Democrats may feel the pain about all those with bad health care, forced into destitution by emergency room treatments, but, without power to fight back the causes of the pain, there will be pain always.
In economics, power is money. So where are the democrats going to find the money? Nowhere much, if they do not change their minds, because the taxes on income are not far from maximal already. European countries confronted that problem long ago, and decided to find the money with new taxes. The taxes, in turn, diverted economic activity from consumption and waste to savings and caring. To do this, a French "inspector of finances" invented the Value Added Tax in 1954. That tax was soon made mandatory in all countries members of the European Union (it taxes all increased values of stages of production around 19%). Huge taxes on energy were also introduced (they correspond roughly to $300 per barrel oil). France is now introducing a system of bonus-malus on all products according to their CO2 impact during use and manufacture (tax the inefficient ones, reward the efficient ones; it's already deployed with cars, and that explains why Peugeot SA has the best fleet mileage, worldwide: 141 grams CO2/kilometer).
The USA has to go in that general direction. Away from rabid consumption and mindless waste. Into saving, caring and investing. And taxes are the only way. Short of this, the pain is just made into a song. Short of this, it's just change one cannot believe in.
Patrice Ayme.
— Patrice Ayme, Hautes Alpes
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