tag:blogger.com,1999:blog-4185740361476149540.post1241832876849312021..comments2024-02-15T00:40:37.565-08:00Comments on The Biz of Life: The Problem that is Always "Decades Away"The Grouchhttp://www.blogger.com/profile/16355057736314451831noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4185740361476149540.post-81103015462558542382011-01-17T19:44:05.101-08:002011-01-17T19:44:05.101-08:00Biz, the graphs are going parabolic, and dilettant...Biz, the graphs are going parabolic, and dilettante reporters insist that the real problem is years away. Bah! There is no political benefit for a politician to buck the spending trend, and therefore, no will to take any action.101 Centavoshttp://www.101centavos.comnoreply@blogger.comtag:blogger.com,1999:blog-4185740361476149540.post-77208031357605109002011-01-17T11:28:19.470-08:002011-01-17T11:28:19.470-08:00Shawn, I'm not a soak the rich type. I don&#...Shawn, I'm not a soak the rich type. I don't want to kill the goose that lays the golden eggs. They will take their money to whatever country treats it best. We have a spending problem. We've been a gigantic spending binge since around the year 2000, and I don't see any real leadership in either party capable of making the tough decisions to address the problem.The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.comtag:blogger.com,1999:blog-4185740361476149540.post-75033413318380367962011-01-17T10:42:53.128-08:002011-01-17T10:42:53.128-08:00Grouch - Soaking the rich doesn't eradicate th...Grouch - Soaking the rich doesn't eradicate the problem: out of control spending. It's just a band-aid, and many people know it, despite it being within the immediate self-interest of most people to ignore that fact. The truth of the matter is that long-term, soaking the rich tends to backfire, as the rich tend to control the velocity, the location, the source, and the volume of their income. The projected increased tax revenues often have a way of not materializing.Roshawn @ Watson Inchttp://www.roshawnwatson.comnoreply@blogger.com