Showing posts with label tax and spend. Show all posts
Showing posts with label tax and spend. Show all posts

Friday, November 29, 2019

Liberals


The following groups catch in my craw (whatever that is):

- Socialists/Commies
- Gun Grabbers
- Climate Chicken Littles
- America Lasters
- “Reproductive Righters”
- Diversity Pollyannas
-Tax and Spenders
- Safe-Space Snowflakes
- ANTIFAs
- Deep Staters
- Race Baiters
- Gender Benders
- Statue Iconoclasts
- The Soros Mob
- Globalists
- Interventionists
- Open-Borderites

And, amazingly, all these poltroons often are packaged together under the stolen and misused term Liberals (I could have said Democrats) ...

Saturday, January 16, 2016

Elevator Message


Back when I was seeking venture capital, I was told to condense my pitch into what could be sold in a short crowded elevator ride. Hillary Clinton was asked on "Morning Joe" yesterday by Mika Brzezinski to give the essence of what she would do if elected president. In an around-the-barn rambling she offered a disjointed series of platitudes that did not sell me ... or, I doubt, very many in her TV audience ... see if you can figure out what her core message is: Powerline Blog Entry. The elevator she would have to have been on would have been empty and in the Empire State Building.

As a contrast, Donald Trump obviously knows how to craft a terse message ..."Make America Great Again."

(Of course, if Hillary or Bernie Sanders were totally candid, they might just say, "Tax and spend.")

Monday, April 13, 2015

Tax and Spend


The Democrats are nothing if not consistent. It seems that, in the first half of fiscal 2015, the Obama administration kept true to form ... taxing its peons to the hilt while still spending $430 billion more than it took in (which we will now go hat in hand to the Chinese for) ... running up a bigger deficit than this same period last year ... to the tune of an additional $17 billion ... see: CNS News Story. This is all as reported by the nonpartisan Congressional Budget Office (CBO).

Seems to me I recall that President Obama was bragging not too long ago about how his economic policies were continuing to put our nation on a firmer financial footing. But at this rate the United States will accumulate a national debt of over $20 trillion before our fearless leader leaves office. It has been estimated the a national debt of $25 trillion would be so large that it would suicidal. Kinda like the United States of Greece.

Are you worried?  I am ...

Thursday, March 14, 2013

Pattycake



Senator Patty Murray (D, Washington) just submitted the Democrat’s first 10-year budget proposal in the last four years … about a week after Representative Paul Ryan (R, Wisconsin) offered the Republican’s perennial plan … and about a month before President Obama has promised to submit his administration’s fiscal guidelines.  This is topsy-turvy.  The Congress as per the Constitution requires that the President must offer his budget by the first Monday of February to be followed, traditionally, by the Senate and the House reconciliations (see: Redhaired Grrl ).  Needless to say, although Paul Ryan has created a ten-year path to zero deficits, Patty Murray does not even offer a feigned attempt to do so.  And, in his “leading by following” style of (non)-governing, Obama’s budget is expected to even outdo Patty Murray’s profligate taxing-and-spending proposal.

To be specific, Patty Murray’s budget includes about $1.5 trillion of additional tax increases and fire-hose spending that culminate in annual deficits well above $500 billion continuing well after the ten-year view of her document … resulting in a total increase in our national debt by over $7 trillion by 2023 (to $24.4 trillion).   Please explore the details of this budget proposal at: Powerline Blog.  But what is even more maniacally unrealistic is that Patty Murray is using economic (GDP) growth expectations that are obviously science fiction.  Here they are as calculated by a clever reader of the Powerline reference, Mike McNary, and offered therein:

Year    Expected GDP Growth
2014            3.81%
2015            5.92%
2016            6.58%
2017            6.20%
2018            4.93%
2019            4.52%
2020            4.40%
2021            4.32%
2022            4.26%
2023            4.23%

Such robust economic expansion is possible and has happened in the past (like under Ronald Reagan), but Obama’s record for GDP growth shows that a 2% annual increase is the best he has been able to produce … but this was before his recent actual and additional hoped-for tax increases and the impact of Obamacare on our nation’s economy.  So, dear reader, if Patty Murray (and President Obama) have their way with us, there is no possibility that this country can outrun fiscal ruin over the next ten years.

Afterward: It's even worse!  Senator Sessions exposes Democrat double-counting budget mendacity.  See: Breitbart Story

Monday, September 19, 2011

Stupid Republicans

Stupid Republican
The Republicans have for years called the Democrats the "tax and spend party."  Obviously they have had it wrong.  The savvy Democrats are clearly the "spend and then tax party" ... see: $1.5 Trillion in New Taxes and Coming Obamacare Taxes.  This most assuredly will get the economy going ...

Savvy Democrat