The economy continues to contract and people continue to lose their jobs. It is also important to remember that companies are reporting losses and people that work on commission, though employed are suffering huge losses in income. All of this means less taxable income to all levels of government. So that would mean less revenueContinue reading “Government’s reponse to job losses… give me more!”
Category Archives: taxes
Well played, Mr. Obama
Many is the media are “confused” by the seeming contradictions in the ever expanding spending coming from Washington and the statements about the desire to “balance the budget”. Since most of them are devoid of 5th grade math skills they can’t make the connections that most of the rest of us can make…”this just doesContinue reading “Well played, Mr. Obama”
Is Obama a muppet or the puppet master?
Those that know me well, know that, during the election, I had the opinion that Obama was a muppet. May argued he was left wing, and that may be true. Other argues that he was more center-left. Though I believed that he was likely far more left then his words, what he said and whatContinue reading “Is Obama a muppet or the puppet master?”
Jobs and Industries Democrats are trying to kill
This is meant to become a running list of all of the industries specifically targeted for destruction by the Democrat party. Many of these are obvious but the goal it to look at the ripple effects of each of these decisions and understand the impact on the unemployment picture and the economy as a whole.Continue reading “Jobs and Industries Democrats are trying to kill”
Obama Recession hits -20%.
Yeah, I said it. This current downturn since November (even earlier) is now on Obama. As the economy rolled quickly down the hill, Obama had the option in each debate, his stump speeches, his acceptance speech and to any microphone since to stop the bleeding. He has not. All he would need state is thatContinue reading “Obama Recession hits -20%.”
A clear difference in philosophy
I heard an explanation of the differences between Conservatives and Liberals that I thought was interesting. The comparison was something along the lines of … Two Americans both have big dreams. The conservative wants to wrok for himself, create a company, provide for his family, grow the business and retire comfortably. The Liberal wants toContinue reading “A clear difference in philosophy”
Update: 401k still at risk with Democrats control
This is an update the story posted October 9th. If I were to say “pay into a guaranteed retirement account administered by the Social Security Administration.” You woudl say, “I already know about Social Security, so what?”. Well you woudl be wrong. See this is the “new” retirement alternative being contemplated by the Democrats inContinue reading “Update: 401k still at risk with Democrats control”
How to lie with statistics (politics II)
I have mentioned a few in a previous post and I now have a few more that are bugging me. The income gap One you have likely heard and may fall into is this…The income gap between the have and have-nots is widening. I do not deny that the gap is widening in fact ifContinue reading “How to lie with statistics (politics II)”
Obama’s statements on taxes explained
Having the benefit of years of pouring through data and trying to correct entrenched assumptions about what that data is telling us, has been far more useful in this election than in the past. I find it fascinating to listen to the “words” and “speeches” of Oabama and the ease at which he uses statisticsContinue reading “Obama’s statements on taxes explained”
So what of McCain’s idea of a "Spending Freeze"
We all hear how big the national debt is. They even have Debt Tickers that attempt to show it. The National Debt is currently at 10Trillion dollars. But what of the yearly impact on this number. From 2005-2007 the Debt rose by just under 1.1Trillion dollars. Or about 550 billion a year. Tracking the growthContinue reading “So what of McCain’s idea of a "Spending Freeze"”