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Articles tagged with: Depression

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[13 Mar 2010 | 3 Comments | 474 views]
My Health Care Debate

“It does a couple of other things. It takes $52 billion in higher Social Security tax revenues and counts them as offsets. But that’s really reserved for Social Security. So either we’re double-counting them or we don’t intend on paying those Social Security benefits.
…The Senate Budget Committee chairman said that this is a Ponzi scheme that would make Bernie Madoff proud.“

With my emphasis added, that’s a quote from Rep Paul Ryan speaking at the Health Care Summit. You can see why so many congressmen want to throw out the current …

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[24 Feb 2010 | No Comment | 240 views]
Stimulate This:

Here’s what I don’t get:
The American Recovery and Reinvestment Act of 2009 is supposed to be money injected into the economy to “create new jobs as well as save existing ones, spur economic activity and invest in long-term economic growth, Foster unprecedented levels of accountability and transparency in government spending.”
The Senate (mostly Democrats) just approved a new $15 billion “jobs bill” to attempt to stave off growing unemployment and to create jobs. How is it that tax incentives are going to create jobs? If I’m a small business owner, …

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[29 Mar 2009 | No Comment | 4,141 views]