by Sue | May 9, 2012 | GOP Commentary
This puts the U.S. national debt in perspective: • U.S. tax revenue: $2,170,000,000,000 • Federal budget: $3,820,000,000,000 • Current deficit: $1,650,000,000,000 • National debt: $14,271,000,000,000 • Budget cuts: $38,500,000,000 Now, let’s remove 8 zeros and pretend it’s a household budget:
• Annual family income: $21,700
• Money the family spent: $38,200
• Additional charges on the credit card: $16,500
• Current credit-card balance: $142,710 • Budget cuts: $385
by Sue | May 9, 2012 | GOP Commentary
Initiative 960 requires that the Washington State Office of Financial Management (OFM) determine the ten-year cost to taxpayers of any proposed legislation that would raise taxes, impose new fees, or increase current fees.
The Freedom Foundation has compiled all tax and fee increases by bill sponsor. The resulting list of proposed tax and fee increases is shown below.
The Freedom Foundation has just posted its “Big Spender” list. Find out how much “your” legislator will cost you… http://www.myfreedomfoundation.com/index.php/site/view/hey_big_spender_2012
by Sue | May 9, 2012 | GOP Commentary
COSTELLO: I want to talk about the unemployment rate in America .
ABBOTT: Good Subject. Terrible Times. It’s 9%.
COSTELLO: That many people are out of work?
ABBOTT: No, that’s 16%.
COSTELLO: You just said 9%.
ABBOTT: 9% Unemployed.
COSTELLO: Right 9% out of work.
ABBOTT: No, that’s 16%.
COSTELLO: Okay, so it’s 16% unemployed.
ABBOTT: No, that’s 9%…
COSTELLO: WAIT A MINUTE. Is it 9% or 16%?
ABBOTT: 9% are unemployed. 16% are out of work.
COSTELLO: IF you are out of work you are unemployed.
ABBOTT: No, you can’t count the “Out of Work” as the unemployed. You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!! (more…)
