Tax cuts are great but meaningless without spending cuts

The evidence has been documented numerous times that cutting taxes improves the economy in ways that replace "lost" revenues for the federal government. In other words, reduced tax burdens spark economic growth with over time yield a revenue-neutral stance. This is the part about the proposed GOP tax cuts that I like. There are two … Continue reading Tax cuts are great but meaningless without spending cuts

Newton , Physics, Clean Rooms and the Laws of Perpetual Crisis

Navin: [to thieves in car] Hey guess what, you're our 8th customer of the day, you've won a free oven mitt! I'll go get it for you. [Runs to phone in office with police on the line] Yeah I'm back they're going to be a while, don't worry I've rigged it. Phony Mr. Neusbaumn : … Continue reading Newton , Physics, Clean Rooms and the Laws of Perpetual Crisis

Incompetence: Woman can’t get answer on why feds sent her $500

By John Ruberry "Whether we like it or not, the American wage earner and the American housewife are a lot better economists than most economists care to admit. They know that a government big enough to give you everything you want is a government big enough to take from you everything you have." Gerald R. … Continue reading Incompetence: Woman can’t get answer on why feds sent her $500

…It’s a trap! What about Obama paying for the “Bush wars”? edition

On Friday my first post of the day talked about how the LOW figure of the Obama years that the left considers so draconian was an incredible increase in spending. At noontime I pointed out that even if you adjust for inflation the low year of the Obama spending years (2010) compared to the low … Continue reading …It’s a trap! What about Obama paying for the “Bush wars”? edition

….It’s a Trap! Lets look at those Obama figures adjusted for inflation edition.

In my first post today I talked about how the Obama administration low year of spending in 2010. A level of spending that apparently was so low that it is draconian compared to today. I also pointed out the difference between the size of Obama's low figure and Bush's low figure is more than the … Continue reading ….It’s a Trap! Lets look at those Obama figures adjusted for inflation edition.

Football, Fries and Government Spending

I woke up with every muscle of my body aching after a ton of shoveling and overslept a bit so I rolled over and turned on Fox News Sunday to listen to Nancy Pelosi talk about how evil the Sequestration (that she voted for) and how draconian the cuts have ALREADY been in the government. … Continue reading Football, Fries and Government Spending

Bait & Switch The true price of Obama

The costs of Obama and his programs are becoming more apparent. via five feet of fury) those who oppose him: Even if you add in all possible “indirect” jobs that could be attributed to this subsidy flurry, it still works out to $1.63 million in subsidies per job created, according to the report. Just to … Continue reading Bait & Switch The true price of Obama

It’s not an “investment” its “spending”

Investment 1. In finance, the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money. 2. In business, the purchase by a producer of a physical good, such as durable equipment or inventory, … Continue reading It’s not an “investment” its “spending”

“Past performance is not an indicator of future performance”

Just a thought, since democrats keep talking about new spending as an "investment" does that mean they should have to run that warning whenever they talk about spending? I think so. Speaking of things that deserve a big warning label: So, like Stimulus I, which was initially intended to put infrastructure spending first, but evolved … Continue reading “Past performance is not an indicator of future performance”