It Will Be Coming Around The Mountain – When It Comes
By: Doug Busselman, Executive Vice President
Anyone with a small child, traveling on a trip, has heard the question, “When will we get there?” For those traveling in the right direction and proceeding according to the plan, the answer is somewhat predictable. For those going in the wrong direction, no matter how much faster you precede it will take an awfully long time to arrive. The same can be said about the turn-around of our national economy.
As we read here it seems that in spite of the dollars poured out of the taxpayer-funded federal coffers, things just don’t seem to be making much progress. The solution is to keep repeating that it’s going to work and the turn-around to better times is just around the corner.
It’s also interesting to read on how the message for the recovery is being tweaked to emphasize how the stimulus money is on pace to save or create 600,000 jobs over the next 100 days… Does that mean that everybody who’s got a job, and somehow still has a job after Congress keeps doing what it’s doing, can be counted in the tally for how well the spending binge has worked? What about the 6.5 million jobs that have been lost since the recession started? How about 433,000 jobs lost last month?
Here in Nevada we know that the solution is to increase taxes, especially those taxes linked to business entities who are still offering employment. If they have payroll greater than $62,500 per quarter (the Obama line of $250,000 per year), they should be required to pay a greater tax on the basis of their payroll. That ought to inspire greater employment opportunities.
As the mountain of debt continues to increase (and we haven’t even gotten to the other spectacular spending ideas that are in the Legislative cue) we know that it is only a matter of time until it will all become better. It only takes a lot more patience and a lot more government spending to get it fixed.
Anyone with a small child, traveling on a trip, has heard the question, “When will we get there?” For those traveling in the right direction and proceeding according to the plan, the answer is somewhat predictable. For those going in the wrong direction, no matter how much faster you precede it will take an awfully long time to arrive. The same can be said about the turn-around of our national economy.
As we read here it seems that in spite of the dollars poured out of the taxpayer-funded federal coffers, things just don’t seem to be making much progress. The solution is to keep repeating that it’s going to work and the turn-around to better times is just around the corner.
It’s also interesting to read on how the message for the recovery is being tweaked to emphasize how the stimulus money is on pace to save or create 600,000 jobs over the next 100 days… Does that mean that everybody who’s got a job, and somehow still has a job after Congress keeps doing what it’s doing, can be counted in the tally for how well the spending binge has worked? What about the 6.5 million jobs that have been lost since the recession started? How about 433,000 jobs lost last month?
Here in Nevada we know that the solution is to increase taxes, especially those taxes linked to business entities who are still offering employment. If they have payroll greater than $62,500 per quarter (the Obama line of $250,000 per year), they should be required to pay a greater tax on the basis of their payroll. That ought to inspire greater employment opportunities.
As the mountain of debt continues to increase (and we haven’t even gotten to the other spectacular spending ideas that are in the Legislative cue) we know that it is only a matter of time until it will all become better. It only takes a lot more patience and a lot more government spending to get it fixed.
Posted by Doug Busselman at 7/8/2009 6:40 AM 
Categories: Federal Stimulus
Tags: Unemployment Economy Congress
Categories: Federal Stimulus
Tags: Unemployment Economy Congress
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