The stark reality of our national debt

Reams have been written about extending, or not, the Bush tax cuts. Many in Washington claim, now that the election is upon us, that something must be done to reduce the deficit, and, we are presumably led to believe that increasing taxes on the very wealthy is the answer.

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Economics Primer: The Laffer Curve

For those of you interested in a lesson about the Laffer Curve, here you go. I think it’s necessary to bring the topic of tax rates – and those of tax increases and tax decreases – a bit more into focus since the topic comes up so frequently.

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The true cost of hiring just one employee

I have talked about this until I am blue in the face. But when I heard financial wizard and former actor, Wayne Rogers, put it all down in numbers, I just had to record and present. Those of you who have never run a business, never created a job, never met a payroll, never sweated…

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Senator Kerry: do as I say, not as I do

Of course we all know by now that Senator John Kerry (D. Ma.) moored his new gabillion dollar yacht (built in New Zealand) in Rhode Island so that he wouldn’t have to pay sales and use taxes of over $500,000 to the state of Massachusetts.  But, here is what you may not remember. While running…

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Odds and ends

Two other articles caught my attention this week, neither of which warranted an entire post, but, both of which need your attention. Odds: GM is now seeking new help from more financial institutions to assist GM in obtaining loans for GM customers who want to purchase cars.  About 3 years ago, GM sold control of GMAC, it’s “in…

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Sec. Clinton does not think the rich pay enough taxes

Yup, the rich do not pay enough taxes. Well Secretary of State Clinton, since you think that way, may I suggest you and your husband cut a check and pay extra local, state and federal taxes immediately. There is nothing stopping you from paying more, but you won’t do it … and you know it.

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Dr Zero and Peter Schiff … and Fox 61

Big doings tomorrow. Hot Air blogger and economic analyst extraordinaire, Dr Zero, joins us tomorrow, at 10 AM. I have been more than a little impressed with John Hayward, otherwise known as Dr Zero. We’ll talk about his two most recent posts … The Dreadful Equation and The Luxury of Conservation. These are must reads,…

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