To cut or not to cut?
Taxes. They tell us that next to death, they are the only thing we cannot escape in life. This is certainly true in today's Keynesian America. They say that "you pay the cost to be the boss", today...this quote had jumped outside of it's own parameters. That is because in today's wacky welfare world, so much as thinking about being "the boss" or let alone trying to scale those steps of ambition will leave the hardest working and highest earning among us scratching our heads. Never before in American history has the concept of "opportunity cost" made so many winners wonder, whether the game is worth playing under this set of rules.
After the bailout, Goldman, BP and every other parlor trick desgined to make idiots swoon for the strong hand of Big Government...we have our next spotlight subject.
The Bush Tax Cuts. The refuge of fat cat bankers, evil capitalists and everyone not looking for the federal government to play the role of sugar daddy in their lives.
Should they stay or should they go.
Instead of getting into a detailed analysis I will simply give you guys two links, from the same site on the same subject. Here , and here . Two sides of one "argument", one logical, analytical and impartial. One self-serving, ideological, populist and ignorant of the ABC's of reality.
See if you can tell which is which. *Insert emoticon of little guy rolling eyes here*
I am curious how you guys feel about this course of events in regards to your own future. Many of you will soon be in the vaunted "only 2 to 3 %" our buddy Geithner keeps referencing.
Are you guys and gals cool with the disappearing the Bush era tax cuts? Is breaking your back and slaving away through your 20's so that your 30'-60's can be known as "my 2 quarters on the Dollar years" something you're looking forward to? Is all that retarded rambling about "equality and fairness" you were force fed all throughout grade school still sounding good to you?
I hope it is. I hope you are enjoying it. This issue is not political. It is arguably not even fiscal, with economics only touching upon and not getting to the heart of the subject.
The issue is that we as a society have completely and utterly endorsed sloth and incompetence. It is only a matter of time until this river starts flowing in another direction.