Frank gleeful about soaking the rich come Jan. 21
October 21, 2008
Here it comes. Since it is almost a given - for many liberals - that The One will be sworn into office on a cold day in January, the faithful masses of politicians on the left side of the aisle are getting a warm and fuzzy feeling as they prepare to stick to to the rich.
Of course, we still don’t know who’s rich, but I do know that the wealthy among us have the ability to relocate or just refuse to play the game anymore.
Free products and services equal unlimited demand
October 17, 2008
I’ve been meaning to write a post concerning “free” goods and services. What happens when the government - or any other group - comes in and offers something for a very low cost or free?
I’ve found three events that will show us what happens when you offer stuff for free or at super-low cost, well below the actual market value.
We’re already spreading the wealth around
October 15, 2008
Barak Obama had an impromptu conversation with Joe Wurzelbacher, a plumber from Ohio. Wurzelbacher is living the American dream. He’s paying more and more taxes and he’s not happy about it. He asked Obama about his tax plan, “your new tax plan is going to tax me more, isn’t it”? Well of course Obama proclaimed. “I think when you spread the wealth around, it’s good for everybody.”
So the government takes money from Joe plumber, redistributes that cash to other people so they have money to hire Joe plumber to do work, and the people end up paying Joe plumber a higher price for the work. That’s not trickle up, it’s trickle back.
Trickle down taxes - Obama plan guarantees increased costs for middle class
October 9, 2008
Actually, Obama’s plan to increase taxes for those making $250,000 guarantees increased prices for not just the middle class, but everyone else too. Sure, the Mary Kay Cosmetics independent beauty consultant may not make more than $250k, but many small businesses do.
Let’s talk about those families - and small businesses - that make more than Obama’s arbitrary definition of “rich.”
Connecticut governor asks banks to help small businesses
October 9, 2008
Is this not how all of this economic strife started? Connecticut’s Republican governor, M. Jodi Rell, wants local community banks to contribute $1 million each into a lending pool that will provide loans to small business.
