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I Am not in favor
of the relocation of some 20,000 folks along with thousands of workers
to aid in the buildup (not that it is going to make a difference). It
might be good for those with entrenched business interests and who could
care less about the marginalized and the underclass.
It is difficult to believe that the same folks who have depressed wages
for so long suddenly have turned over a new leaf and now care about workers
pay and rights. (We dont need more money any way even can get. It
is how money is expended and resources allocated. Still ban gambling and
prostitution. The military can go to Tinian and Saipan for those.)
Having said that, I am in favor of the military coming-and going mode
such as the berthing of a nuclear aircraft carrier on its way to somewhere
else. I am in favor of missile defense and upgrades to AAFB and Big Navy.
Familiarity breeds contempt so we need to keep military increases
manageable to stomach for individuals who are used to a certain
level of peace and quiet. (Besides, the military will have a better quality
of life in Australia.)
Just look at the increases in rental prices and property price rises just
on word of the impending military build-up. (You still need good credit
for rural government-backed loans.) When wages have not risen in tandem
thanks to the Committee to Keep Guam Working. (We dont
really need their charity.) We want them instead to start paying taxes
from zero now, to more than zero. We dont believe in wealth redistribution
from the middle-clan to those who dont need tax relief.
I am, however, in favor of low tax rates on income and investment and
higher tax rates on consumption (even if it is regressive). Why? If you
make a little, why should you eat or spend a lot? In America where folks
think that competition was always the name of the game, people might have
forgotten the break-ups of monopolies across industries that unleashed
real competition and boosted middle-class growth. Presently, big business
is getting bigger. Hence the rash of mergers and acquisitions both nationally
and globally which will ultimately lead to higher prices and more inflation.
What can we do? Close ourselves to the world or open with caution? As
the South Korean president said after the U.S. and S. Korea signed the
FTA, If we dont open our markets we will lose. If we open,
we might win or lose.
MATT PHILLIPS
Mangilao, Guam
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