Sun Dec 30, 2012
We are waiting to see what kind of a deal they will make .
But , the way this has been going, it is better to have NO DEAL and allow all Bush Cuts to just expire automatically.
It has been said that We do not have a revenue problem, we have a SPENDING problem.
Oh sure we have both a Revenue problem AND a Spending problem.
i was never able to draw the graph here , but it would be very revealing.
Some points :
1- All spending actually GREASES the ECONOMY .so it is not a FUTILE thing
2- I would agree that it is bad to borrow MONEY to spend.
but let's see .........is it not what the BIG FOLKS have been telling STUDENTS to do .....borrow to go to College and yes Also to consumers BORROW to buy stuff.
So now we do not want Uncle Sam to borrow ?!
let us see 16 Trillion dollars Uncle SAM .the debt of the richest super power
compare to ONE TRILLION of Debt for our STUDENTS .
seen side by side
the Debt of Uncle Sam looks very small , really REALLY !
OK now that i have said my peice, i will agree that we should not have BORROWED to spend.
SO, here we go
WE SHOULD Not have given so mauy TAX CUTS so we could have more revenue to SPEND and INVEST in our INFRA STRUCTURE.
Because lets face it REDUCING TOP Tax Rate from 91 % to 35% is really MAJOR mistake.and hit to the revenue.
NOW some will say OH but the revenue has remained about the same !!??
OH i will reply.......
let s see. the REVENUE may have remained about same >>>>>>>>>>>>>>>BUT
the COST of GOV has gone UP because of POPULATION GROWTH
that is where we go back to the GRAPH i wanted to draw to make this point CLEAR
you see in 1950 the US Population was 151 Million ............2010 it grew to 308 Million
so the REVENUE should have DOUBLED too, so Fed Gov could cater to the growing population is now more than DOUBLED.
BUT due to the CONSTANT tax cuts from 91 % to 35 % ie almost cut to 1/3
CAN YOU IMAGINE ?
now let's draw that graph which will be made of of 3 lines
1- tax cuts from 91 % to 35 % from 1950 to 2010
2- Revenue .....get it from IRS....................ditto..........................
3- Population growth .............................ditto..........................
NOW you can see
A GRAPH is worth a THOUSAND WORDS !.
Sunday, December 30, 2012
Tuesday, December 25, 2012
JESUS Changed the world +
Dec 25, 2012
1- Without Jesus , the world would be so much uglier politically/socially wise
2- It was 2 christmas ago that i wrote a special message in my Christmas card because I had realized what the MEANING of JESUS 's influence in the world
I did not give them my answer
I had realized that He ushered Liberalism and Democracy , or perhaps i should say had it not been for him and Christianity, there would be no Democracy or Liberalism
>>>>>>>>>>>>>
also today I heard George Will speaking at the UNIV role of Religion in Politics
and i have some COUNTER punch i think 3
DeTocqueville
1- Without Jesus , the world would be so much uglier politically/socially wise
2- It was 2 christmas ago that i wrote a special message in my Christmas card because I had realized what the MEANING of JESUS 's influence in the world
I did not give them my answer
I had realized that He ushered Liberalism and Democracy , or perhaps i should say had it not been for him and Christianity, there would be no Democracy or Liberalism
>>>>>>>>>>>>>
also today I heard George Will speaking at the UNIV role of Religion in Politics
and i have some COUNTER punch i think 3
DeTocqueville
Wednesday, December 12, 2012
VICTORY for the DEMS
Dec 12, 12
or 12/12/12
Well, was away on Election day. I learned at 7.48 am T time that Obama had won.
It was really really a nice moment.
I did not expect it to end so soon either. And the Electoral VICTORY of 336 to 206 was certainly a surprise. Pleasant one at that.
I had a special Prayer for Obama to win. SO it must have worked and I am grateful.
or 12/12/12
Well, was away on Election day. I learned at 7.48 am T time that Obama had won.
It was really really a nice moment.
I did not expect it to end so soon either. And the Electoral VICTORY of 336 to 206 was certainly a surprise. Pleasant one at that.
I had a special Prayer for Obama to win. SO it must have worked and I am grateful.
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