Friday, June 24, 2011

Why the economy is still sputtering

For starters, you have people like Tim Geithner (H/T WND, SayAnything) more or less suggesting that government programs are more important than the welfare of the people, and ignoring the fact that most jobs are created by small businesses.  Yes, Dorothy, when you take fifty grand out of the hands of a millionaire, someone in the lower middle class loses his job.  That's simply how it works.

Then you've got the consequences of the government's war on Boeing; massive orders for rival Airbus.  If you think that the demand to shutter a South Carolina plant doesn't have side effects like this, well, then, I've got a nice bridge that I'll be willing to sell to you for a good price.

Finally, we have Minnesota's absurd tax policy, which makes it (H/T Cold Fusion Guy) the second most unfriendly state to retirees.  I would have hoped that even the DFL (Democrats) would be able to figure out that when you've got a group of people with assets, no children in the schools, and low crime rates, you want to do what you can to induce them to stay.    As it is, of course, Florida, Texas, and Arizona give a hearty "thank you" to Minnesota's government for their shortsighted actions towards the grandparents of their current residents.

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