Tag Archives: taxes

Economy busting budgets

Can someone please explain this to me because I don’t understand how it works: How does more than $5 trillion in deficit spending in four years and more than $1 trillion in new taxes, whoever they might be against, help … Continue reading

Posted in Economy, Government, Nations, Politics, Preparedness, Quid Facis, Society, Spending, United States, World Watch | Tagged , , , , , , , , , , | Leave a comment

Dear Mr. President…

If you want to create jobs, make it easier for the job creators to do so. Here are some things you could do right now that would result in almost immediate job creation: Stop targeting the job creators to pay … Continue reading

Posted in Economy, Government, Nations, Politics, Spending, Taxes, United States, Updates, World Watch, Worldview Item of the Day | Tagged , , , , | 2 Comments

Paying the piper

According to the New York Times, by 2019, we will be paying $500 billion, or 347%, more to service the interest on our national debt than we will this year. Interestingly, that’s about the same time various private and government … Continue reading

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The other shoe drops?

Twice this morning, I heard different radio talking heads say that Obama may be considering a national sales tax to pay for the cost of the stimulus package he will sign today. Interestingly, I was unable to find a single print reference to this idea. […] Continue reading

Posted in Economy, Government, Politics, Society, Spending | Tagged , , , | 6 Comments

How does a government create jobs?

One of the predominant promises of the trillion dollar and growing stimulus package demanded by Barack Obama and being developed by Congress is the idea that the government is going to create three million jobs through the investment of money secured by the government through borrowing. Unfortunately, this idea, like most of the rest of the idea that the government can stimulate the economy by spending money it has taken out of it or has secured by taking on debt, is untrue.

I see three basic problems with the government creating jobs premise as it is being presented in the stimulus package: […] Continue reading

Posted in Economy, Government, Spending, Taxes | Tagged , , , | 6 Comments