November 8, 2022
TAXATION INVESTMENT PART 10
Had full employment being guarranteed by taxation investment of the
speculative boom of 1920s when america had 30,000banks,the economic
crisis during great depression would not have crashed GNP so much down
that it shrunk to $55.8b.from its peak of $103.4.bin 1929,fallen in
trenches prior to the resurgence of 1941.Great depression ought to
have classified Great boom era had taxation investment being
moderately though not applied.Infact GDP ought to have doubled and
trippled to $310.1billion,taking more advantage of war boom economy
.It should double every 4 years to notch by 1937 and 1941 about
$620.2b.and $1.4.4tr.That is to say could have reached a trillion
dollar by 1940s during the war.Taxation investment has the magic wand
to hedge public spending through neoliberal boom and burst cycle
period and avert business cycle volatility.Had job security been
guaranteed,25%unemployment rates of depression to pull off huge chunk
nightmare of not the same 25%but a staggering 50% wiped out from
GDP.Had the doubling
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