Category Archives: Politics: National

Raising Revenue

There is a gap.

The United States brings in some amount of money.  And the united States spends some other amount of money.

There is a difference between those two amounts of money; and right now, the bigger amount is the amount we spend.

We’re in debt and getting debt’ier.

All the talk ’round town is that we have to fix this problem pretty soon and the deadline that’s looming is the debt ceiling.  Everyone is looking at August 2nd and working to build a plan by then.

In it’s simplest form, the debate is about narrowing the gap of the spending and the revenue.

How are we gonna do that?

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Unemployment

Consider 20,000 unemployed people.

Which population would obtain a job quicker?

  1. This group obtains $300.00 per week up until they find a job.  Or hit 26 weeks.  Which ever comes first.
  2. This group gets 26*$300 the day after they file for unemployment benefits.

Knowing this would you change the way in which you construct the unemployment programs?

About That “Disaster”

Wisconsin.

Unions.

Scott Walker.

The Prediction:

“This is a disaster,” said Mark Miller, the Wisconsin Senate Democratic leader, in February after Republican Gov. Scott Walker proposed a budget bill that would curtail the collective bargaining powers of some public employees. Miller predicted catastrophe if the bill were to become law — a charge repeated thousands of times by his fellow Democrats, union officials, and protesters in the streets.

Still think so?

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The President’s Weekly Radio Address: July 2, 2011

Remarks of President Barack Obama
Weekly Address
Saturday, July 2, 2011
Washington, DC

Right now, there are a lot of folks who are still struggling with the effects of the recession.  They’re wondering how they’d deal with an unexpected expense if their car breaks down.  They’re worried about layoffs. They’re not sure if they can help their kids pay for college. And for many families, these challenges were around long before the recession hit in 2007.

I ran for President because I believed in an America where ordinary folks could get ahead; where if you worked hard, you could have a better life.

See, I don’t think you did.  I think you ran for President because you felt that many of Americans’ had too much money.  And that you felt you could implement your own version of fair.

That’s been my focus since I came into office, and that has to be our focus now.

Mr. President?  To be fair, that hasn’t been any part of your focus since you came into office.  In fact, it’s been the exact opposite of your focus since you came into office.  See, you’ve focused on health care, auto bailouts and union givebacks.  None of those things creates jobs.

It’s one of the reasons why we’re working to reduce our nation’s deficit.

Define “working”.

Government has to start living within its means, just like families do.  We have to cut the spending we can’t afford so we can put the economy on sounder footing, and give our businesses the confidence they need to grow and create jobs.

I must say; truer words have never been spoken!

The good news is, Democrats and Republicans agree on the need to solve the problem.

Jeez, Mr. President, I hate to interrupt, but Democrats don’t agree on this point sir.  See, they wanna KEEP spending like college sophomores at Myrtle on Spring Break.

And over the last few weeks, the Vice President and I have gotten both parties to identify more than $1 trillion in spending cuts.  That’s trillion with a ‘t.’  But after a decade in which Washington ran up the country’s credit card,

Holy jeebus you won’t let Dubya go will ya?!?

we’ve got to find more savings to get out of the red.  That means looking at every program and tax break in the budget – every single one – to find places to cut waste and save money.  It means we’ll have to make tough decisions and scale back worthy programs.  And nothing can be off limits, including spending in the tax code, particularly the loopholes that benefit very few individuals and corporations.

I love with a capital L how you call a “tax break” a “spending program”.  So that’s how you’re gonna role, ain’t it?  You are gonna say that a tax break is an expenditure and that in order to “cut spending” you’ll have to “cut” those “tax breaks”.

Sparky….over heah….not foh nottin’, but ‘dat sounds like a tax hike to me! /SexyMobAccent

Now, it would be nice if we could keep every tax break, but we can’t afford them.

Here it comes….the money line….

Because if we choose to keep those tax breaks for millionaires and billionaires,

millionaires and billionaires…..

or for hedge fund managers and corporate jet owners,

MO’NEY!

or for oil and gas companies pulling in huge profits

I gotta say….I’d bet even money, EVEN ‘effin money, you couldn’t tell me what profit means!  Just sayin’.

without our help – then we’ll have to make even deeper cuts somewhere else.  We’ve got to say to a student, ‘You don’t get a college scholarship.’

Psssst…..ssshhhhhh, don’t tell no one…..he maybe don’t.

We have to say to a medical researcher, ‘You can’t do that cancer research.’ We might have to tell seniors, ‘You have to pay more for Medicare.’

How ’bout we tell 2 year unemployed guy he don’t need no more benefits?  How about we tell the college researcher looking into the mating habits of the Russian Yak we don’t maybe care so much?  How about we quit hiring $800,000 prison doctors?

Why do you always ALWAYS take the most important expenditures and put them at the top of the “cut list”?

Never mind…..I think I know.

That isn’t right, and it isn’t smart.  We’ve got to cut the deficit, but we can do that while making investments

Did’ja know that investments = spending?  I told you that Democrats don’t agree we need to cut spending.

in education, research, and technology that actually create jobs.  We can live within our means while still investing in our future.  That’s what we have to do.  And I’m confident that the Democrats and Republicans in Congress can find a way to give some ground, make some hard choices, and put their shoulders to wheel to get this done for the sake of our country.

On Monday, we celebrate Independence Day, the day we declared a new nation, based on revolutionary idea: that people ought to determine their own destiny; that freedom and self-governance weren’t gifts handed to us by kings or emperors, but the rights of every human being.

Yeah.  Some of us [hint hint] believe that ore than others do.  I suspect you are very much in favor of removing self-governance wherever you can.

We’ve learned in the years since that democracy isn’t always pretty.  We have arguments.  We disagree.  But time and again we’ve proven that we could come together to solve problems.  We remember that while we may not see eye-to-eye on everything, we share a love for this country and a faith in its future.  That’s the spirit we need to harness now.  That’s how we’ll meet this challenge and reach a brighter day.  Thanks for listening, and have a wonderful fourth of July.

You don’t have to thank me for listening.  What would be refreshing is if YOU would listen.

Jon Stewart Blinked

Anthony Weiner is a dumb ass.  We knew this long before his recent history making revelations.  However, now we know about his history making revelations.

And, if you have any kind of sense of humor, his history making revelations are hilarious.

Just the kind of story for Jon.

But Anthony is a friend.  And so Jon let him off.

Jon Stewart claims he’s a comedian and that he just makes fun of the political theater in front of him.  But he doesn’t.

He had The Weiner in his sights.  And he blinked.

He’s a good friend.  But he’s not just a “political comedian” either.

How To Afford Health Care

I’m reaching into the “Way Back Machine” and pulling out a post from a long time ago:

Much debate has been made about the uninsured in America. I have tried and tried and tried to make the point in my personal conversations that you can not claim you can’t afford thing “A” when you voluntarily spend the money that could purchase thing “A” and instead buy thing “B”. That is to say, if I have enough money to book, but instead purchase a DVD, I can not claim to be unable to buy the book. I simply decided to prioritize the DVD higher than the book.

The same is true of health insurance. If I have money to purchase health insurance but instead choose to buy thing “B”, I can not claim to be unable to afford health insurance. I just decided not to buy it. Now, I understand that there are things in life that seem to qualify as “must have”. Shelter, food and clothing to name a few. People even claim that an internet connection and phone service can qualify as required services. So I tried to find an item that in no way could be classified as “required”. I came up with lottery tickets.

Now, looking at uninsured data found at Carpe Diem, there seem to be three rough categories of people:

  1. Those that make less than $25,000 a year
  2. Those that make from $25,000 to $50,000 a year
  3. Those that make more than $50,000 a year

Those three breakdowns seem to describe the uninsured equally. About 30% of the uninsured population are in each category. Let’s see if my theory holds true for the lower income population.

Using data reported by 4 Professors at Duke University, we are able to see lottery participation rates as well as annual per capita amounts.

What it shows is remarkable. Combining the players making less than $25,000 per year we see that just about HALF of the population plays the lottery. Further, those people who play are spending near $600 a year! This means that these players have near $600 of annual disposable income that they are choosing to spend on the lottery. By going here, I can find a policy that covers a single 25-year-old man for $52 a month. Or, $612 a year – almost exactly what is being played on the lottery.

Given that a group of people have disposable income of near $600 and that an insurance policy costs nearly $600, can you realistically say that those folks are unable to afford health insurance?

Me either.

Irony

I get it,  I do.  I get the idea that we wanna be able to choose for ourselves the risks we face each day.  At some point, the danger of NOT doing is greater than the actual doing.

The freedom of experience is almost always a significant amount of the joy.

But dang!

ONONDAGA, N.Y. — Police say a motorcyclist participating in a protest ride against helmet laws in upstate New York died after he flipped over the bike’s handlebars and hit his head on the pavement.

Troopers say Contos hit his brakes and the motorcycle fishtailed. The bike spun out of control, and Contos toppled over the handlebars. He was pronounced dead at a hospital.

Note to Leftists: Just because it’s a good idea does not make it just a-ok to legislate!

Minnesota: A Foretaste Of The Feast To Come

Minnesota is closed.

As of 12:01 AM July 1, the state has shut down.  A disagreement over how to balance the budget between the Democrat governor and the Republican Senate has caused a stalemate.  Without a budget, the state government officially closed Friday morning.  State parks, rest areas, road construction and other services were shuttered.

State employees were sent home.

The battle just got real for a whole bunch of people; a WHOLE bunch.

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We Need To Increase Revenue

That’s the call from the Left.  In order to balance the budget, or begin to balance the budget, we’re gonna have to at least consider raising revenues.

I’m beginning to resonate more and more with this, so, for this sake, I’ll stipulate.

We need to raise revenues.

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The Debt Ceiling, The Budget and The Deficit

In April I spoke about taxing the rich.  Basically, you can’t tax ’em enough.

But for fun, let’s try; the highlights:

  • The deficit is $1.5 trillion.
  • People making more than $200,000 a year paid $5.3 billion.
  • Back out those taxes and the deficit is about $2 trillion.
  • People making more than $200,000 a year made, in total, $2.4 trillion.

If you tax the people making more than $200,000 a year at a rate of 100%, you cover the deficit and have $400 billion left over.

You would have to tax every single dime those people made.

At what point would taxing the rich reach the point at which the Leftist would be willing to cut Social Security?  Medicaid?  Medicare?  Unemployment?

If it were me, I’d compromise.  I’d offer $1 in tax raises for each $10 in spending cuts.

“Raise taxes on airplanes?”  Fair enough, cut spending 10 times that much.