It would appear that Economics is not limited to matters of the wallet.
To begin, let’s review the definition of Economics:
The study of the use of scare resources which have alternative uses.
This definition is as true for money as it is for matter of the heart.
Make it free’er.
Way.
Too many times we see a “problem” or a wrinkle in how markets work or are working and we think:
This is a problem
And we immediately think that the only solution is to implement process that will “prevent this from ever happening again.
And that’s just wrong thinking.
You know when we have one of those little holidays, or heck, even one of the big ones, and the garbage guys don’t come to your house?
And you have to leave the trash out the next day to be picked up?
And then, by next week, they are back on track and pick up your trash on the normal regular day.
That’s cool. But you know what it tells me?
Students Demanding That We Tax The Rich
The great debate of the day is The Compromise™. Or rather, what we’re gonna do about taxes on the rich. Obama ran on it for two years beginning in 2006. Liberals believed; believed either that he WOULD let the Bush Tax Cuts expire or that he COULD let the Bush Tax Cuts expire.*
And he didn’t.
He neither could nor would. And the great debate rages.
Posted in Economics, Economy, Politics: National
Tagged Barack Obama, Employment, Left, Leftist, Right, Socialism, Taxes, Unemployment
…about 8ft tall. Not too much shorter, no need for a short freshly cut pine tree. And certainly not much bigger; simple could not USE a big freshly cut pine tree.
Oh yeah, and I want it delivered to my house. Maybe-maybe not. But at the very least, it has to be dropped off for me to pick up no further than 3 tenths of a mile from where I live.
And when I say freshly cut, I mean literally, this sucker was in the ground 36 hours ago. MAX!
Sounds silly doesn’t it?
Posted in Economics, Politics: National, Politics: North Carolina
Tagged Leftist, North Carolina, Politics, Socialism, Taxes
So, the big news out of Washington is that Obama has compromised with the Republicans. Tax cuts for everybody all the while extending unemployment benefits for some more amount of time.
The complain from the Left, and I admit that I’m impressed the Left cares about such nonsense, is that the tax cuts will add to the deficit.
Posted in Economics, Politics: National
Tagged Barack Obama, Politics, Republicans, Taxes
So, I used to go to college. And I’ll use those days to illustrate my point when it comes to money, revenue, expenditures, debt and savings.
Back then it was more clear-cut on what was discretionary spending and what wasn’t. Further, back then my income was much more fluid and variable than it is now.
Okay, back in the day….
I’m tough on unemployment benefits.
I admit it.
While I believe that folks should get what they “paid” for I am totally TOTALLY against extending benefits. 99 weeks is enough, to think that we need more than that is …. simply …. silly.
The guys in Greensboro are back at it.
Today they’re discussing the tax situation as we get closer and closer to December 31st. That’s the date, of course, that the “Bush Tax Cuts” are set to expire.
Everyone I know of agrees that we need to make permanent those cuts to folks making less than $250,000 a year. The question is what to do with the folks making more than that.
The rich.
Posted in Economics, Economy, Politics: National
Tagged Brad and Britt, Deficit, Leftist, Taxes
One single election. Done. Back in business.
One man lost. Back in business.
One law reviewed. Back in business.
Posted in Economics, Politics: National, States Behaving Badly
Tagged Democrats, Leftists, Minnesota, Regulations