One thing we do know about economics and the effects on the federal budget: ‘If people ain’t working, they ain’t paying taxes! Income, corporate, payroll, excise, capital gains…nothing, nada, zippo!’ Any convoluted scheme to raise taxes on this group or another is doomed to abysmal failure if people are not able to find a job […]
I can’t think of a more appropriate venue to read and comprehend a writing about Appalachia than while overlooking the rolling mountains near Summersville, West Virginia, with cool breezes blowing down
I don’t know about you, but I woke up one day, some undetermined moment a few years ago, and suddenly found myself in a country that is being run by an overabundance of rules put in place by unrecognizable leaders in our government. By unrecognizable, I mean people with whom I can’t relate. By that […]
President Obama is a peerless liar. He is so consistent that one only need know he is speaking to know he is lying. Take, for instance, his recent quote about what have become known as the Bush tax cuts. Prez says in part: “… the same tax cuts that have added hundreds of billions of […]
“But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years?” – Thomas Jefferson, […]
The left changes monikers whenever their chosen title becomes too easily identified with their collectivist political intentions. They seized the title “Progressives” in the early 20th Century and adopted “Liberal” when the progressive image became tarnished. Today, with liberalism inextricably linked to collectivism, the left has returned to the progressive label. But one problem remains. […]
You know you’re really making an impact on local and national politics when you begin to be noticed and perhaps targeted by politicians like John Lewis, by organizations like the NAACP, and by liberal journalists like E.J. Dionne. And so members of the Tea Party find themselves in just such company with accusations by Mr. […]
Little is said about why a larger government decreases economic growth, although symptoms of this are regularly reported. In July 12 issue of The Wall Street Journal, Andreas Bergh and Magnus Henrekson report on the Swedish experiment in socialism and its effect on that economy. For comparative purposes the gentlemen went back to 1960 when […]
Here’s what happened the last time there was a Social Security ‘crisis’ in 1983, when incoming payroll tax receipts were just about to go below the amount of expected benefit payments going out: * Alan Greenspan was appointed to chair an august national commission to ‘Save Social Security!’. * Your payroll taxes went up. Way […]
Over the years, non-profits have become more and more dependent on government (taxpayer funds) to fund their budgets. Sure enough, the number of non-profits has escalated, staffs have grown and, of course, the need for more funds. We literally have dozens of non-profits in Mecklenburg, each with its own paid staff, many of them with […]
