Showing posts with label Washington. Show all posts
Showing posts with label Washington. Show all posts

Thursday, August 18, 2011

Gulliver’s Travels on Mars

Gulliver’s Travels on Mars

This is a space based parody on Gulliver’s Travels. This fictional account is satire of the foolishness of current U.S. Government spending, taxation and barrowing.


Like Gulliver’s Travels it’s a fun way of making a point about current events. The sad irony of the Gulliver’s Travels is that much of its satire is a valid today as it was when first written. Like Gulliver’s description of lawyers as men trained to prove that which is not.

Monday, August 8, 2011

Eight Facts About Liberalism: Fact 2

If there is any disagreement between the idealized view and reality, reality is considered to be at fault and in need of correction.
For the main article click here

There are policies that liberals repeatedly push and maintain even though history repeatedly proves them wrong. No place is this more evident than in tax policy.

Despite historical evidence to the contrary liberals always insist that tax increases will increase revenue. This is because their idealized view fails to recognize the fact that tax rates affect economic activity and that at some point tax revenues reach a peak. This is a case where their idealized view disagrees with reality, but yet they keep trying to make the idealized view work.

Thursday, August 4, 2011

Why Washington Budget Cuts are not Cuts

Whenever politicians in Washington talk about budget cuts most people tend to think that cutting spending means reducing the amount being spent. Not so in Washington D.C. Since the 1970’s the Federal Government has been using what called Base Line Budgeting.        
        
Under Base Line Budgeting what is called a cut is actually a projected reduction in the rate of increase usually the projection is made over ten years. This because Base Line Budgeting has automatic built in increases in spending over and above the previous year. As a result any reduction in this projected future spending is there by considered a cut even though the actual amount of spending is still increased. Further most of the alleged cuts are more than five years in the future and hardly ever actually occur.

The fact that this is the case can be shown in the deal to raise the debt limit passed on August 2, 2011. It raises the debt limit $2.5 trillion with projected cuts of $2.5 trillion. So if these were real spending cuts there would be no reason to raise the debt limit.

It turns out that freezing spending at current levels would produce $9 trillion in projected cuts so any talk of cuts from the Federal Government less than $9 trillion can not include real cuts because in Washington cuts are not cuts.