Posts Tagged ‘Economic’

No more apologies – Part II

We grovel before Gadhafi and hide our flag. Critics claim we are a self-centered and selfish country, providing less foreign aid than twenty-one other countries when comparing the aid as a percentage of gross national income. Are our critics right? Are we not what we believe? Well, how might we fare if we looked at […]

Can we tax our way out of irresponsible debt?

 Congress believes irresponsible debt and spending is needed to rectify the problems created by irresponsible debt and spending. Further, it believes raising taxes to pay for its irresponsible debt will actually stimulate spending.         My father was raised on a farm in eastern Nebraska, sheltered from this unique congressional economic theory. He lived through the […]

The fraud of socialism

Leicester University in England recently ranked Denmark as the happiest country.  What is their secret?  By their own admission they are a socialist, welfare state providing everything for everyone from birth to death.  And they freely, almost proudly admit they pay for it with the highest income taxes in the world.  Were we wrong to […]

Socialism or democracy – we choose

Who should pay taxes and how much of their income should they pay in taxes?  What is fair?  Should everyone pay the same percentage of their income in taxes, or should the percentage increase as their income increases?  If everyone paid the same percentage of their income in taxes, the more you earned the more […]

The United States – the world’s provider and protector

We consider ourselves a giving, caring country.  But how do we compare to other “rich” nations in our willingness to provide foreign aid?  The Paris-based Organization of Economic Cooperation and Development (OECD) is a thirty-nation organization that works with countries to develop “open market economies, democratic pluralism, and respect for human rights.”  In 2003, OECD […]