Editors Picks

Why the economy is headed for a deeper recession.

I guess the basic difference in plans is that Democrats believe that there is a specific amount of money in the system and you must move it around and setup controls to make sure the system is fair. Republicans believe that there is never a limit to the growth potential of the US economy and [...]

A clear difference in philosophy

I heard an explanation of the differences between Conservatives and Liberals that I thought was interesting. The comparison was something along the lines of … Two Americans both have big dreams. The conservative wants to wrok for himself, create a company, provide for his family, grow the business and retire comfortably. The Liberal wants to [...]

Update: 401k still at risk with Democrats control

This is an update the story posted October 9th.

If I were to say “pay into a guaranteed retirement account administered by the Social Security Administration.” You woudl say, “I already know about Social Security, so what?”. Well you woudl be wrong. See this is the “new” retirement alternative being contemplated by the Democrats in [...]

How to lie with statistics (politics II)

I have mentioned a few in a previous post and I now have a few more that are bugging me.

The income gap

One you have likely heard and may fall into is this…The income gap between the have and have-nots is widening. I do not deny that the gap is widening in fact if [...]

It’s hard to reach out to workers while punitivly taxing the employer.

In response to ‘Joe the Plumber and GOP ‘Authenticity’

I hope your were not completely serious. I do appreciate a Liberal that actual understands how they are viewed and is willing to put forth an argument that does not start with “Well, Bush…” You are dead-on correct that the cities are [...]

Obama’s statements on taxes explained

Having the benefit of years of pouring through data and trying to correct entrenched assumptions about what that data is telling us, has been far more useful in this election than in the past. I find it fascinating to listen to the “words” and “speeches” of Oabama and the ease at which he uses statistics [...]

So what of McCain’s idea of a "Spending Freeze"

We all hear how big the national debt is. They even have Debt Tickers that attempt to show it. The National Debt is currently at 10Trillion dollars. But what of the yearly impact on this number. From 2005-2007 the Debt rose by just under 1.1Trillion dollars. Or about 550 billion a year.

Tracking the growth [...]

Invalid Tax Theory Abounds

I heard it yet again twice today. This time clearly state don Lou Dobbs Tonight and eluded to on Hannity and Colmes. It is the seemingly honest statement that the Bush tax cuts are the cause of the current deficits. The problem is that this common opinion is absolutely false. It is a perfect example [...]

Obama tax plan: $1000 Tax credit to replace your job

The fundamental stupidity of the Obama tax plan is that he will increases taxes on companies that actually make profits in these tough times. The impact of those taxes will be two-fold. He does not just want to increase the corporate tax rate but also the capital gains taxes on anyone that happens to want [...]

Date Line Washington DC: Feb 14, 2009

President Obama, appearing in the Rose garden, after his emergency economic summit with the Democratic leaders of Congress, today announced emergency action to help resolve the economic crisis. “Today I asked Congress to act quickly to enact my tax proposals. Unfortunately, due to the depth of crisis started by the failed policies of the Bush [...]