Budgeting in the United States of Me

Taxes are a lot like salaries. If you paid someone $1 million a day (oh wait, we do) they’d scream bloody murder they should’ve gotten $1,ooo,ooo.o1. If you taxed someone 1%, they’d whine they shouldn’t have to pay more than 000.1%, with those whining the loudest being the people with the lowest tax rates and highest pay.

Perhaps the most oft-repeated charge against Obama bin Karl Marx and the Democrat Politburo is that they’re dangerous socialists. But according to a recent story from CNBC, a funny thing happened on the way to the Kremlin. If you look at their list of the 10 most socialist states, there’s a whole lotta red in Governors’ mansions. In fact, six of 10 governors sport big red Rs next to their names. BTW, the People’s Republic of California didn’t even make the list.

All the tri-cornered hats and tea bags notwithstanding, the charge that most states are tax and spend Central Bureaus is shaky too.

Despite the screeching about high taxes, Americans enjoy some of the lowest taxes in the western world. American companies pay the second highest taxes, but they don’t mention their taxes are high because American companies gorge on taxpayer-funded corporate welfare far more damaging than the most greedy, imaginary, Cadillac-driving welfare queen.

American Productivity: The Bee’s Knees
They also don’t say they’re not leaving the US so much because of high taxes, but because they can hire workers from Third World countries at pennies on the dollar relative to Americans workers. Oh yeah, American workers who are generally rated as some of the most productive in the world.

The uber-capitalist view on this is that government is inherently inefficient and can’t be trusted with a dollar and there is massive fraud out there to be picked like leaves from the Liberty Tree. However, everyone’s favorite tax and spend worker’s paradise, California, has the lowest number of employees per 10,000 residents.

And when it comes to California’s current economic pickle, it’s useful to remember that if California were a country, its economy would be the eighth largest in the world – somewhere around the size of Spain’s. Fixing California’s problems is as difficult as fixing the two national economies that’ve already gone off the edge – Iceland and Ireland. BTW, both have smaller economies than California’s. But take heart don’t tax and spender conservatives, if Ireland goes, we could overtake Spain. USA! USA! USA!

Plus, a remnant from the last misguided tax revolt is a draconian tax and spend process worse than the broke Eurotrash’s. You may have heard of it, Prop 13. Prop 13 makes it extremely difficult to raise taxes to support social programs, infrastructure projects, and most importantly, education. So, California’s educational system has dropped from best in the nation to sub-Alabama levels since its introduction, its roads look like mule trails to the Hindu Kush, and social and educational programs have taken the biggest hits in the sausage slicing process…in a state with more poor people than any other.

Rid the government of fraud you say?

That’s a dandy idea, but none of our erstwhile CEO/politicians can explain how much there is, where it is, or how to cut it. BTW, if we removed of all of it, the spending effect – like banning earmarks – would be like pissing into a hurricane.

Of course we could start cutting the continued contracts with known fraudsters like, Blackwater/XE, Halliburton, and dozens of others carbuncles on the ass of the American economy. But hey, what do I know…except that having worked in both the public and private sectors I can vouch for the fact that fraud, abuse, and waste in corporate America is roughly the same in government America after being scaled to their relative sizes.

Moossilini and the Gajillionaire
Yes, people have a right to complain when their tax money isn’t spent wisely and no one wants to pay any more than necessary (excepting gajillionaire Warren Buffet, but you know how crazy the unbelievably rich are). But there’s the rub. One man’s waste is another man’s essential. If it were easy, we wouldn’t have a problem – even if Moosilini says it is. Still, that doesn’t mean we shouldn’t try.

Yet, you can bet that when it comes to the cutting, some of the same folks who now complain righteously, albeit incorrectly, aren’t going to be happy.

Do you think that Granny holding the “Get Rid of Obamunist” sign is going to be happy when the people she voted for decide that her Social Security and Medicare are wasteful perks? How about those who are ready to send Junior off to college only to find that all that grant money went poof? And when Mom gets e-coli from some ConAgra-raised hamburger, treated with bum drugs, and it eventually kills her (without even the courtesy of a death panel) the FDA doesn’t look so wasteful anymore.

We are all Americans and part of the responsibility of every American is to chip something in for the common good of the nation – or we would be called the United States of Me.

Stop yelling about how bad you’ve got it.

You could be working 14 hours a day in an Indonesian sweatshop to make shirts you’ll buy on the cheap at Walmart.

Always low prices…Always.

Cross posted at The Omnipotent Poobah Speaks!

Budgeting in the United States of Me

Taxes are a lot like salaries. If you paid someone $1 million a day (oh wait, we do) they’d scream bloody murder they should’ve gotten $1,ooo,ooo.o1. If you taxed someone 1%, they’d whine they shouldn’t have to pay more than 000.1%, with those whining the loudest being the people with the lowest tax rates and highest pay.

Perhaps the most oft-repeated charge against Obama bin Karl Marx and the Democrat Politburo is that they’re dangerous socialists. But according to a recent story from CNBC, a funny thing happened on the way to the Kremlin. If you look at their list of the 10 most socialist states, there’s a whole lotta red in Governors’ mansions. In fact, six of 10 governors sport big red Rs next to their names. BTW, the People’s Republic of California didn’t even make the list.

All the tri-cornered hats and tea bags notwithstanding, the charge that most states are tax and spend Central Bureaus is shaky too.

Despite the screeching about high taxes, Americans enjoy some of the lowest taxes in the western world. American companies pay the second highest taxes, but they don’t mention their taxes are high because American companies gorge on taxpayer-funded corporate welfare far more damaging than the most greedy, imaginary, Cadillac-driving welfare queen.

American Productivity: The Bee’s Knees
They also don’t say they’re not leaving the US so much because of high taxes, but because they can hire workers from Third World countries at pennies on the dollar relative to Americans workers. Oh yeah, American workers who are generally rated as some of the most productive in the world.

The uber-capitalist view on this is that government is inherently inefficient and can’t be trusted with a dollar and there is massive fraud out there to be picked like leaves from the Liberty Tree. However, everyone’s favorite tax and spend worker’s paradise, California, has the lowest number of employees per 10,000 residents.

And when it comes to California’s current economic pickle, it’s useful to remember that if California were a country, its economy would be the eighth largest in the world – somewhere around the size of Spain’s. Fixing California’s problems is as difficult as fixing the two national economies that’ve already gone off the edge – Iceland and Ireland. BTW, both have smaller economies than California’s. But take heart don’t tax and spender conservatives, if Ireland goes, we could overtake Spain. USA! USA! USA!

Plus, a remnant from the last misguided tax revolt is a draconian tax and spend process worse than the broke Eurotrash’s. You may have heard of it, Prop 13. Prop 13 makes it extremely difficult to raise taxes to support social programs, infrastructure projects, and most importantly, education. So, California’s educational system has dropped from best in the nation to sub-Alabama levels since its introduction, its roads look like mule trails to the Hindu Kush, and social and educational programs have taken the biggest hits in the sausage slicing process…in a state with more poor people than any other.

Rid the government of fraud you say?

That’s a dandy idea, but none of our erstwhile CEO/politicians can explain how much there is, where it is, or how to cut it. BTW, if we removed of all of it, the spending effect – like banning earmarks – would be like pissing into a hurricane.

Of course we could start cutting the continued contracts with known fraudsters like, Blackwater/XE, Halliburton, and dozens of others carbuncles on the ass of the American economy. But hey, what do I know…except that having worked in both the public and private sectors I can vouch for the fact that fraud, abuse, and waste in corporate America is roughly the same in government America after being scaled to their relative sizes.

Moossilini and the Gajillionaire
Yes, people have a right to complain when their tax money isn’t spent wisely and no one wants to pay any more than necessary (excepting gajillionaire Warren Buffet, but you know how crazy the unbelievably rich are). But there’s the rub. One man’s waste is another man’s essential. If it were easy, we wouldn’t have a problem – even if Moosilini says it is. Still, that doesn’t mean we shouldn’t try.

Yet, you can bet that when it comes to the cutting, some of the same folks who now complain righteously, albeit incorrectly, aren’t going to be happy.

Do you think that Granny holding the “Get Rid of Obamunist” sign is going to be happy when the people she voted for decide that her Social Security and Medicare are wasteful perks? How about those who are ready to send Junior off to college only to find that all that grant money went poof? And when Mom gets e-coli from some ConAgra-raised hamburger, treated with bum drugs, and it eventually kills her (without even the courtesy of a death panel) the FDA doesn’t look so wasteful anymore.

We are all Americans and part of the responsibility of every American is to chip something in for the common good of the nation – or we would be called the United States of Me.

Stop yelling about how bad you’ve got it.

You could be working 14 hours a day in an Indonesian sweatshop to make shirts you’ll buy on the cheap at Walmart.

Always low prices…Always.

Cross posted at The Omnipotent Poobah Speaks!

A very simple economic plan

A very simple plan:

Note: I am not an economist or T.V. pundit, etc.  This is my take in my own layman's terms of what the basic problem is and how history has shown how to fix it.

Somehow, through all the bloviating politicians, T.V. pundits, etc, we have forgotten who is really behind the "markets".  It's us, the consumer.  2/3 of the American market is driven by consumer spending.

It's pretty simple psychology.  I feel good, I buy stuff.   I feel bad, I don't.  As such, injecting 700 billion into the ether for liquidity, capital or any other academic term you want to use will not change anything. You might as well have gone to Vegas with it.  (Although, with that much cash I think we could afford Monte Carlo.) You have to do something else.  You have to make the general public at large feel like it's going to be ok. Bloviating about capital injection and other jargon isn't going to get people to go out and buy anything.  More below...

There's more...

Subprime, Housing, Energy, Credit Card Crises are Symptons

As rising gas prices, sub-prime mortgages, and nascent credit card disaster impose severe hardships on over 90% of Americans, public discourse focuses on the energy crisis, global warming, alternative fuels, bailouts, interest rates and the attendant economic woes.  As the economic, political, and cultural elites hypothesize over the causes and solutions to the nations problems, they deliberately ignore the real problem which has been the shift over the last 40 years from a Keynesian to a free market economic model.  Whereas Keynesian economic theory embraces the principle of some redistribution of wealth and a major role for government to provide basic programs and services, free market economics embraces the principle that the market should make all economic decisions and government should not interfere and distort the natural priorities attained otherwise.

There's more...

TheMiddleClass.org: Your Toolkit for Holding Congress Accountable

Dream with me for a minute. Imagine that we-the-people could easily find out how our members of Congress voted on the bills that are most important to us. Imagine that there was a place that explained clearly and simply how those votes really impact America's current and aspiring middle class.
And, while we're dreaming, imagine that Congress knew that Americans of all walks of life could keep an eye on them, comparing their rhetoric in favor of strengthening and expanding the middle class with their votes.  

Wake up and smell the Web 2.0 glory.

There's more...

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