RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
This downturn is unlike any other we have experienced in our lifetimes. Solutions too need to be unlike any others.
When competent people are unemployed there is a reason. This time the reason is a terminally ill Dollar. Washington’s Dollar based policies are dragging Oregon down. Yes, it seems strange, but we must sever economic ties from the source of our distress to discover Oregon solutions.
A healthy bureaucratic sector requires a healthy voluntary sector. Yet every solution on the table takes from the voluntary sector.
Taxing the rich is an illusion. Capital moves easily to where it is welcome. Left behind to pay are the rest of us.
1. Debt forgiveness, a Jubilee of Biblical proportions because debt is inhibiting any recovery. The Dollar is debt based. We need a fresh start, a clean slate.
2. A state economy based on a new Oregon currency, one with intrinsic value and ideally tax free. First steps might be to emulate North Dakota, which owns its own bank, or issue Oregon Script to pay all State obligations, accepting Script for all taxes and fees. (We ought to be smarter than California and learn from their example what not to do.)
posted 3 years, 8 months ago
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