growth first

If you would ask President Obama what percentage each income group should pay in taxes, most likely you wouldn't get an answer. He doesn't know the number. It doesn't matter since he sees taxes as ever increasing.

He sees tax dollars as government money on loan. The means of production, which gives us tax dollars, is not enough. Government wants to own the means of production. General Motors is the prime example. Let government own the means of production. The result, on paper anyway, is more revenue. Welcome to new socialism.

What is needed is accelerated growth in our economy. The debt ceiling could very well be imposed on us, or it has been imposed, but does or will it matter? Only the bond market knows for sure. Bond marketeers know that the U.S. debt is approaching levels past the point of no return. If lending stops, the debt ceiling doesn't matter.

Job creation is the priority.
0 Responses to " growth first "