June 25, 2014

Tax Cuts For Job Creation? Do You Know How Compound Interest Works?

Never mind that it is consumers who create the demand for products and services that in turn generates the need for additional jobs to meet that demand. Yes, people need to start the companies that build the products, but let’s get one thing straight here, nobody would start a company if they thought there was no demand for a product. And nobody would start a company if they thought the general public had no purchasing power to buy their product. So jobs will always be a function of demand, not supply.

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January 1, 2013

House Passes Fiscal Cliff Bill 257-167

The House of Representatives passed the Senate fiscal cliff bill by 90 votes, and it has not gone unnoticed by this liberal that both the Senate and the House votes happened in the new year. It means not a single Republican voted for a tax increase since all tax cuts expired at midnight before either of the votes. How convenient.

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January 1, 2013

Senate Approves Fiscal Cliff Deal 89-8

In the early hours of the new year, the U.S. Senate voted and approved the fiscal cliff deal 89 to 8. This is a much wider margin than most could have even predicted, which really puts the pressure on the House of Representatives to pass the bill. The problem is, it’s the House of Representatives, led by Speaker John Boehner who has no control over the ultra-conservative (radical actually) tea party Republicans.

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December 31, 2012

A Fiscal Cliff Deal? – Not Before We Jump

We are all jumping off the cliff at midnight. — Apparently there will be no vote tonight on a deal to avert the fiscal cliff. Earlier today it was announced by Senate minority leader Mitch McConnell that a deal on the tax side was reached, but a deal on the spending side is still pending.

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