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Economics

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Trickle Up Economics

Anne Arundel County constituents paid $54 million for the use of water and sewage use.
Baltimore County and Baltimore City paid $275 million and have had 2 rate increases.
Baltimore because it does not bury its trash stands to gain the additional monies for its trash removal.
This money saved by the constituents is also minted for the local governments so the economic impact for the first year is not $329+ million but rather $658+ million.
According to the US Geological Survey, using the rates for our area, the national economic impact will be $50+ billion the first year and $25+ billion every year there after, in perpetuity.
After the first year when user fees are ended, all of this money will be input through the local government in expenditures for repairs, maintenance, and operations of the water, trash and sewage systems.  None of these personnel are bankers, financiers, or any other shape of millionaire.  They are the garbage collector, the meter reader, the administrator or any other average employee working on these systems.  This money must and will trickle up.

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Instituting this fundamental accounting change will change the economic fabric of the world.  From your house to Tokyo; hundreds of small self-sustaining, self-invigorating, local economies will be created.  Culminating in self-sustaining National economies.
It will provide 3rd World Nations the ability to build independant economic systems based upon the investment and co-operation of thier people rather than a continuous stream of expenditures from foreign countries, theWorld Bank, or the International Monetary Fund.  Saving the American taxpayer billions of dollars over the long haul.

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Economics

General Positions