The problem is capitalism. The problem is that in order to sell seven billion people on the necessity of globalisation, we've created a moral universe where people who do not work to create profit are considered less than human, and used as surplus labour to drive down the cost of wages.
I lowered taxes in New York. I reduced the size of government in New York. I took a $2.4 billion deficit and turned it into a $3.2 billion surplus. And I reduced taxes over 23 times or 23 times.
If everyone would take only according to his needs and would leave the surplus to the needy, no one would be rich, no one poor, no one in misery.
Back in those days, in the fifties and sixties, countries had balance of payment's deficits or surpluses, those were reflected much more than today in movements of reserves among countries.
He who has the base necessities of life should pay nothing; taxation on him who has a surplus may, if need be; extend to everything beyond necessities.
You'd rather have a surplus versus a shortage in your position.
The federal government cannot maintain a budget surplus any more than an alcoholic can leave a fresh bottle of whiskey untouched in the cupboard.
We're not giving what we're called to give, unless that giving affects how we live - affects what we put on our plate and where we make our home and hang our hat and what kind of threads we've got to have on our back. Surplus Giving is the leftover you can afford to give; Sacrificial Giving is the love gift that changes how you live - because the love of Christ has changed you. God doesn't want your leftovers. God wants your love overtures, your first-overs, because He is your first love.
The directing motive, the end and aim of capitalist production, is to extract the greatest possible amount of surplus value, and consequently to exploit labor-power to the greatest possible extent.
With a Socialist government, there will not be a national surplus whilst there continues to be inequality.
It is a fact worth pondering that four centuries ago the evil of "an abundance or surplus" arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market.
Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.
Whether we like it or not, government intervention in the face of surplus is here to stay.
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