Sunday Morning Coming Down

My angel and I are sitting at the kitchen table at times listening to the radio on this foggy St John's NL Sunday morning. I get a kick out of the station, VOCM, ( it is on line if ya wanna Google it )thirty minutes of oldies music alternated with thirty minutes of bible thumping by various hard core shamans. My angel is on her laptops...yeah she is using two...working on her Facebook Frontierville games and I have been reading the NY Times which as always gets me on a soapbox.......


This article in today's NY Times says that the best way for the USA to get its fiscal house in order is to grow its way out of debt. Yep, certainly agree...more people working and business making money means more taxes and on paper it looks good. The writer in the Times refers us back to the Clinton era when although Clinton raised taxes the national debt was being paid off and there was a budget surplus...(well, yeah sorta kinda a surplus but how can you have a surplus when you still owe trillions).

I remember those days. Bill Clinton was getting a hummer in the oval office while talking to a senator on the phone...and taking credit for a booming economy that started when Reagan cut taxes. But in any event, the writer in the Times in 'on the money' about the money. The country can grow itself out of debt; but not with a democratic administration and senate. And I have my doubts that it can with the current crop of republicans who are more 'RINO' than fiscal conservatives.

Look people, why should anyone venture capital in the USA today when they know that if they make a profit either labor unions or government is going to fight for the profit?

I say again, a national right to work law coupled with a fixed tax rate good for at least twenty years (unless congress approves a raise of taxes by a two thirds majority) would give business an incentive to expand and hire. Moreover, if the tax loopholes that allow business to bring money back home without paying taxes were closed it might give them an incentive to start producing in the USA again. Yeah, damn right and that would mean more jobs and more taxes for the government.

But I am pessimistic that it will ever happen. The American people need a rude fiscal awakening to get them to understand that there is no free lunch. They demand more and more from government and those in government for the most part provide it regardless the cost so they can get reelected.
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The jumpstart this morning tastes a little different...a brand of coffee I had not tried before. But it is strong and hot and has a kick...and that is why I drink the stuff. Life is good my friends...my angel kissed me good morning and told me she loved me. And that makes my day. Y'all come, heah?