Would the economy be better off if all of opebo's proposals were followed?

[opebo]

Voted no to the question as phrased, but some of them, definitely. I'm not sure if he's proposed any actual taxation rates, but I get the sense I'd probably find them a little excessive. I find his proposed minimum wage of $15 excessive but I think he's generally right that it needs to be a lot higher and coupled with much better unemployment benefits.

Just a little bit of a nutcase on several other issues, though.

The rates I have proposed are merely the historical norm - about 70-90% for the vampiric class.  My personal preference would be for the higher figure, but I think the lower one is also workable if we don't mind the resultant aristocracy.

I would also like to see considerably higher rates on the merely privileged class - such as Torie.. in the 50-60% range.

Gentlemen, it cannot be news to you that capitalism doesn't work, or that careful State management of the economy through redistribution, regulation, and Keynesian macroeconomic practices is necessary to make it provide any benefit for the majority. 

My recommendations are simply the straightforward lessons of history and application of the most basic practical polices, nothing that warrants the pejoratives some of our more ideologically batty posters have leveled at me.

[opebo]

I know all about those anecdotes, Torie.  My dear departed father was always building apartment complexes and selling them to doctors and lawyers back then - after all, forcing these privileged to funnel their ill gotten gains into cheap housing was the whole point of said loophole. 

What is your income nowadays?  No doubt it warrants a high marginal rate.

[opebo]

Tax brackets of 60% or even higher? Oh yes, what a great idea to destroy any nation's economy. Fortunately the politicians of my country - even those on the democratic left, for the record - are saner in that respect.

Zuzu, there's no such thing as 'any nation's economy', only its government.  The economy is just how the State distributes.

[opebo]

Since Opebo doesn't know anything at all about economics, his ideas would destroy the economy in a year or two.

There is no causative argument there, adolescent.  

[opebo]

Probably more like a week or two, if his little plan to "monetize" our debt by printing 15 trillion dollars is implemented. 

Please stop trolling, Torie.

[opebo]

Probably more like a week or two, if his little plan to "monetize" our debt by printing 15 trillion dollars is implemented.  

Please stop trolling, Torie.

I thought you favored this approach opebo. Did I misunderstand you?  I suppose I could look up your post.

The behavior in question is I think 'straw-manning', a kind of discourse which is destructive of real argumentation.  Of course I never proposed a sudden printing of 15 trillion as you well know.

[opebo]

... Opebo's are so aggressive that no amount of time would be enough to prevent the disaster.

Not at all, SNC.  I'm merely proposing a return to that which prevailed 30 years ago, plus a few minor additions.  So, give me 30 years and it should be easy.  Your children will be better off for it.

[opebo]

Then we better start redistributing the government right away.

Precisely!  Socialism.

[opebo]

This might be one source of my confusion opebo.

Nothing about that post indicated at what rate or pace one would be printing and eliminating debt, but I can certainly understand your confusion.

At any rate of course, monetization is only one small part of my economic philosophy - a mere detail as it were - and certainly not a central or necessary one.  If your class were properly taxed there would be no need for it.