My Heart And Prayers Go Out To Jim Calhoun, A Major Victim In The Sandusky Crime Spree
How much of Jim Calhoun's dementia can be attributed to the atrocity he witnessed back in the year 2000? How long can a fragile mind cope with the knowledge that a wrong has been committed by a person in power and know that nothing will be done to protect others from the same thing happening to them? From the few comments he made about his tour in Korea, it's obvious that Jim Calhoun suffered some degree ...
What Would Steve Do? Jobs, That Is
The chart represents revenues for fiscal year 2011. Individual income taxes comprise the largest percentage, while social insurance [employment taxes] is second. Trailing in third place is corporate taxes.
Saturday, October 29, 2011(36 comments)
The Effects Of Tax-Financed Spending V. Debt-Financed Spending
Government spending, financed by a tax increase on the rich, gets "more bang for the buck" because it uses money that was not being efficiently and effectively used, while costing the government little or nothing. The cost of borrowing when the spending is deficit financed must be added to the national debt as well as the amount borrowed.
Friday, October 28, 2011(1 comments)
Are Tax Cuts The Driving Force Behind Job Creation And Economic Growth?
Proponents of supply-side economics believe economic growth is achieved by reducing taxes. They believe tax reductions provide workers with an incentive to work harder, encourage businesses to hire more workers and invest more. They further believe lowering capital gains tax rates and reducing regulations benefits consumers by providing lower prices.
The Dog in the Manger
...IRS calculated the total amount income taxes decreased in 2008 as being more than $84 billion dollars.
Monday, March 10, 2008(2 comments)
The Crude Facts About Crude Oil
Since crude oil represents 68% of the price of a gallon of gasoline, the key to understanding fluctuating gasoline prices, is to understand the impact various global/national events have on the price.
Friday, March 7, 2008(15 comments)
Senator Obama Should Apologize to the U.S. Senate
Was Senator Clinton the only U.S. Senator to favor this bill? Of course not, the vote on the bill was 77-23 which means a full 77 percent of U.S. Senators, after being exposed to the intelligence supplied by our agencies, felt the bill providing President Bush with authoritiy to use military force should be passed.
Wednesday, March 5, 2008(2 comments)
Why is the Glass Ceiling Unbreakable?
The Equal Rights Amendment, first proposed in 1923, is still not part of the U.S. Constitution. It's interesting to note that one of the states that has not ratified this amendment is Illinois, where Obama was a former legislator. Does Barack Obama believe in equal rights as long as it doesn't apply to women?
Friday, January 18, 2008(1 comments)
Are We There Yet?
Three quesions must be answered when looking at various stimulus proposals..
Plans to Increase Army's Strength by 74,200
The Notice of Availability of the Record of Decision (ROD) for Army Growth and Force Structure Realignment was posted January 7, 2008 in the Federal Register and provides readers with the following mailing address for submitting questions and comments:
Saturday, January 5, 2008
Lost Jobs - Here, There and Everywhere
The fact we continue to lose jobs in the manufacturing sector is what will increase the chance of recession and losing a million jobs, in total, during a one-year period definitely increases the possibility
When the American Dream Becomes a Nightmare
Does it just happen these four states have a disproportionate number of foreclosures compared to the rest of the country or has there been a concerted effort in these states to sell subprime mortgages for the sole purpose of picking up the foreclosed properties for pennies on the dollar and reselling at a later date for extraordinary profits?
Sunday, November 18, 2007
The Income Mobility Ladder of Lies
On paper, it appears the Treasury Department has managed to analyze income mobility inside out and backwards to come to the conclusion the poor are jumping up the income quintile ladder by leaps and bounds, while the rich are losing ground. What is the real story?
Thursday, October 18, 2007(3 comments)
Sleep-Walking Through History with Reaganomics
Republicans point to the back-to-back terms of President Ronald Regan as a huge success for supply-side economics. Reagan received much applause from supply-siders because of his tax cuts for the ...
Monday, September 17, 2007
What is a Recession?
Even though varied sources define a recession as two consecutive quarters of decline in Gross Domestic Product, GDP, that is not the definition used by the agency that provides the official measurement of business cycles in the United States.
Not Hunger-- LOW FOOD SECURITY
An opinion on the change the USDA made in omitting the word 'hunger' from reports, and submitting "low food security". Another reframe aimed at misleading and deception from the Bush Team