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What will they do now?

Watch here.

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Sometimes politicians, journalists and the liberal left exclaim; “It’s just a tax cut for the rich!” and it is just accepted to be fact.

But what does that really mean?

Just in case you are not completely clear on this issue, I hope the following will help. Please read it carefully.

Let’s put tax cuts in terms everyone can understand.

Suppose that every day, ten men go out for dinner and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

a. The first four men (the poorest) would pay nothing.
b. The fifth would pay $1
c. The sixth would pay $3
d. The seventh would pay $7
e. The eighth would pay $12
f.  The ninth would pay $18
g. The tenth man (the richest) would pay $59.

So, that’s what they decided to do.

The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.

“Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily meal by $20.” Dinner for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still eat for free. But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his “fair share?”

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to eat their meal.

So, the restaurant owner suggested:
a. The fifth man, like the first four, now paid nothing (100% savings).
b. The sixth now paid $2 instead of $3 (33% savings).
c. The seventh now paid $5 instead of $7 (28% savings).
d. The eighth now paid $9 instead of $12 (25% savings).
e. The ninth now paid $14 instead of $18 (22% savings).
f. The tenth now paid $49 instead of $59  (16% savings… the least proportionate savings).

Each of the six was better off than before.  The first four continued to eat for free, but once outside the restaurant, the men began to compare their savings:

“I only got a dollar out of the $20,”  declared the sixth man. He pointed to the tenth man,” but he got $10!”

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar, too. It’s unfair that he got ten times more than me!”

“That’s true!!” shouted the seventh man. “Why should he get $10 back when I got only two? The wealthy get all the breaks!”

“Wait a minute,” yelled the first four men in unison. “We didn’t get anything at all. The system exploits the poor!”

The first nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works.   The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start eating overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D
Professor of Economics
University of Georgia

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I got the following comment on the photo of Obama dressed as Che Guevara…

“I’m not even sure what this means. I’m guessing it’s a swipe at Obama by likening him to Saddam Hussein. Or likening him to a Cuban Communist? What I’m unclear about is why?

I appreciate that everyone is entitled to their opinion. And if you don’t like his policies, fine. But why go there of all places? Can’t you say I do not support a woman’s right to choose? Or I don’t believe in global warming? Or I support more deregulation of the banking industry? Or I don’t like raising taxes on the super wealthy? Or even I don’t think gays should be allowed to marry? Or I don’t support funding public education? Or how about I do not support health care for everyone?

Why is it people feel the need to go there? It reminds me of when Saxby Chambliss portrayed Max Cleland as unpatriotic.

Let go of the ignorance. Let go of inciting hate and fear. Promote your policies on their merit, unless you are afraid they have no merit.”

—-

Below was my answer to her…

Thank you for posting.

What I did is point out unfavorable policies by likening Obama to a historical figure who shared the same policies. It’s very effective cause it’s 1) humorous, and 2) able to show the direct effect of policies held by Obama.

Kinda like how Lefties love to say McCain is Bush.

But let me answer your questions, since you asked so nicely…

1) I don’t believe women have the right to choose. A baby is a separate human life. A baby in the womb is like a person in your house. You can kill the baby, but you can’t kill the person. Why? Because we like to confuse ourselves as to when a baby is “alive” out of convenience. Now, I know a woman’s life is sometimes made more difficult by pregnancy, which is why I would be open to some sort of 1-3 abortion limit per person. Above that, you don’t deserve a uterus.

2) I don’t believe in global warming being only caused by man. I believe it’s more of a cyclical occurrence that history proves quicker than man-made global warming. And when you ask developing countries in Africa to spend money on solar technology that is hundreds of times more expensive than fossil fuels at the moment… that’s just wrong.

3) I support appropriate deregulation in the banking industry. Remember… Fannie Mae collapsed because democrats like Clinton and Carter forced them to buy up bad loans. And when they couldn’t be repaid, they blamed the republicans for lack of regulation. What? Did the Democrats want the Republicans to regulate Fannie Mae and tell them what the Democrats were doing was wrong and destined to fail?

4) I don’t like raising taxes on the super wealthy. There is NO government/economic problem that can be fixed by taxing the wealthy more. That process digs us deeper into a hole… and fills the hole with water.

5) I think people in the gay community should be allowed to join legally in a union exactly like marriage. Just don’t call it marriage. Marriage is a religious word, with religious origins, and has nothing to do with government or policy. Gay people are just as deserving as straight people in every other respect.

6) I don’t support increasing funding the public education system that’s in place now… that was created by Democrats who have soley ruled public education in all major cities. And have done so to disastrous, miserable failures. I would much rather talk to teachers … who aren’t in unions… to find the solution on the education system. Democrats screwed up royally here.

7) I want everyone to have health care, but government funded universal health care is unattainable… and unsustainable. For example… medical technology in Canada is stuck in the 1970s… because their government can’t fund for advances in medicine like the free market can.

People go where I went all the time, Smartandfemale. I thank you for reading and commenting… but you have to be a little more light-hearted on this. Have a sense of humor. What i posted, and been done hundreds of times by Democrats. Obama himself incites fear in his ads. Don’t come to me with your righteousness.

You have no rule on morality.

Is this merit enough for you?

Please come back, since you’d like to debate on merit.

– Julian


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(4:39:49 PM) Anonymous: what the f**k is going on with McCain and the debate
(4:41:49 PM) Julian: he cancelled it
(4:44:51 PM) Anonymous: what the f**k
(4:44:59 PM) Julian: i think it’s a good move
(4:45:40 PM) Anonymous: i don’t know
(4:45:50 PM) Julian: you know why he cancelled it?
(4:46:00 PM) Anonymous: economic crisis
(4:46:07 PM) Julian: it’
(4:46:12 PM) Julian: it’s a great move
(4:46:24 PM) Julian: take charge on a topic obama leads in
(4:46:50 PM) Anonymous: why now and cancel until when….and to do what
(4:47:03 PM) Julian: show the voting public that he’s more concerned about taking action and helping them in the now, as opposed to being just another talking, do nothing politician
(4:47:21 PM) Julian: now because now is when the debate and law creation is taking place
(4:47:38 PM) Julian: until? until it’s been worked out, unless it takes too long
(4:48:01 PM) Julian: and to do what? to set the point that he cares more about serving us than serving his campaign
(4:48:15 PM) Julian: and it puts obama in bad footing
(4:48:25 PM) Anonymous: let’s see if all that transends to the electorate
(4:48:40 PM) Julian: the electorate get the message loud and clear
(4:48:57 PM) Anonymous: right now they see a candidate losing in the polls calling for a time out
(4:49:04 PM) Anonymous: that is still to be seen
(4:49:22 PM) Julian: i’m a little more optomistic that you are about it.
(4:50:02 PM) Julian: and even if some people see it for self-serving means, it’s still looks better that he’s in the trenches rather than just yammering on about it
(4:51:02 PM) Julian: and now obama is stuck in a hard place. do the same as mccain, and acknowledge that mccain was right on taking executive action… or keep campaigning and look selfish and like a do nothing
(4:51:15 PM) Julian: this is a good, honest move. and voters want that.
(4:52:27 PM) Julian: and they wont see a candidate losing in the polls standing aside and calling time out… the debate he cancelled was a foreign policy debate. a topic mccain dominates obama in.
(4:52:49 PM) Julian: if anything, there was no way mccain wouldnt have come out winning from the debate
(4:56:25 PM) Anonymous: was there a meeting in washigton scheduled for friday
(4:57:25 PM) Julian: i dont know
(4:58:34 PM) Anonymous: was there something scheduled within the next two days that requires a suspension…..why could he not have suspended the campaign on Friday after the debate
(4:59:41 PM) Anonymous: if he wa going to dominate the debate….dominate and then end it with saying that I will susepend my campaign for the next few days to address the economic crisis and ask Obama to join him on live tv
(5:00:14 PM) Anonymous: now that would have been a good move
(5:00:19 PM) Julian: maybe there was something you or i was not privy to
(5:00:46 PM) Julian: but then people would say he just cancelled it and went and helped when it was convenient for him
(5:00:57 PM) Julian: this is a strong message.
(5:01:00 PM) Anonymous: people can say that now
(5:01:08 PM) Julian: no
(5:01:27 PM) Julian: because the testimonies only started yesterday
(5:01:29 PM) Julian: with paulson
(5:01:41 PM) Julian: before that, it was just meetings with bush, paulson, and bernake.
(5:02:18 PM) Julian: and yesterday was when they started the congressional investigation on whether the plan should be enacted or not.
(5:03:04 PM) Julian: and i’ve heard nothing from the left or right suggesting he’s running from a fight with obama
(5:03:35 PM) Julian: mccain has to look genuine. and waiting till after the debate would just look self-serving

—-

Who needs meeting rooms when you have the internet?

– Julian

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“Róger Calero of New York, journalist, was announced as the presidential nominee of the Socialist Workers Party in January 2008. This is Calero’s second run on the party’s ballot; however, because he was born in Nicaragua, if he were to win, Calero would nonetheless be ineligible for the Presidency.” – from Wikipedia.

Oh man, I can’t wipe away the laugh tears fast enough.

– Julian

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– Julian

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The last 10 seconds are pure gold.

– Julian

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