by Bill O'Connell on November 10, 2011
photo by cliff1066
Just because Democrats are statically stuck on stupid, why do they think everyone else is? What I am referring to is static analysis of changes to the tax code. Democrats always want to have any potential changes statically scored. In other words if Democrats raise rates 10%, naturally, the government will get 10% more revenue. If on the other hand you cut tax rates 10%, a very bad thing, tax revenues will fall 10%. The problem is that they have been proved wrong every time. In other words, Democrats believe that if they raise tax rates you will be too stupid to change your behavior in response.
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by Bill O'Connell on November 4, 2011
Photo futureatlas.com
With several proposals to overhaul the tax code on the table, it will be interesting to hear how the Obama team will respond. In the plans put forth by Cain, Perry, and Gingrich, people grasp the flat tax part pretty easily. With Herman Cain’s 9-9-9 plan, a common sticking point is the last nine, the national sales tax. Whether intentional or not, it seems to me that they don’t understand it.
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by Bill O'Connell on November 1, 2011
photo by chasingfun
It is no surprise to anyone that we have a government that is out of control with spending. We have the Tea Party and OWS agreeing that crony capitalism is out of control. So what does this have to do with the tax code?
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by Bill O'Connell on October 13, 2011
Democrat Tim Bishop recently sent an e-mail to his constituents blaming Republicans, although they only hold the House while Democrats hold the Senate and the White House, for being against bipartisanship. So what does Tim Bishop do when the opportunity for bipartisanship presents itself? He cements his far left credentials by voting against it.
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by Bill O'Connell on September 22, 2011
Photo by No Nein
President Obama has a plan to pivot toward jobs, after nearly three years on office. After spending boatloads of our money on a stimulus program that failed, according to his own standard of capping unemployment at 8%, he wants to spend more. He claims that he is also cutting spending, but when you drill down into the details, it is a myth.
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by Bill O'Connell on September 19, 2011
President Obama laid out his jobs plan and its more of the same. Tax more. Spend more. Calling more taxes, savings and more spending, investment. Is this president incapable of learning from his mistakes or is he going “all in” for a class warfare strategy to get reelected?
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by Bill O'Connell on September 15, 2011
Progressives are a funny group when it comes to investing, and I mean real investing, not the phony code word for spending. If they’re the ones controlling the money and especially if the money is not theirs, then investing is fine. If it will compete with one of their sacred social programs and you will directly benefit from it, then bar the door it’s an out of control casino.
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by Bill O'Connell on August 31, 2011
Photo by aranami
An intervention is an orchestrated attempt by one, or often many, people (usually family and friends) to get someone to seek professional help with a serious problem. The term intervention is most often used when the traumatic event involves addiction to drugs or other items, such as spending. Intervention can also refer to the act of using a technique within a therapy session.
If you care about Tim Bishop, if you care about your fellow man, he needs our help. From people who know Tim Bishop they tell me he is a good man, a decent man. But he has a problem. He cannot seem to control his urge to spend, particularly other people’s money.
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by Bill O'Connell on August 30, 2011
Photo by cursedthing
We saw the beginnings with the Battle of Wisconsin. The one place were unions were growing robustly was in the public sector, surpassing the private sector for the first time in 2009. But then 2010 happened.
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by Bill O'Connell on August 29, 2011
photo by Kevin Dooley
One of the main reasons the current economic problem is so hard to solve and the battle lines are so starkly drawn is that there is strong disagreement on what the problem is and likewise the solutions. The mantra from the left is that the problem is Bush’s fault, there was too much deregulation under Bush, although no one points to any particular regulation repealed under Bush that caused the crisis, and that we don’t tax enough. Those on the right have a different view.
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