atlasman

How Obama's Multifarious Plans Threaten the Economy

I am in the small biz camp and after looking at the bills, my partner and I have decided to outsource and 1099 all employees until the dust settles. I know at least one other small tech biz going the same route. Obama might not be the devil, but he has no clue how the real world works and should go back to community organizing.

-AM

Deficit Spending Is Fueling the Recovery

How on earth did we ever get out of past recessions without Governement spending.

Friday's Employment / Unemployment Numbers: Look at It as the Glass Is Half Full

I honestly do not understand how the government cannot figure out the true unemployment rate with all of the taxes we send to DC.
-AM

The Non-Stimulating Stimulus Bill

My numbers are not exactly right, but I think of it in this manner:

Local Jobs = 95% Private Jobs
State Jobs = 85% Private Jobs
Fed Jobs (non-military) = 75% Private Jobs

I do not believe anybody believes the entire public sector is worthless.

-AM


On Sep 02 03:24 AM storm999 wrote:

> I disagree with this weird notion that government service jobs are
> less valuable than private sector jobs. When the police or firemen
> or teachers do their job they produce real benefits to society, benefits
> that certainly excede that of a burger flipper, or a telemarketer.
> There is a false notion in this country that only private wealth
> is real, that somehow public wealth, like having a good school system
> is not real wealth and yet everyone knows real estate values are
> directly affected by school district scores, for example. It is
> same thing with police response times, well maintained roads and
> so on. The level of public wealth adds value to all the private wealth
> in the surrounding area.
>

Cash for Clunkers: The Laws of Economics Are Still Viable

I would not hold up C4C as an example of free market economics. It is a better example of the impact of fooling people in to thinking they are getting real money. I cannot wait to buy one of the C4C cars in about 12 months when they go on the used market for about half their purchase price. Also, Please show that graph 6 months from now. It will be interesting to see how much of the C4C sales canabalized future sales.

BTW, has anybody figured out whether the CFC grant is taxable?

The Non-Stimulating Stimulus Bill

Nice article. I have followed the same path and wish Repubs would grow some balls and start a national campaign to repel the legislation and cancel all unspent money. State/local economies are going to have to solve their own problems. The last thing we need is to take tax/china dollars, send them to DC only to have them returned 20% lighter back to the local that was taxed by the feds in the first place.
-AM

Why Aren't We Undergoing Another Great Depression?

Why anybody right of Dailykos listens to Krugman is a mystery to me. He is a political hack with an agenda and uses economics as a tool to ratrionalize his redistributionist ideology.

BTW, one big difference is the immense wealth that has been generated over the last 70+ years. This wealth provides a tremendous national cushion against shocks like we have received. Of course, that cushion can easily disappear if our government keeps punishing the capitolist system that created the golden eggs.

-AM

Why Obama's Big Spending Fallacy Could Ruin U.S. Economy

If you want to recirculate wealth, lower capitol gains taxes.

If you want wealth to disapear, try taking it.

-AM


On Aug 05 10:24 AM Gregman2 wrote:

> Overconcentrated wealth that's not recirculating through the system
> is the problem right now. The roots at the base aren't getting any
> water, while the top has an over abundance of water, hence imbalance.
> How to recallibrate? Attempts are often made using redistributionist
> schemes. But no matter what steps are taken, redistribution in various
> forms are needed to stimultae the system to
> begin the process of organic rebalance.

A Fertile Moment for Economists

You need to separate the real studied economist from the ones that use economics as a tool to further their political agenda. I think the latter group has done significant damage to the former.
-AM

The Rich Aren't Paying Their Fair Share of Taxes?

Mavericks - You are so right. That is why I laugh at all of the class-warfare make the rich pay politics. These people do not realize (or they do and just don't care) that on average the rich are smart enough and can certainly afford to dodge all of these scheme's to make them pay for our screwed up government.

I think people would be amazed at the positive changes that would come from a consumption tax instead of the income tax. The rich would pay there fair share because they would still buy stuff, it would be more stable (and thus avoid the California syndrome) because there is a certain level of consumption that is required for basic sustanance, and politicians would not be able to use the income tax as a way to buy their way in to office.

-AM


On Jul 30 09:31 AM mavericks wrote:

> Give me a break. It's alot easier to make money when you have money.
> I worked in financial services for 12 years and as I walked around
> the office and saw one multi-million dollar account after another,
> you realize most wealthy people put 75% of their assets in tax-free
> municipal bonds. The wealthy, or at least the retired wealthy, are
> making out just fine.

Proposed Obamacare and Hillarycare: Déjà Vu All Over Again?

"I've had people come to us and complain, "Well, if you do that, I can't make any money." The answer is that's not my job. We're not here to help you make money. We are here to help have a system in which you will make money as an incident of your providing funds to those who will use it productively."
-B. Frank

I guess Obamacare is what Mr. Frank believes is a productive use of our tax payer funds.
-AM

Reaching Primary Surplus: Can It Happen?

"I've had people come to us and complain, "Well, if you do that, I can't make any money." The answer is that's not my job. We're not here to help you make money. We are here to help have a system in which you will make money as an incident of your providing funds to those who will use it productively."
-B. Frank

So these are the people that will enable growth? Praying is indeed the answer as there is no way g>r under the Pelosi/Obama administration.

-AM

Exit Strategy: An Argument Against Bernanke's Reappointment

If Bernanke was a real genius, he would strongly advocate fiscal discipline and thus piss off Obama and Pelosi and not get nominated. Then when the inevitable crash occurs he can say the problems would have been avoided if they had just listened to me and someone else would be blamed for the destroying the nation.
-AM

Obama's Wasted Political Capital

"To be sure, there are many reasons one could find fault with the proposed health plan."

Perhaps if he focused on fixing the plan as opposed to demagoging those that point out all of its problems and the inevitable results he might not have to spend so much political capitol.

The truth is all he cares about is how much redistribution he can achieve in 8 years. If he ends up screwing up the country as a result, Oh well, he never really liked it in the first place.

_AM

The Implications of Russia's Declining U.S. Debt Purchases

The problem of a few million uninsured citizens will be a drop in the bucket when this bomb goes off.
-AM