Joetheeconomist's Blog – October 2011 Archive (2)
Democratic Talking Points
One of the talking points in DC today says that Social Security has not added one penny to the federal government’s budget deficit. In its most extreme form, you will hear that Social Security has actually reduced the deficit. When you hear it, keep one fact in mind: in politics, the number of beans is never as important as how you count them.
Only in DC can you spend ½ a trillion dollar every year, and it is not part of your deficit. Better yet, only in DC can you spend ½…
ContinueAdded by joetheeconomist on October 23, 2011 at 8:23am — 20 Comments
An American Divorce
Dear American liberals, leftists, social progressives, socialists, regressives, Marxists, and Obama supporters, et. al.:
We have stuck together since the late 1950s for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce. I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its…
ContinueAdded by joetheeconomist on October 21, 2011 at 11:11am — No Comments
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