Month: February 2009
The foolishness of government fiscal policy was brought home to me after the attacks of 9/11. As you may recall, we all went through a whole week with NO airplanes in the sky other than jet fighters or similar here and there. After that, air travel tanked for a period of time. The San Jose Airport remote parking was always nearly full prior to that, especially during the DOT.COM boom of the late ’90’s. Suddenly, the parking lot began looking like a ghost town… I estimated the usage went down over 50%.
Naturally, the government revenue was way down from parking fees, as well. The knee-jerk response by the city was to raise the fees by $3.00 to, as I recall, $15.00 at the time.
Overlay this approach on every transaction at the local level, state level, and national level and you will quickly understand why we are in deep doo-doo.
This is probably not nuanced enough for the left.
Stimulus Bill Explanation
Shortly after class, an economics student approaches his economics professor and says, “I don’t understand this stimulus bill. Can you explain it to me?”
The professor replied, “I don’t have any time to explain it at my office, but if you come over to my house on Saturday and help me with my weekend project, I’ll be glad to explain it to you.”
The student agreed.
At the agreed-upon time, the student showed up at the professor’s house. The professor stated that the weekend project involved his backyard pool. They both went out back to the pool, and the professor handed the student a bucket. Demonstrating with his own bucket, the professor said, “First, go over to the deep end, and fill your bucket with as much water as you can.”
The student did as he was instructed.
The professor then continued, “Follow me over to the shallow end, and then dump all the water from your bucket into it.”
The student was naturally confused, but did as he was told.
The professor then explained they were going to do this many more times, and began walking back to the deep end of the pool.
The confused student asked, “Excuse me, but why are we doing this?
The professor matter-of-factly stated that he was trying to make the shallow end much deeper.
The student didn’t think the economics professor was serious, but figured that he would find out the real story soon enough.
However, after the 6th trip between the shallow end and the deep end, the student began to become worried that his economics professor had gone mad.
The student finally replied, “All we’re doing is wasting valuable time and effort on unproductive pursuits. Even worse, when this process is all over, everything will be at the same level it was before, so all you’ll really have accomplished is the destruction of what could have been truly productive action!”
The professor put down his bucket and replied with a smile, “Congratulations. You now understand the stimulus bill.”
All About Wealth
You cannot multiply wealth by dividing it.
The government cannot give anything that it does not first take from someone.
You cannot legislate the poor into freedom by legislating the wealthy out of freedom.
For what one person receives without working, another person must work without receiving.
When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for …………………… that my dear friend, is about the end of a nation.
I just finished Ann Coulter’s new book, “Guilty”. During much of the Bush administration’s term, I spent time after time explaining to friends feeding their minds from the New York Times, AP, CNN, and PBS that these media either were lying OR exaggerating OR having huge errors of omission.
Ann set so many records straight, that the book left my head spinning. She also introduced a couple of leftist sacred cows that were not even on my radar. Her work is well researched with many, many citations.
Her acidic sense of humor is “liberally” sprinkled throughout the book. She really knows how to get her licks in.
If you feel that you’ve been sucked in by the leftist fog out there, regain your bearings with this book.
The “Senate votes to give a tax break to new car buyers”. WOW! I can hardly wait for the Tax Code to increase 100 more pages of social engineering for this folly.
Here we have a large group of mostly lawyers in the House and Senate who probably never had a real job their whole lives meddling with things for which they have absolutely no understanding. This really inspires confidence, doesn’t it?
It goes back to Uncle Ed’s plan of 50% OFF ….Government Spending…