Category Archives: Fiscal Policy

Social Security Projections

The U.S. deficit continues to grow out of control, and there should have been actions taken to address the problem long before now. However, President Obama’s comments that the deficit is not a short term problem indicates to me we … Continue reading

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Fiscal Cliff Shenanigans

President Obama has repeatedly talked about imposing a “Warren Buffet Rule” for income taxes, which refers to the outrage he is said to feel that his wealthy supporter pays a lower income tax percentage than his secretary. Drilling down into … Continue reading

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Fair Income Tax Rates

The primary campaign strategy of President Obama to secure his re-election was to advocate that wealthy (successful) people should pay higher taxes. I assume that resonated because many assumed that the government having more money would provide them more benefits. … Continue reading

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Dueling Presidential Candidate Gaffes

With less than a week until we learn who will be elected president it seems the time is right for a mention of gaffes by the two candidates. It wouldn’t be a duel if the subject referred to Joe Biden … Continue reading

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George W. Bush and Social Security

George W. Bush was vilified for “wanting to privatize Social Security” after he proposed allowing younger workers to voluntarily elect to invest a third of their Social Security taxes in a private IRA type retirement account. However, there has been … Continue reading

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Unintended Consequences of Financial Regulations

I’ve expressed skepticism about the move by regulators to take advantage of the 2008 financial crisis to impose more control on business by government in previous postings on this link. The negative impacts from the massive Dodd-Frank law continue to … Continue reading

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