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Reluctant to vote on a bloated budget and be accountable, most House Democrats have decided on the process described in the following article. If it isn’t against the law, it should be. As profligate spending continues (and it will) and huge deficits continue to pile up (and they will), the next big push will be [...]
Posted by Jerry Pomeroy as Best Of the Web, Budgets, Fraud Watch, Taxation at 11:18 AM UTC
If you’ve ever wanted to understand a businessman’s perspective on tax policy, pay attention to Steve Wynn. The video is a classic:
Posted by Jerry Pomeroy as Economics, Obama Presidency, Taxation, Video at 6:37 AM UTC
For all those who think “taxing the rich” is a good idea, The Heritage Foundation explains the simple truth: higher taxes will hurt the poor more than the rich. Read on…
Now is the Worst Possible Time for Tax Hikes
Posted June 7th, 2010
Friday brought yet another grim jobs report. The economy created 431,000 jobs in May [...]
Posted by Jerry Pomeroy as Best Of the Web, Economics, Taxation at 3:46 PM UTC
Few things can unite Americans these days. Political, religious and social issues have produced harsh, ragged battle lines across which ugly accusations and threats are regularly hurled. The 21st century may become America’s most acrimonious period, yet there is one thing virtually every citizen agrees on: 2009 was a terrible year. It’s taken the worst [...]
Posted by Jerry Pomeroy as Holiday Musings, Limiting Government, Military, Taxation at 7:26 AM UTC
The Cato Institutes’s Dan Mitchell discusses the Value Added Tax:
Once upon a time, spending by the federal government of the United States of America was somewhat rational. Until the Great Depression, the overwhelming majority of American politicians tried to be reasonably good stewards of the people’s money. Even Presidents Franklin Roosevelt and Lyndon Johnson, the [...]
Quick, which state has a part-time legislature, no income tax, and a booming economy? Kevin D. Williamson explains why Texas leads the nation in so many positive catagories, providing a model for troubled states like California and the nation. The following article appeared in National Review under the title “Going Alamo: Why jobs and companies [...]
Posted by Jerry Pomeroy as Best Of the Web, Limiting Government, Taxation at 3:57 PM UTC
The National Debt Road Trip:
Paul Krugman, noted columnist for the New York Times, has come out in favor of another stimulus plan. The proverbial feather could knock me down. How can such a smart man be so wrong? I guess I shouldn’t be surprised. America’s intelligentsia of the 1920s and 1930s bought communism hook, line and [...]
Posted by Jerry Pomeroy as Economics, Government Blunders, Obama Presidency, Taxation, Video at 6:59 PM UTC
Making things worse:
Governments all over America are struggling during this economic downturn. Without exception, less economic activity means fewer dollars available for public expenditures. And, because most municipalities and states in our fair land spend as much or more than they receive in good times, a recession like this one means red ink by the [...]
Posted by Jerry Pomeroy as Budgets, Economics, Government Blunders, Taxation at 11:51 AM UTC
In a moment of candor, Barack Obama comes clean on the cost of Cap and Trade:
“Monday, Monday,” sang the Mamas and the Papas, “can’t trust that day.” Even as Mondays go, June 1, 2009 must be some sort of record holder if bad news by volume carries any weight. Consider that General Motors is down and out, the [...]
Posted by Jerry Pomeroy as Energy, Obama Presidency, Taxation, Video at 5:01 PM UTC
Watch this and consider if we really want the Univacs running Washington to control healthcare, or anything else for that matter:
Do not adjust your computer screen. As incredible as it sounds, the headline is correct. Speaking in New Mexico yesterday, President Obama laid out a powerful case against deficit spending. Sounding every bit like a Ron Paul [...]
Posted by Jerry Pomeroy as Budgets, Economics, Taxation, Video at 7:04 AM UTC