Tuesday, October 04, 2011
A Few Simple Truths
The Way Things Are!
Corporate jets are efficient transportation and time savers for movers and shakers.
There is nothing wrong with making a lot of money, and keeping it– minus taxes, of course.
Contributors to our society reap rewards commenserate with their value in the marketplace.
Deficit spending has a hard limit; it will have to stop when you cannot pay back in full. (We are too near that now for comfort.)
There is no such thing as a free lunch.
It isn’t a secret that corporate taxes are factored into the price to the customer, and the higher these taxes, the higher the price charged, and the less competitive the product is in the world market. So now we have an ever decreasing manufacturing sector and number of jobs, because to remain competitive we have shipped the manufacturing jobs overseas, mainly to China. They will not return.
The top 10% of tax payers today pay over 70% of the taxes: The bottom 40-50% pay nothing, so in a real sense the bottom half are not stakeholders but simply takers.
The free market is the most efficient way to control an economy, but it needs the right amount of regulation to ensure a level playing field and control of fraud and abuse, and this needs constant work to keep up.
This free market approach has been the best for our economy, including health care.
Environmental stewardship is an important objective for society, but we cannot wreck the economy to achieve unrealistic environmental goals, or we will only achieve a beautiful, clean, yet dirt poor, vulnerable and starving nation. Further, the world measures of clean air and water will continue to be negative until China and India, for two, make enormous strides in their lands.
The jobless rate is far closer to 16% to 18% than the carefully calculated 9.1%, because the government doesn’t count those who have stopped seeking non-existent jobs, and shouting out the true number would be politically rather bad for Obama.
Judicious tax cuts stimulate the economy via increased consumer spending and demand, which in turn sparks hiring, production of more supplies and thus the flow of wages and profits, and lo and behold, greater tax revenue. The deficit is reduced by the disciplined spending of less than the revenue income.
The chief characteristics of illegal immigrants is that they are here illegally and they work well for less than citizens demand.
If we pursue our main natural energy resources to the fullest we can become energy independent inside of 10 to 15 years, and that means coal, oil, nuclear and natural gas. By playing with solar, wind, and wave sources, but not the main sources, we will still be heavily dependent on imported oil from the ME after that same 10 to 15 years. We need to get cracking and fracking right now!
Utopian or collective societies fail because they are diametrically opposed to human nature, and you can’t change or homogenize human nature by edicts or at the point of a gun. You can, however, create a huge mound of bodies of misfits and a bare subsistence level for the majority of sullen and resentful citizens who live on the promise of nirvana in another five years, and another five years, and…. No thank you!
The Way Things Are!
Corporate jets are efficient transportation and time savers for movers and shakers.
There is nothing wrong with making a lot of money, and keeping it– minus taxes, of course.
Contributors to our society reap rewards commenserate with their value in the marketplace.
Deficit spending has a hard limit; it will have to stop when you cannot pay back in full. (We are too near that now for comfort.)
There is no such thing as a free lunch.
It isn’t a secret that corporate taxes are factored into the price to the customer, and the higher these taxes, the higher the price charged, and the less competitive the product is in the world market. So now we have an ever decreasing manufacturing sector and number of jobs, because to remain competitive we have shipped the manufacturing jobs overseas, mainly to China. They will not return.
The top 10% of tax payers today pay over 70% of the taxes: The bottom 40-50% pay nothing, so in a real sense the bottom half are not stakeholders but simply takers.
The free market is the most efficient way to control an economy, but it needs the right amount of regulation to ensure a level playing field and control of fraud and abuse, and this needs constant work to keep up.
This free market approach has been the best for our economy, including health care.
Environmental stewardship is an important objective for society, but we cannot wreck the economy to achieve unrealistic environmental goals, or we will only achieve a beautiful, clean, yet dirt poor, vulnerable and starving nation. Further, the world measures of clean air and water will continue to be negative until China and India, for two, make enormous strides in their lands.
The jobless rate is far closer to 16% to 18% than the carefully calculated 9.1%, because the government doesn’t count those who have stopped seeking non-existent jobs, and shouting out the true number would be politically rather bad for Obama.
Judicious tax cuts stimulate the economy via increased consumer spending and demand, which in turn sparks hiring, production of more supplies and thus the flow of wages and profits, and lo and behold, greater tax revenue. The deficit is reduced by the disciplined spending of less than the revenue income.
The chief characteristics of illegal immigrants is that they are here illegally and they work well for less than citizens demand.
If we pursue our main natural energy resources to the fullest we can become energy independent inside of 10 to 15 years, and that means coal, oil, nuclear and natural gas. By playing with solar, wind, and wave sources, but not the main sources, we will still be heavily dependent on imported oil from the ME after that same 10 to 15 years. We need to get cracking and fracking right now!
Utopian or collective societies fail because they are diametrically opposed to human nature, and you can’t change or homogenize human nature by edicts or at the point of a gun. You can, however, create a huge mound of bodies of misfits and a bare subsistence level for the majority of sullen and resentful citizens who live on the promise of nirvana in another five years, and another five years, and…. No thank you!
Labels: Comments on the day, Conservatism, Economy, Government, Honesty, Illegals
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