Comments on: The Fool(s) On The Hill

By: Bryan

Bryan — Sun, 31 Jul 2011 21:44:20 +0000

After a decade of tax cuts we still don’t have any jobs, so why do we keep hearing it. The reality is that tax cuts don’t create jobs.

We need to spend to create jobs, and the only entity available to do any spending is the Federal government. Local governments have to cut their spending, business and the wealthy refuse to spend, so the Federal government is the only entity left, and they are cutting.

We are cutting a path to financial ruin.

By: Steve Bates

Steve Bates — Sun, 31 Jul 2011 19:56:23 +0000

Here’s the most important thing Orman says in that column:

Here’s what is so truly absurd: We wouldn’t have a deficit crisis, if we had more people working. The revenue that would come from halving our unemployment rate would reduce our long-term debt to manageable levels.

Seems to me that’s the sort of policy debate Congress should be having right about now: What’s the best way to get more Americans working? When was the last time you heard a peep out of Washington about that?

When indeed! If Obama ever had any credentials as a Democrat (and I’m not one to defend him on that score), he has given them up by not pushing for higher employment. All roads to financial health lead through employment, even if plenty of GOPers refuse to admit it. You can’t run around Mr. Keynes!

By: Kryten42

Kryten42 — Sun, 31 Jul 2011 06:15:29 +0000

Yes. I’ve said before (several times over the years in fact) that what the gang of perverts does is simply blackmail and extortion. Unfortunately, I don’t see you getting a Gov that would have the balls (or the inclination even) to do the right thing and have them all arrested, or at the very least, criminally investigated. *shrug*

Agree with you there Steve also. A good analogy! *sigh*

By: Bryan

Bryan — Sat, 30 Jul 2011 22:53:15 +0000

Yes, that is an even more accurate analogy.

Update: someone posted it to YouTube.

By: Steve Bates

Steve Bates — Sat, 30 Jul 2011 22:12:35 +0000

This is pretty much an example of extortion – “Do what I tell you or the economy gets it!” Cleavon Little in Blazing Saddles comes to mind...