What Libertarians are Saying vs. What Retards Think it Means.
Onward and Upward: heyjk: So with all the tax increase talk, what’s the point of working...
So with all the tax increase talk, what’s the point of working hard to get rich any more? I mean really, what’s the incentive?
I hate this argument. What is the motivation behind it? The success and sense of accomplishment perhaps? I don’t f-ing know. I don’t really care either…
I do volunteer work for a sense of accomplishment. I work my ass off for money.
And I DO really care…
It’s not like everyone works and tries equally and then you magically end up in one of these classes of society. For me personally, I’m working hard to some day have enough money to retire on and live well. But why have I toiled for the last 10 years, and will for another 30 years (or more), only to be told that I can live just fine with whatever I have, and it’s totally okay that 40% of my income needs to support others who might not have had that commitment to hard work their whole lives?
I know salaries like 250k sound crazy, and it’s easy to say, “They have plenty of money, screw them for complaining about taxes!”
But it’s not about actual dollar values, it’s about percentages. You can Google the latest figures, but it’s something like the top 2% that pay the majority of our taxes, and the Rich and Super Rich already pay a far disproportionate percentage of their income to the government.
You clearly agree that we have a system that discourages getting ahead and earning money. Because the more you earn, the more the government takes. And you’re fine with that.
Are you working for just a sense of accomplishment, or does the money you make matter to you?
2 years ago
April 15, 2011
reblogged via 
Fiscal policy does not work. The US has just tried the biggest fiscal experiment in history and it has failed. What matters is the quantity of money and in extremis that can be increased easily by quantititave easing. If the Fed doesn’t act, a double-dip recession is a virtual certainty.
—
- Professor Tim Congdon, International Monetary Research
2 years ago
May 26, 2010
Private pay is down, government benefits are up. For both, they are at the lowest/highest in history. Lowest private pay EVER, highest amount of government benefits EVER.
The original graph is from this USA Today Article. I did some quick photoshopping to see when the two will meet, showing when America will become a complete welfare state.
All I did was repeat the existing line at the exact same angle. Personally, I think this is a conservative estimate, as the major up-turns in government benefits happened (oddly?) in the last two years, and will accelerate in the coming years.
Just something to think about. Good news is that soon there will be no reason to work!
2 years ago
May 25, 2010
I am truly disappointed we are commencing our historic debate on one of the most significant and pressing domestic issues of our time with a process that has forestalled our ability to arrive at broader agreement on some of the most crucial elements of health care reform. The bottom line is, the most consequential health care legislation in the history of our country and the reordering of $33 trillion in health care spending over the coming decade shouldn’t be determined by one vote-margin strategies – surely we can and must do better.
— Senator Olympia Snowe, November 2009
3 years ago
December 17, 2009
Raising the Federal Debt Ceiling
Does it bother anyone else that this is being done because of re-election timing, not what is best for the country?
I don’t know about you, but when I’m low on cash, I start cutting back and really watch my spending. Why can’t government follow the same rules? When does it end?
3 years ago
December 10, 2009
The president’s announcement is further proof that TARP has morphed from an emergency injection of liquidity to thaw frozen credit markets into a $700 billion revolving slush fund to promote the Democrats’ political, social and economic agenda.
— Rep. Jeb Hensarling, R-Texas
3 years ago
December 8, 2009
Florida Drivers Pay More Now
From the Orlando Sentinel:
The cost of driving in Florida goes up today.
- Vehicle Registrations went up from $22.50-32.50 to $31-$44
- New license plate up to $28 from $12
- License renewal goes up to $48 from $20
- First-time car registration is up to $225 from $100
- Late drivers-license renewal is up to $15 from $1
It’s worth noting that there hasn’t been an increase in fees since 1983. Some say it’s poor management that there wasn’t a more steady increase so the jump wouldn’t be so drastic, but the politicians are trying to fix their state deficit mess now.
Also, the $1-per-pack cigarette fee goes into effect today.
Happy spending!
3 years ago
July 1, 2009
Citi’s Penny Stock
You can get a share of Citi Bank’s stock for less than what they charge to use their ATMs.
4 years ago
March 5, 2009
GM auditors raise doubts about viability
Wow, shocker.
Next time, I would like to flush my money directly down my own toilet, okay?
4 years ago
March 5, 2009
DO NOT pass the stimulus bill in a rush.
Ok, we aren’t getting the promised 48 hours to review the new stimulus bill.
Now that the 1,000-page bill finally surfaced last night, our representatives are supposed to cast their final vote on it by 6PM today.
DO THEY NOT UNDERSTAND? THIS CHANGES THE FUTURE OF OUR COUNTRY.
A. How will the supportive Democrats have a chance to review, to be sure they are still voting for the same bill as before? How can these hardworking representatives have a chance for their due diligence? I would assume they would at least re-read it, it’s that important, right? At 1,000 pages, it is a novel.
B. How will the generally unsupportive Republicans have any chance to see if this is a worthwhile compromise? How will they have time to criticize the changes? A healthy debate and fight over this will yield us the strongest possible bill, at a time where we MUST get the decision correct.
Please…please.
Please, on Friday the 13th, DO NOT pass the stimulus bill in a panic.
Please do not make this leap without checking your parachute one more time.
“Her life is in your hands, dude.”
4 years ago
February 13, 2009
Apple: $10 Billion in Quarterly Revenue (their new record)
They beat estimates again. Insane. Ten billion freaking dollars in three months.
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