Political commentary, opinion & insight into the state of the United States of America.

First, the unemployment problem. It was due to ATM machines and airport kiosks. Now the deficit. If we could only tax those corporate jets we would be home free. So simple. It would raise $3 billion in taxes over the next decade. Remember the great luxury tax idea in the early 1990’s? It put all Read the full article…

First, the deficit numbers reflect current interest rates. These rates won’t stay forever. It’s calculated at 2.5% interest. If interest rates go to the average of 5.7%(past two decade average), the deficit would increase by $4.9 trillion over the next ten years. Next, the growth in GDP is forecast at 4% in 2012, 4.5% in Read the full article…