Alexander Hamilton, George Washington's treasury secretary. Hamilton, in his 1791 Report on the Subject of Manufactures advocated protecting American industry with large tariffs and using the revenue from the tariffs to pay for the cost of government and infrastructure. Using revenue from tariffs Andrew Jackson paid off the national debt in 1832 after the country had two wars with England (the most powerful country on earth at the time) and purchased Louisiana (doubled the size of the country). In clear contradistinction our present debt of 18.2 trillion dollars after wars with the fourth rate powers Afghanistan and Iraq is an underwhelming performance.
The American System was advocated by Henry Clay in the early 19th century. It was thoroughly implemented by Abraham Lincoln during the Civil War with a tripling of the tariff. It was the American policy until WWI. It nurtured national greatness. Under the protection of the American System, the United States became the dominant economy on the planet.
The Chinese have been implementing a national capitalism. Since 1993 their economic output per capita has gone up by a factor of 6 (600%).
Over the same period of time our output per capita did not grow 600%.
It did not grow 100%.
It grew 34% (.34). The Chinese have grown 17.6 times as fast as we have over a period of 20 years.
If there was a NFL football coach whose teams were outscored at a rate of 17 to 1, he would be fired. Other coaches would be studying the Shanghai offense. How we organize the national economy is more important than a football coach, and yet we are strangely complacent in the face of catastrophic under performance.
Adam Smith speaks of an invisible hand producing rapid national growth. If he were correct in his analysis, we should see these positive effects. Wages (inflation adjusted) in the US economy have been stagnant/ slowly declining for the past 40 years. 40 years of failure is enough. Let's put it another way. If for a period of time a shoemaker carefully cuts out leather for shoes, and every night they are assembled into beautiful shoes while he sleeps, it might make sense for the shoemaker to stay up and see if there are magical elves with invisible hands helping him. If, on the other hand, for forty years a shoemaker carefully cuts out leather for shoes, and wakes up every morning and has to assemble them on his own, it would be the height of folly to expect the elves to show up next week to take him to the top of the shoemaking world.
To double your salary, I need your help. I need your vote and support. Thank you for your time.