Category Archives: Economy
Pack Up Your Troubles
The president is so down in the dumps that ABC’s Johathan Karl asked him if he was out of juice.
The sequestration gambit to cause Americans as much misery as possible seems to be flopping. The FAA managed to leverage a 4% cut in spending growth into a 10% across the board cut in air traffic controllers. (Congress put a stop to that and promptly hopped on planes and jetted home.)
The whole thing struck me as a weird kind of job action by The Man – Obama. James Taranto saw it the same way in the WSJ.
Sales Tax
Local merchants, big companies, Democrats, and Republicans are overcoming their differences to come together in support of the Marketplace Fairness Act.
Uh oh.
Brick and mortars complain about being shopped and having to charge sales tax but they don’t mention shipping costs on internet sales. Besides, what’s that got to do with it? I heard somewhere life isn’t fair.
It doesn’t seem fair that Ohio considers me a chattel with a claim on my actions when I make a purchase in another state.
First Taxpayer
The Obamas paid an effective tax rate of 18%. Nolan Finley says Obama “is not about setting examples”. He goes on to discuss extravagant vacations and the recent live soul concert at the White House:
Which raises the question: How can a president so tone deaf appreciate a live concert?
It’s Complicated
HHS Secretary Sebelius admitted that ObamaCare is complicated. Senator Jay Rockefeller calls it “the most complex piece of legislation ever passed by the United States Congress”. And he helped design it.
Meanwhile the ACLU says IRS is reading your email.
Iron Lady
Maggie Thatcher died Monday morning. She was preceded in death by Ronald Reagan and John Paul II, the trinity that won the cold war.
Update: Here’s Andrew Wilson with an American Spectator piece on how Thatcher saved the UK from socialism. He covered Thatcher in the early 1980s.
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