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On Maybe We'll Be Remembered for the End of Jobs

It's all covered here:
http://philalawyer.net/2010/06/the-great-sucking-sound-why-the-fattened-middle-deserves-no-quarter/

The basic problem was that years ago tax codes changed.

We used to tax the rich at a much higher rate. There were incentives to lower your tax rate via things like job creation.

At the end of his term Bush started behaving in a way that Obama has amped up 1,000%. Obama's goals and the inevitably of things he's already done have given businesses every reason in the world to cut back.

Incentives move companies in one direction or another. Change them. Modify the tax code. Make it impossible to make a shitload of profit if you aren't creating jobs...AND not stimulus jobs where somehow $8,000 creates 35 "jobs".

You're telling me companies and rich folks wouldn't figure out more ways to hire workers if they were punished for not doing it via high taxes and HEAVILY rewarded for creating jobs via lower taxes?

Psychologically speaking punitive damage works better if by avoiding that you can score a reward. You also have to pay for lowering taxes with appropriate cuts or non-new spending. Taxes can't just be lowered, as Bush did, without corresponding actions with regard to spending AND creating incentives for people to still behave how you want them to behave.

Neither party gets this.

Posted on July 1, 2010 at 6:26 pm 0

On "Atlas Shrugged, Part 1," The Film: What Can We Expect?

I plan to read Atlas Shrugged, but haven't.

I'd watch a movie. The Fountainhead is easily one of the greatest books ever written. I'd like to see that as a film.

Posted on June 18, 2010 at 3:00 pm 0

On Goldman Sachs Self-Evaluations Contain Grotesque Bonus-Grubbing

Of course their self-evaluations read like this...

I would say though, that inside any giant operation your self evaluations should mostly be self serving and self aggrandizing. Most big organizations punish employees who are reflective and introspective on eval's. It's kind of sad, but years later when you look to move elsewhere within the company you can find an old, honest, reflective self evaluation can haunt you. Better to put in writing only how awesome you are. It's an organizational failure, but not hard to understand other reasons besides just being asshole bankers that self evals would be over-the-top.

Posted on April 27, 2010 at 3:18 pm 0

On The Tea Party Is As Depressing As It Is Predictable

It's telling that when people "feel" the loss of income to the goverment...they're a whole lot more likely to demand accountability and a whole lot more worried about how that money is spent.

@mindpowered It's a surprise Palin made a lot of money? All these people are rolling it. Both sides of the aisle. What exactly is revealing about that?

Posted on April 15, 2010 at 5:04 pm 0

On The Tea Party Is As Depressing As It Is Predictable

Calling Obama a Muslim insults the truly crazy religion and religious personalities he does follow as well as the Muslim religion. He hasn't found a church because his religion is insane.

I frankly don't care what religion he is, but why do we keep electing President's with just crazy fucking religious backgrounds.

Also, there's a huge fucking difference between income taxes and payroll/social security taxes. People "feel" the income tax way more. The proof is in the whining many poor are doing over the health care penalty just passed. If those of lower income "feel" the loss of cash to taxes...they tend to be less likely to support big government. I think that's particularly telling.

I continue to find your website alternatively interesting and then as one sided and myopic (but more smug) as the tea party.

Posted on April 15, 2010 at 11:56 am 0

On How The Borg Gave Us Health Care Reform

Yeah...and if Obama didn't have relatives on the Tribune board that quite possibly broke laws in leaking and obtaining sealed divorce records that both Jerry Ryan and her husband had asked to leave sealed Obama wouldn't have been elected. The unsealing of their divorce records was a first in US politics and remains a first.

It should have been the first clue that Barack was a dirt bag.

Posted on March 24, 2010 at 12:05 pm 0

On "Gay" and "Retarded": Who Can Say The Words?

I love how it all boils down to "obstructing a Democratic agenda".

What a nice essay ruined by obvious political stupidity. The South Park rumination on the word "fag" was a far more impressive look at the "power of words."

Rahm's comment was stupid, but he hardly intended to disparage the mentally retarded.

Posted on February 4, 2010 at 11:29 am 0