Let’s Put the Fiscal Cliff Tax Hike in Perspective, Shall We?
Spending cuts? We don’t need no stinking spending cuts. via ZeroHedge
Small Businesses and Economists Agree: Higher Taxes is a Bad Idea
With President Obama intent on raising taxes on anyone making $250,000, it seems certain that a lot of small businesses will be impacted. A Chamber of Commerce survey confirms this: A survey of U.S. Chamber small business members found that impending tax increases will slow hiring and stall business investment and expansion: Is the impending [...]
Goldman-Sachs: “Congratulations Mr. President, We Are Cutting Q4 GDP To 1.5%
Are we heading for, or are we already on, the slippery slope? U.S. markets opened sharply lower this morning, to begin “adjusting” for a second term of the new normal. Congratulations on the four more years, Mr. President. To celebrate, Goldman starts by cutting the Q4 GDP forecast from 1.9% to 1.5% and lets not [...]
Wile E. Obama and his ACME Economic Destruction Co. – Working Hard…
…to keep the economy in the crapper for as long as possible. More great economic news from the Congressional Budget Office (via The Hill): The Congressional Budget Office on Tuesday predicted the deficit will rise to $1.08 trillion in 2012. The office also projected the jobless rate would rise to 8.9 percent by the end [...]
Illinois Loses Most Jobs in the Nation After Tax Increase; Contrast This With Virginia’s Approach
The Foundry has a demonstration of what happens to jobs when governments attempt to rectify their uncontrollable spending habits on the backs of the taxpayers: they diappear. Take the example of Illinois, whose employment started to decline when the governor annound plans to drastically increase individual and corporate tax rates: Correlation doesn’t necessarily equal causation, [...]
“As Long as This President is in Office, a Real Solution is Unattainable”
That’s Mitch McConnell, Senate Minority Leader, summing up efforts over weeks, months, and years to try and get something done about our national debt crisis. That’s not news to many of us, but it’s refreshing to hear someone who’s been involved in discussions to try and reach some kind of deal with the president -whose [...]
Facebook
Twitter
LinkedIn
FourSquare
Technorati
RSS
Flickr
