JUST SOME POSTS

 Well, even though the media is doing what they always do and making the budget dispute now seem to be unique and disastrous, it is neither. Just since 1980 there have been 10 government shutdowns. Some were for only certain branches of the government (in a bit of disclosure, I am not sure how the government can only shut down only some parts) and some were for only one day (actually only part of one day).  The last two were during the Trump administration. Those times the executive branch (Trump administration) wanted to set some limits on spending and the Democratic controlled Congress did not. The entire government was shut down for three days in January 2018 and then in December of 2018 the majority of the government was shut down for 35 days into January of 2019.  During the Obama administration there was a complete government shutdown for 16 days. The Obama administration was trying to increase spending and the Republican led Congress was trying to set limits. (See ...

This is part 2 of the taxes and economy. If you have not read Part one (the post immediately prior to this one) you may want to. It can be read either before or after reading this one) To quickly catch you up in case you have not read the other, I was commenting on the issue of people posting so vehemently and positively about cutting taxes and the effect that has on the tax revenues. What amazed me is that the belief runs BOTH ways! It would seem to me that this is nothing more than a math problem. Now, although I hated math in school, I have always loved it for research and problem solving. Because, Open Core and Modern Math be damned, 2 + 2 should ALWAYS = 4! The same is true for complex problems. If you can distill it down to math, the answer is indisputable. In the spirit of disclosure I did go into this with the hypothesis that cutting federal income taxes would increase tax revenues when given enough time for those with increased after-tax incomes to do something with it...