Comments on: In A Related Note

By: Bryan

Bryan — Wed, 21 Apr 2010 22:29:45 +0000

Florida depends primarily on the sales tax, and it isn’t a very efficient or effective funding source. We are in deep yogurt because of the lack of consumption.

The other problem would be the exemptions that would start coming out of Congress immediately following the introduction of a VAT. The most expensive products would be the first to receive exemptions, trust me on this.

Yes, Lady Min, I, too, expected better things of Paul Volcker. He has become a “team player”, which is unfortunate.

By: LadyMin

LadyMin — Wed, 21 Apr 2010 19:35:57 +0000

That’s disappointing. Volcker was one of the few that actually made sense when he talked. He predicted this financial crisis back in 2005. He saw where we were headed. He seemed to have a grasp of how the real world worked back then. Working as an economic advisor for the Obama administration seems to have affected his brain.

By: Kryten42

Kryten42 — Wed, 21 Apr 2010 15:58:01 +0000

Take it from someone living in a country totally screwed by Howard’s GST! IT TOTALLY SUX!!

All it’s done is destroy small-medium businesses and makes accountants even wealth er than they were, and make the crooked State Gov’s even wealthier so they can enjoy far more perks while actually spending less on the State!

Should hear the screams of outrage here when Rudd proposed that the Fed Gov should manage the GST pool and dole out amounts for approved legitimate State projects! I was sooo PMSL! 😆

(Mind you… It only took Rudd two days to negotiate Health Reform here (appart from WA, which has the only Liberal Party Gov here (Righty Repug’s to you)! Obama? Ehhhh… Not so much.) 😛

Rudd presses on without WA

See… This is what a Gov that has a majority does when in power! Ignores the minority whiners and takes away their candy until the people get fed up enough to force the whiner to cave in, or sack him! 😉 I think it’s called…. Ummm… Oh, right… Democracy! 😆 😛

By: hipparchia

hipparchia — Tue, 20 Apr 2010 22:02:25 +0000

not that there’s anything wrong with make-work either, if the economy is tanking, but yes, we have huge laundry lists of things that really do need to be done.

By: Bryan

Bryan — Tue, 20 Apr 2010 16:30:58 +0000

It would be understandable if we didn’t have so much that needed doing, like fixing roads, bridges, sewer treatment and water systems. The Feds have been deferring maintenance for decades and we are paying the price in a failing infrastructure. These are things that need to be done, not make work.

By: cookie jill

cookie jill — Tue, 20 Apr 2010 14:49:10 +0000

They can't create jobs. Seems that most of the morons in DC haven't had a real one and don't know what one is even if it hit them in the head. .-= last blog ..the drug addled gasbag (rush limbaugh) =-.

By: Bryan

Bryan — Mon, 19 Apr 2010 21:55:09 +0000

When the people making the decisions don’t live in the real world of 90% of the people, they aren’t likely to understand that actual impact of those decisions. If you don’t do the shopping, you don’t know what things cost.

By: Steve Bates

Steve Bates — Mon, 19 Apr 2010 06:40:57 +0000

Paraphrasing the Smothers Brothers, “He fell into a VAT on chocolate… / he fell into a VAT on chocolate…”

What a terrible idea, taxing consumption during a recession or depression. Let’s do stifle demand…