You are here: HomeColumnsShots from Skip's SoapboxFiscal Cliff's Notes

Fiscal Cliff's Notes

By Skip Thacker

Most of us have used “Cliff’s Notes” during our schooling—
Well, here are some
Obama and the Democrats want to raise the tax rates on the top 2% incomes.
This will fund the government annually only for an estimated 8 days!
This is patently NOT a serious solution to our economic problem.
Further, NO serious, specific spending cuts have been forthcoming from the White House.
Obama is not interested in a solution to the “Fiscal Cliff” problem—he only wants to punish the wealthy—the JOB creators!
If Obama were really serious about needing additional revenue (which he is not!), he would look at the way to “grow the economic pie," to stimulate private sector growth, and increase job growth.
He would look at the history of past economic growth periods:
                   1)- 1920’s Coolidge tax cuts—resulting in the Roaring 20’s!
2)- 1963 JFK tax cuts---resulting in a booming late 60’s economy!
               3)- 1983 Reagan tax cuts—resulting in the longest and strongest economic growth of the century!
                 4)- 2002 G.W.Bush tax cuts---resulting in strong growth economy, until the housing bubble burst (courtesy of Dodd/Frank), followed by the 2008 stock market dive.
Based on this history, increasing revenues to the government can only occur by a REDUCTION OF ALL TAXES, including personal income, corporate income, and estate taxes.
This will stimulate industries’ releasing pent-up cash reserves for expansion, hiring, and will result in an expansion of our “economic pie."

On the spending side, Obama is not interested in any spending cuts—including reforms for Medicare, Medicaid, or Social Security.
His goal is to increase citizen dependency on “Big Government," assuring that the “takers” outnumber the “producers," so that the Left will stay in power!
Please tell me how I am wrong on this analysis!
The bottom line---
This “president” is determined to take the United States down, brick by brick, due to his innate disdain for our Capitalistic Country!
In my opinion, our next move should be to initiate impeachment proceedings, based on his total incompetency to serve the USA properly!!

Join GCB Three Times Weekly Updates

Welcome to Three Times Weekly Updates! You will be subscribed to email notifications with links to recently posted articles.
You can unsubscribe anytime. We never share or rent your email to anyone.

Fire Alerts

Editor's Note

Don't forget to tell advertisers that you saw their ad on the Beat.

And, if you're in the need of an older model work truck with a steel bed, check out the classified ad just posted to the Beat.

Feel free to notify This email address is being protected from spambots. You need JavaScript enabled to view it., if you notice any problems on the site. Your convenience is my desire for the Beat.

If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.

Check Out Classifieds. And look at Sponsors to see who is helping the Beat.

It's really easy to check to see if there's a classified ad. Just click on Classifieds in the blue menu and the page will open letting you know if there is a classified ad. Remember that your buying classified ads gives you a wide readership, as well as supporting the Beat.

Post YOURS for quick results!

Note that if an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat

Remember that all articles and photos are copyrighted to the person who wrote or took them. Please ask permission before using anything written or photographed. We charge a small fee for use of photos.

When you click on the blue and orange button on the upper left side of most pages, you will find out how you can help the Beat defray its expenses, which, with increased readership, continue to grow.

You will arrive at a page that gives you options of how you can Help the Beat. All help is greatly appreciated and keeps the news you want and need coming into your browser.

Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.

Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com.

Go to top