With the deficit dropping dramatically, can our resilient government now create jobs, improve education, fight CO2, whatever? [...]
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Taxes - storiesThe biggest danger to most of us in seaside counties is not a disaster to our property; it’s the potential disaster to local and state finances. [...] Reduced federal spending threatens family budgets more than increased taxes. [...] Calculating your potential tax impacts from the Fiscal Cliff ignores other consequences to the family budget. [...] A hidden cost of living: residents in some cities pay lower federal taxes than in others. [...] By David Stookey, on July 27th, 2011
The premise that taxing the rich will hurt job growth is false, and it’s killing our ability to balance the federal budget. [...] By David Stookey, on July 18th, 2011
There are money pits America needs to fill. There are money piles we might use. America needs to pay these obligations – or duck them. $14,350,000,000,000 Our national debt, most will agree, is too big for our national income to support. Slowing or stopping its growth means significantly cutting the federal deficit, currently $1.65 trillion [...] Building new urban and Interstate roads does not reduce traffic on existing ones. We need to resist America’s road-construction urges. [...] Is this the first step toward government effort to reduce the nation’s dependence on gasoline? Even if it’s not, it’s a warning we need to reduce the family’s use. [...] If America isn’t going to fight climate change, the least Americans can do is to change our grandchildren’s habits and expectations. [...] Most of us don’t realize how shaky most predictions are – and how useful they can still be. [...] The real danger is not flooding; humans are good at building things. The real danger is fiscal; we’re not so good at paying for them. [...] If the President’s bipartisan commission can’t agree on recommendations, what chance does Congress have to prevent our kids from drowning in debt? [...] This example of sea-rise damage seems like the first domino in a chain that topples property values and tax base, and eventually town and state coffers. [...] Will our DC decision-makers protect us from the dangers economists predict from the next ten years’ budget deficits: rising interest rates, expensive imports, reduced services, higher taxes, and more? [...] Taking a personal cleaver to the US budget deficit goes a long way to educating us. [...] The best way to create jobs is to get money to those who are sure to spend it. [...] “This has the potential of turning town halls into green power stations, saving huge amounts of money.” [...] I’m told the federal deficit will start cramping my family’s financial situation soon. [...] Are there exaggerations, faulty logic, self-serving bias in predictions of environmental and financial troubles ahead? [...] It is a delusion that the economy will outgrow the deficit if plied with enough tax cuts. [...] |
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