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Posts Tagged ‘business’

The Federal Deficit

September 13, 2012 1 comment

Claims abound this election season that the deficit and debt were inherited and not the responsibility of the current administration.  Is that correct?  Let us examine the following graph of annual Federal deficits from 1990 to today. Read more…

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The Federal Debt

September 12, 2012 Leave a comment

A picture is worth a thousand words.  There have been thousands of words spoken about America’s debt of late, but very few pictures presented.  So I thought you might be interested in some graphs. Read more…

U.S. Firms Moving Abroad

September 1, 2012 Leave a comment

Counter-CutIt used to be firms came the U.S. to do business here.  Now U.S. Firms are moving abroad because of tax burdens.  Higher corporate taxes espoused by the current administration will only accelerate the process.  Your vote matters.  See article.

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Money

June 28, 2012 Leave a comment

[A true story and a book review]

The $20 bill

My eight year old grandson is very bright, curious, and observant.  The other day he found a $20 bill on the kitchen counter and came running over to me.  “Opa!” he said (for that’s what the grandchildren call me), “Look at this.  This is just a piece of paper with a bunch of stuff printed on it.”

Why is it that we can’t use a different piece of paper – say Monopoly money – to buy things?  What’s the difference? Is there a difference?  Why can’t I print a piece of paper and use it to buy things?  In fact I can.  Everyone can, and everyone does this all the time.  Let me explain. Read more…

Categories: Political, Review Tags: , ,