Subtracting Congress From the Equation
July 23, 2012
Think about the tangled mess of a web that constructs the United States’ Economy. Well, I think there is a factor at play – currently undergoing some measure of a ‘reform’. CNN wrote on it recently and I don’t think the surface is even being scratched from an analytical standpoint.
It could be an issue of the US’s majority being composed dominantly of citizens in the middle class. People that don’t at all have the educational background to fully-understand our economy. Or the political structure of our government. People that don’t have time, nor care, to interpret the workings of a capitalist monarch. A society that is composed of our best thinkers and builders.
A portion of the US’s top one percent is composed of our most innovative engineers and business leaders (aka the private sector), while the other part is composed of those working for government entities. Where does Congress fit in? It’s fair to assume that each member falls in the top one percent. And that each member undoubtedly works for the government, i.e., for “the people.”
Could it be possible for a small group of lawmakers to have an enormous impact on the economical changes that take place around us? All the while doing so partially, or potentially solely, in the spirit of increasing their personal wealth? If your job allowed you the unwavering-flexibility to impact decisions related to our capitalist country’s future, would you bet on there outcomes?
Some wish not for Congress members to be given the ability to cash-in on investments that are driven by ‘inside’ information. They don’t think that this should be legal.
Personally, I think that severing the ties between Congress and the markets could be a game changer. Eliminating an elemental topological space that has pushed and pulled the mold, that which holds a fluid and evolving economy for the past 300+ years, could change everything.
Likely, a change this dramatic would only result in more of a free market. But that’s a discussion to be had on another day.
If Congress loses their ability to trade, I believe that these two predictions would hold true:
1.) Their wealth will be distributed back to the private sector.
2.) the US’s economy would undergo a dramatically different course as it continues to evolve on a it’s variable trajectory.
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